photo 1: 5019 COMMONWEALTH DRIVE, SARASOTA FL 34242

Courtesy of WILLIAM RAVEIS REAL ESTATE 941-468-7224

Active

5019 COMMONWEALTH DRIVE, SARASOTA FL 34242

$875,000

Price

-

Beds

-

Baths

11,330

(Lot) Sq. Ft.

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.

Listing Type

Land

Property Type

Land

Built Year

--

Levels

--

Price/Sqft

--

Lot Size Acre

0.26

Status

Active

Days on Realoq

56

Living Area

-- Sq. Ft.

Lot Size Sqft

11,330 Sq. Ft.

Location

Agent

Dawn Bear

Brokerage

WILLIAM RAVEIS REAL ESTATE

Source AOR

Sarasota

Listing ID #

A4648656

This content last updated on 06/07/2025 07:32 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Based on information submitted to the MLS GRID as of 06/07/2025 07:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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