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Property 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.
Full Property Details
Full Property Details for 3508 La Paloma Ave
General
- Price: $2,200,000
- Taxes: $24,862 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4686192
- Updated: 6/22/2026
- Added to Site: 108 day(s) ago
Rental Information
- Min. Lease: 1 Week
Interior
- Number of Rooms: 15
- Interior Features: Ceiling Fan(s), Central Vacuum, Coffered Ceiling(s), Crown Molding, Eating Space 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
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Luxury Vinyl, Travertine
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Pool Alarm, Salt Water
Exterior
- Exterior Features: Balcony, French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Yard, Rain Gutters
- Deck/Patio: Covered, Rear Porch
- Porch/Patio/Deck: Covered, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway, Oversized
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTA REV OF
- Driving 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.
- Direction Faces: East
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Sarasota Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air, Humidity Control
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Natural Gas Connected, Public
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Tile
- Windows: Shades
- Stories/Levels: Two
- Square Feet: 3,195
- Sq. Ft. Source: Public Records
- Year Built: 2004
Additional Structures
- Other Structures: Cabana
Lot Features
- Property View: Pool
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,224
- Lot Size: 15224
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link, Fenced, Masonry, Other
Financial Considerations
- Tax Amount: $24,862
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 1, 2 & 3, BLK 27, LESS PORTION OF LOTS 2 & 3, DESC AS COM AT SW COR OF LOT 3, TH N-26-03-46-E 22.14 FT FOR POB TH NELY ALONG CURVE TO RIGHT 138.4 FT TH N-89-40-05-W 53.47 FT TH S-26-03-46-W
- Flood Zone Info: AE
- APN: 2019110016
- Property ID: 2019110016
- Block/Lot/Section: 27
Listed by William Raveis Real Estate
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Schools
Schools serving 3508 La Paloma Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.1 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3508 La Paloma Ave
Date
Details
Price
Change
Source
6/22/2026
Price Reduced
$2,200,000
-2.22%
MLS
3/24/2026
Listed
$2,250,000
7.97%
MLS
10/28/2022
Sold
$2,084,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3508 La Paloma Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,862
-7%
$1,624,200
-9%
2024
$26,816
5%
$1,786,600
5%
2023
$25,654
33%
$1,700,600
14%
2022
$19,352
21%
$1,486,900
48%
2021
$16,019
—
$1,003,500
1%
2021
$16,019
1%
$994,500
3%
2019
$15,789
-2%
$965,400
-2%
2018
$16,092
-3%
$981,500
-2%
2017
$16,619
1%
$1,004,700
-4%
2016
$16,508
8%
$1,042,300
24%
2015
$15,272
14%
$843,260
10%
2014
$13,401
4%
$766,600
6%
2013
$12,941
—
$724,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3508 La Paloma Ave
3508 La Paloma Avenue, Sarasota, FL 34242 (MLS# A4686192) is a Single Family property with 5 bedrooms and 3 full bathrooms. 3508 La Paloma Avenue is currently listed for $2,200,000 and was received on March 24, 2026. Want to learn more about 3508 La Paloma Avenue? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

