3508 La Paloma Avenue, Sarasota, FL 34242

$2,200,000
5
BD
3
BA
3,195
SqFt

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List Price
$2,200,000
Status
Active
Days on Market
125
Price Change
▼ $50,000 1782169791
MLS#
A4686192
Property Style
Single Family
Year Built
2004
Bedrooms
5
Bathrooms
3
Living Area
3,195
Lot Size
15,224
Acres
0.35
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Siesta Rev Of
Community Name
Siesta Rev
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

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.

Additional Information

Taxes
$24862
Minimum Lease
1 Week
Location
Corner Lot, City Limits, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RSF2
Interior Layout
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
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
Floor
Luxury Vinyl, Travertine
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public
Heating
Central
Air Conditioning
Central Air, Humidity Control
Fireplace Description
Gas, Living Room
Exterior Construction
Block, Stucco
Exterior Features
Balcony, French Doors, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Yard, Rain Gutters
Roof
Tile
Foundation
Slab
Pool
Private
Pool Type
Gunite, Heated, In Ground, Pool Alarm, Salt Water
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Driveway, Oversized
Garage Dimensions
25x35
Elementary School
Phillippi Shores Elementary
Middle School
Sarasota Middle
High School
Sarasota High
Fences
Chain Link, Fenced, Masonry, Other
Flood Zone Code
AE
Parcel ID
2019110016
Legal Description
LOTS 1, 2 & 3, BLK 27, LESS PORTION OF LOTS 2 & 3, DESC AS COM AT SW COR OF LOT 3, TH N-26-03-46-E 22.14 FT FOR POB TH NELY ALONG CURVE TO RIGHT 138.4 FT TH N-89-40-05-W 53.47 FT TH S-26-03-46-W

Listing courtesy of WILLIAM RAVEIS REAL ESTATE. 941-894-1255

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