$1,895,000

4879 Commonwealth Dr Sarasota, FL 34242

Estimated payment $11,396/month

Total Views 1,598
4 Beds
3 Baths
2,450 Sq Ft
$773 Price per Sq Ft

Highlights

  • Screened Pool
  • Open Floorplan
  • Family Room with Fireplace
  • Phillippi Shores Elementary School Rated A
  • Private Lot
  • Main Floor Primary Bedroom

About This Home

Own a Rare Piece of Sarasota's Architectural History on Siesta Key! Step into timeless design and architectural significance with this rare mid-
century modern masterpiece, situated on a private double lot in the heart of Siesta Key. Originally crafted in 1957 by Frank Coleman and Tollen Twitchell, two influential figures in the Original Sarasota School of Architecture, this home seamlessly blends historical character with modern luxury. Boasting 2,500 square feet of light-filled living space, this 4-bedroom, 3-bathroom residence has been meticulously renovated while preserving its original architectural integrity. Clean lines, expansive impact windows, and an open floor plan define the home’s iconic style, inviting the outdoors in and creating a sense of calm sophistication throughout. Inside, the split floor plan provides distinct zones for privacy and connection. The primary suite is a sanctuary of its own, complete with private access to the outdoors, a luxurious bath featuring a freestanding soaking tub, and a marble-lined walk-in shower. On the opposite side of the home, three additional guest bedrooms provide comfort and style—including a junior suite with its own private bath, full marble detailing, and oversized picture window with views of the pool and deck area. High-end renovations include: New commercial-grade roof (30-year lifespan); High-impact windows and doors throughout the home; Durable wood-grain tile flooring; Quartz waterfall countertops & custom wood cabinetry in the kitchen; Floor to ceiling marble tile in all bathrooms; All new major appliances including HVAC, pool equipment and water heater; Spray foam insulation throughout the home for an extra layer of protection; and designer finishes and curated lighting throughout. Step outside to your personal paradise: a heated saltwater pool with screened enclosure, surrounded by lush tropical foliage for complete privacy and serenity. The home is ideally located just blocks from Roberts Bay and less than a mile from the award-winning crystal sands of Siesta Key Beach. A true retreat, the lushly landscaped double lot offers unmatched privacy and space—perfect for entertaining or simply relaxing beneath the tropical canopy. Whether you're a collector of architectural homes, a beach lover, or simply someone looking for the rare blend of heritage, location, and luxury, this one-of-a-kind property is your opportunity to own an iconic piece of Sarasota’s rich design legacy. House sits on a DOUBLE LOT - ADU build-out available for investors looking for value-add and additional income potential.

Listing Agent

Daniel Petrilla

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3524992 Listed on: 07/07/2025

PREFERRED SHORE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,803

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Native Plants
  • Private Lot
  • Oversized Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • <<energyStarQualifiedWindowsToken>>
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Oversized Parking
  • Circular Driveway

Accessible Home Design

  • Accessibility Features

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Irrigation System Uses Drip or Micro Heads

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • High-Efficiency Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Beach Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,803

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2450
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2886
  • Lot Size Sq Ft: 11066
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: 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.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: 2 Weeks
  • RATIO Current Price By Calculate: 773.47
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Family Room, Insert, Living Room
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Accessibility Features, Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Window Features: Skylight(s), ENERGY STAR Qualified Windows, Low-Emissivity Windows, Storm Window(s)
  • Street Number Modifier: 4879
  • Living Area Meters: 227.61

Exterior Features

  • Pool Features: Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: French Doors, Lighting, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Membrane, Other
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0141G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway, Guest, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081070026
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Oversized Lot, Private, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1028

Green Features

  • Efficiency: Doors, HVAC, Insulation, Water Heater, Windows
  • Green Water Conservation: Drip Irrigation, Irrig. System-Drip/Microheads, Water-Smart Landscaping
  • Green Verification Count: 0
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: View Sarasota County Lease Restrictions

Multi Family

  • Number Of Units Total: 1
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 10803
  • Tax Block: 21
  • Tax Book Number: 1037-423
  • Tax Lot: 10,11

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,412 $882,400 $662,600 $219,800
2023 $10,412 $848,400 $623,000 $225,400
2022 $3,898 $321,559 $0 $0
2021 $3,855 $312,193 $0 $0
2020 $3,863 $307,883 $0 $0
2019 $3,729 $300,961 $0 $0
2018 $3,641 $295,349 $0 $0
2017 $3,623 $289,274 $0 $0
2016 $3,637 $384,600 $234,100 $150,500
2015 $3,701 $431,500 $299,800 $131,700
2014 $3,687 $274,997 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Rent $16,500 0.0% --
07/03/2025 07/03/25 For Sale $1,895,000 0.0% $773 / Sq Ft
03/25/2024 03/25/24 Rented $16,000 -13.5% --
01/05/2024 01/05/24 Price Changed $18,500 +48.0% $8 / Sq Ft
12/18/2023 12/18/23 Price Changed $12,500 -16.7% $5 / Sq Ft
11/15/2023 11/15/23 For Rent $15,000 0.0% --
02/13/2023 02/13/23 Sold $1,000,000 -33.1% $427 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $1,495,000 -20.3% $639 / Sq Ft
10/21/2022 10/21/22 For Sale $1,875,000 -- $801 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 --
Warranty Deed $1,350,000 Berlin Patten Ebling Pllc
Warranty Deed $508,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,200 Small Business Administration
Open $1,350,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $406,400 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4658113

Stellar MLS

APN: 0081-07-0026