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565 COMMONWEALTH PLACE

House Recently Sold
$1,667,500

BTC: 20.49532940

ETH: 685.64967105

Sold on: 2024-12-12
New
Waterfront
3 bds
2 ba
1,849 sqft

Overview

Welcome to this tropical waterfront gem in an idyllic location with direct access to Sarasota Bay, the Intracoastal Waterway and near world-famous Siesta Beach. This wonderful three-bedroom, two-bath island residence has wonderful curb appeal, nestled on an upscale cul-de-sac on Siesta Key and is a perfect primary or second home. The paver drive and walkway lead to a covered entry leading to the living area, which boasts a tray ceiling and separate dining room overlooking the sparkling pool and lanai. The tastefully updated island kitchen is adorned with solid maple cabinets, granite countertops, top-of-the-line appliances and a planning desk, and offers abundant storage and workspaces. The convenient pass-through window offers easy access to the outdoor entertaining area. Relax and unwind in the primary suite, a spacious bedroom overlooking the pool and waterway, offering an oversized walk-in closet and an en-suite bath with dual sinks, tub and shower. Baths have been tastefully updated, showcasing stunning granite countertops that add a touch of elegance. The split bedroom plan affords guest bedrooms privacy. Additional features include a large laundry room with storage, Bahama shutters, and elegant travertine and tile floors throughout. Step outside into your own private oasis, featuring a screened lanai with charming pavers, a heated pool for year-round relaxation and enjoyment, and a built-in entertainment bar for gatherings with family and friends. Delight leisurely by poolside, gather around the inviting fire pit and luxuriate in the bubbling hot tub. Embrace the essence of coastal living in this impeccably landscaped home, offering remarkable canal access for fishing, kayaking or paddleboarding right from your dock. Boasting a convenient 10,000-pound lift, eagerly awaiting your watercraft for endless adventures on the water, 133-foot recapped seawall, and Trex dock further elevate the appeal of this exceptional waterfront property. The home offers peace of mind with hurricane shutters for added protection during inclement weather, a fenced yard, a paver driveway and a two-car garage. As a bonus, the shops and restaurants of charming Siesta Key Village are just minutes away, while the renowned #1 beach in the U.S. awaits your exploration. Just 15 minutes to downtown Sarasota’s vibrant galleries, museums, theatres, shopping and dining.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
1973
Lot:
0.22 Acres
Heating:
Central / Electric
Price/sqft:
$917
Cooling:
Central Air
HOA:
$500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$491K – $1.1M
Confidence Low
List vs. estimate
$1.1M above estimate
List $1,695,000 · +183.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$916
+186.6% vs. city median $319
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,335
2023
HOA
$500/yr
Common Area Taxes
Pool
Gunite
View
Garden, Pool
Waterfront
Canal - Saltwater
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Travertine

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Garden / Hurricane Shutters / Irrigation System / Rain Gutters / Sliding Doors / Sprinkler Metered

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 0079150036

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Sprinkler Meter

    • Water Connected

  • Other financial information

    • HOA: $500

    • HOA Frequency: Annually

    • Annual tax amount: $17,335

  • Source details

    • MLS ID: A4615737

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Cul-De-Sac / FloodZone / In County

    • Patio And Porch Features: Covered / Deck / Front Porch / Patio / Rear Porch / Screened

    • Pool Features: Gunite / Heated / In Ground / Screen Enclosure

    • Window Features: Shutters

    • Direction Faces: Southwest

    • Architectural Style: Custom / Florida / Ranch

    • Waterfront: Yes

    • Water Body Name: GRAND CANAL

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1849

    • Water Source: Public

    • Subdivision Name: SIESTAS BAYSIDE WATERSIDE EAST REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBYS INTL REALTY