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ActiveWATERFRONT
$1,595,000
HOA: NoneTaxes: $13,807/yr0d on market

Siesta Beach

4950 COMMONWEALTH DR, SARASOTA, FL, 34242

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0 Baths

Key Features

Canal FrontWater View
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🔥 Just listed — this home matches what most buyers are looking for in this area.

Waterfront & Dock
Waterfront
Canal - Saltwater
Water Frontage
107 ft
Dock
Yes
Dimensions
20x10
Description
Dock - Wood
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Updated today

Buyer Insights are informational only — always verify with your agent.

Unique opportunity to own an exceptional double-lot homesite on the Grand Canal on Siesta Key. Tucked away on a quiet cul-de-sac in one of the island’s most desirable waterfront neighborhoods, this expansive property offers 107 feet of canal frontage and seawall, creating an outstanding setting for your future Siesta Key residence. Located along a low-wake arm of the Grand Canal, the property offers quick boating access to Roberts Bay, while the calm, protected basin provides a peaceful and private setting for enjoying the very best of waterfront living. Ideally situated just minutes from world-famous Siesta Beach, the shops, dining, and energy of Siesta Key Village, and the vibrant cultural attractions of downtown Sarasota, this rare homesite combines tranquility, boating access, and exceptional convenience. Please note: The existing home on the property is permitted and scheduled for demolition in September 2026, offering a unique opportunity to create a custom waterfront residence on this exceptional double-lot homesite.

Subdivision
SIESTA BEACH
County
Sarasota
Zip Code
34242
Community
Siesta Beach

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • Public
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
Yes
Pet Restrictions
Lot Size
0.31 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$13,807
No HOA fees on this listing.
Down Payment20% — $319,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$8,065
HOA Fee
$0
Est. Property Tax
$1,151
Est. Insurance
$532
Total Est. Monthly Cost$9,747

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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