Advanced Search

Save
Ask
Tour
Hide
Share
$1,250,000
75 Days On Site

4859 COMMONWEALTH DRIVE
SARASOTA, FL 34242

For Sale|Triplex|Active
3
Beds
3
Total Baths
2,222
SqFt
$563
/SqFt
1950
Built
Subdivision:
SIESTA BEACH
County:
Sarasota

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

4859 COMMONWEALTH DRIVE4859 COMMONWEALTH DRIVE4859 COMMONWEALTH DRIVE4859 COMMONWEALTH DRIVE
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,250,000
Days On Site 
75 Days
Bedrooms 
3
Inside Area (SqFt) 
2,222 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1950
MLS® Number 
A4660321
Status 
Active
Property Tax 
$9,623
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.3
Foundation 
Slab
Levels 
Two
Parking 
Off Street
Pets 
No
Property Sub Type 
Triplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
2780
Utilities 
Cable AvailableSewer ConnectedUnderground UtilitiesWater Connected
Water Source 
Public
Zoning 
RSF2
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRange HoodRefrigeratorWasher
Cooling 
Wall/Window Unit(s)
Fireplace 
Yes
Fireplace Features 
Living RoomWood Burning
Flooring 
CarpetCeramic Tile
Heating 
ElectricDuctless
Interior 
Built-in FeaturesStone Counters
Laundry Features 
Common AreaLaundry RoomOutside
Window Features 
Skylight(s)BlindsDouble Pane WindowsInsulated WindowsLow Emissivity Windows
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BlockFrame
Exterior 
Outdoor GrillRain GuttersStorage
Lot Features 
Paved
Other Structures 
Shed(s)
Patio And Porch 
CoveredPatioPorch
Roof 
Membrane
Windows/Doors 
Skylight(s)BlindsDouble Pane WindowsInsulated WindowsLow Emissivity Windows
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
34242 - Sarasota/Crescent Beach/Siesta Key
Roads 
Asphalt
Township 
37
Listing courtesy of HARRY ROBBINS ASSOC INC 9412877716



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-10-19 09:14 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share