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5019 Commonwealth Drive, Sarasota, FL 34242

$675,000
  • 5019 Commonwealth Drive, Sarasota, FL 34242 Main Photo

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Active
LOT SIZE 0.260 acres MLS#A4648656
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONSIESTA BEACH

Property Description

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. Key!

5019 Commonwealth Drive | MLS# A4648656

This land located at 5019 Commonwealth Drive, Sarasota, FL 34242 is currently listed for sale with an asking price of $675,000. The property has approximately 0.26 Acres. Search Sarasota real estate on www.floridaexecutivenewhomes.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.26 Acres
Taxes: $9,513

Feature Descriptions

Days on Site: 357
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 dri
Flood Zone Code: AE
Home Warranty Y/N: No
Listing Terms: Cash, Other
Lot Dimensions: 0.26
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Cable Available, Public, Sewer Connected, Water Available
Vegetation: Mature Landscaping, Wooded
Water: Public
Water Access Y/N: No
Zoning: RSF2

Local Schools

High School: Sarasota High
Middle School: Brookside Middle
Elementary School: Phillippi Shores Elementary

Listed By / Shown By

Listed By

Agency Name: WILLIAM RAVEIS REAL ESTATE
Agency Contact: 941-894-1255

Shown By

Agency Title: Florida Executive Realty - New Construction
Agency Phone: 813-908-8500

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Estimated Payment

$ 2,491.88 per month $1,502.26 Principal & Interest $792.75 Property Tax $196.88 Homeowner's Insurance

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