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$1,954,700
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Property Description
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 well-appointed custom-built home has a spectacular open floor plan. The home's grand entrance welcomes you through a covered porch that leads to an oversized foyer. 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. If interested to create an additional room/Office, a plan and design is available upon request.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
Full Property Details for 5024 Commonwealth Dr
General
- Sold For: $1,954,700
- Taxes: $19,159 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4649919
- Added to Site: 431 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: Unfurnished
- 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
- Living Area: 2,468 Sq. Ft.
- 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
Sold by Re/Max Alliance Group
Get Pre-Approved Today
Schools
Schools serving 5024 Commonwealth Dr
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.6 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.3 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5024 Commonwealth Dr
Date
Details
Price
Change
Source
5/28/2026
Sold
$1,954,700
-15.01%
MLS
3/14/2026
Price Reduced
$2,300,000
-8%
MLS
10/13/2025
Price Reduced
$2,500,000
-10.71%
MLS
4/28/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5024 Commonwealth Drive, Sarasota, FL 34242 (MLS# A4649919) is a Single Family property that was sold at $1,954,700 on May 28, 2026. 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.

