4859 Commonwealth Drive, Sarasota, FL 34242
Local realty services provided by:CENTURY 21 Results
Listed by: isaiah miller, marlin yoder
Office: harry robbins assoc inc
MLS#:A4660321
Source:MFRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$395.68
About this home
INCOME-GENERATING TRIPLEX JUST MINUTES FROM WORLD-FAMOUS SIESTA KEY BEACH!
Located in the desirable Siesta Beach neighborhood on Siesta Key, this opportunity to own Tangerine Dream offers incredible potential for investors, vacation rental owners, or anyone seeking a coastal lifestyle with income potential.
This well-maintained triplex features three individual 1-bedroom, 1-bath units, totaling 2,222 of living square feet on a spacious 13,014 sq ft lot. Constructed in 1950, the property has been thoughtfully updated over the years including; a new roof, all new impact windows, and a new breaker system in 2019. A detached storage shed, provides extra space for storage or beach gear.
Perfectly situated just half a mile from the powdery white sands of Siesta Key Beach, consistently ranked America’s #1 Beach. The location is walkable and bike-friendly, with convenient access to Siesta Village’s shopping, dining, and nightlife. Other nearby attractions include Turtle Beach offering endless opportunities for outdoor recreation like kayaking and paddleboarding.
Positioned within a golf cart-friendly zone and free from HOA or deed restrictions, this property offers outstanding flexibility and strong short- and long-term rental potential. Whether you're an Airbnb or vacation rental investor seeking prime coastal cash flow, a multifamily buyer planning to live in one unit while renting the others, or a developer with an eye for redevelopment in a high-demand beachside area, this property checks every box.
Don’t miss this rare income-producing gem near Siesta Key Beach with limitless potential.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:A4660321
- Added:132 day(s) ago
- Updated:December 16, 2025 at 01:51 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:2,222 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless, Electric
Structure and exterior
- Roof:Membrane
- Year built:1950
- Building area:2,222 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$395.68
- Tax amount:$9,623 (2024)
New listings near 4859 Commonwealth Drive
- Open Sat, 11am to 2pmNew
$675,000Active3 beds 2 baths1,728 sq. ft.2437 Clematis Street, SARASOTA, FL 34239
MLS# A4671676Listed by: COLDWELL BANKER REALTY - New
$2,150,000Active3 beds 4 baths3,639 sq. ft.5356 Greenbrook Drive, SARASOTA, FL 34238
MLS# A4673931Listed by: KELLER WILLIAMS ON THE WATER S - Open Sun, 1 to 3pmNew
$835,000Active3 beds 3 baths2,486 sq. ft.5343 Nathaniel Place, SARASOTA, FL 34233
MLS# A4674920Listed by: ANDREWS & ASSOCIATES REALTY - New
$1,100,000Active2 beds 2 baths1,180 sq. ft.707 S Gulfstream Avenue #505, SARASOTA, FL 34236
MLS# A4675101Listed by: RE/MAX ALLIANCE GROUP - New
$1,697,000Active3 beds 4 baths4,242 sq. ft.4268 Las Palmas Way, SARASOTA, FL 34238
MLS# TB8452600Listed by: HOMECOIN.COM - New
$2,685,000Active5 beds 7 baths7,639 sq. ft.7796 Alister Mackenzie Drive, SARASOTA, FL 34240
MLS# TB8454921Listed by: HOMECOIN.COM - New
$2,900,000Active3 beds 3 baths1,980 sq. ft.1800 Benjamin Franklin Drive #B1007, SARASOTA, FL 34236
MLS# A4674505Listed by: BRIGHT REALTY - New
$340,000Active2 beds 2 baths1,183 sq. ft.2637 Java Plum Avenue, SARASOTA, FL 34232
MLS# A4674779Listed by: COLDWELL BANKER SARASOTA CENT. - New
$6,499,000Active4 beds 5 baths3,882 sq. ft.6100 Midnight Pass Road #201, SARASOTA, FL 34242
MLS# A4672432Listed by: THE SARASOTA REAL ESTATE COMP. - New
$5,195,000Active3 beds 3 baths2,631 sq. ft.1035 Seaside Drive #501, SARASOTA, FL 34242
MLS# A4674532Listed by: THE SARASOTA REAL ESTATE COMP.