4859 Commonwealth Drive, Sarasota, FL 34242
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by:isaiah miller
Office:harry robbins assoc inc
MLS#:A4660321
Source:MFRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$449.64
About this home
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.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:A4660321
- Added:55 day(s) ago
- Updated:September 30, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:2,222 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless, Electric
Structure and exterior
- Roof:Membrane
- Year built:1950
- Building area:2,222 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$449.64
- Tax amount:$9,623 (2024)
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