Residential Property - Single Family Residence in Sarasota
Description of Property
Welcome to Commonwealth Drive, a rare opportunity to own a slice of paradise on Siesta Key. Prime opportunity for new construction on this property, offering a blank canvas to build your dream home. This .26-acre lot is perfectly situated on one of the island’s most coveted streets, known for its lush, mature landscaping, serene ambiance, and close proximity to everything that makes Siesta Key so special. Commonwealth Drive is lined with stunning multi-million-dollar homes, both waterfront and inland, offering a tranquil charm that feels both exclusive and inviting. While this particular lot is not waterfront, its location amidst these beautiful properties makes it an exceptional find. The property currently features a majestic cottage full of character and charm. However, recent hurricane flooding has left the home ready for redevelopment, creating the perfect opportunity to design your dream home. Whether you envision a modern coastal retreat or a timeless estate that reflects the beauty of the surroundings, this lot provides a rare blank canvas to bring your vision to life in one of Sarasota’s most desirable neighborhoods. This property offers unparalleled access to Siesta Key’s most beloved features. Just minutes away, Siesta Key Beach awaits with its powdery white sands and turquoise waters, consistently ranked among the best beaches in the world. Here, you can enjoy tranquil days under the sun, paddle through calm waters, or savor breathtaking sunsets. A short bike ride or drive takes you to Siesta Key Village, a vibrant hub filled with boutique shops, charming cafes, and waterfront dining. The relaxed island vibe makes every visit to the village a memorable experience, with options to suit all tastes. Commonwealth Drive is more than just a street—it’s a lifestyle. The quiet, tree-lined neighborhood is known for its peaceful atmosphere and friendly neighbors, fostering a true sense of community. The mature landscaping, with its towering oaks and tropical foliage, creates a serene environment perfect for morning walks or peaceful evenings on your future lanai. This tranquil setting feels like a world away from the hustle and bustle, yet it’s conveniently located near the island’s key attractions. Land on Siesta Key is extremely limited, making this property a rare and exciting opportunity. Whether you’re looking to build a forever home, a vacation retreat, or an investment property, this lot provides endless possibilities to create something truly special. Commonwealth Drive is the epitome of Siesta Key living, combining quiet luxury with unmatched convenience. Opportunities like this don’t come often, especially in a location as desirable as this. This property invites you to embrace the charm, beauty, and serenity of Siesta Key while creating a legacy on one of the island’s most coveted streets. Don’t miss your chance to build your dream home in a neighborhood that embodies tropical elegance, friendly neighbors, and proximity to world-class beaches. Contact us today to learn more about this extraordinary property and start planning your future in paradise.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Siesta Beach
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Other
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Other
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Siding
Foundation: Slab
Roof: Metal
Exterior Features: Other
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Other
Heating & Fuel: Other
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Garden, Trees/Woods
Fencing:
Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- Other
- Public
- Sewer Connected
- Street Lights
- Water Available
Sewer: Public Sewer
Water Source: None
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Cleared
- Landscaped
- Level
- Oversized Lot
- Private
Lot Dimensions: 50 x 135
Road Frontage: Street Paved
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 0081100023
Zoning: RSF2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: 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
Section: 12
Range: 17E
Listing courtesy of WILLIAM RAVEIS REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.