ActiveMLS# MFR741680955678 days on market
$600,000
$437 / sq ft
5019 COMMONWEALTH DR
SARASOTA, FL, 34242
2Bedrooms
1Bathrooms
1,373Sq Ft
1955Year Built
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About This Property

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 Features

  • Built in 1955

Property Details

  • Type: Single Family Home
  • Year Built: 1955
  • Lot Size: 0 sq ft
  • Sq Ft: 1,373
  • Price / Sq Ft: $437
  • HOA: Contact Agent
  • Bedrooms: 2
  • Bathrooms: 1
  • Feature: Built in 1955
  • Status: Active
  • MLS Number: MFR741680955
  • Days on Market: 678
  • Listed By: MLS Listing
  • Zip Code: 34242
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$600,0005019 COMMONWEALTH DR, SARASOTA, FL
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