NEW CONSTRUCTION
$2M PRICE INCREASE
5019 Commonwealth Dr Sarasota, FL 34242
Estimated payment $14,444/month
Total Views
94,775
4
Beds
4.5
Baths
2,735
Sq Ft
$934
Price per Sq Ft
Highlights
- Newly Remodeled
- View of Trees or Woods
- Coastal Architecture
- Phillippi Shores Elementary School Rated A
- Open Floorplan
- Private Lot
About This Home
Pre-Construction. To be built. An exceptional pre-construction opportunity awaits on Commonwealth Drive, one of Siesta Key’s most coveted and picturesque streets. This .26-acre lot, surrounded by multi-million-dollar homes and lush, mature landscaping, is being offered with thoughtfully crafted custom home plans by Yoder Construction—giving buyers a rare chance to build new in a prime island location. The existing cottage, rich in character, was impacted by recent hurricane flooding and holds no contributory value, creating a true blank canvas for your vision. The included plans feature The Oceana, a 2,735 square foot elevated coastal retreat with four bedrooms, four and a half baths, a gourmet kitchen with Thermador appliances and quartz countertops, engineered wood or tile flooring, solid-core 8’ doors, Kohler fixtures, hurricane-rated windows and doors, a reinforced garage, and energy-efficient design—all meeting or exceeding current Florida building codes. Commonwealth Drive is known for its tranquility, towering oaks, and warm sense of community, offering a lifestyle that blends privacy and prestige. Just minutes away, you’ll find Siesta Key Beach with its world-renowned white sands and turquoise waters, along with Siesta Key Village’s vibrant boutiques, cafés, and waterfront dining. Whether you’re planning a private retreat, a forever home, or an investment, this pre-build offering is a rare chance to create something truly special in a location where land is limited and the lifestyle is unmatched. Contact us today to learn more or request the full floor plan of The Oceana and schedule an appointment to meet at the design center. This future build has been exclusively designed as part of an ISLAND SERIES for sustainable and long term living on Siesta Key built to withstand the island's unique weather conditions while embracing the coastal lifestyle.
Listing Agent
WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3355163 Listed on: 11/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,715
Year Built
- Built in 1955 | Newly Remodeled
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 50x135
- East Facing Home
- Mature Landscaping
- Private Lot
- Oversized Lot
- Level Lot
- Irrigation
- Property is zoned RSF2
Parking
- 2 Car Attached Garage
- Carport
- Secured Garage or Parking
Property Views
- Woods
- Garden
Home Design
- Home in Pre-Construction
- Home is estimated to be completed on 4/30/25
- Coastal Architecture
- Slab Foundation
- Tile Roof
- Metal Roof
- Concrete Siding
- Vinyl Siding
- Stucco
Interior Spaces
- 2,735 Sq Ft Home
- 1-Story Property
- Elevator
- Open Floorplan
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Dining Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Range with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Brick
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Pest Guard System
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
- Tankless 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
| 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 |
|---|---|---|---|---|
| 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
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2025 04/12/25 | For Sale | $875,000 | -65.7% | -- |
| 04/11/2025 04/11/25 | Price Changed | $2,554,250 | +155.4% | $934 / Sq Ft |
| 11/24/2024 11/24/24 | For Sale | $1,000,000 | 0.0% | $366 / Sq Ft |
| 08/08/2023 08/08/23 | Sold | $1,000,000 | +0.5% | $734 / Sq Ft |
| 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
| 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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $214,000 | 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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