4879 COMMONWEALTH DRIVE
SARASOTA, FL, 34242
$1,475,000
4 Beds
3 Baths
2,886 SqFt
0.25 Acres
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$1,475,000
4879 COMMONWEALTH DRIVE
SARASOTA, FL, 34242
Presenting an AMAZING opportunity to own a one-of-a-kind, rare mid-century modern open floor plan property with history, character, style, and all the potential you could ask for. The style of this home reflects the history and character of the original Sarasota School of Architecture and Design. The location is extraordinary – only a few blocks from Roberts Bay and less than a mile to Siesta Key Beach. Four bedrooms and three full bathrooms situated on a quiet, private, extra large double lot just minutes to world-renowned Siesta Key Beach and shopping and restaurants in Siesta Key Village. This property was damaged with the recent hurricanes. The matterport tour will show you the exact condition of the property today. The property appraised for $2,230,000 prior to Hurricanes Helene and Milton. The current list price is aggressive and reflects a one-of-a-kind opportunity to renovate a historical home with tons of character back to its original quality, and will come with plenty of extra equity when complete due to the recent appraised value. The county also confirmed that this oversized double lot can be split providing an incredible opportunity for investors and developers to build two homes on these lots in an unbeatable location.

Property Details

Price:
$1,475,000
MLS #:
A4632845
Status:
Active
Beds:
4
Baths:
3
Address:
4879 COMMONWEALTH DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SIESTA BEACH
Neighborhood:
34242 – Sarasota/Crescent Beach/Siesta Key
City:
SARASOTA
Listed Date:
Dec 19, 2024
State:
FL
Finished Sq Ft:
2,886
Total Sq Ft:
2,886
ZIP:
34242
Lot Size:
11,066 sqft / 0.25 acres (approx)
Year Built:
1957

Schools

Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High

Interior

Appliances
None
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Other, Zoned
Flooring
Concrete, Other, Terrazzo, Hardwood
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Architectural Style
Mid- Century Modern
Construction Materials
Other
Exterior Features
Courtyard, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Parking Features
Circular Driveway, Driveway, Open, Parking Pad
Roof
Membrane

Financial

Tax Year
2023
Taxes
$10,412
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4879 COMMONWEALTH DRIVE
SARASOTA, FL