Properties

Property Description

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.

Features
: Central
: Central Air
: Covered, Rear Porch
: Electricity Available, Water Available, Cable Available, Public, Sewer Connected, Other, Natural Gas Available
: Public Sewer
: Inside, Electric Dryer Hookup, Washer Hookup, Other, Laundry Room
: Eat-in Kitchen, High Ceilings, Stone Counters, Thermostat, Walk-In Closet(s), Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Window Treatments, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Kitchen/Family Room Combo, Pest Guard System, Tray Ceiling(s), Other, Elevator
: Tile, Hardwood, Other
: Lighting, Sliding Doors, Storage, Rain Gutters, Other, Private Mailbox
: Coastal
Appliances
: Dishwasher, Disposal, Microwave, Range, Refrigerator, Electric Water Heater, Dryer, Washer, Exhaust Fan, Built-In Oven, Range Hood, Other, Tankless Water Heater, Ice Maker
Address Map
US
FL
Sarasota
Sarasota
SIESTA BEACH
34242
COMMONWEALTH
5019
DRIVE
W83° 26' 51.5''
N27° 16' 45.6''
RSF2
34242 - Sarasota/Crescent Beach/Siesta Key
Exit 207- Take Bee Ridge Rd west towards Siesta Key for 4 miles. Turn left onto Midnight Pass Rd. Continue over the South Bridge and turn left onto Midnight Pass Rd. Turn left ono Commonwealth Drive. The property will be on your left. Enjoy the scenic drive through Siesta Key.
East
Neighborhood
Phillippi Shores Elementary
Sarasota High
Brookside Middle
Additional Info
WILLIAM RAVEIS REAL ESTATE
Dawn Bear
$0
$0
Additional Information
50x135
: None
1
1000000
2024-11-24
: Paved, Private, Landscaped, Oversized Lot, Level, Flood Insurance Required, FloodZone
: One
2
: Slab
: Stucco, Vinyl Siding, Concrete
: Street Lights
5629
1
Financial
3714.87
Listing Information
281526622
281540555
Cash,Conventional
Active
2025-09-02T23:22:09Z
Stellar
: None
2024-11-24T22:26:43Z

5019 Commonwealth Dr, Sarasota, Florida 34242

Residential For Sale

4 Bedrooms
5 Bathrooms
2,735 Sqft
$2,554,250
Listing ID #A4630299
Basic Details
Listing Type : For Sale
Listing ID : A4630299
Price : $2,554,250
View : Garden,Trees/Woods
Bedrooms : 4
Bathrooms : 5
Half Bathrooms : 1
Square Footage : 2,735 Sqft
Year Built : 1955
Lot Size : 0.26 Acre
Full Bathrooms : 4
Listing Status : Active
New Construction Yn : 1
Property Sub Type : Single Family Residence
Roof : Tile, Metal
Agent info
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