508 Siesta Drive Sarasota, FL 34242

$2,750,000
3
Beds
2.5
Baths
0.35
Acres
2,943
SQFT
934
$/SQFT
$2,750,000
3
Beds
2.5
Baths
2,943   sf
$934 / sf
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One or more photo(s) has been virtually staged. Experience the ultimate in coastal living with this two-story residence in the highly desirable Bay Island Shores on the world-renowned Siesta Key. Located in a prime waterfront setting, this all-concrete block home boasts a new tile roof in 2016 and offers unparalleled access to deep water and sailboat-friendly waters, making it the perfect haven for boating enthusiasts. The property, set on over a .35-acre lot, is nestled in a protected basin and features a newer dock with composite decking, complete with two boat lifts (12,000 and 4,500 pounds), installed in 2018—truly a boater’s paradise.The home’s elevated design places all living spaces on the second floor, ensuring captivating water views and privacy. A secure, walled gated entrance leads to a spacious garage area of nearly 3,000 square feet, offering abundant storage for vehicles, watercraft, outdoor equipment, just off the pool and spa. With room for multiple cars, golf carts, motorcycles, and kayaks, this area can also be transformed into a game room, home theater, fitness space, or sauna—catering to a variety of lifestyles and interests.Perfectly suited for both relaxation and entertaining, the home features high ceilings, crown molding, an elevator, and expansive living areas that flow effortlessly into the outdoors. A wraparound balcony, accessible from nearly every room, allows you to enjoy the island breeze and scenic surroundings, while multiple indoor and outdoor spaces provide plenty of room to host family and friends.Located on the desirable north end of Siesta Key, this property is just moments from the renowned Siesta Key Beach and the vibrant downtown Sarasota area. Additionally, being within the city of Sarasota, the property offers the flexibility of weekly rentals, making it an excellent investment opportunity. This exceptional home combines the best of island living with modern amenities—your coastal dream awaits.

One or more photo(s) has been virtually staged. Experience the ultimate in coastal living with this two-story residence in the highly desirable Bay Island Shores on the world-renowned Siesta Key. Located in a prime waterfront setting, this all-concrete block home boasts a new tile roof in 2016 and offers unparalleled access to deep water and sailboat-friendly waters, making it the perfect haven for boating enthusiasts. The property, set on over a .35-acre lot, is nestled in a protected basin and features a newer dock with composite decking, complete with two boat lifts (12,000 and 4,500 pounds), installed in 2018—truly a boater’s paradise.The home’s elevated design places all living spaces on the second floor, ensuring captivating water views and privacy. A secure, walled gated entrance leads to a spacious garage area of nearly 3,000 square feet, offering abundant storage for vehicles, watercraft, outdoor equipment, just off the pool and spa. With room for multiple cars, golf carts, motorcycles, and kayaks, this area can also be transformed into a game room, home theater, fitness space, or sauna—catering to a variety of lifestyles and interests.Perfectly suited for both relaxation and entertaining, the home features high ceilings, crown molding, an elevator, and expansive living areas that flow effortlessly into the outdoors. A wraparound balcony, accessible from nearly every room, allows you to enjoy the island breeze and scenic surroundings, while multiple indoor and outdoor spaces provide plenty of room to host family and friends.Located on the desirable north end of Siesta Key, this property is just moments from the renowned Siesta Key Beach and the vibrant downtown Sarasota area. Additionally, being within the city of Sarasota, the property offers the flexibility of weekly rentals, making it an excellent investment opportunity. This exceptional home combines the best of island living with modern amenities—your coastal dream awaits.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Sarasota
  • Area
    34242 - Sarasota/Crescent Beach/Siesta Key
  • Tax Amount
    $10,051
  • Status
    Active
  • Listing #
    A4632039
  • Built
    1994
  • Lot Size
    0.35
  • Listed on site
    227 days

Listed by:
Premier Sothebys Intl Realty

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Week

Property Features

  • Handicap Equipped
  • Sewer
  • Pets Allowed
  • Has Virtual Tour

Waterfront

  • Canal front
  • Water front

View

  • Water view
  • Canal View

Exterior features

  • Balcony
  • Deck
  • Has garage
  • Garage Attached
  • Pool
  • Pool Below Ground
  • Porch
  • Storage Buildings
  • Roof - Tile
  • Stucco

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Great Room
  • Wood Floors
  • Walk-In Closet
  • Elevator
  • Inside Laundry
  • Laundry Hookup
  • Tile - Floors
  • Washer Dryer In Unit

Style

  • Multi Level

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Apr 17, 20253 mos agoPrice decreased200,000 (7%)$2,750,000
Feb 10, 20256 mos agoPrice decreased250,000 (8%)$2,950,000
Dec 11, 20248 mos agoNew on market$3,200,000
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