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$10,000 Closing Credit¹
#TB8350585, Parvathi Ganduri, Listing office: 1ST CLASS REAL ESTATE GULF TO BAY
$1,550,000 List price
572 Commonwealth Ln Sarasota, FL 34242
$10,000
Closing credit¹
3 beds
2 full
1,902 sqft
0.3 acres
$815 / sqft
House
Property details
About 572 Commonwealth Ln
INCREDIBLE VIEWS!.....INCREDIBLE ISLAND LOCATION!....INCREDIBLE INDOOR/OUTDOOR LIVING!....Turnkey Furnished & Located on a Quiet Cul-de-Sac street along the GRAND CANAL with Long Water Views ..... YOU will be "Wowed" by this 3 Bedroom/ 2 Bath Bright and Spacious Open Floor Plan that Seamlessly Flows to Over-Sized Screened Lanai with Heated Salt Water Pool--- Excellent for Entertaining as well as Everyday Activities****Updated Kitchen and Baths; Quartz Countertops & Luxury Vinyl Plank Flooring Throughout****Enjoy your Morning Coffee Poolside, Dinners Al Fresco and Sunset Cocktails Relaxing by the Waterside Fire-pit..... Ideal Property for the Boating Enthusiast with 10,000# Boat Lift & ease of Egress along the Grand Canal and just 5 minutes to the Intracoastal with Quick Access to the Gulf....and for the "Beach Lover"--- a quick bike ride to the Powdery White Sands of Top-Rated SIESTA KEY BEACH....Perfect as Investment, Vacation/Seasonal Property or Primary Residence!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Attic Fan
Size1,902 sqft
Lot size0.28 Acres
Year built1972
MLS #A4653553
Attached garage2 spaces
WaterfrontCanal
Private poolYes
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
- Flooring Type: Luxury Vinyl
- Interior: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Canal
- Exterior: Awning(s), French Doors, Hurricane Shutters, Lighting, Rain Gutters, Sliding Doors
- Heating: Central, Electric
- Cooling: Central Air, Attic Fan
- List Price: $1,550,000
- Price/SqFt: $814
- HOA Amount: $500 Annually
- Annual Tax Amount: $14,127
- Tax Year: 2023
- Directions: @ intersection of Midnight Pass & Beach Rd turn North; continue on Midnight Pass North to Commonwealth Dr , turn West continue to Commonwealth Lane, turn onto Commonwealth Lane and property on left side of road
- Year Built: 1972
- Stories: 1
- Living Area: 1,902 SqFt
- Lot Size: 0.28 Acres
- MLS Number: A4653553
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS ON THE WATER S
- Office Phone: (941) 803-7522
- Listing Agent: Mike Martino
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,550,000
572 Commonwealth Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2010 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,404,600 | $14,127 |
| 2022 | $1,118,300 | $12,017 |
| 2021 | $776,300 | $12,017 |
| 2020 | $666,600 | $9,748 |
| 2019 | $679,500 | $8,909 |
| 2018 | $858,300 | $11,132 |
| 2017 | $842,700 | $11,124 |
History based on county public records data.
Nearby schools
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.7 mi
•4747 S Tamiami Trl
10
Southside Elementary School
Public District PK-5
2.3 mi
•1901 Webber St
7
Gulf Gate Elementary School
Public District PK-5
3.2 mi
•6500 S Lockwood Ridge Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,115. The most common annual income of people living in Sarasota, FL is between $100k-200k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
14%
<35k
29%
35k-100k
38%
100k-200k
19%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
8%
18-34 yrs old
44%
35-64 yrs old
34%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Lexus
Mazda
Cadillac
What do the neighbors listen to?
News
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 572 Commonwealth Ln
The listing price of 572 Commonwealth Ln property is $1,550,000.
The property 572 Commonwealth Ln is a house located in Sarasota, Florida, 34242.
Active Listing: 572 Commonwealth Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 572 Commonwealth Ln are: Phillippi Shores Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 10/10), Gulf Gate Elementary School (GreatSchools Rating 7/10), Brookside Middle School (GreatSchools Rating 6/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10), Sarasota High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $14,127 (source: MLS/based on county public records data).
The last sale was on September 27, 2010 for $750,000 (source: MLS/tax record).
The property at 572 Commonwealth Ln has 3 bedrooms and 2 bathrooms.
The property 572 Commonwealth Ln is 1,902 SqFt (source: MLS/tax record).
The year of construction for 572 Commonwealth Ln is 1972.
This home is located at 572 Commonwealth Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,902 square foot home, which was built in 1972, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,550,000.
In May 2025 more than 28 listings in Sarasota, FL were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 365 were sold below. In May 2025 in Sarasota, FL there were 1% less homes for sale than in April. In May 2025 median list price was $496,832 and the average listing age was 62 days.
From Rocket Homes Real Estate and based on county public records data.