4859 Commonwealth Drive, Sarasota, FL 34242
Local realty services provided by:CENTURY 21 North East
Listed by: isaiah miller, marlin yoder
Office: harry robbins assoc inc
MLS#:A4660321
Source:MFRMLS
Price summary
- Price:$990,000
- Price per sq. ft.:$356.12
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:202 day(s) ago
- Updated:February 24, 2026 at 01:11 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:$990,000
- Price per sq. ft.:$356.12
- Tax amount:$9,623 (2024)
New listings near 4859 Commonwealth Drive
- New
$730,000Active3 beds 3 baths2,026 sq. ft.1900 Colleen Street, SARASOTA, FL 34231
MLS# R4910744Listed by: OHL LLC - Open Sun, 12 to 3pmNew
$1,350,000Active2 beds 2 baths1,337 sq. ft.5770 Midnight Pass Road #404, SARASOTA, FL 34242
MLS# A4683014Listed by: COLDWELL BANKER REALTY - New
$350,000Active2 beds 2 baths1,369 sq. ft.5612 Palm Aire Drive, SARASOTA, FL 34243
MLS# A4683581Listed by: EXP REALTY, LLC - New
$812,000Active0.16 Acres515 Avenida De Mayo, SARASOTA, FL 34242
MLS# A4683694Listed by: BRIGHT REALTY - New
$120,000Active1 beds 1 baths348 sq. ft.7150 N Tamiami Trail #S-623, SARASOTA, FL 34243
MLS# A4683692Listed by: CHARLES RUTENBERG REALTY INC - New
$500,000Active3 beds 2 baths1,994 sq. ft.4631 Meadowview Circle, SARASOTA, FL 34233
MLS# A4683566Listed by: LA ROSA REALTY LLC
$1,250,000Active2 beds 2 baths1,781 sq. ft.1750 Benjamin Franklin Drive #PH-F, SARASOTA, FL 34236
MLS# A4680493Listed by: MICHAEL SAUNDERS & COMPANY- New
$599,900Active4 beds 3 baths2,534 sq. ft.6507 41st Court E, SARASOTA, FL 34243
MLS# A4678591Listed by: KONA REALTY - New
$595,000Active3 beds 2 baths1,562 sq. ft.2904 Homasassa Road, SARASOTA, FL 34239
MLS# A4683642Listed by: FINE PROPERTIES - New
$849,900Active4 beds 3 baths2,456 sq. ft.8051 36th Street Circle E, SARASOTA, FL 34243
MLS# A4683019Listed by: HOOVER REALTY LLC