Properties

Save
Ask
Tour
Hide
Share
$875,000
3 Days On Site

5019 COMMONWEALTH DRIVE
SARASOTA, FL 34242

For Sale|Land|Active
Subdivision:
SIESTA BEACH
County:
Sarasota

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

5019 COMMONWEALTH DRIVE5019 COMMONWEALTH DRIVE5019 COMMONWEALTH DRIVE5019 COMMONWEALTH DRIVE
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$3,992
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$875,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
N/A
MLS® Number 
A4648656
Status 
Active
Property Tax 
$9,513
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.26
Additional Property Use 
Residential
Direction Faces 
East
Sewer 
Public Sewer
Utilities 
Cable AvailableSewer ConnectedWater Available
Water Source 
Public
Zoning 
RSF2
Save
Ask
Tour
Hide
Share
Exterior Features
Frontage 
60
Lot Features 
Wooded
Community Features
Financing Terms Available 
Cash
MLS Area 
34242 - Sarasota/Crescent Beach/Siesta Key
Roads 
Paved
Township 
37
Schools
School District
Unknown
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing courtesy of WILLIAM RAVEIS REAL ESTATE 9414687224



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-04-15 06:01 AM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share