522 COMMONWEALTH LANE

$1,350,000

$678/sq ft

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Overview

Bedroom

3

Bath

2

Year Built

1979

Garage

2

Sqft

1990

Property Type

Single Family Residence

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.

Property Details

MLS#

A4696439

Garage

2

Address

522 COMMONWEALTH

City

Sarasota

State/county

FL

Zip/Postal Code

34242

Area

Siestas Bayside Waterside East

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,889

Maint Fee

$--

Tax Year

2025

None

Water

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Boris Gelfand