Incredible Investment Opportunity on Siesta Key! Welcome to 4959 Commonwealth Drive, an exceptional property offering endless possibilities in one of Florida's most desirable coastal communities. This hurricane-damaged home has already undergone professional mold remediation and is ready for your vision - whether you're dreaming of a full renovation or starting fresh with new construction. Key Features: Zoned two-family residential - perfect for multi-generational living or rental income Separate mother-in-law suite for added flexibility 4 bedrooms | 2 bathrooms | 2 kitchens Includes multiple appliances Durable metal roof Before-and-after hurricane photos available for reference Situated among million-dollar homes and just minutes from Siesta Key Beach, this property offers an unbeatable location. Priced below land value, it's a rare chance to create your dream island retreat or transform it into a high-income vacation rental. Don't miss out on this exclusive opportunity to own a slice of paradise on Siesta Key.
Sold for $580,000 on 10/14/25
$580,000
4959 Commonwealth Dr, Sarasota, FL 34242
4beds
1,791sqft
Single Family Residence
Built in 1958
0.29 Acres Lot
$-- Zestimate®
$324/sqft
$3,789 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 15, 2025 at 08:32am
Listed by:
Geri Scheckner 941-356-0652,
Bright Realty
Bought with:
Non-member Agent
Non-Member Office
Source: NY State MLS,MLS#: 11533655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Open
Heating
- Has Heating (Unspecified Type)
Features
- Flooring: Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,791
- Total interior livable area: 1,791 sqft
- Finished area above ground: 1,791
Property
Features
- Frontage length: 0
Lot
- Size: 0.29 Acres
Details
- Parcel number: 000000000.00000212627.000
- Lease amount: $0
- Special conditions: Absolute Auction
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: Amps(0)
Community & neighborhood
Location
- Region: Sarasota
- Subdivision: SIESTA BEACH
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Available date: 07/10/2025