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5019 Commonwealth Drive
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PRICED AT ONLY: $875,000

Address: 5019 Commonwealth Drive, SARASOTA, FL 34242

Description

A Rare Build Opportunity on Siesta Key! Located on one of Siesta Keys 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 visionwhether youre 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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More Like This
  • MLS#: A4648656 ( Land )
  • Street Address: 5019 Commonwealth Drive
  • Viewed: 81
  • Price: $875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 179

Description

A Rare Build Opportunity on Siesta Key! Located on one of Siesta Keys 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 visionwhether youre 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Sarasota High
  • Middle School: Brookside Middle
  • School Elementary: Phillippi Shores Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Sewer Connected, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Residential
  • 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 TH N 51-20-50 E 136.05 FT TO SELY COR OF SAID LOT 31 TH N 41-55-09 W 23 FT TO A POINT ON NELY BDRY OF
  • Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Parcel Number: 0081100023
  • Views: 81
  • Zoning Code: RSF2
Nearby Subdivisions
Bay Island   Bay Island Rep 01   Bay Island Shores   Harmony Sub   Heron Lagoon Lodges   Hidden Harbor   Midnight Harbor Sub   Mira Mar Sub   Ocean Beach Rep   Roberts Point   Royal Palm Harbor   Sanderling Club   Sanderling Clubsiesta Properti   Sarasota Beach   Siesta Beach   Siesta Isles   Siesta Manor Sec 3   Siesta Properties Inc   Siesta Rev Of   Solymar   Spice Bay   Stevens Sub   The Sanderling Club   Twitchell Ralph S Siesta Key P   White Beach Fruit Co Prop  
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