589 Commonwealth Ln, Sarasota, FL, 34242
About This Home
Welcome to your canal front pool home on beautiful Siesta Key. It is a 4 bedroom,2 full bathroom home on approximately .24 acres (10,623 sq ft).It was built in 1972 and now rebuilt in 2026. The house is 2,154 sq ft under air with a 2 car garage which is 462 sq ft. There are brand new Champion windows and sliders,throughout all hurricane impact resistant. The new HVAC system was put in in 2024, and since then the electric and plumbing systems were totally redone. The brand new flooring is a beautiful sandy tile, much like the color of the sand on world renowned Siesta Key beach. Take invigorating walks or bike rides and view the magnificent sunsets on the beach. The roof is older but has been inspected and is in excellent condition. There are lots of plush plantings and a dock right outside of the screened pool and lanai. Come see for yourself! This home should not be missed! Buy yourself a piece of paradise, there's only so much to go around!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1972
Materials
- Foundation: Slab
- Roof: Tile
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Inside
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 110
- Dimensions: 11x10
Bedroom3
- Features: Built-in Closet
- Level: First
- Area: 110
- Dimensions: 11x10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Stone Counters
- Door features: Sliding Doors
- Flooring: Ceramic Tile
Great Room
- Features: No Closet
- Level: First
- Area: 400
- Dimensions: 20x20
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,073
- Total interior livable area: 2,073 sqft
Kitchen
- Level: First
Living Room
- Features: No Closet
- Level: First
- Area: 180
- Dimensions: 15x12
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 225
- Dimensions: 15x15
Property
Details
- Parcel number: 0081030028
- Zoning: RSF2
- Special condition: None
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: Gunite
Lot
- Lot size: 10,624 sqft
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,124 | $133,488 |
| Home Insurance * | $2,274 | $27,288 |
| Property Taxes | $2,165 | $25,980 |
| Electricity | $208 | $2,503 |
| Total | $15,771 | $189,252 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $2,200,000 |
| 2016-05-01 | Listing removed | $5,000 |
| 2016-01-18 | Listed for rent | $5,000 |
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