- Assessed Value: $1,417,779
- Assessed Year: 2025
- Assessed County: Sarasota
- APN: 0081-10-0034
- Market Land Value: 997200
- Tax Amount: 16687.99
- Tax Year: 2024
- Market Value: 2444900
- Market Year: 2025
5040 Commonwealth Dr; Sarasota, FL Property Details
Off market
5040 Commonwealth Dr Sarasota, FL 34242
$1,495,000 Listing Price
4 Beds
3.5 Baths
4,942 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 2003
- Purchase Price: $100
- Open Loans / Balance: 1 / $571,423
- Est. Equity / %: $2,362,577 / 80.52%
- Gross Yield: 1.227%
- APN: 0081-10-0034
- Situs County: Sarasota
- Length Of Ownership: 9 years, 3 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 10
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Floor Cover Type: Carpet
- Stories: 3
- Exterior Wall Type: Wood Siding
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Building Quality: A
- Roof Type: Hip
- Pool Type: Yes
- Roof Cover Type: Metal
- Sewer Type: Municipal
- Water Source: Municipal
- Deck: true
Measurements
- Total: 4,942/SqFt
- Lot: 9,200/SqFt
- Gross: 5,788/SqFt
- Garage: 750/SqFt
- Living: 4,942/SqFt
- Building: 5,692/SqFt
- Ground: 2,493/SqFt
- Price Per Square Foot: $0.02
Legal Description
- Description: BEG AT PT ON SLY R/W OF COMMONWEALTH DR LYING 25 FT SELY OF NW COR OF LOT 32 TH S-47-39 -21-W 130 FT M/L TO CANAL TH NWLY ALG CANAL 75 FT M/L TO NWLY LINE OF LOT 31 TH N-48-06-24-E 116 FT M/L TO
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Sarasota County School District
- Lat / Lon: 27.27871 / -82.55244
- Subdivision: Siesta Beach
- Property Class: Residential
- Zoning: RSF2
- County Use Code: 0100
Amenities
- Pool: true
- Plus Four: 1400
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 4
HOA
- H O A One: $650
- H O A Amount: $650
- H O A One Frequency: Annual
- H O A One Name: The Bayside Club Association, Inc.
- H O A One Type: Home Owner Association
Ownership Info
5040 Commonwealth Dr has no associated ownership info
5040 Commonwealth Dr has no associated ownership info.
Taxes
5040 Commonwealth Dr has 9 associated Taxes items
5040 Commonwealth Dr, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,417,779. The APN we've located for 5040 Commonwealth Dr is 0081-10-0034.
Unlock the full reportTaxes
Tax History
5040 Commonwealth Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,417,779 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,377,822 | Land Value | Improvement Value | Tax Amount $16,687.99 | Change Rate +0.25254% | Assessed CR | Tax Rate +0.012112% |
| Year 2023 | Assessed Value $1,100,604 | Land Value | Improvement Value | Tax Amount $13,323.32 | Change Rate +0.025654% | Assessed CR | Tax Rate +0.012105% |
| Year 2022 | Assessed Value $1,068,548 | Land Value | Improvement Value | Tax Amount $12,990.07 | Change Rate +0.005446% | Assessed CR | Tax Rate +0.012157% |
| Year 2021 | Assessed Value $1,037,425 | Land Value | Improvement Value | Tax Amount $12,919.71 | Change Rate -0.006326% | Assessed CR | Tax Rate +0.012454% |
| Year 2020 | Assessed Value $1,023,102 | Land Value | Improvement Value | Tax Amount $13,001.96 | Change Rate +0.029284% | Assessed CR | Tax Rate +0.012708% |
| Year 2019 | Assessed Value $1,000,100 | Land Value $411,400 | Improvement Value $588,700 | Tax Amount $12,632.04 | Change Rate -0.027592% | Assessed CR | Tax Rate +0.012631% |
| Year 2018 | Assessed Value $1,028,673 | Land Value | Improvement Value | Tax Amount $12,990.47 | Change Rate +0.017183% | Assessed CR | Tax Rate +0.012628% |
| Year 2017 | Assessed Value $974,602 | Land Value | Improvement Value | Tax Amount $12,771.02 | Change Rate | Assessed CR | Tax Rate +0.013104% |
| Year 2016 | Assessed Value $1,071,000 | Land Value $450,700 | Improvement Value $620,300 | Tax Amount $12,771.02 | Change Rate | Assessed CR | Tax Rate +0.011924% |
| Year 2015 | Assessed Value $980,100 | Land Value $448,700 | Improvement Value $531,400 | Tax Amount $12,771.02 | Change Rate +0.003241% | Assessed CR | Tax Rate +0.01303% |
| Year 2014 | Assessed Value $926,500 | Land Value | Improvement Value | Tax Amount $12,729.76 | Change Rate | Assessed CR | Tax Rate +0.01374% |