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For sale
  • Price cut: $20K (10/14)
    $2,250,000

    4879 COMMONWEALTH DRIVE, SARASOTA, FL 34242

    4beds
    2,450sqft
    : 
    $14,314/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    0.25 Acres Lot
    $2,102,500 Zestimate®
    $918/sqft
    $-- HOA

    What's special

    TURNKEY. FULLY FURNISHED. INCOME PRODUCING. Welcome to an exceptional Siesta Key property offering the rare combination of a fully renovated luxury residence, private tropical setting and proven rental income. The home is being offered fully furnished and can include essentially everything needed to operate and enjoy it immediately—from designer furnishings and décor to pots, pans, dishes, silverware, linens, towels and other household essentials. Truly turnkey, the next owner can simply bring a suitcase and begin enjoying the Siesta Key lifestyle or continue the established rental operation. Extensively renovated with a focus on modern comfort, durability and style, the approximately 2,500-square-foot residence features an open, light-filled floor plan, expansive impact windows and doors, durable wood-grain tile flooring, custom wood cabinetry, quartz waterfall countertops and curated designer lighting. The split-bedroom layout offers privacy and flexibility, making the home equally well suited for full-time living, family vacations or rental guests. The spacious primary suite features private outdoor access and a beautifully renovated bath with a freestanding soaking tub and oversized marble walk-in shower. Three additional bedrooms are located on the opposite side of the home, including a junior suite with its own private bath, floor-to-ceiling marble tile and oversized picture window overlooking the pool and outdoor living area. The home comes equipped with a 30-year commercial-grade roof, high-impact windows and doors throughout, new HVAC, pool equipment, water heater and major appliances, designer finishes and bathrooms that feature floor to ceiling marble detailing. Outside, the property becomes a private tropical retreat. The heated saltwater pool and screened enclosure are surrounded by lush landscaping and the expansive double lot provides exceptional privacy and space for entertaining, relaxing or enjoying the Florida lifestyle. For the owner-user, this is a beautifully renovated and fully furnished Siesta Key home requiring little to nothing to do. For the vacation-home buyer, it offers a private escape that can generate income when not in use. For the investor, the established rental history and strong NOI create a compelling income-producing opportunity. A rare opportunity to acquire a fully renovated, fully furnished and income-producing Siesta Key property where luxury, lifestyle and investment potential come together. Located just blocks from Roberts Bay and less than one mile from the world-famous sands of Siesta Key Beach, the location provides convenient access to the beach, dining, shopping and everything that makes Siesta Key one of Sarasota’s most desirable destinations.
    33 days
    406
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Petrilla 610-772-5881,

    PREFERRED SHORE LLC 941-999-1179

    Source: Stellar MLS,MLS#: A4706036MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Family Room, Great Room
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Bedroom 4
      • Features: En Suite Bathroom, Built-in Closet
      • Level: First
      Primary bathroom
      • Features: Dual Sinks
      • Level: First
      Kitchen
      • Features: Kitchen Island
      • Level: First
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Accessibility Features, Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: French Doors, Outdoor Grill, Sliding Doors
      • Windows: Skylight(s), Hurricane Shutters/Windows
      • Has fireplace: Yes
      • Fireplace features: Electric, Family Room, Insert, Living Room
      Interior area
      • Total structure area: 2,886
      • Total interior livable area: 2,450 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Circular Driveway, Driveway, Guest, Oversized
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened
      • Exterior features: Irrigation System, Lighting, Outdoor Grill, Private Entrance, Private Mailbox, Private Yard, Rain Gutters
      • Has private pool: Yes
      • Pool features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
      • Fencing: Vinyl
      Lot
      • Size: 0.25 Acres
      • Features: FloodZone, In County, Landscaped, Level, Near Public Transit, Oversized Lot, Private
      • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
      Details
      • Parcel number: 0081070026
      • Zoning: RSF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mid-Century Modern
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Slab
      • Roof: Membrane,Other
      Condition
      • Completed
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
      Green energy
      • Energy efficient items: Appliances, Doors, HVAC, Insulation, Water Heater, Windows
      • Indoor air quality: Air Filters MERV 10+, HVAC UV/Elec. Filtration, Non Toxic Pest Control
      • Water conservation: Drip Irrigation, Irrig. System-Drip/Microheads, Water-Smart Landscaping, Fl. Friendly/Native Landscape

