4879 COMMONWEALTH DRIVE

Property Details

Description

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.

Facts & Costs

Property type

Single Family Residence

Year built

1957

Lot size

0.25 acres

Price per sq ft

$929

Days on market

8

Private pool

Yes

Waterfront

No

Community

Siesta Beach

Subdivision

SIESTA BEACH

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$8,658 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Central, Electric

Cooling

Central Air, Zoned

Flooring

Tile

Roof

Membrane

Construction

Frame, Wood Siding

Parking

Circular Driveway, Driveway, Guest, Oversized

Payment Estimate

$12,225 / month

Principal & interest

$11,504

Property taxes

$722

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Bar Fridge
• Built-In Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Exhaust Fan
• Microwave
• Range Hood
• Refrigerator
• Washer
• Wine Refrigerator
• Accessibility 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)
• Lighting
• Outdoor Grill
• Private Entrance
• Private Mailbox
• Private Yard
• Rain Gutters
• Child Safety Fence
• Gunite
• Heated
• In Ground
• Salt Water
• Screen Enclosure
• Tile