Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Wooded

  • Lot Size(acres)

    0.26

  • Property Type

    Land

Price

  • Sales Price

    $875,000

  • Tax Amount

    9513.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    Phillippi Shores Elementary

  • Middle School

    Brookside Middle

  • High School

    Sarasota High

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

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Location

County

Sarasota

Elementary School

Phillippi Shores Elementary

Middle School

Brookside Middle

High School

Sarasota High

Listing Courtesy of Dawn Bear , WILLIAM RAVEIS REAL ESTATE

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A Rare Build Opportunity on Siesta Key! Located on one of Siesta Key’s most beloved streets, this .26-acre lot on Commonwealth Drive presents a unique opportunity to build new in an established, multi-million-dollar neighborhood. Surrounded by lush, mature landscaping and a peaceful, community-focused setting, the lot offers the ideal backdrop for your vision—whether you’re seeking a full-time residence, vacation retreat, or long-term investment. The existing cottage, which holds no contributory value due to hurricane flooding, creates a true blank slate for new construction. As an added benefit, this property is being offered with the option to build a thoughtfully designed custom home by Yoder Construction. The proposed plan, The Oceana, is part of an exclusive ISLAND SERIES, developed with sustainability and the unique coastal conditions of Siesta Key in mind. Buyers may choose to build this elevated 2,735-square-foot home, or collaborate with the builder on a personalized design through the available design center. Commonwealth Drive is ideally located just minutes from the powdery sands of Siesta Key Beach and the vibrant charm of Siesta Village, with its shops, restaurants, and island lifestyle. Opportunities to build new in this highly sought-after location are increasingly rare. To  explore this offering further, request details on the optional build package, and schedule a walk of the lot.

5019 COMMONWEALTH DRIVE

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This property is steps outside of Southside Village, Sarasota's oldest shopping and dining district, a block from Sarasota Memorial Hospital, less than two miles from downtown and minutes from Siesta Key Beach. Located between Orange Ave. and Osprey Ave.  Increasingly rare, homesites like this don't come along often, part of Sarasota's accessible and vibrant neighborhood. The owners have procured a letter from the city that shows the property is a non-conforming buildable lot of record. There is a charming 1925 bungalow and guest cottage on the property. Rent while you make your plans to build your dream home! Survey available. Property next door to the east is available as well for two contiguous lots. *** Please note this house is listed as a RESIDENTAL HOME AS WELL.  PLEASE LOOK AT MLS# A4645254
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