LKV Realty
Logo
$725,000
$3,900Reward *
4959 COMMONWEALTH Drive, Sarasota, FL 34242Listing ID A4658333

4959 COMMONWEALTH Drive, Sarasota, FL 34242

Active
SIESTA BEACH
Time on site: 399 daysLast updated: Aug 2, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,295
Acres
Acres
0.29
Days on Site
Days on Site
399
Cooling
Cooling
Central Air
Heating
Heating
Central, Electric
Year Built
Year Built
1958
Stories
Stories
1

Incredible opportunity on Siesta Key! This hurricane-damaged property has already had mold remediation completed and offers endless potential for renovation or new construction. Zoned for two-family use and featuring a separate mother-in-law suite, this spacious home includes four bedrooms, two bathrooms and many included appliances. The metal roof adds durability, and before-and-after hurricane photos are available for reference. Nestled among million-dollar homes and just minutes to the world-famous Siesta Key Beach, this property is being sold for land value — but with vision and renovation, it can be brought back to life as a stunning island retreat or lucrative rental. Don’t miss this rare chance to own a slice of paradise in one of Florida’s most desirable coastal neighborhoods.

Property Information

Property Details

Location

Address
4959 COMMONWEALTH Drive
County
Sarasota
City
Sarasota
Zip Code
34242
Subdivision
SIESTA BEACH
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
2,295
Year Built
1958
Stories
1
Construction
Wood Siding
Foundation
Slab
Roof
Metal
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$9,060
Tax Year
2024
BRIGHT REALTY, (941) 552-6036

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.

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