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5019 Commonwealth Drive

Sarasota, FL 34242
  • $1,000,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: A4630299
UPDATED: 58 min ago
$1,000,000
  • 2
    BEDS
  • 0.26
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,363
    SQFT
  • $734
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

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 streetit'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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-09T09:44:52.32.
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5019 Commonwealth Drive Sarasota, FL 34242

  • Price: $1,000,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 58 min ago
  • MLS #: A4630299
2
Beds
1
Baths
0
½ Baths
0.26
Acres
1,363
SQFT
$734
$/SQFT
1955
Built
Neighborhood:
Siesta Beach
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
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 streetit'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.
Exterior Features

Carport Spaces 2 Carport Yn Yes Construction Materials Wood Siding Covered Spaces 2 Direction Faces East Exterior Features Other Foundation Details Slab Lot Features ClearedLandscapedLevelOversized LotPrivate Lot Size Dimensions 50 x 135 Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof Metal View GardenTrees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Other Building Area Total 1843 Cooling Other Cooling YN Yes Fireplace Yn No Flooring Other Heating Other Heating YN Yes Interior Features Other Laundry Features Other Levels One Rooms Living Room Kitchen Primary Bedroom (No Closet) Sewer Public Sewer Stories Total 1 Water Source None

Property Features

Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash Minimum Lease 1 Month New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Single Family Residence Realtor Info As-Is Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Siesta Beach Tax Annual Amount 3714.87 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableOtherPublicSewer ConnectedStreet LightsWater Available Zoning RSF2


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of WILLIAM RAVEIS REAL ESTATE: 941-867-3901.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-09T09:44:52.32.
 
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24638 State Road 54
Lutz FL, 33599