Putnam Realty GroupFlorida Home Value AI · Michael Putnam, Sales Associate

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4879 COMMONWEALTH DRIVE
$2,270,000

4879 COMMONWEALTH DRIVE

SARASOTA, FL 34242 · Single Family Residence

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Bedrooms4
Bathrooms3 full
Living area2,450 Sq. Ft.
Total area2,886 Sq. Ft.
Year built1957
Lot size0.25 acres (11,066 Sq. Ft.)
Private poolYes
Flood zoneAE
SubdivisionSIESTA BEACH
Days on market15
MLS numberMFRA4706036

Property taxes: $8,658 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.

About this home

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.

Features

InteriorAccessibility Features, Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
FlooringTile
LaundryInside, Laundry Room
WindowsSkylight(s), ENERGY STAR Qualified Windows, Storm Window(s)
ExteriorLighting, Outdoor Grill, Private Entrance, Private Mailbox, Private Yard, Rain Gutters
Patio and porchCovered, Front Porch, Porch, Rear Porch, Screened
PoolChild Safety Fence, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
FencingVinyl
ParkingCircular Driveway, Driveway, Guest, Oversized
ConstructionFrame, Wood Siding
RoofMembrane, Other
FoundationSlab
StyleMid-Century Modern
LevelsOne
FacesSouthwest
HeatingCentral, Electric
CoolingCentral Air, Zoned
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
SewerPublic Sewer
WaterPublic
PetsCats OK, Dogs OK, Yes
FurnishedTurnkey
Sale conditionsNone
Elementary schoolPhillippi Shores Elementary
Middle schoolBrookside Middle
High schoolSarasota High
CountySarasota

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Listing courtesy of PREFERRED SHORE LLC, 941-999-1179 (Daniel Petrilla). Stellar MLS via MLS GRID.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This 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. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].