FL
Sarasota
SARASOTA
34242
4859 COMMONWEALTH DRIVE
4859 COMMONWEALTH DRIVE, SARASOTA, FL 34242
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Listing Type
Multi Family
Listing Status
active
45
$1,250,000

Home Details for 4859 COMMONWEALTH DRIVE

Price
$1,250,000
Type
Residential Income
Bedrooms
3
Bathrooms
3.0
Square feet
2222
Year built
1950
Lot size acres
0.3
County
Sarasota
Garage
Days on site
95
MLS Listing#
A4660321
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.

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Property Features
  • Utilities
    • Cable Available
    • Sewer Connected
    • Underground Utilities
    • Water Connected
  • Heating Information
    • Electric
    • Ductless
  • House Interior
    • Built-in Features
    • Stone Counters
  • Fire Place
    • Living Room
    • Wood Burning
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
  • Parking
    • Off Street
Listing Courtesy: HARRY ROBBINS ASSOC INC - 941-924-8346
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-08-12 08:45:18
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Market statistics compiled from data from Stellar MLS.
EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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