4879 Commonwealth DRIVE, Sarasota, FL 34242

$1,495,000 Asking Price

4 beds
3 baths
2,450  sqft
Built in 1957

Presenting an AMAZING opportunity to own a one-of-a-kind, rare mid-century modern open floor plan property with history, character, style, and all the potential you could ask for. The style of this home reflects the history and character of the original Sarasota School of Architecture and Design. The location is extraordinary - only a few blocks from Roberts Bay and less than a mile to Siesta Key Beach. Four bedrooms and three full bathrooms situated on a quiet, private, extra large double lot just minutes to world-renowned Siesta Key Beach and shopping and restaurants in Siesta Key Village. This property was damaged with the recent hurricanes. The matterport tour will show you the exact condition of the property today. The property appraised for $2,230,000 prior to Hurricanes Helene and Milton. The current list price is aggressive and reflects a one-of-a-kind opportunity to renovate a historical home with tons of character back to its original quality, and will come with plenty of extra equity when complete due to the recent appraised value. The county also confirmed that this oversized double lot can be split providing an incredible opportunity for investors and developers to build two homes on these lots in an unbeatable location.

Features & Amenities

Interior

General:
Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Walk-In Closet(s)
Rooms:
Family Room, Great Room
Appliances:
None
Laundry:
Electric Dryer Hookup, Laundry Room, Washer Hookup
Flooring:
Concrete, Other, Terrazzo, Hardwood
A/C:
true, Central Air, Other, Zoned
Heating:
true, Central, Electric
Fireplace:
Electric, Insert, Living Room, Fireplace
Disability Feature:
Accessible Entrance
Eco/Green Feature:
Doors, Windows, Drip Irrigation

Exterior

General:
Courtyard, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Style:
Mid-Century Modern
Pool:
Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
Parking:
Circular Driveway, Driveway, Open, Parking Pad

Construction

Roofing:
Membrane
Windows:
ENERGY STAR Qualified Windows, Impact Glass/Storm Windows
General:
Other, One, Slab

Location

Road/Access:
Paved
Originating MLS:
Stellar MLS
County:
Sarasota

Lot

Zoning:
RSF2, LOTS 10 & 11 BLK 21 SIESTA BEACH, 0081070026
Fencing:
Vinyl

Utilities

Utilities:
Cable Available, Electricity Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
PREFERRED SHORE LLC, Daniel Petrilla

About Sarasota, FL

Housing

Number of Units
152,825
Median Home Value
$341,369
Median Rent
$1,292

27.49% of housing units are renter occupied.

18.88% are vacant.

Commute

Car
66.43%
Public Transportation
0.60%
Walk to Work
0.72%
Work from Home
31.09%
Other
0.55%

The median travel time to work is 16 minutes.

People

Population
264,751
Median Age
51.20
Median Household Size
2.39

Education

High School
26.25%
Associate’s Degree
8.64%
Bachelor’s Degree
22.70%
Graduate Degree
17.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: