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$2,650,000
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Property Description
Elevated Living. Expanded Luxury. Move-In Ready. More space. More land. More peace of mind - and better value than new construction. This rare Siesta Key estate offers twice the living space and double the lot size of typical new construction homes on the Key, while sitting high and dry on an above-flood-level lot. No construction delays. No compromises. Designer Waterfront Living on Treasure Boat Way - Rare Value Meets Lasting Style Modern Waterfront Estate on Siesta Key | 512 Treasure Boat Way Perfectly situated on a spacious .44-acre corner lot in one of Siesta Key's most sought-after boating communities, this fully renovated modern estate offers over 5,000 square feet of sophisticated living. With 4 bedrooms, 4.5 bathrooms, and a dedicated media room, the layout is both functional and refined. Enjoy deep-water dockage on a wide canal and direct access to Sarasota Bay-ideal for boaters looking to explore the Gulf of Mexico with ease. The home's high flood elevation and no history of flooding provide peace of mind and lower insurance premiums, adding even more value to this exceptional property. Inside, dramatic design meets everyday comfort. Step through the doors to find soaring ceilings, a custom open-tread staircase with walnut treads, and a striking stone feature wall. Walls of glass flood the interiors with natural light, highlighting European porcelain flooring, designer lighting, and a double-sided fireplace that anchors the open living spaces. The gourmet kitchen is a showstopper-designed for both entertaining and daily living-outfitted with quartz countertops, flat-panel cabinetry, floating shelves, and a full suite of premium appliances. The luxurious primary suite includes private pool access and a spa-inspired bathroom with a freestanding soaking tub, dual vanities, and bespoke tilework. The dedicated media room features sliding glass doors that open to a private courtyard, offering a quiet, flexible space ideal for movie nights or casual relaxation. Treasure Boat Way has been thoughtfully renovated to preserve its original mid-century style while modernizing with sleek industrial touches. The result is a home that is sophisticated, private, and relaxing. Outside, tropical landscaping and an expansive backyard set the tone for true waterfront living. Multiple lounge areas and seamless indoor-outdoor flow make this a perfect setting for entertaining or unwinding, with captivating water views from nearly every room. Whether you're searching for a primary residence, a vacation retreat, or an income-generating investment, 512 Treasure Boat Way checks every box-offering modern updates, premium waterfront access, and a short stroll to Siesta Key Village and Siesta Beach. This property offers strong appeal for both investors and owner-occupants. With excellent potential for short-term rental income and a layout designed for comfort and privacy, it's equally suited for generating revenue or providing a welcoming home for a family. Schedule your private showing today to experience the pinnacle of luxury waterfront living. **No flood damage**
Full Property Details
Full Property Details for 512 Treasure Boat Way
General
- Sold For: $2,650,000
- Taxes: $25,522 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4654229
- Added to Site: 212 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 9
- Interior Features: High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Convection Oven, Cooktop, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System
- Furnishings: Furnished
- Flooring: Porcelain Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Salt Water
Exterior
- Exterior Features: Lighting, Sliding Doors
- Deck/Patio: Patio, Side Porch
- Porch/Patio/Deck: Patio, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: HARMONY SUB
- Driving Directions: Take S Tamiami Trl, Turn right onto Siesta Dr, Continue onto Higel Ave, At the traffic circle, continue straight to stay on Higel Ave, Turn right onto Treasure Boat Way, Home will be on the left
- Direction Faces: North
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside 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 Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Cement Siding
- Roof: Other
- Common Walls: Corner Unit
- Windows: Double Pane Windows, Insulated Windows
- Stories/Levels: Two
- Square Feet: 5,078
- Sq. Ft. Source: Public Records
- Living Area: 5,078 Sq. Ft.
- Year Built: 1979
Lot Features
- Property View: Water
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,130
- Lot Size: 19130
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $25,522.66
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 1 BLK J HARMONY SUB
- Flood Zone Info: AE
- APN: 81050003
- Property ID: 81050003
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Schools
Schools serving 512 Treasure Boat Way
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.6 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 Treasure Boat Way
Date
Details
Price
Change
Source
10/14/2025
Sold
$2,650,000
-5.19%
MLS
8/13/2025
Price Reduced
$2,795,000
-6.52%
MLS
6/20/2025
Listed
$2,990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
512 Treasure Boat Way, Sarasota, FL 34242 (MLS# A4654229) is a Single Family property that was sold at $2,650,000 on October 14, 2025. This property was sold by Carolyn Donnelly from our Longboat Key Office.Want to learn more about 512 Treasure Boat Way? 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.


