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$2,270,000

4879 COMMONWEALTH DRIVE, SARASOTA, FL 34242

3D Tour
Active15 days on market

Beds

4

Baths

3

Sq Ft

2,450 sq ft

Year Built

1957

Lot Size

0.25 acres

Garage

—

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4706036
StatusActive
Year Built1957
Total Rooms7
ConstructionWood Frame, Wood Siding
RoofMembrane, Other
FoundationSlab
FacesSouthwest
SubdivisionSIESTA BEACH
CountySarasota
OwnershipFee Simple
FurnishedTurnkey

Interior Features

InteriorAccessibility 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, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
FlooringTile
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
LaundryInside, Laundry Room
WindowsENERGY STAR Qualified Windows, Storm Window(s)
CoolingCentral Air, Zoned
HeatingCentral, Electric
FireplaceYes ()
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorFrench Doors, Irrigation System, Lighting, Outdoor Grill, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
FencingVinyl
Lot Size0.25 acres (11,066 sq ft)
Lot FeaturesFloodZone, In County, Landscaped, Level, Near Public Transit, Oversized Lot, Private
Road SurfacePaved

Pool & Spa

Private PoolYes
Pool FeaturesChild Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$2,270,000
Original Price$2,275,000
Annual Taxes$8,658 (2025)
FinancingCash, Conventional
ZoningRSF2
Parcel #0081070026

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

From I75, take Bee Ridge exit west, cross US41 onto Bay Rd which becomes Osprey Ave. Turn left/west onto Siesta Dr., follow over north bridge onto Siesta Key and Higel Ave. At traffic light, bear left onto Midnight Pass Road. After humpback bridge, turn right onto Commonwealth Drive. Property is on left/east side of street.

Location

4879 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Listing Information

OfficePREFERRED SHORE LLC
ListedSeptember 22, 2026

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Home Price

$2,270,000

20% ($454,000)
6.75%

Loan Term

Principal & Interest$11,779
Property Tax (est.)$2,081
Insurance (est.)$150
Total Monthly$14,009
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 7, 2026.

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