5019 Commonwealth Dr Sarasota, FL 34242
Estimated payment $5,625/month
Total Views
40,580
0.26
Acre
$3,365,385
Price per Acre
11,326
Sq Ft Lot
Highlights
- Wooded Lot
- No HOA
- Mature Landscaping
- Phillippi Shores Elementary School Rated A
About This Lot
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.
Listing Agent
WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3355163 Listed on: 04/12/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,513
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 60x134x60x138
- East Facing Home
- Mature Landscaping
- Wooded Lot
- Property is zoned RSF2
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Siesta Beach Community
- Siesta Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 33 / 21
- Assessor Parcel Number 0081100023
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,715 | $816,500 | $668,800 | $147,700 |
| 2023 | $3,715 | $319,937 | $0 | $0 |
| 2022 | $3,656 | $310,618 | $0 | $0 |
| 2021 | $3,674 | $301,571 | $0 | $0 |
| 2020 | $3,682 | $297,407 | $0 | $0 |
| 2019 | $3,553 | $290,720 | $0 | $0 |
| 2018 | $3,466 | $285,299 | $0 | $0 |
| 2017 | $3,449 | $279,431 | $0 | $0 |
| 2016 | $3,445 | $360,400 | $236,600 | $123,800 |
| 2015 | $3,507 | $381,200 | $278,100 | $103,100 |
| 2014 | $3,493 | $265,640 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2025 04/12/25 | For Sale | $875,000 | -65.7% | -- |
| 04/11/2025 04/11/25 | Price Changed | $2,554,250 | +155.4% | $934 / Sq Ft |
| 11/24/2024 11/24/24 | For Sale | $1,000,000 | 0.0% | $366 / Sq Ft |
| 08/08/2023 08/08/23 | Sold | $1,000,000 | +0.5% | $734 / Sq Ft |
| 06/28/2023 06/28/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | For Sale | $995,000 | -- | $730 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Listed On Document | |
| Warranty Deed | $382,500 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | Land Title Guarantee Co | |
| Warranty Deed | $188,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $214,000 | New Conventional | |
| Previous Owner | $152,945 | No Value Available |
Source: Public Records
About the Listing Agent
Looking for a dedicated, hardworking, and down-to-earth local Realtor who will be committed to helping you 24/7? Look no further. I'm Dawn Bear, your go-to friendly real estate professional in Sarasota, Manatee, and Charlotte counties. With over $85M in successful closings, I am here to guide you through one of the biggest investments of your life with expertise, commitment, and honesty.
I've been a full-time resident of Sarasota County since 1988 and have been actively working on
Dawn's Other Listings
Source: Stellar MLS
MLS Number: A4648656
APN: 0081-10-0023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 782 Birdsong Ln
- 5024 Commonwealth Dr
- 4959 Commonwealth Dr
- 4964 Commonwealth Dr
- 5033 Oxford Dr
- 711 Birdsong Ln
- 5107 Saint Albans Ave
- 614 Tropical Cir
- 813 Plymouth St
- 5108 Saint Albans Ave
- 710 Birdsong Ln
- 5169 Oxford Dr
- 4937 Oxford Dr
- 746 Plymouth St
- 4931 Oxford Dr
- 656 Tropical Cir
- 670 Venice Ln
- 4903 Commonwealth Dr
- 755 Edgemere Ln
- 5112 Jungle Plum Rd
- 4946 Commonwealth Dr
- 726 Birdsong Ln
- 4879 Commonwealth Dr
- 733 Tropical Cir
- 5153 Sandy Cove Ave
- 614 Treasure Boat Way
- 577 Venice Ln
- 5024 Higel Ave
- 5216 Calle de Costa Rica
- 412 Treasure Boat Way
- 935 Contento St
- 211 Island Cir
- 345 Avenida Leona
- 339 Avenida de Paradisio
- 5518 Shadow Lawn Dr
- 327 Avenida Milano
- 4852 Featherbed Ln
- 5516 Avenida Del Mare
- 5519 Azure Way
- 301 Avenida Madera Unit B