5019 COMMONWEALTH DRIVE Sarasota, FL $ 2,554,250
5019 COMMONWEALTH DRIVE
$ 2,554,250
New Construction
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5019 COMMONWEALTH DRIVE

Sarasota, FL, 34242
$ 2,554,250
Bedrooms4 Baths4.1 Sq 2,735

Monthly Estimate*

$ 15,935

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Single Family Home for sale in Sarasota, FL

for $2,554,250 with 4 bedrooms and 4 full baths, 1 half bath. This 2,735 square foot home was built in 1955 on a lot size of 0.26.

Pre-Construction. To be built. An exceptional pre-construction opportunity awaits on Commonwealth Drive, one of Siesta Key’s most coveted and picturesque streets. This .26-acre lot, surrounded by multi-million-dollar homes and lush, mature landscaping, is being offered with thoughtfully crafted custom home plans by Yoder Construction—giving buyers a rare chance to build new in a prime island location. The existing cottage, rich in character, was impacted by recent hurricane flooding and holds no contributory value, creating a true blank canvas for your vision. The included plans feature The Oceana, a 2,735 square foot elevated coastal retreat with four bedrooms, four and a half baths, a gourmet kitchen with Thermador appliances and quartz countertops, engineered wood or tile flooring, solid-core 8’ doors, Kohler fixtures, hurricane-rated windows and doors, a reinforced garage, and energy-efficient design—all meeting or exceeding current Florida building codes. Commonwealth Drive is known for its tranquility, towering oaks, and warm sense of community, offering a lifestyle that blends privacy and prestige. Just minutes away, you’ll find Siesta Key Beach with its world-renowned white sands and turquoise waters, along with Siesta Key Village’s vibrant boutiques, cafés, and waterfront dining. Whether you’re planning a private retreat, a forever home, or an investment, this pre-build offering is a rare chance to create something truly special in a location where land is limited and the lifestyle is unmatched. Contact us today to learn more or request the full floor plan of The Oceana and schedule an appointment to meet at the design center. This future build has been exclusively designed as part of an ISLAND SERIES for sustainable and long term living on Siesta Key built to withstand the island's unique weather conditions while embracing the coastal lifestyle.

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Single Family Active

Price

$ 2,554,250

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 3,714

Style

Coastal

Lot Size

0.26

Year Built

1955

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4630299

Features
Interior
Interior Amenities ceiling fan(s) eating space in kitchen elevator high ceilings kitchen/family room combo open floorplan other pest guard system primary bedroom main floor solid surface counters solid wood cabinets sp
Flooring engineered hardwood other porcelain tile
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 1
Laundry Features electric dryer hookup inside laundry room other washer hookup
Total Bedrooms 4
Total Baths 5
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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 ice maker microwave other range range hood refrigerator tankless water heater washer
Zoning rsf2
Garage Spaces 2
Patio/Porch Features covered rear porch
Architectural Style coastal
Security Features fire alarm smoke detector(s)
Construction Materials concrete stucco vinyl siding
Pets Allowed yes
Year Built 1955
View garden trees/woods
Levels one
Property Subtype single family residence
Tax Year 2023
Ownership fee simple
County sarasota
New Construction yes
Property Type residential
HOA N
Attached Garage yes
Subdivision Name siesta beach
Facing Direction east
Garage Y/N yes
Total Rooms 9
Full Baths 4
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.
High School sarasota high
City sarasota
Senior Community Y/N no
MLS Area 34242 - sarasota/crescent beach/siesta key
Lot Size Units square feet
Lot Size Square Feet 11330
Carport Spaces 0
Carport Y/N yes
Listing Terms cash conventional
Elementary School phillippi shores elementary
Land Lease Y/N no
Tax Annual Amount 3714.87
Middle/Junior High School brookside middle
Property Condition pre-construction
Additional Parcels Y/N no
Lease Considered Y/N yes
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 no
Water View Y/N no
Flood Zone Code ae
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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 5629
Lot Dimensions 50 x 135
Lot Size Acres 0.26
Road Surface Type paved
Private Pool no
Waterfront Y/N no
Covered Spaces 2
Road Frontage Type street paved
Builder Model oceana elevation
Road Responsibility public maintained road
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Internal Only
Street Number 1 5019
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* Excluded Features
List By
William Raveis Real Estate

Broker

dawn@dawnbearsrq.com

Email

Affordability Calculator

$16,245
Per Month
98%
2%
0%
Monthly Principal & Interest
$15,935
Monthly Property Taxes
$310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3325910 Elementary School
3326155 Middle School
Sarasota High High School
Pricing History
DatePricePrice ChangeDescription
11/24/2024$1,000,000 Listed Price

Map


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5019 COMMONWEALTH DRIVE, Sarasota, FL, 34242 is a Single Family Home for sale at $2,554,250 with 2,735 sqft and a lot size of 0.26. 5019 COMMONWEALTH DRIVE has 4 bedrooms, 4.1 baths, and was built in 1955. The property's zip code is 34242 which is in Sarasota, FL