4879 COMMONWEALTH DRIVE, Sarasota, Sarasota, Residential

4879 COMMONWEALTH DRIVE

MLS# A470603641 days on marketUpdated November 2, 2026 6:09 pm

$ 898 / sqft

$ 2,199,000

Reduced from $ 2,275,000

Overview

UpdatedNovember 2, 2026 6:09 pm
MLS #A4706036
Bedrooms4
Bathrooms3
Size2,450 ft²
Year Built1957

Description

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.

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Interior

  • AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Bathrooms Full3
  • Bathrooms Half0
  • Bathrooms Total Integer3
  • Bedrooms Total4
  • CoolingCentral Air, Zoned
  • CoolingYes
  • Fireplace FeaturesElectric, Family Room, Insert, Living Room
  • FireplaceYes
  • FlooringTile
  • FurnishedTurnkey
  • HeatingCentral, Electric
  • HeatingYes
  • Interior FeaturesAccessibility Features, Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Laundry FeaturesInside, Laundry Room
  • LevelsOne
  • Living Area2,450
  • Living Area SourceOwner
  • Living Area UnitsSquare Feet
  • Rooms Total7
  • Security FeaturesSmoke Detector(s)
  • Window FeaturesENERGY STAR Qualified Windows, Storm Window(s)

Exterior

  • Direction FacesSouthwest
  • Exterior FeaturesFrench Doors, Irrigation System, Lighting, Outdoor Grill, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
  • FencingVinyl
  • Lot FeaturesFloodZone, In County, Landscaped, Level, Near Public Transit, Oversized Lot, Private
  • Lot Size Acres0
  • Lot Size Area11,066
  • Lot Size Square Feet11,066
  • Lot Size UnitsSquare Feet
  • Open ParkingYes
  • Parking FeaturesCircular Driveway, Driveway, Guest, Oversized
  • Patio And Porch FeaturesCovered, Front Porch, Porch, Rear Porch, Screened
  • Pool FeaturesChild Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
  • Road Frontage TypeStreet Paved, Private Road
  • Road Surface TypePaved
  • RoofMembrane, Other

Structure

  • Architectural StyleMid-Century Modern
  • Building Area Total2,886
  • Construction MaterialsWood Frame, Wood Siding
  • Foundation DetailsSlab
  • Property ConditionCompleted
  • Year Built1957

Utilities

  • Green Energy EfficientAppliances, Doors, HVAC, Insulation, Water Heater, Windows
  • Green Indoor Air QualityAir Filters MERV 10+, HVAC UV/Elec. Filtration, Non Toxic Pest Control
  • Green Water ConservationDrip Irrigation, Irrig. System-Drip/Microheads, Water-Smart Landscaping
  • SewerPublic Sewer
  • UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Water SourcePublic

Financial

  • Parcel Number0081070026
  • Pets AllowedCats OK, Dogs OK, Yes
  • Tax Annual Amount8,658
  • Tax Block21
  • Tax Book Number1037-423
  • Tax Legal DescriptionLOTS 10 & 11 BLK 21 SIESTA BEACH
  • Tax Lot10,11
  • Tax Year2025
  • ZoningRSF2

Schools

  • Elementary SchoolPhillippi Shores Elementary
  • High SchoolSarasota High
  • Middle Or Junior SchoolBrookside Middle

Location

  • CountryUnited States
  • County Or ParishSarasota
  • DirectionsFrom I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, turn right onto Commonwealth Drive. Property is on left/east side of street.
  • Latitude27
  • Longitude-83
  • MLS Area Major34242 - Sarasota/Crescent Beach/Siesta Key
  • Postal Code34242
  • Postal Code Plus41419
  • Street NameCOMMONWEALTH
  • Street Number4879
  • Street Number Numeric4,879
  • Street SuffixDRIVE
  • Subdivision NameSIESTA BEACH
  • Unparsed Address4879 COMMONWEALTH DRIVE

Features & Amenities

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