5019 COMMONWEALTH DRIVE Sarasota, FL $ 675,000
5019 COMMONWEALTH DRIVE
$ 675,000
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5019 COMMONWEALTH DRIVE

Sarasota, FL, 34242
$ 675,000
Bedrooms2 Baths1.0 Sq 1,373

Monthly Estimate*

$ 4,156

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Single Family Home for sale in Sarasota, FL

for $675,000 with 2 bedrooms and 1 full bath. This 1,373 square foot home was built in 1955 on a lot size of 0.26.

PRICED to Sell! 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.

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Single Family Active

Price

$ 675,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 6,363

Style

Cottage

Lot Size

0.26

Year Built

1955

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4630299

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Other Public Sewer Connected Street Lights Water Available
Roof Metal Tile
Appliances Built-In Oven Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan None
Zoning RSF2
Patio/Porch Features Covered Rear Porch
Architectural Style Cottage
Construction Materials Wood Frame
Pets Allowed Yes
Year Built 1955
View Garden Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name SIESTA BEACH
Facing Direction East
Garage Y/N false
Total Rooms 9
Full Baths 1
Status Active
Directions Exit 207- Take Bee Ridge Rd west towards Siesta Key for 4 miles. Turn left onto Midnight Pass Rd. Continue over the South Bridge and turn left onto Midnight Pass Rd. Turn left ono Commonwealth Drive. The property will be on your left. Enjoy the scenic drive through Siesta Key.
High School Sarasota High
City SARASOTA
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 11330
Carport Spaces 0
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 6363.17
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name YODER HOMES
Standard Status Active
Occupancy Type Vacant
Tax Lot 33
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
Minimum Lease 1 Month
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Kitchen/Family Room Combo Primary Bedroom Main Floor Solid Surface Counters Solid Wood Cabinets Split Bedroom Stone Counters Thermostat Tray Ceiling(s) Walk-In Closet(s) Window Treatments
Flooring Engineered Hardwood Other Porcelain Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Electric Dryer Hookup Inside Laundry Room Other Washer Hookup
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Irrigation System Lighting Other Private Mailbox Rain Gutters Sliding Doors Storage
Vegetation Mature Landscaping
Lot Features Flood Insurance Required FloodZone Landscaped Level Oversized Lot Private
Water Source None
Lot Size Area 11330
Foundation Details Slab
Building Area Total 1874
Lot Dimensions 50 x 135
Lot Size Acres 0.26
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type Street Paved
Builder Model OCEANA ELEVATION
Road Responsibility Public Maintained Road
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* Excluded Features
List By
William Raveis Real Estate

Broker

dawn@dawnbearsrq.com

Email

Affordability Calculator

$4,686
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$530
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$675,000 -73.57% Price Down
12/19/2025$2,554,250 Listed Price

Map


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5019 COMMONWEALTH DRIVE, Sarasota, FL, 34242 is a Single Family Home for sale at $675,000 with 1,373 sqft and a lot size of 0.26. 5019 COMMONWEALTH DRIVE has 2 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 34242 which is in Sarasota, FL