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Active Residential

522 COMMONWEALTH LANE

Sarasota, FL 34242

STELLAR #A4696439 Updated: Jun 30, 2026, 2:38pm
$1,350,000
3 Beds • 3 Baths • 1,990 SqFt
Property
ActiveResidential
1/10
$1,350,000

522 COMMONWEALTH LANE

Sarasota, FL 34242
3
Beds
3
Baths
1,990
SqFt
0.27
Acres
STELLAR
#A4696439
Updated: Jun 30, 2026, 2:38pm

Property Description

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.
Included Appliances
None

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Bathrooms Total Decimal
2.5
Building Area Total
3028
Cooling
Central Air
Flooring
Ceramic Tile
Furnished
Unfurnished
Heating
Electric
Interior Features
Primary Bedroom Main Floor
Laundry Features
Laundry Room
Living Area
1990
Rooms Total
10
Construction
Architectural Style
Mediterranean
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Stucco
Direction Faces
Northeast
Foundation Details
Block
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Tile
Year Built
1979
Site & Exterior
Covered Spaces
2
Exterior Features
Sidewalk
Flood Zone Code
AE
Frontage Length
Canal: 168
Garage Dimensions
21x21
Garage Spaces
2
I D X Participation
Yes
Lot Features
Cul-De-Sac
Lot Size Acres
0.27
Lot Size Area
11558
Lot Size Square Feet
11558
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
DrivewayGround Level
Patio And Porch Features
Front PorchPatio
Pool Features
Gunite
Public Survey Range
17
Public Survey Section
12
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity Connected
Vegetation
Mature Landscaping
View
Water
Water Access
Yes
Water Body Name
GRAND CANAL
Water Source
Canal/Lake For Irrigation
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - BrackishCanal Front
Waterfront Feet Total
336
Zoning
RSF2
Financials
Calculated List Price By Calculated Sq Ft
678.39
Contract Status Change Date
2026-06-29
Current Price
1350000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Owner Name
HELD IN TRUST
Ownership
Fee Simple
Parcel Number
0081030021
Public Survey Township
37
Tax Annual Amount
5889
Tax Book Number
19-31
Tax Legal Description
LOT 35 SIESTAS BAYSIDE WATERSIDE EAST
Tax Lot
35
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
County Restrictions
Lease Restrictions
Yes
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
S W Subdiv Community Name
Siestas Bayside Waterside
Subdivision Name
SIESTAS BAYSIDE WATERSIDE EAST
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 2:38pm.
Karen Whitaker

Listing Agent

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Call Agent
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