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4859 COMMONWEALTH DR Sarasota, FL 34242

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$ 1,250,000
4859 COMMONWEALTH DR Sarasota, FL 34242
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FL > Sarasota > Siesta Beach
Sarasota, FL 34242,4859 COMMONWEALTH DR
Sarasota, FL 34242,4859 COMMONWEALTH DR
Sarasota, FL 34242,4859 COMMONWEALTH DR
Sarasota, FL 34242,4859 COMMONWEALTH DR
Sarasota, FL 34242,4859 COMMONWEALTH DR
Sarasota, FL 34242,4859 COMMONWEALTH DR
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Rich Henderson

Rich Henderson

rich@myrealtorrich.com +1(630) 338-3792
$ 1,250,000
Est. payment | /mo

3 Beds

3 Baths

2,222 SqFt


Save Virtual Tour
$ 1,250,000
Est. payment | /mo
Save Virtual Tour

3 Beds

3 Baths

2,222 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,222 sqft

Price per Sqft $562

Subdivision Siesta Beach

MLS Listing ID A4660321

Bedrooms 3

Construction Status Completed

HOA Y/N No

Year Built 1950

Annual Tax Amount $9,623

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Triplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Sarasota

Community Siesta Beach

Area 34242 - Sarasota/Crescent Beach/Siesta Key

Zoning RSF2

Rooms

Other Rooms Garage Apartment

Interior

Interior Features Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters

Heating Electric, Ductless

Cooling Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile

Fireplaces Type Living Room, Wood Burning

Furnishings Turnkey

Fireplace true

Appliance Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer

Laundry Common Area, Laundry Room, Outside

Exterior

Exterior Feature Fence, Outdoor Grill, Rain Gutters, Sliding Doors, Storage

Parking Features Ground Level, Off Street

Utilities Available Cable Available, Public, Sewer Connected, Underground Utilities, Water Connected

Roof Type Membrane

Porch Covered, Patio, Porch

Garage false

Private Pool No

Building

Lot Description Oversized Lot, Paved

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Construction Status Completed

Others

Pets Allowed No

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4660321

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by HARRY ROBBINS ASSOC INC

Learn More About LPT Realty

agent
Rich Henderson

Sales Executive | License ID: SL3522272

rich@myrealtorrich.com

+1(630) 338-3792

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4859 COMMONWEALTH DR

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+1(630) 338-3792 rich@myrealtorrich.com

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