Active

4879 COMMONWEALTH DR

SARASOTA FL, 34242

$1,495,000


$610.20 per sqft

Active

4 Beds

3 Baths

2,450 sqft

Residential

Built in 1957

Presenting an AMAZING opportunity to own a one-of-a-kind, rare mid-century modern open floor plan property with history, character, style, and all the potential you could ask for. The style of this home reflects the history and character of the original Sarasota School of Architecture and Design. The location is extraordinary - only a few blocks from Roberts Bay and less than a mile to Siesta Key Beach. Four bedrooms and three full bathrooms situated on a quiet, private, extra large double lot just minutes to world-renowned Siesta Key Beach and shopping and restaurants in Siesta Key Village. This property was damaged with the recent hurricanes. The matterport tour will show you the exact condition of the property today. The property appraised for $2,230,000 prior to Hurricanes Helene and Milton. The current list price is aggressive and reflects a one-of-a-kind opportunity to renovate a historical home with tons of character back to its original quality, and will come with plenty of extra equity when complete due to the recent appraised value. The county also confirmed that this oversized double lot can be split providing an incredible opportunity for investors and developers to build two homes on these lots in an unbeatable location.

A4632845

MLS ID

December 19, 2024

Listed

December 20, 2024

Updated

Map

4879 COMMONWEALTH DR
SARASOTA FL, 34242

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Walk-In Closet(s)


Appliances

None


Laundry Description

Electric Dryer Hookup, Laundry Room, Washer Hookup


Floor Description

Concrete, Other, Terrazzo, Wood


Fireplace

Yes


Fireplace Description

Electric, Insert, Living Room


Cooling

Yes


Cooling Description

Central Air, Other, Zoned


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Courtyard, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors


Lot Features

Flood Zone, In County, Near Public Transit, Oversized Lot


Architectual Style

Mid-Century Modern


Roof

Membrane


Sewer

Public Sewer

School Information

High School

Sarasota High


Elementary School

Phillippi Shores Elementary

Other Property Details

Area Name

34242 - Sarasota/Crescent Beach/Siesta Key


Taxes

$10,412


Tax Frequency

Annually


Days on Market

1


Association Fee Frequency

Monthly


Garage

No


Parking

Circular Driveway, Driveway, Open, Parking Pad


View

No


County

Sarasota


Municipality

37S


Water Source

Public


Pool

Yes


Pool Features

Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile


Zoning

RSF2

Listed by PREFERRED SHORE LLC
Listing Contact: 941-999-1179 

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Data last updated 12/20/2024, 9:27 PM UTC

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