$1,350,000
522 Commonwealth Lane
Sarasota, FL 34242
Listing updated: July 1, 2026 at 8:34 PM ET
Listing courtesy of Premier Sotheby'S International Realty · Karen Whitaker · MLS #A4696439 · Active · 941-364-4000Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Rare Grand Canal redevelopment opportunity on Siesta Key, offered at land value. This estate-sale homesite delivers approximately 168 feet of water frontage, among the most generous on the Grand Canal, along one of the canal's widest, most open stretches, with long water views and exceptional ease of egress. Boaters enjoy quick passage to the Intracoastal Waterway and on to the Gulf, with the bridge just minutes away. On a peaceful cul-de-sac, the site pairs privacy with proximity, with a short bike ride to the powdery white sand of top-rated Siesta Key Beach. Build anew and capture full water views or renovate to your vision. While the primary value is the exceptional lot, according to the seller, water has not intruded the interior of the existing home. Sold at land value, buyer to perform all due diligence. Opportunities of this width, frontage and location on the Grand Canal are exceedingly rare.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history2 days on market
- Status: ActiveJun 29, 2026
- Listed$1,350,000Jun 29, 2026
- Price increased$1,350,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 2
- Subdivision
- Siestas Bayside Waterside East
- County
- Sarasota
- Year built
- 1979
- Living area
- 1,990 sq ft
- Price/sq ft
- $678
- Building area
- 3,028 sq ft (Public Records)
- Lot size
- 11,558 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0141G)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $5,889 (2025)
- Parcel #
- 0081030021
- Zoning
- RSF2
- MLS #
- A4696439
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Ceramic Tile
- Appliances
- None
- Interior features
- Primary Bedroom Main Floor
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- Northeast
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Ground Level
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- County Restrictions
Exterior & Construction
- Exterior features
- Sidewalk
- Construction materials
- Stucco
- Roof
- Tile
- Foundation
- Block
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Canal/Lake For Irrigation
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Dining Room | First | 8x9 |
| Kitchen | First | 10x11 |
| Laundry | First | 9x7 |
| Living Room | First | 8x10 |
| Primary Bedroom | First | 16x21 |
| Primary Bathroom | First | 7x12 |
| Bedroom 2 | First | 14x13 |
| Bonus Room | First | 12x24 |
| Bedroom 3 | First | 15x16 |
| Dinette | First | 8x9 |
Listing Details
- Listing date
- 2026-06-06
- On market date
- 2026-06-29
- Original list price
- $1,350,000
- Occupant type
- Vacant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-29
- Tax legal description
- LOT 35 SIESTAS BAYSIDE WATERSIDE EAST
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
On Siesta Key take Midnight Pass Road south to Commonwealth Drive. West on Commonwealth drive to Commonwealth Lane. North or right to the home at the end of the cul-de-sac.
More homes like this
$975,000
630 Venice Ln
Sarasota, FL 34242
4 bd · 2 ba · 1,859 sqft
Siestas Bayside Waterside East
MLS ID #A4669940, MICHAEL SAUNDERS & COMPANY.
Listing provided by Stellar MLS
$1,050,000
611 Venice Ln
Sarasota, FL 34242
3 bd · 2 ba · 2,168 sqft
Siestas Bayside Waterside East
MLS ID #A4686684, MICHAEL SAUNDERS & COMPANY.
Listing provided by Stellar MLS
$2,200,000
589 Commonwealth Ln
Sarasota, FL 34242
4 bd · 2 ba · 2,073 sqft
Siestas Bayside Waterside East
MLS ID #R4910990, PREMIER PLUS REALTY.
Listing provided by Stellar MLS
$4,485,000
558 Venice Ln
Sarasota, FL 34242
5 bd · 5 ba · 4,132 sqft
Siestas Bayside Waterside East
MLS ID #A4689132, COMPASS FLORIDA LLC.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 1, 2026 at 8:34 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA