About 5019 Commonwealth Drive
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.
Features of 5019 Commonwealth Drive
| MLS® # | A4648656 |
|---|---|
| Price | $875,000 |
| Acres | 0.26 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Listing Details
| Office | WILLIAM RAVEIS REAL ESTATE |
|---|
Listing Map
Neighborhood Information for 5019 Commonwealth Drive
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Out-Of-Door Academy Private - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Sarasota Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Ese Special Programs Public - Preschool to 12Th Grade |
1 Miles | |
|
Phillippi Shores Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Waldorf Sarasota Private - Preschool to 5Th Grade |
2 Miles | |
|
|
Saltmeadow School Private - to |
2 Miles | |
|
|
Riverview High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles |
School data provided by GreatSchools