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Sold · Single Family

5024 COMMONWEALTH DRIVE

SARASOTA, FL 34242

Beds
3 beds
Baths
4 baths
Area
2,468 sqft
Single FamilyBuilt 20039,849 sqft lot2-car garageCentral, ElectricCentral AirPoolFireplace$932/sqft479 days on market

About this home

Nestled in the quaint neighborhood along the Grand Canal on Siesta Key, this Key West style home offers the perfect blend of old-world charm and modern living. This well-appointed custom-built home has a spectacular open floor plan. The home's grand entrance welcomes you through a covered porch that leads to an oversized foyer. An abundance of natural light, beautiful canal views, soaring ceilings and gleaming hardwood floors create a bright and airy atmosphere throughout. You will then be charmed by the library with a sliding ladder, wood burning fireplace, walnut wood flooring, and cedar beams in the living room, all combined with modern style furniture. The open living area includes a kitchen, with cherry wood cabinets, and an Iron Elmira stove surrounded by Chicago brick, gorgeous dining room and a breakfast nook. Floor to ceiling windows and sliding doors seamlessly connect the grand living area to the outside covered deck, perfect for entertaining. The beautiful primary suite with canal views is on the main level and two generously sized bedrooms with their en-suite bathrooms are located on the upper level. A “basement room” between the two garages offers a huge amount of storage with built-in closets and cabinets. If interested to create an additional room/Office, a plan and design is available upon request.The house was not affected by any wind or flood damage thanks to its solid concrete block construction and 11ft elevation of living space. Some water intrusion on garage level, but did not cause any damage to building, or cabinets in storage area between the garages. The fenced-in backyard features a 35ft screened heated pool with a waterfall and Chicago brick deck. The 60ft IPE hardwood boat dock with a tropical over-the-water gazebo is equipped with a 10,000lb boat lift and offers plenty of space for all your outdoor toys. Boating just one mile through the deep-water canal brings you to the Intercoastal Waterway which leads right out into the open Gulf. In a market where quality counts more than ever, this home offers a rare blend of location, craftsmanship, and timeless appeal. Welcome home to Siesta Key - island living, breath-taking sunsets, boating and award-winning beaches, all at your doorstep.

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,468 sqft
Heating
Central, Electric
Cooling
Central Air
Flooring
Tile, Wood
Fireplace
Yes
Features
Cathedral Ceiling(s), Ceiling Fans(s), Chair Rail, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen…
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave…

Exterior & lot

Lot size
9,849 sqft (0.23 ac)
Pool
Yes
Waterfront
Yes
Roof
Metal
Construction
Block
Exterior
French Doors, Lighting, Sliding Doors

Parking

Garage
2 spaces

Financial

Annual tax
$19,159 (2024)
Price / sqft
$932/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Public, Water Connected

Property

Property type
Single Family
Year built
2003
Subdivision
SIESTA BEACH
County
Sarasota

Assigned schools

Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

Listing

Status
Sold
Days on market
320 days
MLS #
MFR757129220
Source
Stellar MLS

Listed by Gabi Charity · CHARITY & WEISS INTERNATIONAL LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$2.16M
−6.3% vs asking
$2.02M low$2.29M high

Based on 30 comparable sales within 2 miles of SARASOTA, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$13,427/mo
Principal & interest
$11,630/mo
Property tax
$1,597/mo
Home insurance
$200/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
May 28, 2026Price reduced$2,300,000−$500,000
May 28, 2026Sold$2,300,000
Apr 25, 2025Listed$2,800,000

NeighbourhoodSample data

Reference scores for SARASOTA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
82/ 100
Very walkable
Transit Score
28/ 100
Some transit
Bike Score
41/ 100
Somewhat bikeable
Elementary school
Phillippi Shores Elementary
Assigned school from the MLS record
Middle school
Brookside Middle
Assigned school from the MLS record
High school
Sarasota High
Assigned school from the MLS record

Location

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