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508 Siesta Drive Sarasota, FL 34242

3 Beds
2 full, 1 half Baths
2,943 Sqft
15,067 Sqft lot
0.35 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1994
Neighborhood: Bay Island Shores
Days on Website: 148

Courtesy of PREMIER SOTHEBYS INTL REALTY

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.

Open House

Property Details and Features

  • 2 full bathrooms
  • 1 half bathroom
  • Living Area Meters: 273.41
  • Room Count: 14
  • Building Area Total: 6544
  • Building Area Units: Square Feet
  • Construction Materials: "Block", "Stucco"
  • Direction Faces: Northwest
  • Levels: "Two"
  • Living Area: 2943
  • Year Built: 1994
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Sailboat Water,Seawall - Concrete
  • Water View: Canal
  • Total Water Frontage: 60 Feet
  • Water Front Features: "Canal Front"
  • Building Elevator
  • Furnished: Furnished
  • Interior Features: "Built-in Features", "Ceiling Fans(s)", "Crown Molding", "Elevator", "High Ceilings", "Kitchen/Family Room Combo", "Open Floorplan", "Primary Downstairs", "Split Bedroom", "Walk-In Closet(s)", "Window Treatments"
  • Available For Lease
  • Minimum Lease: 1 Week
  • Calculated List Price By Calculated Sq Ft: $934
  • Lot Size Square Meters: 1400
  • Total Acreage: 1/4 to less than 1/2
  • Features: "Flood Insurance Required", "FloodZone", "City Limits", "Oversized Lot", "Sidewalk", "Paved"
  • 0.35 acres
  • 15067 square feet
  • View: "Water"
  • Number Times per Year: 52
  • Property Description: Elevated
  • Patio and Porch Features: "Deck", "Rear Porch", "Screened"
  • Property Condition: "Completed"
  • Zoning: RSF1
  • Additional Rooms: Great Room,Inside Utility
  • Road Surface: "Asphalt", "Paved"
  • Appliances: "Built-In Oven", "Cooktop", "Dishwasher", "Disposal", "Dryer", "Electric Water Heater", "Microwave", "Refrigerator", "Washer"
  • Bedrooms Total: 3
  • Community Features: "None"
  • Cooling: "Central Air"
  • Exterior Features: "Balcony", "Irrigation System", "Private Mailbox", "Rain Gutters", "Sidewalk", "Sliding Doors", "Storage"
  • Fireplace Features: "Gas"
  • Flooring: "Tile", "Wood"
  • Foundation Details: "Slab"
  • Attached Garage Yn: t
  • Garage Spaces: 4
  • Heating: "Central"
  • Laundry Features: "Inside", "Laundry Room"
  • County or Parish: Sarasota
  • Subdivision: BAY ISLAND SHORES
  • Township: 36
  • Pets Allowed: "Cats OK", "Dogs OK", "Yes"
  • Pool Features: "Deck", "Gunite", "In Ground", "Screen Enclosure"
  • Spa Features: "Heated", "In Ground"
  • Roof: "Tile"
  • Sewer: "Public Sewer"
  • Utilities: "BB/HS Internet Available", "Cable Available", "Electricity Connected", "Public", "Water Connected"
  • Water Source: "Public"

This content last updated on May 8, 2025 12:24PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.