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4859 Commonwealth Drive, SARASOTA, FL 34242
Priced at Only: $1,250,000
For more Information Call Mobile: 352.442.9523
Address: 4859 Commonwealth Drive, SARASOTA, FL 34242
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  • MLS#: A4660321 ( Residential Income )
  • Street Address: 4859 Commonwealth Drive
  • Viewed: 7
  • Price: $1,250,000
  • Price sqft: $450
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 2780
  • Bedrooms: 3
  • Total Baths: 3
  • Days On Market: 26
  • Additional Information
  • Geolocation: 27.2824 / -82.5547
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34242
  • Subdivision: Siesta Beach
  • Provided by: HARRY ROBBINS ASSOC INC
  • Contact: Isaiah Miller
  • 941-924-8346
  • mfrmls
  • DMCA Notice
  • 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 Americas #1 Beach. The location is walkable and bike friendly, with convenient access to Siesta Villages 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. Dont miss this rare income producing gem near Siesta Key Beach with limitless potential.
Features
Appliances
  1. Dishwasher
  2. Dryer
  3. Microwave
  4. Range
  5. Range Hood
  6. Refrigerator
  7. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Outdoor Grill
  3. Rain Gutters
  4. Sliding Doors
  5. Storage
Flooring
  1. Carpet
  2. Ceramic Tile
Furnished
  1. Turnkey
Garage Spaces
  1. 0.00
Heating
  1. Electric
  2. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Built-in Features
  2. Ceiling Fans(s)
  3. Living Room/Dining Room Combo
  4. Stone Counters
Legal Description
  1. TH S 1/2 OF LOT 4 & ALL OF LOT 5 & NWLY 25 FT OF LOT 6 BLK 21 SIESTA BEACH
Levels
  1. Two
Living Area
  1. 2222.00
Lot Features
  1. Oversized Lot
  2. Paved
Area Major
  1. 34242 - Sarasota/Crescent Beach/Siesta Key
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Shed(s)
Parcel Number
  1. 0081020038
Parking Features
  1. Ground Level
  2. Off Street
Pets Allowed
  1. No
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Membrane
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
Township
  1. 37
Utilities
  1. Cable Available
  2. Public
  3. Sewer Connected
  4. Underground Utilities
  5. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4660321
Water Source
  1. Public
Year Built
  1. 1950
Zoning Code
  1. RSF2
Headshot for Associate Joseph Treanor
  1. Joseph Treanor
  2. Tropic Shores Realty
  3. If I can't buy it, I'll sell it!
  4. Mobile: 352.442.9523
  5. 352.442.9523
  6. joe@jetsellsflorida.com
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