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3508 LA PALOMA AVE,  SARASOTA, FL 34242

MLS# A4686192.  5 beds.  3.0 baths.  Single Family Home.  Active

$24,862 in taxes (2025)

$2,200,000   Reduced by $50,000 (2.3%)

 

Remarks:

Price Reduced! Spacious island living, strong weekly rental income, and a prime north Siesta Key location come together in this beautifully maintained 5-bedroom, 3-bath furnished home just steps from beach access No. 1 at Shell Road on Big Pass. Built above base flood elevation of 11 feet, this property offers a valuable advantage on Siesta Key, along with the comfort, privacy, and usability today’s buyers are looking for. Fully gated and walled, the home sits on a generous lot surrounded by lush tropical landscaping, with an oversized 3-car garage and large paver driveway providing ample space for vehicles, beach gear, and a golf cart. Inside, the home offers large, open living spaces ideal for gathering and entertaining, featuring 12-foot ceilings, crown molding, arched openings, travertine flooring, and a spacious living room with gas fireplace. The kitchen includes stainless steel appliances, oak cabinetry, a breakfast nook overlooking the backyard oasis, and easy flow to the separate dining area and main living spaces. French doors open to a large terrace overlooking the tropical backyard, while an additional side terrace offers a private place to relax. The main-floor primary suite is a standout, offering direct terrace access, an oversized bedroom, two walk-in closets, and a luxurious en-suite bath with dual vanities, soaking tub, walk-in shower, and floor-to-ceiling travertine. Two additional bedrooms and a full bath are also located on the first floor, creating a functional and flexible layout. Upstairs, two generous guest bedrooms, a full bath, and a wet bar with beverage fridge provide an ideal retreat for visitors, with one bedroom opening to a private terrace overlooking the backyard. Designed for indoor-outdoor island living, the backyard is a true tropical oasis with mature landscaping, a heated saltwater pool with fountain, paver deck, large turf area, outdoor shower, and an exceptional tiki hut bar and outdoor kitchen complete with a built-in gas grill, two bar fridges, and porcelain countertops. An additional fenced side yard offers extra space for pets or outdoor enjoyment. Offered turn-key furnished, with a five-bedroom layout, generous lot size, multiple terraces, abundant storage, central vacuum, and expected 2026 rental income of $190, 000. This home is an outstanding opportunity for those seeking a private Siesta Key retreat, income-producing investment, or both. Ideally located near world-renowned Siesta Key Beach and just a short drive to downtown Sarasota’s restaurants, shopping, and cultural attractions, this property offers the best of island living with convenience, comfort, and flexibility.

Quick Info:

  • Listing is courtesy Of: WILLIAM RAVEIS REAL ESTATE ((941-867-3901))
  • Listing Agent: Robert Ruiz ((941-544-3299))
  • Days on yellowkey: 105
  • Property Type: Single Family Home
  • Beds: 5
  • Baths: 3.0
  • Living Area Square Feet: 3195
  • Built 2004
  • Taxes: $24,862 (2025)
  • Spa: No
  • Garage Spaces:3 ()
  • Square Feet: 4654
  • Fees: $0
  • Sarasota County
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  • Occupancy Information: Tenant
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  • Subdivision Name: SIESTA REV OF
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  • Interior Features: Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
6/22/2026Sale90A4686192Price Change$2,200,000-2.22%472.7116MLS
3/24/2026Sale0A4686192listed for sale$2,250,000-483.4550MLS




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