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$2,695,000
$6,800Reward *
4938 COMMONWEALTH Drive, Sarasota, FL 34242Listing ID A4683758

4938 COMMONWEALTH Drive, Sarasota, FL 34242

Active
SIESTA BEACH
Time on site: 173 days • Last updated: Aug 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,827
Acres
Acres
0.17
Days on Site
Days on Site
173
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central, Electric
Year Built
Year Built
1984
Stories
Stories
2
Garages
Garages
2
Parking
Parking
Covered, Garage, Golf Cart Garage, Garage Door Opener, Oversized, Parking Pad

"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."

Property Information

Property Details

Location

Address
4938 COMMONWEALTH Drive
County
Sarasota
City
Sarasota
Zip Code
34242
Subdivision
SIESTA BEACH
High School
Sarasota High
Elementary School
Phillippi Shores Elementary
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
4,827
Year Built
1984
Stories
2
Construction
Concrete, Stucco, Wood Frame
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$12,150
Tax Year
2025
MICHAEL SAUNDERS & COMPANY, (941) 349-3444

Market Report for 34242

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

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.

For corrections to this data please contact Brytecore MLS Support.

281503595 • 281503539