5019 Commonwealth Drive, Siesta Key, FL 34242

$577,500
2
BD
1
BA
1,373
SqFt

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Sold Price
$577,500
List Price
$600,000
Status
SOLD
MLS#
A4630299
Closing Date
Jul 16, 2026
Bedrooms
2
Bathrooms
1
Living Area
1,373
Subdivision
Siesta Beach

Property Description

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.

Additional Information

Year Built
1955
Construction
Frame
Living Area
1,373
Acres
0.26
Interior Features
Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Cooling
Central Air
Heating
Central
Exterior Features
Lighting, Other, Private Mailbox, Rain Gutters, Sliding Doors, Storage
View
Garden, Trees/Woods
Sewer
Public Sewer
Stories
1
Pets
Yes

Listing courtesy of WILLIAM RAVEIS REAL ESTATE. Selling Office: FUTURE HOME REALTY INC.

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