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$1,495,000

Est. payment - /mo

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4 BD

3 BA

2,450 SqFt

New

4879 COMMONWEALTH DR Sarasota, FL 34242

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

12/21/2024 12:50 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $610

Subdivision Siesta Beach

MLS Listing ID A4632845

Bedrooms 4

Full Baths 3

HOA Y/N No

Originating Board Stellar MLS

Year Built 1957

Annual Tax Amount $10,411

Lot Size 10,890 Sqft

Acres 0.25

Property 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.

Location

State FL

County Sarasota

Community Siesta Beach

Zoning RSF2

Rooms

Other Rooms Family Room, Great Room

Interior

Interior Features Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Other, Zoned

Flooring Concrete, Other, Terrazzo, Wood

Fireplaces Type Electric, Insert, Living Room

Fireplace true

Appliance None

Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Exterior Feature Courtyard, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sliding Doors

Parking Features Circular Driveway, Driveway, Open, Parking Pad

Fence Vinyl

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

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

Roof Type Membrane

Porch Covered, Rear Porch, Screened

Garage false

Private Pool Yes

Building

Lot Description FloodZone, In County, Near Public Transit, Oversized Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Structure Type Other

New Construction false

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Listed by PREFERRED SHORE LLC

GET MORE INFORMATION

Jerid Wempen

Broker

+1(720) 297-4020