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For Sale

4859 COMMONWEALTH DR

4859 COMMONWEALTH DR, SARASOTA, FL 34242

$1,250,000
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.

3
beds

3
baths

2,222 Sq.Ft. LIVING AREA

0.3 Acres lot

Marlin Yoder

Marlin Yoder

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms3
  • Laundry room Common Area, Laundry Room, Outside
  • Flooring Carpet, Ceramic Tile
  • Fireplace Living Room, Wood Burning
  • APPLIANCES Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • other interior Features Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters

Area & Lot

  • Status For Sale
  • Living Area2,222 Sq.Ft.
  • Lot Area0.3 Acres
  • MLS® IDA4660321
  • TypeMulti-Family
  • YEAR BUILT1950
  • NeighborhoodSiesta Key

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • roofMembrane
  • lot featuresOversized Lot, Paved
  • parkingGround Level, Off Street
  • HEAT TYPEElectric, Ductless
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureSlab
  • security FeaturesSmoke Detector(s)
  • other exterior FeaturesFence, Outdoor Grill, Rain Gutters, Sliding Doors, Storage

Financial

  • Sales Price$1,250,000
  • Real Estate Tax $9,623/yr
  • Zoning RSF2
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Thank you for your interest in 4859 COMMONWEALTH DR, SARASOTA, FL 34242. We are reviewing your request and will be in touch shortly!
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Contact Details

Marlin Yoder

Phone

(941) 893-7406

Email

[email protected]

Address

3733 South Tuttle Ave Sarasota FL 34239

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