Open House Sun, Aug 23rd 01:00 PM - 04:00 PM - Waterfront - Primary on Main - Eco Friendly
Address
4938 Commonwealth Drive, SARASOTA, FL
Price
$ 2,695,000
Property Attributes
- MLS#A4683758
- TypeSingle Family
- Listing Status Active
- CountySarasota
- CitySARASOTA
- AreaSarasota/Crescent Beach/Siesta Key
- NeighborhoodSIESTA BEACH
- Zip34242
- StyleFlorida
- Year Built1984
- Taxes$ 12149
- Price$ 2,695,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2169
- Lot Size0.17 Acres
Data Source:
Stellar MLS
Property Description
Prepare to be captivated by this fully renovated masterpiece, offering an unparalleled blend of modern luxury and coastal sophistication. Featuring an extra 1,300 square feet of finished, legal nonconforming space in addition to the official tax record, this property offers exceptional value at under $800/sq ft when including this spectacular bonus square footage. Perfectly designed for upscale entertaining or private relaxation, every detail of this residence has been meticulously updated with premium finishes. Don't miss the opportunity to own a turnkey oasis that truly offers more than meets the eye.
| Elementary School | Middle School | High School |
|---|---|---|
| Phillippi Shores Elementary Elementary School | Brookside Middle Middle School | Sarasota High High School |
| Price History | |
|---|---|
| 3/4/2026 | Listed $3,050,000 |
| 3/30/2026 | 5$2,900,000 |
| 5/22/2026 | 7$2,695,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Connected,Electricity Connected,Public,Underground Utilities,Water Connected |
| Roof | Shingle |
| Appliances | Bar Fridge,Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Refrigerator,Washer |
| Zoning | RSF2 |
| Garage Spaces | 2 |
| Patio/Porch Features | Covered,Deck,Rear Porch,Side Porch,Wrap Around |
| Architectural Style | Florida |
| Pool Features | Gunite,Heated,In Ground,Lighting,Solar Heat,Solar Power Pump,Tile |
| Security Features | Smoke Detector(s) |
| Construction Materials | Concrete,Stucco,Wood Frame (FSC Certified) |
| Pets Allowed | Yes |
| Year Built | 1984 |
| Electric | Photovoltaics Seller Owned |
| View | Pool,Water |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Canal - Saltwater |
| Accessibility | Accessible Elevator Installed |
| County | Sarasota |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Energy Efficient | Solar Energy Storage On Site |
| Subdivision Name | SIESTA BEACH |
| Facing Direction | East |
| Garage Y/N | true |
| Green Energy Generation | Solar |
| Total Rooms | 13 |
| Full Baths | 3 |
| Status | Active |
| Directions | From the Siesta Key Bridge turn left onto MPR at the Higel light. Turn right on the first Commonwealth Drive after crossing the Grand Canal Bridge. Property down on the right. Vacant lot beside it that can be used for additional road parking. |
| High School | Sarasota High |
| City | SARASOTA |
| Body of Water | GRAND CANAL |
| Senior Community Y/N | false |
| MLS Area | 34242 - Sarasota/Crescent Beach/Siesta Key |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7604 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Spa Features | Heated,In Ground |
| Elementary School | Phillippi Shores Elementary |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 12149.85 |
| Middle/Junior High School | Brookside Middle |
| Property Condition | Completed |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://links.us1.defend.egress.com/Warning?crId=69a49c09e807325de53fca92&Domain=michaelsaunders.com&Threat=eNpzrShJLcpLzAEADmkDRA%3D%3D&Lang=en&Base64Url=eNolx0kOgDAIAMAXIVqgLr9poaQmGhvtxd97cG5Te2_Phri3I73lrjbodeIflGzshQXIKANzYFidJphNXdTjEuL4Ad_TFGI%3D&@OriginalLink=iplayerhd.com |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 17 |
| Legal Description | LOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH |
| Water View | Canal |
| Water Access Type | Bay/Harbor,Canal - Brackish,Canal - Saltwater,Intracoastal Waterway |
| Minimum Lease | 1 Month |
| Water Access Y/N | true |
| Additional Rooms | Bonus Room,Family Room,Great Room,Inside Utility,Media Room |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | false |
| DockY/N | true |
Interior Features
| Interior Amenities | Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Elevator,High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Surface Counters,Split Bedroom,Stone Counters,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments |
|---|---|
| Flooring | Laminate,Porcelain Tile |
| Furnished Y/N | Unfurnished |
| Fireplace Features | Electric,Living Room,Ventless |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Blinds,Double Pane Windows,Shades,Thermal Windows |
| Fireplace Y/N | true |
| Half Baths | 1 |
| Laundry Features | Electric Dryer Hookup,Inside,Laundry Room,Upper Level |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Garden,Irrigation System,Lighting,Permeable Paving |
|---|---|
| Vegetation | Trees/Landscaped |
| Parking Features | Garage Door Opener,Golf Cart Parking,Ground Level,Oversized,Parking Pad,Under Building |
| Lot Features | Flood Insurance Required,FloodZone,In County,Landscaped |
| Water Source | Public |
| Lot Size Area | 7604 |
| Foundation Details | Slab,Stilt/On Piling |
| Spa | true |
| Building Area Total | 4827 |
| Lot Size Acres | 0.17 |
| Road Surface Type | Paved,Asphalt |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
| Road Frontage Type | Street Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34242
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on August 22, 2026 8:32 PM UTC
