COMMONWEALTH In 4879 COMMONWEALTH DRIVE, SARASOTA, Florida

4879 COMMONWEALTH DRIVE, SARASOTA, Florida

4 Bedrooms
3 Bathrooms
2,450 Sqft
$1,475,000
Listing ID #MFRA4632845
Agent info
Susan Repp
Property Description

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.

Features
Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
Central, Electric
Central Air, Zoned, Other
Vinyl
Covered, Rear Porch, Screened
Membrane
Mid-century Modern
Lighting, Sliding Doors, Irrigation System, Rain Gutters, Private Mailbox, Courtyard
Electric, Living Room, Insert
Wood, Concrete, Terrazzo, Other
Skylight(s), Walk-in Closet(s), Living Room/dining Room Combo, High Ceilings, Kitchen/family Room Combo, Split Bedroom, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor
Laundry Room, Electric Dryer Hookup, Washer Hookup
Floodzone, In County, Oversized Lot, Near Public Transit
Driveway, Open, Circular Driveway, Parking Pad
RSF2
Address Map
US
FL
Sarasota
SARASOTA
SIESTA BEACH
SIESTA BEACH
COMMONWEALTH
4879
DRIVE
0
W83° 26' 45''
N27° 16' 54.6''
From I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, tur right onto Commonwealth Drive. Property is on left/east side of street.
34242 - Sarasota/Crescent Beach/Siesta Key
MLS Addon
PREFERRED SHORE LLC
Daniel Petrilla
$0
Other
11
Southwest
Phillippi Shores Elementary
Slab
Sarasota High
One
MFR281540869
MFR281531515
Brookside Middle
Active
0081070026
Public Sewer
1
$10,412
2023
Public, Sewer Connected, Cable Available, Electricity Available, Water Available, Water Connected, Sewer Available
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