SARASOTA, FL 34242 4859 COMMONWEALTH DRIVE

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Presented By: HARRY ROBBINS ASSOC INC with 941-924-8346. - 941-924-8346
  • MLS# A4660321
  • 08/06/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 3
  • Baths • 3
  • SQFT • 2,222

Home Details

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.
Presented By: HARRY ROBBINS ASSOC INC with 941-924-8346. - 941-924-8346

Interior Features for 4859 COMMONWEALTH DRIVE

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Featuresliving room, wood burning
Fireplace Y/NYes
Flooringcarpet, ceramic tile
Furnished Y/Nturnkey
Heating Y/NYes
Interior Amenitiesbuilt-in features, ceiling fan(s), living room/dining room combo, skylight(s), stone counters
Laundry Featurescommon area, laundry room, outside
Window Featuresblinds, double pane windows, insulated windows, low-emissivity windows, thermal windows

General for 4859 COMMONWEALTH DRIVE

Additional Parcels Y/NNo
Additional Roomsgarage apartment
Appliancesdishwasher, dryer, microwave, range, range hood, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock, wood frame
Coolingwall/window unit(s)
Countysarasota
Directionsdrive south on midnight pass rd, turn right on commonwealth dr, drive .1 mile and property will be on the left.
DockY/NNo
Flood Zone Codeae
Garage Y/NNo
Gross Income102622
HOANo
Heatingelectric, wall units / window unit
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionth s 1/2 of lot 4 & all of lot 5 & nwly 25 ft of lot 6 blk 21 siesta beach
Levelstwo
Listing Termscash, conventional, fha
Living Area Unitssquare feet
Lot Size Square Feet13014
Lot Size Unitssquare feet
MLS Area34242 - sarasota/crescent beach/siesta key
Minimum Lease1 month
ModificationTimestamp2025-08-12t14:24:35.010z
New ConstructionNo
Number Of Units Total3
Occupancy Typetenant
Ok to Lease>6 months <12
Other Structuresshed(s)
Ownershipfee simple
Patio/Porch Featurescovered, patio, porch
Pets Allowedno
Possessionclose of escrow
Property Conditioncompleted
Property Subtypetriplex
Property Typeresidential income
Roofmembrane
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesiesta beach
Tax Annual Amount9623
Tax Lot4
Tax Year2024
Tenant Payselectricity
Utilitiescable available, public, sewer connected, underground utilities, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1950
Zoningrsf2

Exterior for 4859 COMMONWEALTH DRIVE

Building Area Total2780
Exterior Amenitiesfenced, outdoor grill, rain gutters, sliding doors, storage
Foundation Detailsslab
Lot Featuresoversized lot
Lot Size Acres0.3
Lot Size Area13014
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Water Meters1
Parking Featuresground level, off street
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved, asphalt
SpaNo
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $1,250,000
MLS#A4660321
List Date 08/06/2025
Property Type Income
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