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Asking Price

$ 725,000

Status

Active

4959 COMMONWEALTH DRIVE

SARASOTA, FL,34242, SIESTA BEACH

Overview

4 Bedrooms

2 Bathrooms

Garage

1,791 sqft

Year Built: 1958


School Nearby

Description

Incredible opportunity on Siesta Key! This hurricane-damaged property has already had mold remediation completed and offers endless potential for renovation or new construction. Zoned for two-family use and featuring a separate mother-in-law suite, this spacious home includes four bedrooms, two bathrooms and many included appliances. The metal roof adds durability, and before-and-after hurricane photos are available for reference. Nestled among million-dollar homes and just minutes to the world-famous Siesta Key Beach, this property is being sold for land value — but with vision and renovation, it can be brought back to life as a stunning island retreat or lucrative rental. Don’t miss this rare chance to own a slice of paradise in one of Florida’s most desirable coastal neighborhoods.


Features

Status:   Active

Beds:    4

Baths:   2

Square Footage:   1,791 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   A4658333

Days on Market:   24

Year Built:   1958

Lot Size:   50 x 112

County:   Sarasota

Taxes:   $9,060.00


Address

4959 COMMONWEALTH DRIVE , SARASOTA ,FL

Listing provided by: BRIGHT REALTY, 941-552-6036

Asking Price

$725,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 08/02/2025 14:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.