4879 Commonwealth Drive Sarasota, FL 34242

$1,470,000
Reduced $5,000
4
Beds
3
Baths
0.25
Acres
2,450
SQFT
600
$/SQFT
$1,470,000
Reduced
$5,000
4
Beds
3
Baths
2,450   sf
$600 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sarasota
  • Area
    34242 - Sarasota/Crescent Beach/Siesta Key
  • Tax Amount
    $10,412
  • Status
    Active
  • Listing #
    A4632845
  • Built
    1957
  • Lot Size
    0.25
  • Listed on site
    84 days

Listed by:
Preferred Shore Llc

Source:
StellarMLS

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School Info

Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Month

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • Pool
  • Pool Below Ground
  • Porch
  • Parking

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Great Room
  • Wood Floors
  • Walk-In Closet
  • Laundry Hookup

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Jan 16, 20252 mos agoPrice decreased5,000 (0%)$1,470,000
Dec 30, 20242 mos agoPrice decreased20,000 (1%)$1,475,000
Dec 19, 20243 mos agoNew on market$1,495,000
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Photo of Montana Taplinger
Montana Taplinger