4879 Commonwealth Dr, photo 1
Active
1 / 39

Overview

4 bd3 ba2,450 sqftSingle Family
TypeSingle Family
HOANone listed
Built1957
Lot11,066 sqft
Living area2,450 sqft
Price / sqft$927

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Accessibility FeaturesBuilt-in FeaturesCeiling Fans(s)Eat-in KitchenHigh CeilingsKitchen/Family Room ComboL DiningLiving Room/Dining Room Combo

4879 Commonwealth Dr is a 1957-built home in Siesta Beach, Sarasota. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,450 square feet of living space. Listed at $2,270,000 (about $927/sqft), 29 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

TURNKEY. FULLY FURNISHED. INCOME PRODUCING. Welcome to an exceptional Siesta Key property offering the rare combination of a fully renovated luxury residence, private tropical setting and proven rental income. The home is being offered fully furnished and can include essentially everything needed to operate and enjoy it immediately—from designer furnishings and décor to pots, pans, dishes, silverware, linens, towels and other household essentials. Truly turnkey, the next owner can simply bring a suitcase and begin enjoying the Siesta Key lifestyle or continue the established rental operation. Extensively renovated with a focus on modern comfort, durability and style, the approximately 2,500-square-foot residence features an open, light-filled floor plan, expansive impact windows and doors, durable wood-grain tile flooring, custom wood cabinetry, quartz waterfall countertops and curated designer lighting. The split-bedroom layout offers privacy and flexibility, making the home equally well suited for full-time living, family vacations or rental guests. The spacious primary suite features private outdoor access and a beautifully renovated bath with a freestanding soaking tub and oversized marble walk-in shower. Three additional bedrooms are located on the opposite side of the home, including a junior suite with its own private bath, floor-to-ceiling marble tile and oversized picture window overlooking the pool and outdoor living area. The home comes equipped with a 30-year commercial-grade roof, high-impact windows and doors throughout, new HVAC, pool equipment, water heater and major appliances, designer finishes and bathrooms that feature floor to ceiling marble detailing. Outside, the property becomes a private tropical retreat. The heated saltwater pool and screened enclosure are surrounded by lush landscaping and the expansive double lot provides exceptional privacy and space for entertaining, relaxing or enjoying the Florida lifestyle. For the owner-user, this is a beautifully renovated and fully furnished Siesta Key home requiring little to nothing to do. For the vacation-home buyer, it offers a private escape that can generate income when not in use. For the investor, the established rental history and strong NOI create a compelling income-producing opportunity. A rare opportunity to acquire a fully renovated, fully furnished and income-producing Siesta Key property where luxury, lifestyle and investment potential come together. Located just blocks from Roberts Bay and less than one mile from the world-famous sands of Siesta Key Beach, the location provides convenient access to the beach, dining, shopping and everything that makes Siesta Key one of Sarasota’s most desirable destinations.

The essentials

Built
1957
Price / sqft
$927
On market
29 days
Annual tax
$8,658
Flood zone
AE
Lot
11,066 sqft
Type
Single Family Residence

At a glance

Single family
Built 1957
Private pool
Heated
0.25 acres
Lot size
2,450 sqft
Living area

Payment

Est. monthly payment
$13,696/mo
Down payment (20%)
$454,000
Property taxes
$722/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1957
Lot
11,066 sqft
Cooling
Central Air, Zoned
Heating
Central, Electric
Parking
Circular Driveway, Driveway, Guest, Oversized
Pool
Child Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
Days on Market
29
Accessibility Features
Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
L Dining
Living Room/Dining Room Combo
Open Floorplan
Pest Guard System
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Thermostat
Walk-in Closet(s)
Lighting
Outdoor Grill
Private Entrance
Private Mailbox
Private Yard
Rain Gutters
Bar Fridge
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$8,658
Parcel #
0081070026

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
11,066 sqft
FloodZoneIn CountyLandscapedLevelNear Public TransitOversized LotPrivatePaved

Price history

Date
Event
Price
10/7/2026
Price change
Source: Stellar MLS #A4706036
$2,270,000-0.2%
$927/sqft
9/11/2026
Listed for sale
Source: Stellar MLS #A4706036
$2,275,000
$929/sqft

Neighborhood

4879 Commonwealth Dr
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $2,270,000
$2.15M – $2.27M
94.9% – 100% of listTops out right at the list price
80% of listList price
40 of the last 79 home closings in 34242 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 29 after a $5,000 cut.

Sample: 79 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$13,695/mo
Principal & interest$11,839
Property taxes$722
Insurance$1,135
Down payment20% · $454,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,270,000

$927 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,450 sq ft

Time on market

29 days

Year built

1957

Monthly payment

About $13,696/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,658 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byPREFERRED SHORE LLCListing agent: Daniel PetrillaListing data from Stellar MLS, MLS# A4706036.

Keep exploring Florida

Pick up where you left off, or see what else is out there.