Listing provided courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTYas Distributed by MLSGrid- MLS# MFRA4696439
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Request Info522 COMMONWEALTH LANESARASOTA, FL 34242
Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,990 Sq. ft. | 0.27 Acres$1,350,000
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522 COMMONWEALTH LANE Overview
- Time on Site:
- 17 hours
- Visits:
- 0
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.
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522 COMMONWEALTH LANE Facts & Features
- Type Single Family
- Sq. ft. 1,990
- Price/Sq.ft. $678
- Lot 0.27 Acres
Details
General
Association/HOA
- Association: No
Building Information
- New Construction: No
- Year Built: 1979
Location/Region
- Country: US
- County Or Parish: Sarasota
- MLS Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision Name: SIESTAS BAYSIDE WATERSIDE EAST
- Township: 37
Tax Information
- Tax Annual Amount: 5889
- Tax Year: 2025
General Information
- Furnished: Unfurnished
- Listing Terms: Cash,Conventional
- Ownership: Fee Simple
- Parcel Number: 0081030021
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
- Zoning: RSF2
Interior
Parking Information
- Garage Spaces: 2
- Garage: Yes
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 1
- Bathrooms Total: 3
- Bedrooms Total: 3
Building Interior
- Building Area Source: Public Records
- Building Area Total: 3028
- Building Area Units: Square Feet
General Information
- Appliances: None
- Cooling: Central Air
- Fireplace: No
- Flooring: Ceramic Tile
- Foundation Details: Block
- Heating: Electric
- Interior Features: Primary Bedroom Main Floor
- Laundry Features: Laundry Room
- Levels: One
- Living Area: 1990
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Spa: No
Exterior
Parking Information
- Parking Features: Driveway,Ground Level
Lot Information
- Additional Parcels: No
- Lot Features: Cul-De-Sac
- Lot Size Acres: 0.27
- Lot Size Square Feet: 11558
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
- Vegetation: Mature Landscaping
- Water Source: Canal/Lake For Irrigation
Waterfront/View
- View: Water
- Water Body Name: GRAND CANAL
- Waterfront Features: Canal - Brackish,Canal Front
- Waterfront: Yes
Building Exterior/Construction
- Architectural Style: Mediterranean
- Attached Garage: Yes
- Construction Materials: Stucco
- Direction Faces: Northeast
- Patio And Porch Features: Front Porch,Patio
- Property Attached: No
- Roof: Tile
General Information
- Carport: No
- Exterior Features: Sidewalk
- Pool Features: Gunite
- Pool Private: Yes
- Sewer: Public Sewer
- Utilities: Electricity Connected
Room Information
Room: Bedroom 2
- Level: First
- Dimensions: 14x13
- Length: 13
- Width: 14
Room: Bedroom 3
- Level: First
- Dimensions: 15x16
- Length: 16
- Width: 15
Room: Bonus Room
- Level: First
- Dimensions: 12x24
- Length: 24
- Width: 12
Room: Dinette
- Level: First
- Dimensions: 8x9
- Length: 9
- Width: 8
Room: Dining Room
- Level: First
- Dimensions: 8x9
- Length: 9
- Width: 8
Room: Kitchen
- Level: First
- Dimensions: 10x11
- Length: 11
- Width: 10
Room: Laundry
- Level: First
- Dimensions: 9x7
- Length: 7
- Width: 9
Room: Living Room
- Level: First
- Dimensions: 8x10
- Length: 10
- Width: 8
Room: Primary Bathroom
- Level: First
- Dimensions: 7x12
- Length: 12
- Width: 7
- Features: En Suite Bathroom
Room: Primary Bedroom
- Level: First
- Dimensions: 16x21
- Length: 21
- Width: 16
- Features: En Suite Bathroom
522 COMMONWEALTH LANE Neighborhood
Community
34242 (SARASOTA) Demographics
67
Median Age
932
Population Density (per sq. mile)
70%
College Educated
$111,653
Estimated Median Income
3,429
Estimated Total Home Owners
510
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.522 COMMONWEALTH LANE Monthly Cost
522 COMMONWEALTH LANE Market Data
Based on the last 30 days in this zip code
$2,452,170
Average List Price
$1,098
Average Price per Square Foot
43
Properties Sold
167
Average Days on Market
407
Properties for Sale
522 COMMONWEALTH LANE History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: My Florida Regional MLS | June 29, 2026 |