Property Description

INCOME-GENERATING TRIPLEX JUST MINUTES FROM WORLD-FAMOUS SIESTA KEY BEACH!
Located in the desirable Siesta Beach neighborhood on Siesta Key, this opportunity to own Tangerine Dream offers incredible potential for investors, vacation rental owners, or anyone seeking a coastal lifestyle with income potential.

This well-maintained triplex features three individual 1-bedroom, 1-bath units, totaling 2,222 of living square feet on a spacious 13,014 sq ft lot. Constructed in 1950, the property has been thoughtfully updated over the years including; a new roof, all new impact windows, and a new breaker system in 2019. A detached storage shed, provides extra space for storage or beach gear.

Perfectly situated just half a mile from the powdery white sands of Siesta Key Beach, consistently ranked America’s #1 Beach. The location is walkable and bike-friendly, with convenient access to Siesta Village’s shopping, dining, and nightlife. Other nearby attractions include Turtle Beach offering endless opportunities for outdoor recreation like kayaking and paddleboarding.

Positioned within a golf cart-friendly zone and free from HOA or deed restrictions, this property offers outstanding flexibility and strong short- and long-term rental potential. Whether you’re an Airbnb or vacation rental investor seeking prime coastal cash flow, a multifamily buyer planning to live in one unit while renting the others, or a developer with an eye for redevelopment in a high-demand beachside area, this property checks every box.

Don’t miss this rare income-producing gem near Siesta Key Beach with limitless potential.

Features
: Electric, Ductless
: Wall/Window Unit(s)
: Wood Burning, Living Room
: Covered, Patio, Porch
: Ground Level, Off Street
: Blinds, Double Pane Windows, Thermal Windows, Skylight(s), Low-Emissivity Windows, Insulated Windows
: Cable Available, Public, Sewer Connected, Water Connected, Underground Utilities
: Public Sewer
: Laundry Room, Common Area, Outside
: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters
: Ceramic Tile, Carpet
: Sliding Doors, Storage, Outdoor Grill, Rain Gutters, Fence
Appliances
: Dryer, Microwave, Range, Refrigerator, Washer, Dishwasher, Range Hood
Address Map
US
FL
Sarasota
Sarasota
34242
COMMONWEALTH
4859
DRIVE
W83° 26' 43''
N27° 16' 56.7''
RSF2
34242 - Sarasota/Crescent Beach/Siesta Key
Drive south on Midnight Pass Rd, turn right on Commonwealth Dr, drive .1 mile and property will be on the left.
Additional Info
HARRY ROBBINS ASSOC INC
Isaiah Miller
$0
$0
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/A4660321
1250000
2025-08-05
3
: Paved, Oversized Lot
: Two
: Slab
: Block, Frame
2780
Financial
9623
Listing Information
Marlin Yoder
281530240
281502172
HARRY ROBBINS ASSOC INC
281543262
281502172
Cash,Conventional,FHA
Active
2025-11-04T11:53:11Z
Stellar
: None
2025-08-05T17:10:42Z

4859 Commonwealth Dr, Sarasota, Florida 34242

Residential Income For Sale

3 Bedrooms
3 Bathrooms
2,222 Sqft
$1,100,000
Listing ID #A4660321
Basic Details
Listing Type : For Sale
Listing ID : A4660321
Price : $1,100,000
Bedrooms : 3
Bathrooms : 3
Square Footage : 2,222 Sqft
Year Built : 1950
Lot Size : 0.30 Acre
Listing Status : Active
Property Sub Type : Triplex
Roof : Membrane
Minimum Lease Period : 1 Month
Agent info
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