OPEN SUN 1PM - 4PM
$450K PRICE DROP
508 Siesta Dr Sarasota, FL 34242
Estimated payment $16,026/month
Total Views
8,304
3
Beds
2.5
Baths
2,943
Sq Ft
$934
Price per Sq Ft
Highlights
- 60 Feet of Canal Waterfront
- Dock has access to electricity
- Boat Lift
- Phillippi Shores Elementary School Rated A
- Water access To Gulf or Ocean
- Screened Pool
About This Home
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.
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-907-9541 License #3051305 Listed on: 12/11/2024
Open House Schedule
-
Sunday, August 03, 20251:00 to 4:00 pm8/3/2025 1:00:00 PM +00:008/3/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,051
Year Built
- Built in 1994
Lot Details
- 0.35 Acre Lot
- 60 Feet of Canal Waterfront
- Home fronts a canal
- Northwest Facing Home
- Oversized Lot
- Irrigation Equipment
- Property is zoned RSF1
Parking
- 4 Car Attached Garage
Home Design
- Elevated Home
- Bi-Level Home
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,943 Sq Ft Home
- Open Floorplan
- Furnished
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Living Room
- Dining Room
- Bonus Room
- Game Room
- Workshop
- Inside Utility
- Utility Room
- Canal Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
Pool
- Screened Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Fence Around Pool
- Pool Deck
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- No Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Dock has access to electricity
- Deeded Boat Dock
- Dock made with Composite Material
- Balcony
- Deck
- Screened Patio
- Outdoor Storage
- Rain Gutters
- Private Mailbox
- Rear Porch
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Bay Island Shores Community
- Bay Island Shores Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 24
- Assessor Parcel Number 2019100010
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,051 | $692,796 | -- | -- |
| 2023 | $10,051 | $672,617 | $0 | $0 |
| 2022 | $9,836 | $653,026 | $0 | $0 |
| 2021 | $9,803 | $634,006 | $0 | $0 |
| 2020 | $9,906 | $625,252 | $0 | $0 |
| 2019 | $9,654 | $611,195 | $0 | $0 |
| 2018 | $9,401 | $593,741 | $0 | $0 |
| 2017 | $9,294 | $581,529 | $0 | $0 |
| 2016 | $8,893 | $1,411,100 | $897,300 | $513,800 |
| 2015 | $9,022 | $1,235,300 | $798,500 | $436,800 |
| 2014 | $9,012 | $530,027 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $2,750,000 | -6.8% | $934 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $2,950,000 | -7.8% | $1,002 / Sq Ft |
| 12/11/2024 12/11/24 | For Sale | $3,200,000 | -- | $1,087 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4632039
APN: 2019-10-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 3550 Flamingo Ave
- 3482 Flamingo Ave
- 3455 Flamingo Ave
- 3446 Anglin Dr
- 3460 Flamingo Ave
- 3722 Flamingo Ave
- 3721 Flamingo Ave
- 324 Siesta Dr
- 624 Norsota Way
- 732 Siesta Dr
- 542 Freeling Dr
- 3799 Flamingo Ave
- 749 Freeling Dr
- 762 Siesta Dr
- 763 Siesta Dr
- 679 Norsota Way
- 3821 Flamingo Ave
- 810 Siesta Dr
- 838 Norsota Way
- 3200 Higel Ave
- 31 Lands End Ln
- 2100 Benjamin Franklin Dr Unit 302
- 2100 Benjamin Franklin Dr Unit 205
- 2100 Benjamin Franklin Dr Unit 201
- 3414 Old Oak Dr
- 605 Wild Turkey Ln
- 2110 Benjamin Franklin Dr Unit 402SEA
- 2110 Benjamin Franklin Dr Unit 308
- 2110 Benjamin Franklin Dr Unit 503SEA
- 2110 Benjamin Franklin Dr Unit 304
- 606 Owl Way
- 1662 Fortuna St Unit 1662 Fortuna St Sarasota
- 1800 Benjamin Franklin Dr Unit A901
- 526 Bird Key Dr
- 1900 Benjamin Franklin Dr Unit 3
- 1900 Benjamin Franklin Dr Unit V15
- 1770 Benjamin Franklin Dr Unit 507
- 1638 South Dr
- 3464 Camino Real
- 1716 Stapleton St