4879 COMMONWEALTH DRIVE Sarasota, FL $ 2,250,000
4879 COMMONWEALTH DRIVE
$ 2,250,000
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4879 COMMONWEALTH DRIVE

Sarasota, FL, 34242
$ 2,250,000
Bedrooms4 Baths3.0 Sq 2,450

Monthly Estimate*

$ 15,540

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Single Family Home for sale in Sarasota, FL

for $2,250,000 with 4 bedrooms and 3 full baths. This 2,450 square foot home was built in 1957 on a lot size of 0.25.

TURNKEY. FULLY FURNISHED. INCOME PRODUCING. Welcome to an exceptional Siesta Key property offering the rare combination of a fully renovated luxury residence, private tropical setting and proven rental income. The home is being offered fully furnished and can include essentially everything needed to operate and enjoy it immediately—from designer furnishings and décor to pots, pans, dishes, silverware, linens, towels and other household essentials. Truly turnkey, the next owner can simply bring a suitcase and begin enjoying the Siesta Key lifestyle or continue the established rental operation. Extensively renovated with a focus on modern comfort, durability and style, the approximately 2,500-square-foot residence features an open, light-filled floor plan, expansive impact windows and doors, durable wood-grain tile flooring, custom wood cabinetry, quartz waterfall countertops and curated designer lighting. The split-bedroom layout offers privacy and flexibility, making the home equally well suited for full-time living, family vacations or rental guests. The spacious primary suite features private outdoor access and a beautifully renovated bath with a freestanding soaking tub and oversized marble walk-in shower. Three additional bedrooms are located on the opposite side of the home, including a junior suite with its own private bath, floor-to-ceiling marble tile and oversized picture window overlooking the pool and outdoor living area. The home comes equipped with a 30-year commercial-grade roof, high-impact windows and doors throughout, new HVAC, pool equipment, water heater and major appliances, designer finishes and bathrooms that feature floor to ceiling marble detailing. Outside, the property becomes a private tropical retreat. The heated saltwater pool and screened enclosure are surrounded by lush landscaping and the expansive double lot provides exceptional privacy and space for entertaining, relaxing or enjoying the Florida lifestyle. For the owner-user, this is a beautifully renovated and fully furnished Siesta Key home requiring little to nothing to do. For the vacation-home buyer, it offers a private escape that can generate income when not in use. For the investor, the established rental history and strong NOI create a compelling income-producing opportunity. A rare opportunity to acquire a fully renovated, fully furnished and income-producing Siesta Key property where luxury, lifestyle and investment potential come together. Located just blocks from Roberts Bay and less than one mile from the world-famous sands of Siesta Key Beach, the location provides convenient access to the beach, dining, shopping and everything that makes Siesta Key one of Sarasota’s most desirable destinations.

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Single Family Active

Price

$ 2,250,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 8,658

Style

Mid-Century Modern

Lot Size

0.25

Year Built

1957

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4706036

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Connected Electricity Connected Public Sewer Connected Sprinkler Meter Underground Utilities Water Connected
Roof Membrane Other
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Microwave Range Hood Refrigerator Washer Wine Refrigerator
Zoning RSF2
Patio/Porch Features Covered Front Porch Porch Rear Porch Screened
Architectural Style Mid-Century Modern
Pool Features Child Safety Fence Gunite Heated In Ground Lighting Salt Water Screen Enclosure Tile
Security Features Smoke Detector(s)
Construction Materials Wood Frame Wood Siding
Pets Allowed Cats OK Dogs OK Yes
Year Built 1957
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential
Energy Efficient Appliances Doors HVAC Insulation Water Heater Windows
Subdivision Name SIESTA BEACH
Facing Direction Southwest
Garage Y/N false
Green Indoor Air Quality Air Filters MERV 10+ HVAC UV/Elec. Filtration Non Toxic Pest Control
Green Water Conservation Drip Irrigation Irrig. System-Drip/Microheads Water-Smart Landscaping
Total Rooms 7
Full Baths 3
Status Active
Directions 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 turn right onto Commonwealth Drive. Property is on left/east side of street.
High School Sarasota High
City SARASOTA
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 11066
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 8658.2
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4706036
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 10 11
Legal Description LOTS 10 & 11 BLK 21 SIESTA BEACH
Minimum Lease 2 Weeks
Water Access Y/N false
Additional Rooms Family Room Great Room
Water View Y/N false
Flood Zone Code AE
In Law Suite YN false
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Interior
Interior Amenities Accessibility Features Built-in Features Ceiling Fan(s) Eating Space In Kitchen High Ceilings Kitchen/Family Room Combo L Dining Living Room/Dining Room Combo Open Floorplan Pest Guard System Primary Bedroom Main Floor Skylight(s) Solid Surface Counters Solid Wood Cabinets Split Bedroom Thermostat Walk-In Closet(s)
Flooring Tile
Furnished Y/N Turnkey
Fireplace Features Electric Family Room Insert Living Room
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows Storm Window(s)
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities French Doors Irrigation System Lighting Outdoor Grill Private Entrance Private Mailbox Private Yard Rain Gutters Sliding Doors
Vegetation Mature Landscaping Oak Trees Trees/Landscaped
Fencing Vinyl
Parking Features Circular Driveway Driveway Guest Oversized
Lot Features FloodZone In County Landscaped Level Near Public Transit Oversized Lot Private
Water Source Public
Lot Size Area 11066
Foundation Details Slab
Spa false
Building Area Total 2886
Lot Size Acres 0.25
Road Surface Type Paved
Private Pool true
Waterfront Y/N false
Road Frontage Type Street Paved Private Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Preferred Shore Llc

Broker

daniel.petrilla@gmail.com

Email

Affordability Calculator

$16,262
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,540
Monthly Property Taxes
$722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$2,250,000 -0.88% Price Down
10/7/2026$2,270,000 -0.22% Price Down
9/15/2026$2,275,000 Listed Price

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4879 COMMONWEALTH DRIVE, Sarasota, FL, 34242 is a Single Family Home for sale at $2,250,000 with 2,450 sqft and a lot size of 0.25. 4879 COMMONWEALTH DRIVE has 4 bedrooms, 3.0 baths, and was built in 1957. The property's zip code is 34242 which is in Sarasota, FL