Save to Favorites
Print
Share
PRICE $1,100,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 2,222 sqft
LOT SIZE 13,068 sqft

INCOME-GENERATING TRIPLEX JUST MINUTES FROM WORLD-FAMOUS SIESTA KEY BEACH! Located in the desirable Siesta Beach neighborhood on Siesta Key, this opportunity to own Tangerine Dream offers incredible potential for investors, vacation rental owners, or anyone seeking a coastal lifestyle with income potential. This well-maintained triplex features three individual 1-bedroom, 1-bath units, totaling 2,222 of living square feet on a spacious 13,014 sq ft lot. Constructed in 1950, the property has been thoughtfully updated over the years including; a new roof, all new impact windows, and a new breaker system in 2019. A detached storage shed, provides extra space for storage or beach gear. Perfectly situated just half a mile from the powdery white sands of Siesta Key Beach, consistently ranked America's #1 Beach. The location is walkable and bike-friendly, with convenient access to Siesta Village's shopping, dining, and nightlife. Other nearby attractions include Turtle Beach offering endless opportunities for outdoor recreation like kayaking and paddleboarding. Positioned within a golf cart-friendly zone and free from HOA or deed restrictions, this property offers outstanding flexibility and strong short- and long-term rental potential. Whether you're an Airbnb or vacation rental investor seeking prime coastal cash flow, a multifamily buyer planning to live in one unit while renting the others, or a developer with an eye for redevelopment in a high-demand beachside area, this property checks every box. Don't miss this rare income-producing gem near Siesta Key Beach with limitless potential.

DAYS ON MARKET 133 LAST UPDATED 11/1/2025
TRACT SIESTA BEACH YEAR BUILT 1950
COMMUNITY 34242 - Sarasota/Crescent Beach/Siesta Key COUNTY Sarasota
STATUS Active PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Nov 1, '25 $1,250,000
Nov 1, '25 - Today $1,100,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
AREA 34242 - Sarasota/Crescent Beach/Siesta Key
CONSTRUCTION Block, Frame
EXTERIOR Outdoor Grill, Rain Gutters, Storage
FIREPLACE Yes
HEAT Ductless, Electric
INTERIOR Built-in Features, Stone Counters
LOT 0.3 acre(s)
LOT DESCRIPTION Paved
PARKING Off Street
SEWER Public Sewer
STORIES 2
SUBDIVISION SIESTA BEACH
TAXES 9623
UTILITIES Cable Available, Sewer Connected, Underground Utilities, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 4859 COMMONWEALTH DRIVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Lee Valdes to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Isaiah Miller, HARRY ROBBINS ASSOC INC, 941-924-8346
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/16/25 6:33 AM PST.

This IDX solution is (c) Diverse Solutions 2025.