Price Reduced 10.71%

$2,500,000 ($1,012.97 per sqft)

Est. Mortgage $11,671/mo *

Quick Pre-Approval

Price History

$2,800,000
4/28/2025

$2,500,000
10/13/2025


5024 COMMONWEALTH DRIVE, Siesta Key, FL, 34242

5024 COMMONWEALTH DRIVE, Siesta Key, FL, 34242

9 rooms

3 beds

3 Full / 1 Half baths

2003

Key West

2,468 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside, Laundry Room

Frontage:

Canal: 60

Subdivision:

SIESTA BEACH

Garage:

2-car Driveway, Garage Door Opener

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.23

Est. Taxes:

$19,159

Construction

Block

Utilities

Electricity Connected, Public, Water Connected

View Description:

Water

Elementary School:

Phillippi Shores Elementary

Middle School:

Brookside Middle

High School:

Sarasota High

Days on Market:

300

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer

Pool:

Heated, In Ground, Screen Enclosure

Min Lease Term:

1 Month

MLS #:

A4649919


Community Info

School Info

Walk Score

Yelp


Listing courtesy of CHARITY & WEISS INTERNATIONAL LLC 941-365-0022