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5019 Commonwealth Drive, SARASOTA, FL 34242
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Priced at Only: $1,000,000
For more Information Call:
(352) 279-4408
Address: 5019 Commonwealth Drive, SARASOTA, FL 34242
Property Location and Similar Properties
- MLS#: A4630299 ( Residential )
- Street Address: 5019 Commonwealth Drive
- Viewed: 1
- Price: $1,000,000
- Price sqft: $543
- Waterfront: No
- Year Built: 1955
- Bldg sqft: 1843
- Bedrooms: 2
- Total Baths: 1
- Full Baths: 1
- Garage / Parking Spaces: 2
- Days On Market: 2
- Additional Information
- Geolocation: 27.2793 / -82.5524
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34242
- Subdivision: Siesta Beach
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Provided by: WILLIAM RAVEIS REAL ESTATE
- Contact: Dawn Bear
- 941-867-3901
- DMCA Notice
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DescriptionWelcome to Commonwealth Drive, a rare opportunity to own a slice of paradise on Siesta Key. This .26 acre lot is perfectly situated on one of the islands most coveted streets, known for its lush, mature landscaping, serene ambiance, and close proximity to everything that makes Siesta Key so special. Commonwealth Drive is lined with stunning multi million dollar homes, both waterfront and inland, offering a tranquil charm that feels both exclusive and inviting. While this particular lot is not waterfront, its location amidst these beautiful properties makes it an exceptional find. The property currently features a majestic cottage full of character and charm. However, recent hurricane flooding has left the home ready for redevelopment, creating the perfect opportunity to design your dream home. Whether you envision a modern coastal retreat or a timeless estate that reflects the beauty of the surroundings, this lot provides a rare blank canvas to bring your vision to life in one of Sarasotas most desirable neighborhoods. This property offers unparalleled access to Siesta Keys most beloved features. Just minutes away, Siesta Key Beach awaits with its powdery white sands and turquoise waters, consistently ranked among the best beaches in the world. Here, you can enjoy tranquil days under the sun, paddle through calm waters, or savor breathtaking sunsets. A short bike ride or drive takes you to Siesta Key Village, a vibrant hub filled with boutique shops, charming cafes, and waterfront dining. The relaxed island vibe makes every visit to the village a memorable experience, with options to suit all tastes. Commonwealth Drive is more than just a streetits a lifestyle. The quiet, tree lined neighborhood is known for its peaceful atmosphere and friendly neighbors, fostering a true sense of community. The mature landscaping, with its towering oaks and tropical foliage, creates a serene environment perfect for morning walks or peaceful evenings on your future lanai. This tranquil setting feels like a world away from the hustle and bustle, yet its conveniently located near the islands key attractions. Land on Siesta Key is extremely limited, making this property a rare and exciting opportunity. Whether youre looking to build a forever home, a vacation retreat, or an investment property, this lot provides endless possibilities to create something truly special. Commonwealth Drive is the epitome of Siesta Key living, combining quiet luxury with unmatched convenience. Opportunities like this dont come often, especially in a location as desirable as this. This property invites you to embrace the charm, beauty, and serenity of Siesta Key while creating a legacy on one of the islands most coveted streets. Dont miss your chance to build your dream home in a neighborhood that embodies tropical elegance, friendly neighbors, and proximity to world class beaches. Contact us today to learn more about this extraordinary property and start planning your future in paradise.
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- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Other
- Flooring: Other
- Living Area: 1363.00
- Roof: Metal
Land Information
- Lot Features: Cleared, Landscaped, Level, Oversized Lot, Private, Paved
School Information
- High School: Sarasota High
- Middle School: Brookside Middle
- School Elementary: Phillippi Shores Elementary
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: None
Utilities
- Carport Spaces: 2.00
- Cooling: Other
- Heating: Other
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Street Lights, Water Available
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2023
Other Features
- Appliances: Other
- Country: US
- Interior Features: Other
- Legal Description: NWLY 2 FT OF LOT 33 ALL OF LOT 32 & THAT PART OF LOT 31 DESC AS BEG AT SWLY COR OF LOT 31 FOR POB TH N-51-20-50-E 136.05 FT TO SELY COR OF LOT 31 TH N-41-55-09-W 23 FT TO A POINT ON NELY BDRY OF LOT
- Levels: One
- Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
- Occupant Type: Vacant
- Parcel Number: 0081100023
- View: Garden, Trees/Woods
- Zoning Code: RSF2
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