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508 Siesta Drive

Sarasota, FL 34242
  • $2,950,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: A4632039
UPDATED: 197 min ago
$2,950,000
  • 3
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,943
    SQFT
  • $1,002
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1994
County:

School Ratings & Info

Description

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 2018truly 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 saunacatering 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 amenitiesyour coastal dream awaits.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-03-17T23:44:39.013.
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508 Siesta Drive Sarasota, FL 34242

  • Price: $2,950,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 197 min ago
  • MLS #: A4632039
3
Beds
2
Baths
1
½ Baths
0.35
Acres
2,943
SQFT
$1,002
$/SQFT
1994
Built
Neighborhood:
Bay Island Shores
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Property Description
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 2018truly 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 saunacatering 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 amenitiesyour coastal dream awaits.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 2 Direction Faces Northwest Exterior Features BalconyIrrigation SystemPrivate MailboxRain GuttersSidewalkSliding DoorsStorage Foundation Details Slab Lot Features Flood Insurance RequiredFloodZoneCity LotOversized LotSidewalk Patio And Porch Features DeckRear PorchScreened Pool Features DeckGuniteIn GroundScreen Enclosure Pool Private Yn Yes Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Tile Spa Features HeatedIn Ground Spa YN Yes View Water Water Access Bay/HarborCanal - SaltwaterGulf/OceanGulf/Ocean to BayIntracoastal Waterway Water Access Yn Yes Water Extras Bridges - No Fixed BridgesLiftSailboat WaterSeawall - Concrete Water Extras Yn Yes Water View Canal Water View Yn Yes Waterfront Features Canal Front Waterfront Feet Total 60 Waterfront Yn Yes

Interior Features

Accessibility Features Accessible Elevator Installed Additional Rooms Great RoomInside Utility Appliances Built-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRefrigeratorWasher Building Area Total 6544 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Features Gas Fireplace Yn Yes Flooring TileHardwood Furnished Furnished Heating Central Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Crown MoldingElevatorHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomWalk-In Closet(s)Window Treatments Laundry Features InsideLaundry Room Levels Two Rooms Dining Room Living Room Primary Bedroom (Walk-In Closet(s)) Bedroom 2 (Built-in Closet) Bedroom 3 (Built-in Closet) Kitchen Family Room Balcony/Porch/Lanai Utility Room Game Room Workshop Bonus Room (No Closet) Balcony/Porch/Lanai Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Property is within the Sarasota City Limits and allows weekly rentals. City has new process Association Approval Required Yn No Association Yn No Cdd Yn No Community Features None Down Payment Resource No Flood Zone Code AE Garage Yn Yes Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Week New Construction Yn No Ownership Fee Simple Pets Allowed Cats OKDogs OKYes Property Condition Completed Property Sub Type Single Family Residence Realtor Info As-IsBrochure AvailableDocs AvailableSign Required Remarks One or more photo(s) has been virtually staged. Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Bay Island Shores Tax Annual Amount 10051 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RSF1


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of PREMIER SOTHEBYS INTL REALTY: 941-907-9541.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-03-17T23:44:39.013.
 
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