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.
Lot/land
$875,000
5019 Commonwealth Dr #33, Sarasota, FL 34242
--beds
0baths
0.26Acres
Unimproved Land
Built in ----
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful community-focused settingIdeal backdropLush mature landscaping
- 46 days
- on Zillow |
- 55 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 12, 2025 at 02:40am
Listing Provided by:
Dawn Bear 941-468-7224,
WILLIAM RAVEIS REAL ESTATE 941-867-3901
Source: Stellar MLS,MLS#: A4648656
Originating MLS: Sarasota - Manatee

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 0.26 Acres
- Dimensions: 60 x 134 x 60 x 138
- Residential vegetation: Mature Landscaping, Trees
Details
- Parcel number: 0081100023
- Zoning: RSF2
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Public, Sewer Connected, Water Available
Community & HOA
Community
- Subdivision: SIESTA BEACH
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Annual tax amount: $9,513
- Date on market: 4/12/2025
- Listing terms: Cash,Other
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
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