5019 COMMONWEALTH DR, Sarasota, FL 34242 - MLS#A4630299

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Alina Pekarsky

alina@vhrfl.com +1(386) 569-5383

$1,000,000

Est. payment - /mo

2 Beds

1 Bath

1,363 SqFt

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UPDATED:

12/05/2024 05:34 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,363 sqft

Price per Sqft $733

Subdivision Siesta Beach

MLS Listing ID A4630299

Bedrooms 2

Full Baths 1

HOA Y/N No

Originating Board Stellar MLS

Year Built 1955

Annual Tax Amount $3,714

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 50x135

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.

Location

State FL

County Sarasota

Community Siesta Beach

Zoning RSF2

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Other

Fireplace false

Appliance Other

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Other, Public, Sewer Connected, Street Lights, Water Available

View Garden, Trees/Woods

Roof Type Metal

Garage false

Private Pool No

Building

Lot Description Cleared, Landscaped, Level, Oversized Lot, Private, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water None

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Listed by WILLIAM RAVEIS REAL ESTATE

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291