by Global Lifestyle Properties

See Home Value
Siesta Key 34242 Siesta Beach
4947 Commonwealth DRIVE
$1,975,000
● House - Off Market

4947 Commonwealth DRIVE

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,744 Ft²
$11,458
Est. Monthly
1.49%
Cap Rate

About This Property

This 4 bedroom, 4.5 bathroom home is the perfect place to vacation where you live. Situated on Siesta Key, this West Indies style home is a tropical retreat; and, with four en-suite bedrooms, is large enough for you and your guests. The main level boasts a soaring foyer. As you enter you will be delighted by the warmth of the refinished hard wood floor, and the light space that welcomes you home. The living room features a high ceiling, a dual sided ceiling fan and high windows flooding the room with filtered sunshine. The cozy gas fireplace makes this the perfect spot to gather with friends on a lovely cool Florida evening. The formal dining room has tray ceilings. The spacious center Island gourmet kitchen, with new gas cooktop, features slab granite counters, stainless appliances, wine cooler and a chef's desk. Walk upstairs or take the elevator to the master suite. This space, with three walk-in closets, a wet bar, and balcony overlooking the lush back yard is a tranquil sanctuary. Imagine retreating here after a day on the world-renowned Siesta Key Beach. Luxuriate and recharge in the master bath with granite, travertine, 7 head shower, and soaking tub. Step outside and you will find the outdoors are as compelling as the inside. Beautifully designed with a large, heated swim-spa, this is the perfect place to end another gorgeous day in Paradise. Meticulously maintained, and built to high standards, this home has impact windows all around, a full house fire extinguishing system and top of the line finishes. The oversized garage has room for 2-3 cars, a work area, and offers plenty of storage. Located just minutes from the beach, the proximity to downtown Sarasota makes it easy to take advantage of all the dining, shopping, cultural and recreational offerings of the area. This unique home is an incredible find for those who want to live a distinguished Gulf Coast lifestyle!
Unit Size
3,744 Ft²
Days on Market
271 days
Land Size
0.12 acres
Price per sqft
$561
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
2007

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Last updated: 3 years ago (Stellar MLS #A4590200)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Sold
Jun 15, 2024 In contract -
In contract
Nov 22, 2023 Listed by COLDWELL BANKER REALTY $2,099,000
Listed by COLDWELL BANKER REALTY
Jun 20, 2022 No longer available -
No longer available
May 3, 2022 Relisted $2,300,000
Relisted
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Property Highlights

Garage
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: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 722
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 5,416
  • Total Building Area: 4,466
  • Gross Building Area: 4,466
  • Building Area: 3,744
  • Building Area Measurement: L

    Heating and Cooling

  • 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 23, BLK 21, SIESTA BEACH, SUBJECT TO 5 FT UTILITY EASEMENT TO SARASOTA COUNTY DESC IN ORI 2005235726

Neighborhood

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

Zoning

  • Zoning: RSF2

Geography

  • Account Number: 0081070038
  • Subdivision Tract Number: 396
  • Parcel: 0081-07-0038
  • Block: 21
  • Lot: 23
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2804
  • Longitude: -82.5532

    Address

  • Full Address: 4947 Commonwealth Dr
  • Address - House Number: 4947
  • 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: 5,060
  • Tax Year: 2023
  • Tax Amount: $1,574,530
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 93
  • Final Value: 2,071,458
  • High Value: 2,241,374
  • Low Value: 1,901,543

    Market Valuation

  • Market Total Value: $1,505,300
  • Market Land Value: $393,700
  • Market Improvement Value: $1,111,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,505,300
  • Assessed Land Value: $393,700
  • Assessed Improvements Value: $1,111,600

    Sales

  • Current Sale Contract Date: Jun 28, 2013
  • Current Sale Recording Date: Jul 01, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013091496
  • Previous Sale Recording Date: Jun 04, 2008
  • Previous Sale Contract Date: May 30, 2008
  • Previous Sale Amount: $1,022,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 4947 Commonwealth Drive built and last sold?
The property at 4947 Commonwealth Drive was built in 2007 and last sold on Jun 28, 2013 for $1,099,000.
How much is this home worth?
The estimated value of the home located at 4947 Commonwealth Drive is $0.
What are some comparable homes to 4947 Commonwealth Drive?
There are currently no comparable homes to 4947 Commonwealth Drive.