4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

$2,695,0004 Beds4 Baths2,169 Sq. Ft.$1,243 / sq. ft.

SARASOTA, FL 34242 · MLS# A4683758 · Active · SIESTA BEACH

Status
Active
Type
Single Family Residence
Year Built
1984
Days on Market
156
Lot Size
7,604 sqft
MLS #
A4683758
County
Sarasota

Description of 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

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.

Property Details for 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Bathrooms Full
3
Bathrooms Half
1
Interior Features
Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space 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
Appliances
Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring
Laminate, Porcelain Tile
Heating
Central, Electric
Cooling
Central Air
Furnished
Unfurnished
Architectural Style
Florida
Garage Spaces
2
Attached Garage
Yes
Parking Features
Garage Door Opener, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Under Building
Pool Features
Gunite, Heated, In Ground, Lighting, Solar Heat, Solar Power Pump, Tile
Pool Private
Yes
Property Condition
Completed
Direction Faces
East

Building Information for 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Building Area Total
4827
Building Area Units
Square Feet
Stories Total
1
Association
No
Pets Allowed
Yes
Security Features
Smoke Detector(s)

Property Information for 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Lot Features
Flood Insurance Required, FloodZone, In County, Landscaped
Lot Size Square Feet
7,604
Waterfront
Yes
Waterfront Features
Canal - Saltwater
View
Pool, Water
Construction Materials
Concrete, Stucco, Wood Frame (FSC Certified)
Roof
Shingle
Exterior Features
Garden, Irrigation System, Lighting, Permeable Paving
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Parcel Number
0081070011
Tax Annual Amount
$12,150
Tax Year
2025
Tax Legal Description
LOT 17 & TH N 10 FT OF LOT 18 BLK 22 SIESTA BEACH
Zoning
RSF2
County Or Parish
Sarasota

Schools Near 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$15,988/mo
Principal & Interest
$13,627
Property Taxes
$1,013
Home Insurance
$1,348

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242 · See all Sarasota homes for sale

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More information about 4938 COMMONWEALTH DRIVE, SARASOTA, FL 34242

4938 COMMONWEALTH DRIVE is a single family home for sale in SARASOTA, FL 34242. This property was listed for sale on February 24, 2026 by MICHAEL SAUNDERS & COMPANY, it's currently listed at $2,695,000. This listing's school district is Sarasota Public Schools. Nearby schools include Phillippi Shores Elementary, Brookside Middle and Sarasota High. 4938 COMMONWEALTH DRIVE is a 4-bed, 4-bath, 2,169 sqft single family home built in 1984.