New Listing - 12/19/2024

$1,495,000 ($610.20 per sqft)

Est. Mortgage $7,658/mo *

Quick Pre-Approval

4879 Commonwealth DRIVE, Siesta Key, FL, 34242

4879 Commonwealth DRIVE, Siesta Key, FL, 34242

9 rooms

4 beds

3 Full baths

1957

Mid-Century Modern

2,450 sqft

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.


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Electric Dryer Hookup, Laundry Room, Washer Hookup

Subdivision:

SIESTA BEACH

Garage:

Circular Driveway, Driveway, Open, Parking Pad

Heating:

Central, Electric

Cooling:

Central Air, Other, Zoned

Energy Features:

Doors, Windows

Levels:

1

Acreage:

0.25

Est. Taxes:

$10,412

Construction

Other

Utilities

Cable Available, Electricity Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Lot Description:

FloodZone, In County, Near Public Transit, Oversized Lot

Elementary School:

Phillippi Shores Elementary

Middle School:

Brookside Middle

High School:

Sarasota High

Appliances:

None

Pool:

Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile

Min Lease Term:

1 Month

MLS #:

A4632845


Community Info

School Info

Walk Score

Yelp



Listing courtesy of PREFERRED SHORE Phone: 941-999-1179