COMMONWEALTH In 5019 COMMONWEALTH DRIVE, SARASOTA, Florida

5019 COMMONWEALTH DRIVE, SARASOTA, Florida

2 Bedrooms
1 Bathrooms
1,363 Sqft
$1,000,000
Listing ID #MFRA4630299
Agent info
Susan Repp
Property Description

Welcome to Commonwealth Drive, a rare opportunity to own a slice of paradise on Siesta Key. Prime opportunity for new construction on this property, offering a blank canvas to build your dream home. This .26-acre lot is perfectly situated on one of the island’s most coveted streets, known for its lush, mature landscaping, serene ambiance, and close proximity to everything that makes Siesta Key so special. Commonwealth Drive is lined with stunning multi-million-dollar homes, both waterfront and inland, offering a tranquil charm that feels both exclusive and inviting. While this particular lot is not waterfront, its location amidst these beautiful properties makes it an exceptional find. The property currently features a majestic cottage full of character and charm. However, recent hurricane flooding has left the home ready for redevelopment, creating the perfect opportunity to design your dream home. Whether you envision a modern coastal retreat or a timeless estate that reflects the beauty of the surroundings, this lot provides a rare blank canvas to bring your vision to life in one of Sarasota’s most desirable neighborhoods. This property offers unparalleled access to Siesta Key’s most beloved features. Just minutes away, Siesta Key Beach awaits with its powdery white sands and turquoise waters, consistently ranked among the best beaches in the world. Here, you can enjoy tranquil days under the sun, paddle through calm waters, or savor breathtaking sunsets. A short bike ride or drive takes you to Siesta Key Village, a vibrant hub filled with boutique shops, charming cafes, and waterfront dining. The relaxed island vibe makes every visit to the village a memorable experience, with options to suit all tastes. Commonwealth Drive is more than just a street—it’s a lifestyle. The quiet, tree-lined neighborhood is known for its peaceful atmosphere and friendly neighbors, fostering a true sense of community. The mature landscaping, with its towering oaks and tropical foliage, creates a serene environment perfect for morning walks or peaceful evenings on your future lanai. This tranquil setting feels like a world away from the hustle and bustle, yet it’s conveniently located near the island’s key attractions. Land on Siesta Key is extremely limited, making this property a rare and exciting opportunity. Whether you’re looking to build a forever home, a vacation retreat, or an investment property, this lot provides endless possibilities to create something truly special. Commonwealth Drive is the epitome of Siesta Key living, combining quiet luxury with unmatched convenience. Opportunities like this don’t come often, especially in a location as desirable as this. This property invites you to embrace the charm, beauty, and serenity of Siesta Key while creating a legacy on one of the island’s most coveted streets. Don’t miss your chance to build your dream home in a neighborhood that embodies tropical elegance, friendly neighbors, and proximity to world-class beaches. Contact us today to learn more about this extraordinary property and start planning your future in paradise.

Features
Other
Other
Trees/woods, Garden
Metal
Other
2
Other
Other
Other
Other
Landscaped, Oversized Lot, Level, Paved, Private, Cleared
RSF2
Address Map
US
FL
Sarasota
SARASOTA
SIESTA BEACH
SIESTA BEACH
COMMONWEALTH
5019
DRIVE
0
W83° 26' 51.5''
N27° 16' 45.6''
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. Be patient with our active clean-up process after the recent storms.
34242 - Sarasota/Crescent Beach/Siesta Key
MLS Addon
WILLIAM RAVEIS REAL ESTATE
Dawn Bear
$0
Wood Siding
11
East
Phillippi Shores Elementary
Slab
Sarasota High
One
MFR281526622
MFR281540555
Brookside Middle
Active
0081100023
Public Sewer
1
$3,715
2023
Public, Sewer Connected, Cable Available, Street Lights, Electricity Available, Water Available, Other, Natural Gas Available