$1,350,000

522 COMMONWEALTH LN, Sarasota, FL 34242

Active
3
Beds
3
Baths
1,990
Sq Ft
$678
Per Sq Ft
1979
Built
0
Days Listed

About This Property

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. Tucked on a peaceful cul-de-sac, the site pairs privacy with proximity: 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, per 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.

Property Details

TypeSingle Family Residence
Garage2 spaces
Lot0.27 ac
PoolYes
WaterfrontYes
SubdivisionSIESTAS BAYSIDE WATERSIDE EAST
HOANo
Tax/yr$5,889
HeatingElectric
CoolingCentral Air
FlooringCeramic Tile
RoofTile

Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY · MLS# A4696439

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-29.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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