4879 COMMONWEALTH DRIVE, Sarasota, FL 34242

  • $1,470,000
  • $1,475,000
4879 COMMONWEALTH DRIVE, Sarasota, FL 34242
Active Fixer
4879 COMMONWEALTH DRIVE, Sarasota, FL 34242
4879 COMMONWEALTH DRIVE, Sarasota, FL 34242
  • $1,470,000
  • $1,475,000

Overview

Property ID: HZA4632845
  • Single Family Residence, Residential
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2886
  • Square Feet
  • 1957
  • Year Built

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.

  • Address 4879 COMMONWEALTH DRIVE
  • City Sarasota
  • State/county FL
  • Zip/Postal Code 34242

Details

Updated on January 15, 2025 at 8:05 pm
  • Property ID: HZA4632845
  • Price: $1,470,000
  • Property Size: 2886 Square Feet
  • Land Area: 0.25 Acres
  • Bedrooms: 4
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1957
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

Features

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