Property Description

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.

Features
: In Ground, Heated, Gunite, Lighting, Screen Enclosure, Salt Water, Tile
: Central, Electric
: Central Air, Zoned, Other
: Vinyl
: Electric, Living Room, Insert
: Covered, Screened, Rear Porch
: Driveway, Parking Pad, Open, Circular Driveway
: Mid-Century Modern
: Sliding Doors, Rain Gutters, Irrigation System, Lighting, Private Mailbox, Courtyard
: Wood, Concrete, Terrazzo, Other
: Skylight(s), Walk-In Closet(s), Eat-in Kitchen, Open Floorplan, Living Room/Dining Room Combo, High Ceilings, Primary Bedroom Main Floor, Split Bedroom, Kitchen/Family Room Combo
: Laundry Room, Electric Dryer Hookup, Washer Hookup
1
: Public Sewer
: Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Public, Water Available
: Impact Glass/Storm Windows, ENERGY STAR Qualified Windows
Appliances
: None
Address Map
US
FL
Sarasota
Sarasota
SIESTA BEACH
34242
COMMONWEALTH
4879
DRIVE
W83° 26' 45''
N27° 16' 54.6''
Southwest
From I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, tur right onto Commonwealth Drive. Property is on left/east side of street.
34242 - Sarasota/Crescent Beach/Siesta Key
RSF2
Neighborhood
Phillippi Shores Elementary
Sarasota High
Brookside Middle
Additional Information
: Public
1
1475000
2024-12-19
: Accessible Entrance
: In County, Oversized Lot, Near Public Transit, FloodZone
: One
: Slab
: Other
2886
Financial
10411.98
Listing Information
281540869
281531515
Cash,Conventional,Other
Canceled
2025-01-20T13:29:07Z
Stellar
: None
2025-01-20T13:27:38Z

Residential For Sale

4879 Commonwealth Dr, Sarasota, Florida 34242

4 Bedrooms
3 Bathrooms
2,450
$1,470,000
Listing ID #A4632845
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4632845
Price : $1,470,000
Bedrooms : 4
Bathrooms : 3
Square Footage : 2,450
Year Built : 1957
Lot Area : 0.25 Acre
Office Name : PREFERRED SHORE LLC
Agent Name : Daniel Petrilla
Full Bathrooms : 3
Property Sub Type : Single Family Residence
Roof : Membrane
Listing Status : Canceled
Agent info
Contact Agent