565 COMMONWEALTH PLACE Sarasota, FL $ 1,895,000
565 COMMONWEALTH PLACE
$ 1,895,000
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565 COMMONWEALTH PLACE

Sarasota, FL, 34242
$ 1,895,000
Bedrooms3 Baths2.0 Sq 1,849

Monthly Estimate*

$ 11,965

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Single Family Home for sale in Sarasota, FL

for $1,895,000 with 3 bedrooms and 2 full baths. This 1,849 square foot home was built in 1973 on a lot size of 0.22.

Tucked away on a quiet cul-de-sac in one of Siesta Key's most desirable waterfront neighborhoods, this beautifully maintained canal-front residence offers the kind of island lifestyle buyers dream about. Set on an exceptional pie-shaped homesite with 129 feet of waterfront and recapped seawall, this low-wake arm of the Grand Canal offers quick access to Roberts Bay while its calm, protected basin provides a peaceful, private setting for both boating and everyday waterfront living. Designed for easy indoor-outdoor living, the three-bedroom, two-bath home opens seamlessly to a private backyard retreat where a heated pool, fire pit and spacious screened lanai invite long afternoons in the Florida sunshine and evenings spent under the palms. The broad canal views create an unexpected sense of space, offering peaceful water vistas without feeling confined by neighboring homes. Whether entertaining friends or enjoying a quiet morning overlooking the water, every space feels relaxed, comfortable and unmistakably coastal. Inside, tray ceilings, plantation shutters and an abundance of natural light create a warm, welcoming atmosphere. The thoughtfully updated kitchen features solid maple cabinetry, granite countertops, premium appliances, abundant storage and a convenient pass-through window for effortless entertaining. The spacious primary suite overlooks the pool and canal, complete with a generous walk-in closet and an updated ensuite bath with dual vanities, soaking tub and separate shower. A split-bedroom floor plan offers privacy for owners and guests alike. Boaters will appreciate the Trex dock, expanded waterside paver patio, 10,000-pound lift, fish cleaning station and protected canal setting, while the fully fenced yard, hurricane shutters, oversized laundry room, paver driveway and two-car garage add everyday convenience. The home remained dry during the 2024 storms, offering valuable peace of mind. Perhaps what makes this property so special isn't simply its long list of amenities, but the life it invites. It's the kind of home where grandchildren cannonball into the pool, dogs race across the backyard, friends linger around the fire pit long after sunset, and an evening boat ride becomes part of the daily routine. For those ready to trade elevators and HOA hallways for a private dock, a backyard made for gathering and a different sense of home, this is a rare opportunity. Just minutes from our famous Siesta Beach, the lively Siesta Key Village and the vibrancy downtown Sarasota, it offers waterfront living that feels both peaceful and connected.

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Single Family Coming Soon

Price

$ 1,895,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 14,976

Style

Florida Ranch

Lot Size

0.22

Year Built

1973

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4698496

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Public Sewer Connected Water Connected
Roof Tile
Appliances Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Refrigerator Washer
Zoning RSF2
HOA Fee 500
Garage Spaces 2
Association Fee Includes Common Area Taxes
Patio/Porch Features Covered Deck Front Porch Rear Porch Screened
Architectural Style Florida Ranch
Pool Features Gunite Heated In Ground
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1973
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Saltwater
Assoc Fee Paid Per Annually
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SIESTAS BAYSIDE WATERSIDE EAST REP LTS 18 & 19
Facing Direction Southwest
Garage Y/N true
Total Rooms 5
Full Baths 2
Status Coming Soon
Directions From the Stickney Point Bridge to Siesta Key turn right onto Midnight Pass Road follow Midnight Pass turn right at traffic light. Turn left onto Commonwealth Dr then right onto Commonwealth Pl. Go to cul-de-sac property is on the right.
High School Sarasota High
City SARASOTA
Association Name n/a
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 9783
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Above Ground Heated
Elementary School Phillippi Shores Elementary
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 14976
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://poff-media-group.aryeo.com/sites/eppzayqg/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Coming Soon
Occupancy Type Vacant
Tax Lot 19
Legal Description LOT 19 SIESTAS BAYSIDE WATERSIDE EAST REPLAT OF LOTS 18 & 19
Water View Canal
Water Access Type Canal - Saltwater
Minimum Lease 1 Month
Water Access Y/N true
Monthly HOA Amount 41.67
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding Eating Space In Kitchen Open Floorplan Primary Bedroom Main Floor Solid Wood Cabinets Stone Counters Tray Ceiling(s) Walk-In Closet(s) Window Treatments
Flooring Tile Travertine
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Fire Pit Garden Hurricane Shutters Irrigation System Outdoor Grill Private Yard Rain Gutters Sliding Doors
Vegetation Trees/Landscaped
Fencing Chain Link
Parking Features Driveway Garage Door Opener
Lot Features Cul-De-Sac FloodZone In County Landscaped
Water Source Public
Lot Size Area 9783
Foundation Details Slab
Spa true
Building Area Total 2793
Lot Size Acres 0.22
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Paved
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* Excluded Features
List By
rudy@rudydudon.com

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Affordability Calculator

$13,213
Per Month
91%
9%
0%
Monthly Principal & Interest
$11,965
Monthly Property Taxes
$1,248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/1/2026$1,895,000 Listed Price

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565 COMMONWEALTH PLACE, Sarasota, FL, 34242 is a Single Family Home for sale at $1,895,000 with 1,849 sqft and a lot size of 0.22. 565 COMMONWEALTH PLACE has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 34242 which is in Sarasota, FL