by Global Lifestyle Properties

See Home Value
Siesta Key 34242 Siesta Beach
4941 COMMONWEALTH DRIVE
$1,800,000
● House - Off Market

4941 COMMONWEALTH DRIVE

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,744 Ft²
$9,922
Est. Monthly
1.92%
Cap Rate

About This Property

Welcome to your tropical beach house retreat on Siesta Key! This stunning 3 story, 4-bedroom, 4.5-bath ensuite Key West-style home was built in 2007 by a local builder as his personal residence, ensuring unmatched craftsmanship and attention to detail. An open paver driveway with lush tropical landscaping welcomes you home. Step inside to a light-filled, open-concept design where hardwood floors, high ceilings, and natural elements create a seamless connection to the outdoors.

 

The gourmet kitchen is a chef's dream, featuring white shaker cabinets and beadboard wood ceiling, granite countertops, high-end stainless-steel appliances, two wine coolers, and gas cooktop. The spacious center island is perfect for entertaining, while the adjoining formal dining room boasts elegant bamboo ceilings and niches to display your art. Relax in the living room, complete with a gas fireplace, Bose sound system, and celestial windows that bathe the space in natural light. A gallery hallway leads to 2 ensuite bedrooms with French doors that open to outdoor deck.

 

Take the elevator or staircase to the master suite, a true sanctuary with a bamboo tray ceiling, three walk-in closets, a wet bar, gas fireplace, and a private screened balcony overlooking the lush backyard. The spa-like master bath in shell stone and granite offers dual vanities, a Jacuzzi tub, 7-head shower, and private toilet. And the adjacent den provides the perfect space for a full home office, gaming, or just relaxation with a private balcony. The separate fourth ensuite bedroom could also serve as a workout room, baby room, or extra office.

 

Designed for both comfort and peace of mind, this home features impact windows and doors, multi-floor generator, whole house water filter system and a built-in fire sprinkler and alarm system.

 

Outdoor living is just as impressive, from a finished bonus room plus bath, to the spacious deck and a summer kitchen, all within a private, landscaped oasis. The oversized garage accommodates 2 cars plus a work area and even more amazing storage.

 

Located just minutes from Siesta Key Beach-ranked #1 in America-and a short drive to downtown Sarasota's world-class dining, shopping, and cultural attractions, this exceptional home offers the best of coastal living. Don't miss your chance to own this island paradise!
Unit Size
3,744 Ft²
Days on Market
100 days
Land Size
0.12 acres
Price per sqft
$494
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
2007

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4644708)

Price History

Date / Event Date Event Price
Jun 23, 2025 Sold
Sold
Mar 19, 2025 In contract -
In contract
Mar 14, 2025 Listed by COLDWELL BANKER REALTY $1,850,000
Listed by COLDWELL BANKER REALTY

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 516
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 5,416
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,260
  • Gross Building Area: 4,260
  • Building Area: 3,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA BEACH
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 22, BLK 21, SIESTA BEACH, SUBJECT TO 5 FT UTILITY EASEMENT TO SARASOTA COUNTY DESC IN ORI 2005235725

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 A055 F052
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0081070037
  • Subdivision Tract Number: 396
  • Parcel: 0081-07-0037
  • Block: 21
  • Lot: 22
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2805
  • Longitude: -82.5532

    Address

  • Full Address: 4941 Commonwealth Dr
  • Address - House Number: 4941
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C095
  • 4-Digit Zip Code: 1421
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 6,136
  • Tax Year: 2023
  • Tax Amount: $971,848
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 2,261,230
  • High Value: 2,691,871
  • Low Value: 1,830,588

    Market Valuation

  • Market Total Value: $1,501,600
  • Market Land Value: $393,700
  • Market Improvement Value: $1,107,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,705

    Sales

  • Current Sale Contract Date: Jun 26, 2007
  • Current Sale Recording Date: Jun 29, 2007
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007103638
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Siesta Beach


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Frequently Asked Questions

When was property at 4941 Commonwealth Drive built and last sold?
The property at 4941 Commonwealth Drive was built in 2007 and last sold on Jun 26, 2007 for $0.
How much is this home worth?
The estimated value of the home located at 4941 Commonwealth Drive is $1,944,175.
What are some comparable homes to 4941 Commonwealth Drive?
There are currently no comparable homes to 4941 Commonwealth Drive.