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4859 COMMONWEALTH DRIVE
SARASOTA FL 34242 US

$1,250,000

Active Listing ID A4660321
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3 bed
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Lot: 0.30 Acres
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Triplex

$1,250,000

Active Listing ID A4660321
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4859 COMMONWEALTH DRIVE 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.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Paved, Fence, Outdoor Grill, Rain Gutters, Sliding Doors, Storage
  • Floor Covering: Carpet, Tile, Tile - Ceramic
  • Roof Type: Membrane
  • Heating Fuels: Ductless (Heating), Electric (Heating), Fireplace(s)
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1250000
  • unparsedaddress: 4859 COMMONWEALTH DRIVE
  • postalcity: SARASOTA
  • stateorprovince: FL
  • country: US
  • postalcode: 34242
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 2222
  • livingareaunits: Square Feet
  • latitude: 27.28243
  • longitude: -82.554727
  • listagentfullname: Isaiah Miller
  • listagentemail: Isaiah@RobbinsResidential.com
  • listagentkey: 3yd-MFRMLSFL-281543262
  • listagentmlsid: 281543262
  • listagentpreferredphone: 9412877716
  • listagentofficephone: 9419248346
  • listofficekey: 3yd-MFRMLSFL-281502172
  • listagentstatelicense: 3598086
  • listofficemlsid: 281502172
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1950
  • listingcontractdate: 2025-08-05
  • countyorparish: Sarasota
  • parcelnumber: 0081020038
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Block, Frame
  • flooring: Carpet, Tile, Tile - Ceramic
  • heating: Ductless (Heating), Electric (Heating), Fireplace(s)
  • numberofunitstotal: 3
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Membrane
  • waterfrontyn: False
  • interiorfeatures: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters
  • exteriorfeatures: Paved, Fence, Outdoor Grill, Rain Gutters, Sliding Doors, Storage
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3
  • securityfeatures: Smoke Detector(s)
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.554726, 27.28243
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Harry E. Robbins Assoc. Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Isaiah@RobbinsResidential.com", "ListBrokerageCity":"Sarasota", "ListBrokerageCountry":"US", "ListBrokerageEmail":"he@harryrobbinsrealtor.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Harry E. Robbins Assoc. Inc", "ListBrokeragePhone":"(941) 921-5351", "ListBrokeragePostalCode":"34239", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3733 S Tuttle Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3733 South Tuttle Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Sarasota", "ListOfficeCountry":"US", "ListOfficeEmail":"troy@robbinsresidential.com", "ListOfficePostalCode":"34239", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - SARASOTA, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4859-Commonwealth-Dr_Sarasota_FL_34242_M53242-51339?f=listhub&s=MFRMLSFL&m=A4660321&c=rexren", "MLSModificationTimestamp":"2025-08-12T10:25:10Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9623, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 11:12:05 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Isaiah Miller, HARRY ROBBINS ASSOC INC, Isaiah@RobbinsResidential.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.