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SIESTA BEACH
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $918/sqft
      • Tax assessed value: $692,300
      • Annual tax amount: $8,658
      • Date on market: 9/22/2026
      • Cumulative days on market: 27 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,102,500

        $2.00M - $2.21M

        $6,052/mo

        Price history

        DateEventPrice
        10/14/2026Price change$2,250,000-0.9%$918/sqft
        Source: Stellar MLS #A4706036 Report a problem
        10/7/2026Price change$2,270,000-0.2%$927/sqft
        Source: Stellar MLS #A4706036 Report a problem
        9/22/2026Listed for sale$2,275,000+5.8%$929/sqft
        Source: Stellar MLS #A4706036 Report a problem
        5/27/2026Listing removed$15,500$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        4/28/2026Price change$15,500+6.9%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        4/24/2026Price change$14,500+3.6%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        4/16/2026Price change$14,000-6.7%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        3/13/2026Price change$15,000+7.1%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        1/20/2026Price change$14,000+16.7%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        12/6/2025Price change$12,000-19.7%$5/sqft
        Source: Stellar MLS #A4657954 Report a problem
        11/19/2025Price change$14,950-0.3%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        11/18/2025Sold$2,150,000+46.3%$878/sqft
        Source: Stellar MLS #A4657940 Report a problem
        9/10/2025Price change$15,000-3.2%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        9/3/2025Price change$15,500-1.6%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        8/26/2025Price change$15,750-1.6%$6/sqft
        Source: Stellar MLS #A4657954 Report a problem
        8/17/2025Price change$16,000-1.5%$7/sqft
        Source: Stellar MLS #A4657954 Report a problem
        7/30/2025Price change$16,250-1.2%$7/sqft
        Source: Stellar MLS #A4657954 Report a problem
        7/21/2025Price change$16,450-0.3%$7/sqft
        Source: Stellar MLS #A4657954 Report a problem
        7/4/2025Listed for rent$16,500-10.8%$7/sqft
        Source: Stellar MLS #A4657954 Report a problem
        1/20/2025Listing removed$1,470,000$600/sqft
        Source: Stellar MLS #A4632845 Report a problem
        1/15/2025Price change$1,470,000-0.3%$600/sqft
        Source: Stellar MLS #A4632845 Report a problem
        12/30/2024Price change$1,475,000-1.3%$602/sqft
        Source: Stellar MLS #A4632845 Report a problem
        12/19/2024Listed for sale$1,495,000+49.5%$610/sqft
        Source: Stellar MLS #A4632845 Report a problem
        3/25/2024Listing removed--
        Source: Stellar MLS #A4589593 Report a problem
        1/5/2024Listed for rent$18,500$8/sqft
        Source: Stellar MLS #A4589593 Report a problem
        2/15/2023Sold$1,000,000+96.9%$408/sqft
        Source: Public Record Report a problem
        12/30/2003Sold$508,000$207/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,658 -19.9%$692,300 -21.5%
        2024$10,803 +3.8%$882,400 +4%
        2023$10,412 +167.1%$848,400 +163.8%
        2022$3,898 +1.1%$321,559 +3%
        2021$3,855 -0.2%$312,193 +1.4%
        2020$3,863 +3.6%$307,883 +2.3%
        2019$3,729 $300,961 +1.9%
        2018$3,729 +2.4%$295,349 +2.1%
        2017$3,641 -1.6%$289,274 -24.8%
        2016$3,701 $384,600 -10.9%
        2015$3,701 $431,500 +56.9%
        2014$3,701 +0.5%$274,997
        2013$3,684 +2.7%$274,997 +1.7%
        2012$3,586 -3.1%$270,400 -4.6%
        2011$3,700 -7.5%$283,300 -4.9%
        2010$3,999 -26.4%$298,000 -14.3%
        2009$5,433 $347,600 -19.8%
        2008$5,433 -28.9%$433,400 -27.2%
        2007$7,647 $595,100 +13.4%
        2006-- $525,000 +12.5%
        2005-- $466,800 +22.8%
        2004$5,993 +116.2%$380,100 +111.2%
        2003$2,773 +0.8%$179,940 +2.4%
        2002$2,750 +7.4%$175,723 +1.6%
        2001$2,561 +2.5%$172,956 +3%
        2000$2,500 $167,918
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34242

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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