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$2,554,250

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,735 Sq. Ft.
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Pre-Construction. To be built. An exceptional pre-construction opportunity awaits on Commonwealth Drive, one of Siesta Key's most coveted and picturesque streets. This .26-acre lot, surrounded by multi-million-dollar homes and lush, mature landscaping, is being offered with thoughtfully crafted custom home plans by Yoder Construction-giving buyers a rare chance to build new in a prime island location. The existing cottage, rich in character, was impacted by recent hurricane flooding and holds no contributory value, creating a true blank canvas for your vision. The included plans feature The Oceana, a 2,735 square foot elevated coastal retreat with four bedrooms, four and a half baths, a gourmet kitchen with Thermador appliances and quartz countertops, engineered wood or tile flooring, solid-core 8' doors, Kohler fixtures, hurricane-rated windows and doors, a reinforced garage, and energy-efficient design-all meeting or exceeding current Florida building codes. Commonwealth Drive is known for its tranquility, towering oaks, and warm sense of community, offering a lifestyle that blends privacy and prestige. Just minutes away, you'll find Siesta Key Beach with its world-renowned white sands and turquoise waters, along with Siesta Key Village's vibrant boutiques, cafés, and waterfront dining. Whether you're planning a private retreat, a forever home, or an investment, this pre-build offering is a rare chance to create something truly special in a location where land is limited and the lifestyle is unmatched. Contact us today to learn more or request the full floor plan of The Oceana and schedule an appointment to meet at the design center. This future build has been exclusively designed as part of an ISLAND SERIES for sustainable and long term living on Siesta Key built to withstand the island's unique weather conditions while embracing the coastal lifestyle.

Full Property Details for 5019 Commonwealth Dr

General

  • Price: $2,554,250
  • Taxes: $3,714 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4630299
  • Updated: 12/31/2025
  • Added to Site: 419 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 9
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Other, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Other, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Flooring: Engineered Hardwood, Other, Porcelain Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup

Additional Information

  • Security/Safety: Fire Alarm, Smoke Detector(s)

Exterior

  • Exterior Features: Irrigation System, Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
  • Deck/Patio: Covered, Rear Porch
  • Porch/Patio/Deck: Covered, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Carports: Yes
  • Covered Spaces: 2

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SIESTA BEACH
  • 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.
  • Direction Faces: East

School Information

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

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: None
  • Utility Description: Cable TV Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Street Lights, Water Available

Structural Information

  • Architectural Info: Coastal
  • Architectural Style: Coastal
  • Builder: YODER HOMES
  • Approx Compl Date: 2025-04-30T04:00:00.000Z
  • Exterior Const.: Concrete, Stucco, Vinyl Siding
  • Roof: Metal, Tile
  • Stories/Levels: One
  • Square Feet: 2,735
  • Sq. Ft. Source: Builder
  • Year Built: 1955

Lot Features

  • Property View: Garden, Trees/Woods
  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,330
  • Lot Size: 11330
  • Lot Dimensions: 50 x 135
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $3,714.87
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • 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 FOR POB TH N-51-20-50-E 136.05 FT TO SELY COR OF LOT 31 TH N-41-55-09-W 23 FT TO A POINT ON NELY BDRY OF LOT
  • Flood Zone Info: AE
  • APN: 81100023
  • Property ID: 81100023
  • Block/Lot/Section: 21

Listed by William Raveis Real Estate

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Listing agent

— 5019 Commonwealth Dr —

  • William Raveis Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5019 Commonwealth Dr

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-51.6 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-82.2 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-123.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5019 Commonwealth Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2024
Listed
$2,554,250
155.42%
MLS
8/08/2023
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5019 Commonwealth Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,513
156%
$816,500
155%
2023
$3,715
2%
$319,937
3%
2022
$3,656
—
$310,618
3%
2021
$3,674
—
$301,571
1%
2021
$3,674
3%
$297,407
2%
2019
$3,553
3%
$290,720
2%
2018
$3,466
—
$285,299
2%
2017
$3,449
—
$279,431
2%
2016
$3,445
-2%
$273,684
1%
2015
$3,507
—
$271,782
1%
2014
$3,493
—
$269,625
2%
2013
$3,490
—
$265,640
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by William Raveis Real Estate

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5019 Commonwealth Drive, Sarasota, FL 34242 (MLS# A4630299) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 5019 Commonwealth Drive is currently listed for $2,554,250 and was received on November 24, 2024. Want to learn more about 5019 Commonwealth Drive? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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