- 1,363
- Square feet
- 2
- bedrooms
- 1
- Bathrooms
5019 Commonwealth Dr Sarasota Florida 34242
Welcome to Commonwealth Drive, a rare opportunity to own a slice of paradise on Siesta Key. Prime opportunity for new construction on this property, offering a blank canvas to build your dream home. This 26-acre lot is perfectly situated on one of the island’s 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 Sarasota’s most desirable neighborhoods. This property offers unparalleled access to Siesta Key’s 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 street—it’s 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 it’s conveniently located near the island’s key attractions. Land on Siesta Key is extremely limited, making this property a rare and exciting opportunity. Whether you’re 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 don’t 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 island’s most coveted streets. Don’t 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.
Features
- MLS#
- MFRA4630299
- County
- Sarasota
- Type
- Single Family Residence
- Year built
- 1955
- # Floors
- 1 story
- Private Pool
- None
- Parking
- Lot
- 0.26 acres
- Taxes
- $3714.87
- Roof
- Metal
- Fireplace
- None
- Price/sqft
- $734
- On Market
- 28 days
Community
Schools:
- Elementary:
- Phillippi Shores Elementary
- Middle:
- Brookside Middle
- High:
- Sarasota High
Pets:
- Pets OK?
- No
- Restrictions:
- No Restrictions
Community Information & Fees:
Listing courtesy of WILLIAM RAVEIS REAL ESTATE.
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This data is updated daily. Some properties appearing for sale on this web site may subsequently have sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the IDX program of The Florida Association of REALTORS®, MFRMLS IDX, Sarasota Association of REALTORS®, Gulf Coast Regional MLS, Venice Area Board of REALTORS®, Englewood Area Board of REALTORS®, Punta Gorda, Port Charlotte, North Port Association of REALTORS®. Real estate listings held by brokerage firms other than those marked with the Broker Reciprocity logo, IDX. All information contained herein is deemed reliable but not guaranteed. The information provided is for consumer, non-commercial use only and my not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. No part of this web site may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of www.murrayrealtyflorida.com, The Florida Association of Realtors, or the MLS Board of origin. listing data last updated from MFRMLS on 10-30-2019