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$2,695,000
$1,243/sqft12% reduced
HOA: NoneTaxes: $12,150/yr156d on market

Siesta Beach

4938 COMMONWEALTH DR, SARASOTA, FL, 34242

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4 Beds|4 Baths|2,169 Sq Ft|Built 1984|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Waterfront & Dock
Waterfront
Canal - Saltwater
Water Frontage
62 ft
Water Body
GRAND CANAL
Dock
Yes
Year Built
2018
Dimensions
0
Description
Dock - Composite, Dock - Open, Dock W/electric, Dock W/water Supply, Lift
Lift Capacity
0 lbs
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 12% ($355,000 off original)
  • 156+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

"Prepare to be captivated by this fully renovated masterpiece, offering an unparalleled blend of modern luxury and coastal sophistication. Featuring an extra 1,300 square feet of finished, legal nonconforming space in addition to the official tax record, this property offers exceptional value at under $800/sq ft when including this spectacular bonus square footage. Perfectly designed for upscale entertaining or private relaxation, every detail of this residence has been meticulously updated with premium finishes. Don't miss the opportunity to own a turnkey oasis that truly offers more than meets the eye."

Subdivision
SIESTA BEACH
County
Sarasota
Zip Code
34242
Community
Siesta Beach

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
2,169 sqft
Construction
Concrete, Stucco, Frame
Roof
Shingle
Flooring
Laminate, Tile
Pool
Yes
HOA
None
  • Built-in Features
  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Living Room/dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Primarybedroom Upstairs
  • Solid Surface Counters
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-in Closet(s)
  • Window Treatments
  • Garden
  • Lighting
  • Permeable Paving
  • Bar Fridge
  • Built-in Oven
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Refrigerator
  • Washer
  • Electric Dryer Hookup
  • Inside
  • Laundry Room
  • Upper Level
  • Covered
  • Deck
  • Rear Porch
  • Side Porch
  • Wrap Around
  • Flood Insurance Required
  • Floodzone
  • In County
  • Landscaped
  • Paved
  • Bb/hs Internet Available
  • Cable Connected
  • Electricity Connected
  • Public
  • Underground Utilities
  • Water Connected
Bedrooms
4
Bathrooms
4
Year Built
1984
Construction
Concrete, Stucco, Frame
Flooring
Laminate, Tile
Roof
Shingle
Garage Spaces
2
Cooling
Central Air
Heating
Central, Electric
Waterfront
Yes
Pet Restrictions
Yes
Lot Size
0.17 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$12,150
No HOA fees on this listing.
Down Payment20% — $539,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$13,627
HOA Fee
$0
Est. Property Tax
$1,012
Est. Insurance
$898
Total Est. Monthly Cost$15,538

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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