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ActiveOpen House
$2,695,000
4938 Commonwealth Dr, Sarasota, FL, 34242
$1,243/sqft·Siesta Beach
Est. $14,056/moSee payment4
beds
4
baths
2,169
sqft
2
garage
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4683758
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Open House
Saturday, Aug 22· 5:00 PM to 8:00 PM
Hosted by Maurice Menager 941-238-8119
About this home
Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen Floorplan
4938 Commonwealth Dr is a 1984-built home in Siesta Beach, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,169 square feet of living space. Listed at $2,695,000 (about $1,243/sqft), 156 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
From the listing
"Prepare to be captivated by this fully renovated masterpiece, offering an unparalleled blend of modern luxury and coastal sophistication. Featuring an extra 1,300 square feet of finished, legal nonconforming space in addition to the official tax record, this property offers exceptional value at under $800/sq ft when including this spectacular bonus square footage. Perfectly designed for upscale entertaining or private relaxation, every detail of this residence has been meticulously updated with premium finishes. Don't miss the opportunity to own a turnkey oasis that truly offers more than meets the eye."
The essentials
Built
1984
Price / sqft
$1,243
On market
169 days
Annual tax
$12,150
Flood zone
AE
Lot
7,604 sqft
Type
Single Family Residence
Location
Type
Single Family Residence
Year Built
1984
Lot
7,604 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement
Pool
Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Waterfront
Canal - Saltwater
Days on Market
169
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Primarybedroom Upstairs
Solid Surface Counters
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Garden
Lighting
Permeable Paving
Bar Fridge
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High
Districts can re-zone, so verify directly with the district before relying on these.
Homestead exemption on fileFlood Zone AE
Annual Tax (2025)
$12,150
Parcel #
0081070011
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Siesta Beach
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
7,604 sqft
Flood Insurance RequiredFloodZoneIn CountyLandscapedPaved
Date
Event
Price
5/22/2026
Price change
Source: Stellar MLS #A4683758
$2,695,000-7.1%
$1,243/sqft
—
Price change
Source: Stellar MLS #A4683758
$2,900,000-4.9%
$1,337/sqft
3/2/2026
Listed for sale
Source: Stellar MLS #A4683758
$3,050,000
$1,406/sqft
Enter a home price - see your real monthly payment.
Loan Details
$100K$2M
Your Results
Total Monthly Payment
$15,368
Principal, interest, tax, insurance
- P&I$14,056
- Tax$1,013
- Insurance$300
Loan Amount
$2,156,000
Down Payment %
20.0%
First Year Summary
Principal
$22,759
Interest
$145,907
Balance
$2,133,241
Total Interest
$2,903,983
Total Cost
$5,059,983
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