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Sold for $580,000
  • $580,000

    4959 Commonwealth Dr, Sarasota, FL 34242

    4beds
    --sqft
    Single Family Residence
    Built in 1958
    0.29 Acres Lot
    $965,600 Zestimate®
    $--/sqft
    $4,131 Estimated rent

    Home value

    $965,600

    $830,000 - $1.12M

    $4,131/mo

    Zestimate® history
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    What's special

    Durable metal roof
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Geri Scheckner 941-356-0652,

    Bright Realty

    Bought with:

    Non-member Agent

    Non-Member Office

    Source: My State MLS,MLS#: 11533655

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Room, Family Room, Living Room
    Kitchen
    • Features: Open
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Features
    • Flooring: Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,791
    • Finished area above ground: 1,791

    Property

    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 & HOA

    Community
    • Subdivision: SIESTA BEACH
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Tax assessed value: $719,800
    • Annual tax amount: $8,651
    • Date on market: 7/11/2025
    • Date available: 07/10/2025

    Price history

    DateEventPrice
    10/20/2025Sold$580,000-4.1%
    Source: Public Record Report a problem
    9/25/2025Contingent$604,999
    Source: My State MLS #11533655 Report a problem
    9/22/2025Price change$604,9990%
    Source: My State MLS #11533655 Report a problem
    9/13/2025Price change$605,000+0%
    Source: My State MLS #11533655 Report a problem
    9/10/2025Price change$604,777+21%
    Source: My State MLS #11533655 Report a problem
    8/2/2025Price change$500,000-16.7%
    Source: My State MLS #11533655 Report a problem
    7/31/2025Price change$599,9990%
    Source: My State MLS #11533655 Report a problem
    7/28/2025Price change$600,000-17.2%
    Source: My State MLS #11533655 Report a problem
    7/11/2025Listed for sale$725,000
    Source: My State MLS #11533655 Report a problem
    3/3/2025Listing removed--
    Source: Owner Report a problem
    3/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/12/2024Price change$2,600-10.3%
    Source: Zillow Rentals Report a problem
    2/25/2024Listed for rent$2,900-3.3%
    Source: Zillow Rentals Report a problem
    5/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/23/2023Price change$2,999-6.3%
    Source: Zillow Rentals Report a problem
    4/11/2023Price change$3,200-5.9%
    Source: Zillow Rentals Report a problem
    4/1/2023Price change$3,400-2.9%
    Source: Zillow Rentals Report a problem
    3/19/2023Listed for rent$3,500+29.6%
    Source: Zillow Rentals Report a problem
    8/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/26/2022Price change$2,700-3.6%
    Source: Zillow Rental Manager Report a problem
    7/22/2022Price change$2,800-6.5%
    Source: Zillow Rental Manager Report a problem
    7/17/2022Price change$2,995-25%
    Source: Zillow Rental Manager Report a problem
    7/13/2022Price change$3,995+21.2%
    Source: Zillow Rental Manager Report a problem
    7/9/2022Price change$3,295-5.8%
    Source: Zillow Rental Manager Report a problem
    6/28/2022Listed for rent$3,499
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,651 -4.5%$719,800 -5.1%
    2024$9,060 -2.5%$758,300 -2.3%
    2023$9,297 +8.1%$776,400 +8.9%
    2022$8,601 +118%$713,100 +107%
    2021$3,946 -0.6%$344,575 +1.4%
    2020$3,971 -17.8%$339,818 -4.1%
    2019$4,831 $354,400 -7.8%
    2018$4,831 -6.9%$384,400 +87.1%
    2017$5,187 +101.7%$205,406 -39.4%
    2016$2,572 $339,000 -13.9%
    2015$2,572 $393,500 +101.5%
    2014$2,572 +0.6%$195,268
    2013$2,557 +1.9%$195,268 +1.7%
    2012$2,509 +4.6%$192,004 +3%
    2011$2,398 -1%$186,412 +1.5%
    2010$2,421 +9.8%$183,657 +2.7%
    2009$2,205 $178,829 +0.1%
    2008$2,205 -3.7%$178,650 +3%
    2007$2,288 $173,447 +2.5%
    2006-- $169,217 +3%
    2005-- $164,288 +3%
    2004$2,364 -0.9%$159,503 +1.9%
    2003$2,384 +0.9%$156,529 +2.4%
    2002$2,362 +7.4%$152,860 +1.6%
    2001$2,199 +2.3%$150,453 +3%
    2000$2,150 $146,071
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 000000

    Source: My State 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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    Estimated market value
    $965,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $965,600