522 Commonwealth Ln Sarasota, FL 34242
Siesta Key AreaEstimated payment $7,656/month
Highlights
- 336 Feet of Waterfront
- Gunite Pool
- Main Floor Primary Bedroom
- Phillippi Shores Elementary School Rated A
- Canal View
- Mediterranean Architecture
About This Home
Rare Grand Canal redevelopment opportunity on Siesta Key, offered at land value. This estate-sale homesite delivers approximately 168 feet of water frontage, among the most generous on the Grand Canal, along one of the canal's widest, most open stretches, with long water views and exceptional ease of egress. Boaters enjoy quick passage to the Intracoastal Waterway and on to the Gulf, with the bridge just minutes away. On a peaceful cul-de-sac, the site pairs privacy with proximity, with a short bike ride to the powdery white sand of top-rated Siesta Key Beach. Build anew and capture full water views or renovate to your vision. While the primary value is the exceptional lot, according to the seller, water has not intruded the interior of the existing home. Sold at land value, buyer to perform all due diligence. Opportunities of this width, frontage and location on the Grand Canal are exceedingly rare.
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3341545 Listed on: 06/29/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,889
Year Built
- Built in 1979
Lot Details
- 11,558 Sq Ft Lot
- 336 Feet of Waterfront
- 168 Feet of Brackish Canal Waterfront
- 168 Feet of Canal Waterfront
- Property fronts a canal with brackish water
- Cul-De-Sac
- Northeast Facing Home
- Mature Landscaping
- Property is zoned RSF2
Parking
- 2 Car Attached Garage
- Ground Level Parking
- Driveway
Home Design
- Mediterranean Architecture
- Block Foundation
- Tile Roof
- Stucco
Interior Spaces
- 1,990 Sq Ft Home
- Living Room
- Dining Room
- Bonus Room
- Ceramic Tile Flooring
- Canal Views
- Dinette
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
Outdoor Features
- Gunite Pool
- Access to Saltwater Canal
- Patio
- Front Porch
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- Siestas Bayside Waterside Community
- Siestas Bayside Waterside East Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 35
- Assessor Parcel Number 0081030021
Map
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 | $5,889 | $490,114 | ||
| 2024 | $5,493 | $476,301 | ||
| 2023 | $5,493 | $462,428 | $0 | $0 |
| 2022 | $5,409 | $448,959 | $0 | $0 |
| 2021 | $5,385 | $435,883 | $0 | $0 |
| 2020 | $5,405 | $429,865 | $0 | $0 |
| 2019 | $5,067 | $406,906 | $0 | $0 |
| 2018 | $4,957 | $399,319 | $0 | $0 |
| 2017 | $4,935 | $391,106 | $0 | $0 |
| 2016 | $4,955 | $836,100 | $618,200 | $217,900 |
| 2015 | $5,045 | $887,300 | $698,900 | $188,400 |
| 2014 | $5,027 | $371,803 | $0 | $0 |
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 |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Pending | -- | -- | -- |
| 06/29/2026 06/29/26 | For Sale | $1,350,000 | -- | $678 / Sq Ft |
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | -- | -- |
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 |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Open | $30,000 | Credit Line Revolving |
Source: Stellar MLS
MLS Number: A4696439
APN: 0081-03-0021
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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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Ask me questions while you tour the home.