508 Siesta Drive, Sarasota, FL 34242
- $2,400,000
- 3
- BD
- 3
- BA
- 2,943
- SqFt
- Sold Price
- $2,400,000
- List Price
- $2,499,000
- Status
- Sold
- Days on Market
- 389
- Closing Date
- Jan 29, 2026
- MLS#
- A4632039
- Property Style
- Single Family
- Year Built
- 1994
- Bedrooms
- 3
- Bathrooms
- 3
- Baths Half
- 1
- Living Area
- 2,943
- Lot Size
- 15,067
- Acres
- 0.35
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Bay Island Shores
- Community Name
- Bay Island Shores
- MLS Area Major
- 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 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.
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Additional Information
- Taxes
- $10051
- Minimum Lease
- 1 Week
- Location
- Flood Insurance Required, FloodZone, City Limits, Oversized Lot, Sidewalk, Paved
- Community Features
- None, No Deed Restriction
- Property Description
- Two Story
- Zoning
- RSF1
- Interior Layout
- Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Interior Features
- Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Floor
- Tile, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Fireplace Description
- Gas
- Exterior Construction
- Block, Stucco
- Exterior Features
- Balcony, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Storage
- Roof
- Tile
- Foundation
- Slab
- Pool
- Private
- Pool Type
- Deck, Gunite, In Ground, Screen Enclosure
- Garage Carport
- 4 Car Garage
- Garage Spaces
- 4
- Water Extras
- Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall - Concrete
- Water View
- Canal
- Water Access
- Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
- Water Frontage
- Canal Front
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 2019100010
- Legal Description
- LOT 24 BAY ISLAND SHORES UNIT 1
Listing courtesy of PREMIER SOTHEBYS INTL REALTY. 941-907-9541
Selling Office: CORCORAN DWELLINGS REALTY.Mortgage Calculator
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