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    4859 Commonwealth Dr Sarasota, FL 34242

    For Sale
    $1,100,000

    Triplex - SARASOTA, FL

    Type:Triplex
    Property size:
    2,222 SF
    Lot size:
    0.30 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 4859 Commonwealth Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    RSF2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    APN
    0081020038
    Parking features
    Off Street
    Pets allowed
    No
    Interior features
    Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters
    Exterior features
    Paved, Fence, Outdoor Grill, Rain Gutters, Sliding Doors, Storage
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    2,222 SF
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Ductless (Heating), Electric (Heating), Fireplace(s)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    3
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Block, Frame
    Roof type
    Membrane
    Architectural style
    Other
    Additional Structures
    Storage

    Harry E. Robbins Assoc. Inc (941) 921-5351 [email protected]

    Listing agent Isaiah Miller (941) 924-8346 License #3598086

    Listing date Nov 1, 2025

    MLS# A4660321 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Siesta Key Triplex Investment Opportunity

    Located in the Siesta Beach neighborhood on Siesta Key, this triplex offers potential for investors, vacation rental owners, or those seeking a coastal lifestyle with income opportunities. Constructed in 1950, this well-maintained property features three individual 1-bedroom, 1-bath units, totaling 2,222 square feet of living space on a 13,014 sq ft lot. Updates include a new roof, new impact windows, and a new breaker system in 2019. A detached storage shed provides extra space. Situated half a mile from Siesta Key Beach, the location is walkable and bike-friendly, with convenient access to Siesta Village’s shopping, dining, and nightlife. Nearby attractions include Turtle Beach, offering 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 flexibility and rental potential. This property is located in Sarasota, FL 34242.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.554727
    Latitude
    27.28243

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    FAQs

    What type of property is this?
    Triplex - Income-generating triplex near Siesta Key Beach with rental potential.
    Where is this triplex located?
    The property is located at 4859 Commonwealth Dr Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Income-generating triplex in a desirable Siesta Key location.; - Just half a mile from Siesta Key Beach, consistently ranked America’s #1 Beach.; - No HOA or deed restrictions, offering outstanding flexibility for rentals or redevelopment.
    (941) 924-8346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4859 Commonwealth Dr Sarasota, FL 34242
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