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Property for sale at 508 SIESTA DRIVE, SARASOTA, FL, 34242

508 Siesta DriveSarasota, FL, 34242

3beds
3baths
2,943sqft
Single Family Residence
Built in 1994
$2,400,000
Sold
Price per sqft
$815
Sold on
Jan 29, 2026
MLS #A4632039Updated Jan 29, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
508 Siesta Drive
City
Sarasota
State
FL
ZIP code
34242
Year built
1994
New construction
No
Faces
Northwest
Rooms
14
Living area
2,943 sqft
Total building area
6,544 sqft
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 4:15 AM EST

Price & sale history

EventPrice
SoldMLS #A4632039$2,400,000
Price reducedMLS #A4632039$2,499,000Change: −21.9%−$701,000
Listed for saleMLS #A4632039$3,200,000
History may be incomplete.
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Property for sale at 508 SIESTA DRIVE, SARASOTA, FL, 34242
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