#A4655688, Peter Mason, Listing office: PREMIER SOTHEBY'S INTERNATIONAL REALTY
$2,750,000 List price
508 Siesta Dr Sarasota, FL 34242
3 beds
2 full, 1 partial
2,943 sqft
0.3 acres
$934 / sqft
House
Property details
About 508 Siesta Dr
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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,943 sqft
Lot size0.35 Acres
Year built1994
MLS #A4632039
Attached garage4 spaces
WaterfrontCanal
FireplaceGas
ViewWater
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring Type: Tile, Wood
- Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Fireplace: Gas
- Total Bedroom Count: 3
- Garage Space: 4 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Canal
- View: Water
- Exterior: Balcony, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Storage
- Heating: Central
- Cooling: Central Air
- List Price: $2,750,000
- Price/SqFt: $934
- HOA Amount: $0
- Annual Tax Amount: $10,051
- Tax Year: 2023
- Lot: Flood Zone, City Lot, Oversized Lot, Sidewalk, Paved
- Directions: US41 + Siesta Drive - Head West over the "north" Siesta Bridge. The home will be located on the left side of the road just before Flamingo..
- Year Built: 1994
- Living Area: 2,943 SqFt
- Lot Size: 0.35 Acres
- MLS Number: A4632039
- MLS Name: MFRMLS
- Office Name: PREMIER SOTHEBYS INTL REALTY
- Office Phone: (941) 907-9541
- Listing Agent: Kevin Milner
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Last updated on: 7/29/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $672,617 | $10,051 |
| 2022 | $653,026 | $9,836 |
| 2021 | $634,006 | $9,836 |
| 2020 | $625,252 | $9,803 |
| 2019 | $611,195 | $9,653 |
| 2018 | $593,741 | $9,401 |
| 2017 | $581,529 | $9,294 |
History based on county public records data.
Nearby schools
10
Southside Elementary School
Public District PK-5
1.4 mi
•1901 Webber St
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.9 mi
•4747 S Tamiami Trl
5
Alta Vista Elementary School
Public District PK-5
2.6 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,000. Residents of Sarasota, FL typically earn less than $<35k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
23%
35k-100k
22%
100k-200k
22%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
7%
Single, with Kids
44%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
8%
12-17 yrs old
7%
18-34 yrs old
48%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
PGA/LPGA
Skiing/snowboarding
Where do the neighbors shop?
Bloomingdales
Chico's
Nordstrom
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Lexus
Cadillac
BMW
What do the neighbors listen to?
News
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 508 Siesta Dr
The listing price of 508 Siesta Dr property is $2,750,000.
The property 508 Siesta Dr is a house located in Sarasota, Florida, 34242.
Active Listing: 508 Siesta Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 Siesta Dr are: Southside Elementary School (GreatSchools Rating 10/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Alta Vista Elementary School (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Sarasota High School (GreatSchools Rating 4/10), Riverview High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $10,051 (source: MLS/based on county public records data).
The property at 508 Siesta Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The property 508 Siesta Dr is 2,943 SqFt (source: MLS/tax record).
The year of construction for 508 Siesta Dr is 1994.
This home is located at 508 Siesta Dr in Sarasota, FL and zip code 34242 in the Bay Island neighborhood. This 2,943 square foot home, which was built in 1994, sits on a 0.35 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,750,000.
In June 2025 more than 23 listings in Sarasota, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 364 were sold below. Between May and June 2025, Sarasota, FL real estate market has seen decrease in the number of listings by 2%. In June 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $495,118.
From Rocket Homes Real Estate and based on county public records data.