by Global Lifestyle Properties

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$1,895,000
● House - For Sale

565 COMMONWEALTH PLACE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,849 Ft²
$10,595
Est. Monthly
$42
HOA / Fees

About This Property

Tucked away on a quiet cul-de-sac in one of Siesta Key's most desirable waterfront neighborhoods, this beautifully maintained canal-front residence offers the kind of island lifestyle buyers dream about. Set on an exceptional pie-shaped homesite with 129 feet of waterfront and recapped seawall, this low-wake arm of the Grand Canal offers quick access to Roberts Bay while its calm, protected basin provides a peaceful, private setting for both boating and everyday waterfront living.
Designed for easy indoor-outdoor living, the three-bedroom, two-bath home opens seamlessly to a private backyard retreat where a heated pool, fire pit and spacious screened lanai invite long afternoons in the Florida sunshine and evenings spent under the palms. The broad canal views create an unexpected sense of space, offering peaceful water vistas without feeling confined by neighboring homes. Whether entertaining friends or enjoying a quiet morning overlooking the water, every space feels relaxed, comfortable and unmistakably coastal.
Inside, tray ceilings, plantation shutters and an abundance of natural light create a warm, welcoming atmosphere. The thoughtfully updated kitchen features solid maple cabinetry, granite countertops, premium appliances, abundant storage and a convenient pass-through window for effortless entertaining. The spacious primary suite overlooks the pool and canal, complete with a generous walk-in closet and an updated ensuite bath with dual vanities, soaking tub and separate shower. A split-bedroom floor plan offers privacy for owners and guests alike.
Boaters will appreciate the Trex dock, expanded waterside paver patio, 10,000-pound lift, fish cleaning station and protected canal setting, while the fully fenced yard, hurricane shutters, oversized laundry room, paver driveway and two-car garage add everyday convenience. The home remained dry during the 2024 storms, offering valuable peace of mind.
Perhaps what makes this property so special isn't simply its long list of amenities, but the life it invites. It's the kind of home where grandchildren cannonball into the pool, dogs race across the backyard, friends linger around the fire pit long after sunset, and an evening boat ride becomes part of the daily routine. For those ready to trade elevators and HOA hallways for a private dock, a backyard made for gathering and a different sense of home, this is a rare opportunity. Just minutes from our famous Siesta Beach, the lively Siesta Key Village and the vibrancy downtown Sarasota, it offers waterfront living that feels both peaceful and connected.
Unit Size
1,849 Ft²
Days on Market
89 days
Land Size
0.22 acres
Price per sqft
$1,025
Property Type
House
Property Taxes
$1,248
HOA Dues
$42
Year Built
1973

Listed By

Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Sophia Dudon
MICHAEL SAUNDERS & COMPANY

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Last updated: 2 months ago (Stellar MLS #A4698496)

Price History

Date / Event Date Event Price
Jun 26, 2026 Listed by MICHAEL SAUNDERS & COMPANY $1,895,000
Listed by MICHAEL SAUNDERS & COMPANY
Dec 12, 2024 Sold
Sold
Jul 1, 2024 Listed by PREMIER SOTHEBYS INTL REALTY $1,695,000
Listed by PREMIER SOTHEBYS INTL REALTY
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.
Mar 17, 2022 Sold
Sold
Oct 6, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Crown Molding, Open Floorplan, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Window Treatments
Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
Flooring Type: Tile, Travertine
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room
Rooms: 5
Exterior Details
Square Footage: 1849
Square Footage Source: $0
Architectural Style: Ranch, Florida
Year Built: 1973
Waterfront Features: Canal Access
Building Area Total: 2793
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
Pool Features: Gunite, Heated, In Ground
Pool is Private
Lot Features: Cul-De-Sac, Landscaped, FloodZone, In County
Lot Size Area: 9783
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9783
Tax Lot: 19
Water Source: Public
Financial Details
Tax Annual Amount: $14,976
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $500
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 9,783
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 1,849
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,849
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTAS BAYSIDE WATERSIDE EAST REP LTS 1
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 19 SIESTAS BAYSIDE WATERSIDE EAST REPLAT OF LOTS 18 & 19

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: W190 A055 F052
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0079150036
  • Subdivision Tract Number: 1820
  • Parcel: 0079-15-0036
  • Lot: 19
  • Meridian: SEC 01 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.284
  • Longitude: -82.5564

    Address

  • Full Address: 565 Commonwealth Pl
  • Address - House Number: 565
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C095
  • 4-Digit Zip Code: 1247
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,719
  • Tax Year: 2023
  • Tax Amount: $1,733,528
  • Tax Rate Code Area: 9201

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 93
  • Final Value: 1,723,245
  • High Value: 1,864,597
  • Low Value: 1,581,892

    Market Valuation

  • Market Total Value: $1,442,200
  • Market Land Value: $954,300
  • Market Improvement Value: $487,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,442,200
  • Assessed Land Value: $954,300
  • Assessed Improvements Value: $487,900

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45858
  • Previous Sale Recording Date: Dec 10, 2020
  • Previous Sale Contract Date: Dec 10, 2020
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 565 Commonwealth Place built and last sold?
The property at 565 Commonwealth Place was built in 1973 and last sold on Mar 14, 2022 for $1,525,000.
How much is this home worth?
The estimated value of the home located at 565 Commonwealth Place is $1,834,638.
What are some comparable homes to 565 Commonwealth Place?
There are currently no comparable homes to 565 Commonwealth Place.