When was property at 4949 Commonwealth Drive built and last sold?

The property at 4949 Commonwealth Drive was built in 2017 and last sold on Feb 3, 2023 for $1,214,000.

How much is this home worth?

The estimated value of the home located at 4949 Commonwealth Drive is $1,106,859.

What are some comparable homes to 4949 Commonwealth Drive?

There are currently no comparable homes to 4949 Commonwealth Drive.

Siesta Key

34242

Siesta Beach

4949 Commonwealth DRIVE

$1,100,000

● House - Off Market

4949 Commonwealth DRIVE

SARASOTA, FL 34242

1 Bed

1 Bath

1,134 Ft²

$6,432

Est. Monthly

0.84%

Cap Rate

About This Property

High and Dry... and being sold Furnished!! This spectacular custom-designed home is the vision of award-winning designer Cheryl Gaddie. Located in the heart of Siesta Key, this contemporary home offers an open floor plan and flex space for guests or a home office. The elevated structure utilizes sustainable building materials, hurricane-rated windows, and top-of-the-line appliances. The oversized wraparound deck allows additional living space to enjoy the outdoor Sarasota lifestyle. The 10-foot ceilings, open floor plan and walls of glass make this home feel open and airy, allowing an abundance of natural light. The bathroom is accessible from the primary bedroom and the living space with two separate vanities, an oversized soaking tub and a glass-enclosed shower. An added bonus is the expansive storage underneath the home to park your cars, with plenty of extra room for kayaks, bikes, coolers and beyond. The minimalist design, elevated structure, and low-maintenance landscaping make this property ideal for both full and part-time residents alike. Being sold furnished and no storm damage.

Unit Size

1,134 Ft²

Days on Market

45 days

Land Size

0.13 acres

Price per sqft

$970

Property Type

House

Property Taxes

$1,030

HOA Dues

Year Built

2017

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4627667)

Price History

Date / Event	Date	Event
Dec 16, 2024	Sold	Premium
Sold
Nov 7, 2024	In contract	-
In contract
Nov 1, 2024	Listed by MICHAEL SAUNDERS & COMPANY	$1,100,000
Listed by MICHAEL SAUNDERS & COMPANY
Feb 3, 2023	Sold	Premium
Sold
Dec 2, 2022	Listed by MICHAEL SAUNDERS & COMPANY	$1,280,000
Listed by MICHAEL SAUNDERS & COMPANY
Sep 15, 2021	Sold	Premium
Sold
Aug 13, 2021	Listed by MICHAEL SAUNDERS & COMPANY	$859,000
Listed by MICHAEL SAUNDERS & COMPANY
Sep 24, 2018	Sold	Premium
Sold
Oct 15, 2014	Sold	Premium
Sold

Property Highlights

Parking Available

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2017

Effective Year Built: 2017
Building Count: 1
Total Rooms: 5
Bedroom Count: 1
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 2
Building Condition: 0
Building Quality: 4
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 6
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 1,134
Parking Space Count: 0
Patio Type: 0
Porch Type: 102
Pool Type: 0
Location Influence Type: 113

Dimensions

Lot Size Square Feet: 5,839

Total Building Area: 1,134
Gross Building Area: 1,134
Building Area: 1,134
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,134
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SIESTA BEACH
Land Acres: 0000000134
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 24, BLK 21, SIESTA BEACH

Neighborhood

School District Name: Sarasota County School District

School Tax School District: L018 A055 G054
Census Tract: 001904

Zoning

Zoning: RSF2

Geography

Account Number: 0081100020

Parcel: 0081-10-0020
Block: 21
Lot: 24
Meridian: SEC 12 TWN 37S RNG 17E
Municipality: SARASOTA COUNTY
Latitude: 27.2803
Longitude: -82.5531

Address

Full Address: 4949 Commonwealth Dr

Address - House Number: 4949
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: 4,520

Tax Year: 2023
Tax Amount: $1,235,771
Tax Rate Code Area: 1800

Appraisal Valuation

Standard Deviation: 0.1931

Valuation Date: Jan 10, 2024
Confidence Score: 74
Final Value: 1,252,606
High Value: 1,494,490
Low Value: 1,010,723

Market Valuation

Market Total Value: $1,037,600

Market Land Value: $412,800
Market Improvement Value: $624,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,037,600
Assessed Land Value: $412,800
Assessed Improvements Value: $624,800

Sales

Current Sale Contract Date: Feb 03, 2023

Current Sale Recording Date: Feb 03, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 18892
Previous Sale Recording Date: Sep 15, 2021
Previous Sale Contract Date: Sep 15, 2021
Previous Sale Amount: $859,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Siesta Beach

Stats & Trends

Median Asking:

$1,699,500

Sale Price/ft²

$740

Below Asking

0.02%

Average Days on Market

Average Home Size

2643 ft²

Average Home Age

39.3 years

Currently For Sale

27 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3835 Almeria Avenue, SARASOTA, FL, 34239

$1,800 /mo

2 Beds
1 Bath
925 ft²

3835 Almeria Avenue #C3, SARASOTA, FL, 34239 Listing by Richard Dear

Unit for rent at 2137 Roselawn Street, SARASOTA, FL, 34231

$1,795 /mo

3 Beds
2 Baths
920 ft²

2137 Roselawn Street #A, SARASOTA, FL, 34231 Listing by Todd Roughton

Unit for rent at 2084 Grove Street, SARASOTA, FL, 34239

$2,000 /mo

1 Bed
1 Bath
431 ft²

2084 Grove Street #B, SARASOTA, FL, 34239 Listing by Kari Klein

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Barbara May
MICHAEL SAUNDERS & COMPANY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4627667

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

4949 Commonwealth DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Siesta Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions