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$2,200,000

3508 La Paloma Avenue Sarasota, FL 34242 Residential - Single Family Active

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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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air, Humidity Control
Fenced: Yes
Garage: 3 car attached
Heating: Central
Lot Size: 0.35 Acres
Roof Type: Tile
Stories: 2.0
Taxes: $24,862
Year Built: 2004

General Information

Bedrooms: 5
Bathrooms: 3 Full
Sqft: 3,195
County: Sarasota
High School: Sarasota High
Subdivision: SIESTA REV OF
Listed By:
Robert Ruiz WILLIAM RAVEIS REAL ESTATE 941-867-3901

Amenities

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
Balcony
French Doors
Hurricane Shutters
Lighting
Outdoor Grill
Outdoor Kitchen
Outdoor Shower
Private Yard
Rain Gutters

Room Information

Living Room: 20x24
Kitchen: 12x13
Dining Room: 14x12
Primary Bedroom: 21x16
Bedroom 2: 14x12
Bedroom 3: 13x11
Bathroom 2: 8x8
Laundry: 8.5x6
Bedroom 4: 13.5x11.5
Bathroom 3: 12x5
Balcony/Porch/Lanai: 21x8
Balcony/Porch/Lanai: 12x13
Balcony/Porch/Lanai: 12x6.5

Property Features

Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
Days on Site: 90
Directions: From S Tamiami Trl turn west on Siesta Dr, continue over bridge, then turn left onto La Paloma Ave. First house on the right.
Disaster Mitigation: Above Flood Plain, Hurricane Shutters/Windows
Exterior: Block, Stucco
Fencing: Chain Link, Fenced, Masonry, Other
Fireplace: Gas, Living Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Luxury Vinyl, Travertine
Foundation: Slab
Garage Dimensions: 25x35
Home Warranty Y/N: No
Lot: Corner Lot, City Limits, Paved
Lot Dimensions: 0.35
Other Equipment: Irrigation Equipment, Private Yard
Other Structures: Cabana
Ownership: Fee Simple
Parking: Driveway, Oversized
Parking Notes: Driveway, Oversized
Patio/Porch: Covered, Rear Porch
Pool: Gunite, Heated, In Ground, Pool Alarm, Salt Water
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Shades
Zoning: RSF2
$2,200,000
5beds
3.0baths
3,195sqft
3cars
Active Price Reduced $50,000 on June 22nd, 2026
BEDS5 BATHS3 full SQUARE FEET3,195 MLS#A4686192
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSIESTA REV OF

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3508 La Paloma Avenue, Sarasota, FL 34242.

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Estimated Payment

$ 10,133.73 per month $7,420.23 Principal & Interest $2,071.83 Property Tax $641.67 Homeowner's Insurance

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Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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