PENDING
$400K PRICE DROP
5019 Commonwealth Dr Sarasota, FL 34242
Estimated payment $3,752/month
Total Views
358,249
2
Beds
1
Bath
1,373
Sq Ft
$437
Price per Sq Ft
Highlights
- View of Trees or Woods
- Private Lot
- Great Room
- Phillippi Shores Elementary School Rated A
- Engineered Wood Flooring
- Stone Countertops
About This Home
Under contract-accepting backup offers. 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.
Listing Agent
WILLIAM RAVEIS - FLORIDA LLC Brokerage Phone: 941-894-1255 License #3355163 Listed on: 11/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,363
Year Built
- Built in 1955
Lot Details
- 11,330 Sq Ft Lot
- Lot Dimensions are 50x135
- East Facing Home
- Mature Landscaping
- Private Lot
- Oversized Lot
- Level Lot
- Irrigation Equipment
- Property is zoned RSF2
Parking
- Carport
Property Views
- Woods
- Garden
Home Design
- Cottage
- Slab Foundation
- Frame Construction
- Tile Roof
- Metal Roof
Interior Spaces
- 1,373 Sq Ft Home
- 1-Story Property
- Tray Ceiling
- Window Treatments
- Sliding Doors
- Entrance Foyer
- Great Room
- Family Room Off Kitchen
Kitchen
- Dinette
- Built-In Oven
- Recirculated Exhaust Fan
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Brick
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
- Private Mailbox
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Built by YODER HOMES
- Siesta Beach Subdivision, Oceana Elevation Floorplan
- Siesta Beach Community
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 33 / 21
- Assessor Parcel Number 0081100023
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,628 | $563,400 | $550,300 | $13,100 |
| 2024 | $3,715 | $816,500 | $668,800 | $147,700 |
| 2023 | $3,715 | $319,937 | $0 | $0 |
| 2022 | $3,656 | $310,618 | $0 | $0 |
| 2021 | $3,674 | $301,571 | $0 | $0 |
| 2020 | $3,682 | $297,407 | $0 | $0 |
| 2019 | $3,553 | $290,720 | $0 | $0 |
| 2018 | $3,466 | $285,299 | $0 | $0 |
| 2017 | $3,449 | $279,431 | $0 | $0 |
| 2016 | $3,445 | $360,400 | $236,600 | $123,800 |
| 2015 | $3,507 | $381,200 | $278,100 | $103,100 |
| 2014 | $3,493 | $265,640 | $0 | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | Pending | -- | -- | -- | |
| 05/22/2026 05/22/26 | Price Changed | $600,000 | -5.5% | $437 / Sq Ft | |
| 04/28/2026 04/28/26 | Price Changed | $635,000 | -5.9% | $462 / Sq Ft | |
| 03/10/2026 03/10/26 | Price Changed | $675,000 | -73.6% | $492 / Sq Ft | |
| 02/19/2026 02/19/26 | For Sale | $2,554,250 | 0.0% | $1,860 / Sq Ft | |
| 01/31/2026 01/31/26 | Off Market | $2,554,250 | -- | -- | |
| 01/01/2026 01/01/26 | For Sale | $2,554,250 | 0.0% | $1,860 / Sq Ft | |
| 12/15/2025 12/15/25 | Off Market | $2,554,250 | -- | -- | |
| 04/11/2025 04/11/25 | Price Changed | $2,554,250 | +155.4% | $1,860 / Sq Ft | |
| 11/24/2024 11/24/24 | For Sale | $1,000,000 | 0.0% | $728 / Sq Ft | |
| 08/08/2023 08/08/23 | Sold | $1,000,000 | +0.5% | $734 / Sq Ft | View Prior Sale |
| 06/28/2023 06/28/23 | Pending | -- | -- | -- | |
| 06/26/2023 06/26/23 | For Sale | $995,000 | -- | $730 / Sq Ft |
Source: Stellar MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Listed On Document | |
| Warranty Deed | $382,500 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | Land Title Guarantee Co | |
| Warranty Deed | $188,000 | -- | |
| Warranty Deed | $188,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $152,945 | No Value Available |
Source: Public Records
About the Listing Agent
Looking for a dedicated, hardworking, and down-to-earth local Realtor who will be committed to helping you 24/7? Look no further. I'm Dawn Bear, your go-to friendly real estate professional in Sarasota, Manatee, and Charlotte counties. With over $85M in successful closings, I am here to guide you through one of the biggest investments of your life with expertise, commitment, and honesty.
I've been a full-time resident of Sarasota County since 1988 and have been actively working on
Dawn's Other Listings
Source: Stellar MLS
MLS Number: A4630299
APN: 0081-10-0023
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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