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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 Details
Price: $2,200,000
Sq Ft: 3,195
($689 per
sqft)
Bedrooms: 5
Bathrooms: 3
City: Sarasota
County: Sarasota
Type: Single Family
Development: Siesta
Subdivision: Siesta Rev Of
Acres: 0.3500
Virtual Tour/Floorplan:
View
Year Built: 2004
Listing Number: A4686192
Status Code: A-Active
Taxes: $24,862.00
Tax Year: 2025
Garage:
3
/
Y
Furnishings: Turnkey
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
Financial Information:
Taxes: $24,862.00
Tax Year: 2025
Exterior Features:
Balcony
French Doors
Hurricane Shutters
Lighting
Outdoor Grill
Outdoor Kitchen
Outdoor Shower
Private Yard
Rain Gutters
Equipment:
Bar Fridge
Built-In Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
View:
Pool
School Information:
Elementary School: Phillippi Shores Elementary
Middle School: Sarasota Middle
Junior High: Sarasota Middle
High School: Sarasota High
Additional Information:
MLS Area: 34242 - Sarasota/Crescent Beach/Siesta Key
Total Square Footage: 4,654
Price per Square Feet: $688.58
Total Floors: 2
Water: Public
Construction: Block, Stucco
Date Listed: 2026-03-24 00:00:00
Pool: Y
Pool Description: Gunite, Heated, In Ground, Pool Alarm, Salt Water
Furnished: Turnkey
Windows: Shades
Parking: Driveway, Oversized
Garage Description: Y
Garage Spaces: 3
Attached Garage: Y
Flooring: Luxury Vinyl, Travertine
Roof: Tile
Heating: Central
Cooling: Central Air, Humidity Control
Fireplace: Y
Laundry: Inside, Laundry Room
Sewer: Public Sewer
Lot Desc.: Corner Lot, City Limits, Paved
Parcel ID: 2019110016
Map of 3508 La Paloma Avenue, Sarasota, FL 34242
Listing Courtesy Of: William Raveis Real Estate
robertruizrr@aol.com