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$1,250,000

Listing Price

3beds

3baths

2,222sqft

13,014sqft lot

4859 Commonwealth Dr, Sarasota, FL 34242

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1950

Year built

Home Details

INCOME-GENERATING TRIPLEX JUST MINUTES FROM WORLD-FAMOUS SIESTA KEY BEACH!nLocated 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.nnThis 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. nnPerfectly situated just half a mile from the powdery white sands of Siesta Key Beach, consistently ranked Americas #1 Beach. The location is walkable and bike-friendly, with convenient access to Siesta Villages shopping, dining, and nightlife. Other nearby attractions include Turtle Beach offering endless opportunities for outdoor recreation like kayaking and paddleboarding.nnPositioned 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 youre 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 prope

Interior Details

Square Feet
  • 2222

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Wall Unit

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13014

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Triplex

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,206

$319,500

$93,100

--%

$412,600

2019

$5,991

$278,200

$126,700

--%

$404,900

2018

$6,254

$308,200

$123,500

--%

$431,700

2017

$5,848

$289,000

$128,300

--%

$417,300

2016

$5,479

$252,800

$138,100

--%

$390,900

2014

$4,774

$0

$0

--%

$269,478

2013

$4,382

$0

$0

--%

$244,980

2012

$3,745

$0

$0

--%

$221,800

percent-home-icon

Average Home Price in 34242

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,250,000

3 Beds

3 Baths

2,222 Sqft

13,014 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,250,000
$
Down payment
250,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,500
$
HOA (Monthly)
0
$
PMI
0
$
$8,092
Your Payment
Total Monthly Payment:$8,092
Percent of Income:139%
Affordable:No

Details for 4859 COMMONWEALTH DR

Property Debt

Foreclosure Contact Details