Price Reduction - Views
Address
4901 Commonwealth DRIVE, SARASOTA, FL
Price
$ 1,398,888
Property Attributes
  • MLS#T3515179
  • TypeSingle Family
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota-Crescent Beach-Siesta Key
  • NeighborhoodSiesta Beach
  • Zip34242
  • StyleMid-Century Modern
  • Year Built1957
  • Taxes$ 12799
  • Price$ 1,398,888
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1523
  • Lot Size11,761 SqFt
Data Source:
Stellar MLS
Property Description

This beautifully renovated property was just completed in 2024 ! The home was a humble project of Ralph A. Erickson in his earliest years as an Architect who lived on Siesta Key right down the road from Victor Lundy, Sarasota School of Architecture. Erickson studied under renowned architect Miles van der Rohe & designed several homes, commercial buildings including the county courthouse as part of the Sarasota School of Architecture movement. Erickson’s recognition is of an international stage, the architect selected to design the Air Force base in Israel in the 1978 Camp David Accords & honored for his technical contribution in the Mideast peace process. Lock Off Floor Plan. What’s a lock off floor plan you say? A versatile floor plan for a primary, second home or investor owner allowing it to be rented as 2 separate units. This design accommodates a 1 bd/1ba/full kitchen unit and/or a 2 bd/1 ba/kitchenette unit with separate entrances & each with their own driveway for parking. Additionally, the design accommodates the ability to lock off the primary owners bedroom & bathroom keeping the owners personal belongings not accessible to renters renting the other parts of the dwelling. Siesta Beach subdivision -No HOA. New CHA mini-split unit system in 2022 with no ugly ductwork visible to respect the midcentury aesthetics. The air handlers are disguised by their dual purpose as displays for your personal art or photos. Skip the 14 month process to add a pool with 2 modern designed pool plans approved already by the county for the new owner to utilize. Recent updates include: New insulation & drywall replaced in 2022-2023, New Hurricane Impact Windows December 2023, New Hurricane Impact Exterior Smart Lock Doors 2023, Walk Around Concrete sidewalk under covered roof and dual driveways in 2023, Original Terrazzo floors restored in 2023, All new interior solid wood doors in 2024, Low to no maintenance landscaping & shell completed in 2023, No longer available original Ocala block repurposed at front entrance & backyard fire pit circle, Double Extra large lot for outdoor enjoyment, 2 outdoor showers with hot & cold water, Lemon, Lime, Banana, Tangerine and Peach Tree added in 2022, New Roof in November 2023, New plumbing & electrical 2022-2023, New Kitchen Cabinets with lifetime warranty in 2023, New Bosch microwave, dishwasher, oven in 2023, Subzero refrigerator, Wolf Electric Cooktop. While not currently on the historic registry of homes; the new owner can choose to add the home as there are tax incentives for doing so. Just a quick bike or golf cart ride to the #1 Siesta Key Beach or the Village for restaurants, live music or shops.

Price History
4/5/2024 Listed $1,500,000
4/10/2024 4% - $1,447,777
4/20/2024 4% - $1,398,888

General Features

Interior Features Built-in Features,Ceiling Fan(s),Open Floorplan,Primary Bedroom Main Floor,Walk-In Closet(s)
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Other
Appliances Built-In Oven,Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer
Exterior Features Private Mailbox
Zoning RSF2
Patio/Porch Features Patio
Architectural Style Mid-Century Modern
Construction Materials Wood Frame
Year Built 1957
View Garden,Park/Greenbelt
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name SIESTA BEACH
Facing Direction West
Garage Y/N No
Total Rooms 5
Status Active
Directions !-75 S to HWY 72/Clark Rd/ Stickney Point Rd to Midnight Pass to Commonwealth Dr
City SARASOTA
Buyer Agent Compensation 2.5%
Senior Community Y/N No
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Square Feet 11586
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Commonwealth
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 12799.59
Public Remarks This beautifully renovated property was just completed in 2024 ! The home was a humble project of Ralph A. Erickson in his earliest years as an Architect who lived on Siesta Key right down the roa
Lease Considered Y/N Yes
Virtual Tour https://my.matterport.com/show/?m=oUvxrCVAyhh&brand=0&mls=1&
Days on Market 23
Standard Status Active
Tax Lot 12
Legal Description LOTS 12 & 13 BLK 21,SIESTA BEACH,ORI 2003135426
Minimum Lease No Minimum
Additional Rooms Bonus Room,Inside Utility

Interior Features

Flooring Terrazzo
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows
Fireplace Y/N No
Full Baths 2
Street Suffix DRIVE
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Parking Features Driveway,Parking Pad
Lot Features Flood Insurance Required,FloodZone
Water Source Public
Lot Size Area 11586
Foundation Details Slab
Building Area Total 2128
Lot Dimensions 50 x 117
Lot Size Acres 0.27
Road Surface Type Asphalt,Other,Paved
Lot Size Units Square Feet
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34242

Price
AVG $3.94M
$1.4M
Taxes
AVG $19,042
$12,799
Visits
AVG 1091
410
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1957