$725,000

4959 Commonwealth Dr Sarasota, FL 34242

Estimated payment $4,779/month

Total Views 666
4 Beds
2 Baths
1,791 Sq Ft
$405 Price per Sq Ft

Highlights

  • Open Floorplan
  • Living Room
  • Tile Flooring
  • Phillippi Shores Elementary School Rated A
  • Entrance Foyer
  • Dining Room

About This Home

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, a two-car garage, 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.

Listing Agent

Geri Scheckner

Bright Realty Listed on: 07/10/2025

Bright Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,297

Year Built

  • Built in 1958

Lot Details

  • 0.29 Acre Lot

Interior Spaces

  • 1,791 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Siesta Beach Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,297

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions To Property: From North bridge to Siesta Key take Midnight Pass Rd to the left as it splits at Higel and follow down about a mile just over the bridge. Take a right onto Commonwealth. Go to 4959 Commonwealth.
  • FloorTile: Yes
  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 0.29
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Sarasota
  • Property Class: 210
  • Prop. Type: House (Detached)
  • PropertyZipCode: 34242
  • PropertyZoneType: 0
  • Renovation Year: 0
  • Dining Room: Yes
  • Family Room: Yes
  • Foyer: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: FL
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • BasementAreaSquareFootage: 0
  • Kitchen Type: Open
  • Fireplaces: 0
  • Number of Rooms: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 1791

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,297 $758,300 $699,400 $58,900
2023 $9,297 $776,400 $656,900 $119,500
2022 $8,601 $713,100 $606,100 $107,000
2021 $3,946 $344,575 $0 $0
2020 $3,971 $339,818 $0 $0
2019 $4,831 $354,400 $274,000 $80,400
2018 $5,187 $384,400 $304,000 $80,400
2017 $2,553 $205,406 $0 $0
2016 $2,549 $339,000 $249,100 $89,900
2015 $2,572 $393,500 $317,600 $75,900
2014 $2,561 $195,268 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $725,000 -- $405 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $487,500 New Conventional
Closed $314,000 New Conventional
Closed $825,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $601,400 Reverse Mortgage Home Equity Conversion Mortgage
Closed $25,000 Credit Line Revolving
Closed $254,355 Credit Line Revolving
Closed $15,000 New Conventional
Source: Public Records

Similar Homes in Sarasota, FL

  • 4873 Huntleigh Dr, Sarasota, FL 34233

    $600,000

    • 3 Beds
    • 2 Baths
    • 2,155 Sq Ft
    • 4873 Huntleigh Dr
    • Sarasota, FL

    Beautifully Updated Ranch in Prime Central Location!Welcome to this spacious, well maintained 3-bedroom, 2-bath ranch-style home, offering over 2,100 sq ft of comfortable living space, and a two-car garage. Perfectly situated in an easygoing cul-de-sac, located in the heart of it all, this home has been thoughtfully updated so you can simply move in and enjoy. Inside, you'll find generous living

    Amanda Schwartz WAGNER REALTY

    Section Image
  • 2207 Hickory Ave, Sarasota, FL 34234

    $649,999

    • 3 Beds
    • 2 Baths
    • 1,723 Sq Ft
    • 2207 Hickory Ave
    • Sarasota, FL

    Mid-Century Modern Charm Meets Lush Botanical Living in Sarasota!Welcome to 2207 Hickory Avenue—a masterfully updated Mid-Century Modern gem nestled on a rare 10,000 sq ft double corner lot in the coveted Indian Beach Sapphire Shores neighborhood, just west of the trail. This turnkey 3-bedroom, 2-bath retreat seamlessly blends vintage character with thoughtful modern upgrades, creating a

    Ryan Skrzypkowski COLDWELL BANKER REALTY

    Section Image
  • 2244 Palm Terrace, Sarasota, FL 34231

    $615,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 2244 Palm Terrace
    • Sarasota, FL

    DOUBLE LOT. SEE ATTACHED LETTER FROM COUNTY STATING 2 HOMES CAN BE BUILT ON PROPERTY. HOME IS RENTED UNTIL JUNE OF 2026. Will consider sale if interested but lease will need to be honored. View Matterport Virtual Tour LINK 2 . Nestled in a secure, family-oriented neighborhood, the home's charm begins at the curb. The thoughtfully landscaped surroundings and inviting exterior set the stage

