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Property for sale at 5024 COMMONWEALTH DRIVE, SARASOTA, FL, 34242

5024 Commonwealth DriveSarasota, FL, 34242

3beds
4baths
2,468sqft
Single Family Residence
Built in 2003
$1,954,700
Sold
Price per sqft
$792
Sold on
May 28, 2026
MLS #A4649919Updated May 28, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
5024 Commonwealth Drive
City
Sarasota
State
FL
ZIP code
34242
Year built
2003
New construction
No
Faces
East
Rooms
9
Living area
2,468 sqft
Total building area
5,350 sqft
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 12:45 AM EST

Price & sale history

EventPrice
SoldMLS #A4649919$1,954,700
Price reducedMLS #A4649919$2,300,000Change: −17.9%−$500,000
Listed for saleMLS #A4649919$2,800,000
SoldMLS #A345363$1,021,000
History may be incomplete.
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Location

Property for sale at 5024 COMMONWEALTH DRIVE, SARASOTA, FL, 34242
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