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Property Description
Tucked away on a quiet cul-de-sac in one of Siesta Key's most desirable waterfront neighborhoods, this beautifully maintained canal-front residence offers the kind of island lifestyle buyers dream about. Set on an exceptional pie-shaped homesite with 129 feet of waterfront and recapped seawall, this low-wake arm of the Grand Canal offers quick access to Roberts Bay while its calm, protected basin provides a peaceful, private setting for both boating and everyday waterfront living. Designed for easy indoor-outdoor living, the three-bedroom, two-bath home opens seamlessly to a private backyard retreat where a heated pool, fire pit and spacious screened lanai invite long afternoons in the Florida sunshine and evenings spent under the palms. The broad canal views create an unexpected sense of space, offering peaceful water vistas without feeling confined by neighboring homes. Whether entertaining friends or enjoying a quiet morning overlooking the water, every space feels relaxed, comfortable and unmistakably coastal. Inside, tray ceilings, plantation shutters and an abundance of natural light create a warm, welcoming atmosphere. The thoughtfully updated kitchen features solid maple cabinetry, granite countertops, premium appliances, abundant storage and a convenient pass-through window for effortless entertaining. The spacious primary suite overlooks the pool and canal, complete with a generous walk-in closet and an updated ensuite bath with dual vanities, soaking tub and separate shower. A split-bedroom floor plan offers privacy for owners and guests alike. Boaters will appreciate the Trex dock, expanded waterside paver patio, 10,000-pound lift, fish cleaning station and protected canal setting, while the fully fenced yard, hurricane shutters, oversized laundry room, paver driveway and two-car garage add everyday convenience. The home remained dry during the 2024 storms, offering valuable peace of mind. Perhaps what makes this property so special isn't simply its long list of amenities, but the life it invites. It's the kind of home where grandchildren cannonball into the pool, dogs race across the backyard, friends linger around the fire pit long after sunset, and an evening boat ride becomes part of the daily routine. For those ready to trade elevators and HOA hallways for a private dock, a backyard made for gathering and a different sense of home, this is a rare opportunity. Just minutes from our famous Siesta Beach, the lively Siesta Key Village and the vibrancy downtown Sarasota, it offers waterfront living that feels both peaceful and connected.
Full Property Details
Full Property Details for 565 Commonwealth Pl
General
- Price: $1,895,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $14,976 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4698496
- Updated: 7/14/2026
- Added to Site: 49 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Tile, Travertine
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground
- Spa: Yes
- Spa Description: Above Ground, Heated
Exterior
- Exterior Features: Fire Pit, Garden, Hurricane Shutters, Irrigation System, Outdoor Grill, Private Yard, Rain Gutters, Sliding Doors
- Deck/Patio: Covered, Deck, Front Porch, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Front Porch, Rear Porch, 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: SIESTAS BAYSIDE WATERSIDE EAST REP LTS 18 & 19
- Driving Directions: From the Stickney Point Bridge to Siesta Key, turn right onto Midnight Pass Road, follow Midnight Pass, turn right at traffic light. Turn left onto Commonwealth Dr then right onto Commonwealth Pl. Go to cul-de-sac, property is on the right.
- Direction Faces: Southwest
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Association: Yes
- Assoc. Fees Include: Common Area Taxes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Florida, Ranch
- Architectural Style: Florida, Ranch
- Exterior Const.: Block, Stucco
- Roof: Tile
- Stories/Levels: One
- Square Feet: 1,849
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Property View: Water
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,783
- Lot Size: 9783
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $14,976
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 19 SIESTAS BAYSIDE WATERSIDE EAST REPLAT OF LOTS 18 & 19
- Flood Zone Info: AE
- APN: 79150036
- Property ID: 79150036
Listed by Michael Saunders & Company
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Schools
Schools serving 565 Commonwealth Pl
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.8 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 | 3.3 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 565 Commonwealth Pl
Date
Details
Price
Change
Source
7/06/2026
Listed
$1,895,000
13.64%
MLS
12/10/2024
Sold
$1,667,500
—
Public Record
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
Tax History for 565 Commonwealth Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,600
-13%
$1,292,200
-13%
2024
$17,869
3%
$1,492,700
4%
2023
$17,335
40%
$1,442,200
48%
2021
$12,389
-16%
$975,100
-26%
2022
$14,724
19%
$1,322,400
75%
2021
$12,389
24%
$753,700
1%
2019
$10,026
5%
$748,990
10%
2018
$9,514
15%
$680,900
10%
2017
$8,271
-2%
$619,000
—
2016
$8,412
-3%
$616,800
-1%
2015
$8,711
6%
$623,200
8%
2014
$8,205
9%
$574,750
10%
2013
$7,516
—
$522,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 565 Commonwealth Pl
565 Commonwealth Place, Sarasota, FL 34242 (MLS# A4698496) is a Single Family property with 3 bedrooms and 2 full bathrooms. 565 Commonwealth Place is currently listed for $1,895,000 and was received on July 06, 2026. Want to learn more about 565 Commonwealth Place? 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.

