5019 Commonwealth Drive Sarasota, FL 34242
For Sale MLS# A4630299
2 beds 1 baths 1,373 sq ft Single Family
Details for 5019 Commonwealth Drive
MLS# A4630299
Description for 5019 Commonwealth Drive, Sarasota, FL, 34242
PRICED to Sell! 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 Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 2
Bathrooms: 1
Lot Size: 0.26 Acres
Square Feet: 1,373 sq ft
Year Built: 1955
Stories: 1 Story
Construction: Wood Frame
Construction Display: New Construction
Subdivision: Siesta Beach
Builder: YODER HOMES
Foundation: Slab
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Phillippi Shores Elementary
Middle: Brookside Middle
High: Sarasota High
Room Information
Main Floor
Porch: 32x12
Primary Bathroom: 14.6x11.9
Foyer: 11.8x11
Dinette: 10.6x11
Laundry: 10.1x11
Bedroom 2: 12.6x10
Primary Bedroom: 14.3x16
Kitchen: 11.6x17
Great Room: 17x20
Bathrooms
Full Baths: 1
Additonal Room Information
Laundry: Other, Inside, Washer Hookup, Electric Dryer Hookup, Laundry Room
Interior Features
Appliances: Exhaust Fan, Built-In Oven, Electric Water Heater, Dishwasher, Disposal, Dryer
Flooring: Engineered Hardwood,Other,Porcelain Tile
Doors/Windows: Window Treatments
Additional Interior Features: Split Bedrooms, Tray Ceiling(s), Built-in Features, Walk-In Closet(s), Kitchen/Family Room Combo, Solid Surface Counters, Stone Counters, Wood Cabinets, Main Level Primary, Window Treatments
Utilities
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Natural Gas Available,Municipal Utilities,Other,Sewer Connected,Water Available,Water Not Available
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Roof: Tile, Metal
Lot View: Garden,Trees/Woods
Lot Dimensions: 50x135
Additional Exterior/Lot Features: Other, Storage, Sprinkler/Irrigation, Lighting, Rain Gutters, Rear Porch, Covered, Flat, Level, Landscaped, Oversized Lot, Flood Zone, Private
Community Features
Community Features: Street Lights
Driving 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. The property will be on your left. Enjoy the scenic drive through Siesta Key.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 0081100023
Tax Amount: 6363.17
Tax Year: 2025
A broker reciprocity listing courtesy: WILLIAM RAVEIS REAL ESTATE
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5019 Commonwealth Drive
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5019 Commonwealth Drive
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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