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$2,500,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,468 Sq. Ft.
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Nestled in the quaint neighborhood along the Grand Canal on Siesta Key, this Key West style home offers the perfect blend of old-world charm and modern living. This exceptionally well-appointed custom-built home is being offered turnkey. The home's grand entrance welcomes you through a covered porch that leads to an oversized foyer. You are greeted with a spectacular open floor plan, where an abundance of natural light, beautiful canal views, soaring ceilings and gleaming hardwood floors create a bright and airy atmosphere throughout. You will then be charmed by the library with a sliding ladder, wood burning fireplace, walnut wood flooring, and cedar beams in the living room, all combined with modern style furniture. The open living area includes a kitchen, with cherry wood cabinets, and an Iron Elmira stove surrounded by Chicago brick, gorgeous dining room and a breakfast nook. Floor to ceiling windows and sliding doors seamlessly connect the grand living area to the outside covered deck, perfect for entertaining. The beautiful primary suite with canal views is on the main level and two generously sized bedrooms with their en-suite bathrooms are located on the upper level. A "basement room" between the two garages offers a huge amount of storage with built-in closets and cabinets. The house was not affected by any wind or flood damage thanks to its solid concrete block construction and 11ft elevation of living space. Some water intrusion on garage level, but did not cause any damage to building, or cabinets in storage area between the garages. The fenced-in backyard features a 35ft screened heated pool with a waterfall and Chicago brick deck. The 60ft IPE hardwood boat dock with a tropical over-the-water gazebo is equipped with a 10,000lb boat lift and offers plenty of space for all your outdoor toys. Boating just one mile through the deep-water canal brings you to the Intercoastal Waterway which leads right out into the open Gulf. In a market where quality counts more than ever, this home offers a rare blend of location, craftsmanship, and timeless appeal. Welcome home to Siesta Key - island living, breath-taking sunsets, boating and award-winning beaches, all at your doorstep.

Full Property Details for 5024 Commonwealth Dr

General

  • Price: $2,500,000
  • Taxes: $19,159 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4649919
  • Updated: 10/13/2025
  • Added to Site: 263 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 9
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Chair Rail, Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Fireplace: Yes
  • Fireplace(s): Living Room, Masonry, Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Furnishings: Turnkey
  • Flooring: Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside, Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Heated, In Ground, Screen Enclosure

Exterior

  • Exterior Features: French Doors, Irrigation System, Lighting, Sliding Doors
  • Deck/Patio: Covered, Deck, Screened
  • Porch/Patio/Deck: Covered, Deck, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway, Garage Door Opener

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SIESTA BEACH
  • Driving Directions: From the north bridge to Siesta Key: take Midnight Pass Rd to the left as it splits at Higel and follow down about a mile just over the bridge. Take a right onto Commonwealth. Go straight at the stop sign and the home will be on the right. From the South bridge to Siesta Key: Follow Midnight pass north to the stop light and take a right. Take a left onto Commonwealth Dr., follow road and home will be on your left.
  • 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, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: GRAND CANAL
  • Water: Public
  • Utility Description: Electricity Connected, Public, Water Connected

Structural Information

  • Architectural Info: Key West
  • Architectural Style: Key West
  • Builder: McManus- Hager Group
  • Exterior Const.: Block
  • Roof: Metal
  • Windows: Window Treatments
  • Stories/Levels: Two
  • Square Feet: 2,468
  • Sq. Ft. Source: Public Records
  • Year Built: 2003

Additional Structures

  • Other Structures: Gazebo

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 9,849
  • Lot Size: 9849
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt
  • Fencing (Description): Wood

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Yes
  • Water Front Name: GRAND CANAL
  • Water Front Desc.: Saltwater Canal, Canal Front

Financial Considerations

  • Tax Amount: $19,159
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 29 LESS SELY 7 1/2 FT & S 15 FT OF LOT 28 BLK 22 SIESTA BEACH
  • Flood Zone Info: AE
  • APN: 81100036
  • Property ID: 81100036
  • Block/Lot/Section: 22

Listed by Charity & Weiss International Llc

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Listing agents

— 5024 Commonwealth Dr —

  • Charity & Weiss International Llc

  • Charity & Weiss International Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5024 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
6-82.3 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 5024 Commonwealth Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/13/2025
Price Reduced
$2,500,000
-10.71%
MLS
4/28/2025
Listed
$2,800,000
174.24%
MLS
10/14/2009
Sold
$1,021,000
—
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 5024 Commonwealth Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,159
-2%
$1,724,300
-9%
2023
$19,494
39%
$1,886,900
67%
2021
$14,064
-20%
$1,131,800
-31%
2022
$17,501
24%
$1,646,300
72%
2021
$14,064
21%
$957,700
8%
2019
$11,617
-4%
$883,900
-4%
2018
$12,069
-5%
$920,200
-4%
2017
$12,736
2%
$956,800
3%
2016
$12,472
9%
$933,200
14%
2015
$11,437
3%
$815,700
4%
2014
$11,108
6%
$787,100
8%
2013
$10,489
—
$729,200
—
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 Charity & Weiss International Llc

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5024 Commonwealth Drive, Sarasota, FL 34242 (MLS# A4649919) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 5024 Commonwealth Drive is currently listed for $2,500,000 and was received on April 28, 2025. Want to learn more about 5024 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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