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5019 Commonwealth Drive

SARASOTA, FL 34242

4 beds
5 baths
2,735 sqft
11,330 sqft lot
$933 per sqft
1955 build
– on site

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 courtesy of STELLAR_MLS / WILLIAM RAVEIS REAL ESTATE

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# A4630299 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1955
New Construction:

true
Builder Model:

OCEANA ELEVATION
Builder Name:

YODER HOMES
Architectural Style:

Coastal
Construction Materials:

Concrete
Levels:

One
Stories Total:

1
Roof:

Metal
Foundation Details:

Slab
Patio And Porch Features:

Covered
Security Features:

Fire Alarm
Building Area Total:

5629
Building Area Units:

Square Feet
Building Area Source:

Builder

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Engineered Hardwood
Fireplace:

false

Room Dimensions

Living Area:

2735
Living Area Units:

Square Feet
Living Area Source:

Builder

Location

Directions:

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.
Latitude:

27.279336
Longitude:

-82.552354
Coordinates:

-82.552354, 27.279336

The Property

Parcel Number:

0081100023
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Pre-Construction
Lot Features:

Flood Insurance Required
Lot Size Acres:

0.26
Lot Size Area:

11330
Lot Size SqFt:

11330
Lot Size Dimensions:

50 x 135
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF2
Direction Faces:

East
View:

Garden
View:

true
Exterior Features:

Irrigation System
Vegetation:

Mature Landscaping
Water Source:

None
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

33
Tax Block:

21
Tax Legal Description:

NWLY 2 FT OF LOT 33 ALL OF LOT 32 & THAT PART OF LOT 31 DESC AS BEG AT SWLY COR OF LOT 31 FOR POB TH N-51-20-50-E 136.05 FT TO SELY COR OF LOT 31 TH N-41-55-09-W 23 FT TO A POINT ON NELY BDRY OF LOT
Tax Book Number:

1037-423
Tax Annual Amount:

$3,714.87

Beds

Bedrooms Total:

4

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Electric Dryer Hookup

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Sarasota High

The Community

Subdivision Name:

SIESTA BEACH
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

true
Covered Spaces:

2

Monthly cost estimate

Asking price

$2,554,250

Expense	Monthly cost
Mortgage	$13,677
Taxes	$309
Insurance	$702
Utilities	$203 See report
Total	$14,891/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/10/25 Apr 10, 2025	Price Changed	STELLAR_MLS	$2,554,250	155.4%
11/24/24 Nov 24, 2024	Listed / Active	STELLAR_MLS	$1,000,000
8/8/23 Aug 8, 2023		STELLAR_MLS	$1,000,000	0.5%

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This house located in Siesta Beach, Siesta Key, FL 34242 is currently for sale for $2,554,250. 5019 Commonwealth Drive is a 2,735 square foot house with 4 beds and 5 baths that has been on Estately for 173 days. 5019 Commonwealth Drive is in the Siesta Beach neighborhood of Siesta Key and has a WalkScore® of 3, making it car-dependent. This house is in the attendance area of Phillippi Shores Elementary School, Sarasota High School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and WILLIAM RAVEIS REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.