    Tracy Srodes FINE PROPERTIES

    Section Image
  • 1857 Siesta Dr, Sarasota, FL 34239

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,334 Sq Ft
    • 1857 Siesta Dr
    • Sarasota, FL

    Opportunity knocks in one of Sarasota’s most desirable locations! Situated just over the North Bridge and only one mile to the world-famous Siesta Key Beach, this charming 2-bedroom home sits on just under a 1/4 acre lot with NO HOA or deed restrictions. Whether you’re a first-time buyer wanting that coastal lifestyle, or an investor seeking your next high-potential property, this checks off all

    Noah Ward EXP REALTY LLC

    Section Image
  • 1723 Laramie St, Sarasota, FL 34231

    $675,000

    • 2 Beds
    • 2 Baths
    • 1,693 Sq Ft
    • 1723 Laramie St
    • Sarasota, FL

    Live the Siesta Key lifestyle without the island hassle. Whether you prefer to walk, bike, or take a quick ride, the beach is right at your fingertips—along with Crescent Beach, Gulf Gate shops, and some of Sarasota’s best local dining. The home features a flexible layout with 2 bedrooms, 2 bathrooms, and a separate den that can serve as a third bedroom or home office. Inside, you’ll find

    Dawn Bear WILLIAM RAVEIS REAL ESTATE

    Section Image
  • 2915 Woodpine Cir, Sarasota, FL 34231

    $549,000

    • 3 Beds
    • 2 Baths
    • 1,557 Sq Ft
    • 2915 Woodpine Cir
    • Sarasota, FL

    Under contract-accepting backup offers. The Sarasota lifestyle you’ve been wanting is finally here! Just 3 miles from the world-famous sands of Siesta Key, and only 10 minutes to vibrant Downtown Sarasota, this fully renovated house puts you right in the heart of it all. No HOA. New Roof (2025). Newer HVAC (2021). Newer water heater (2024)The home has been completely transformed from top to

    Noah Ward EXP REALTY LLC

    Section Image
  • 4112 Swift Rd, Sarasota, FL 34231

    $699,000

    • 4 Beds
    • 3 Baths
    • 2,836 Sq Ft
    • 4112 Swift Rd
    • Sarasota, FL

    Location, location, location! This contemporary gem is just minutes from Siesta Key beach and downtown Sarasota. This custom home with brand new standing seam metal roof was built with detail in mind. The first floor offers a beautiful open floor plan feature living, dining and custom kitchen. The kitchen stuns with quartz counter tops, stainless steel appliances and large cooking island. The

    Cassandra Meyer BRIGHT REALTY

    Section Image
  • 2540 Sunnyside St, Sarasota, FL 34239

    $639,999

    • 3 Beds
    • 2 Baths
    • 1,387 Sq Ft
    • 2540 Sunnyside St
    • Sarasota, FL

    Under contract-accepting backup offers. Beautifully renovated pool home in South Gate on a double lot! As you enter through the front door you notice the open layout featuring freshly polished terrazzo flooring, decorative beams, and a fresh beachy look! Every chef will take delight in the remodeled kitchen (2020) featuring a plethora of cabinets, granite countertops, and New stainless-steel

    Kendall Williams HOUSE MATCH

    Section Image
  • 3136 Webber St, Sarasota, FL 34239

    $600,000

    • 3 Beds
    • 2 Baths
    • 1,698 Sq Ft
    • 3136 Webber St
    • Sarasota, FL

    One or more photo(s) has been virtually staged. Experience the pinnacle of stylish Florida living in this beautifully transformed 3 bedroom, 2 bath home, featuring luxurious upgrades that redefine elegance. Every detail has been meticulously designed for those who truly appreciate the finer things in life. Step into a captivating space that includes a private screened-in pool, paired with an

    Rachel Woodruff HOUSE MATCH

    Section Image
See All Homes in Sarasota

Source: My State MLS

MLS Number: 11533655

APN: 0081-10-0019

Florida Sarasota County Sarasota 34242

4959 Commonwealth Dr, Sarasota, FL

This home is located at 4959 Commonwealth Dr, Sarasota, FL 34242 and is currently priced at $725,000, approximately $404 per square foot. This property was built in 1958. 4959 Commonwealth Dr is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Geri Scheckner
Section Image
Bright Realty
(941) 401-9936