#A4626080, Melissa Gissinger, Listing Office: MICHAEL SAUNDERS & COMPANY
508 Siesta Dr Sarasota, FL 34242
$3,200,000 List price
3 beds
2 full, 1 partial
2,943 sqft
0.3 acres
$1,087 / 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 garage2 spaces
WaterfrontCanal
FireplaceGas
ViewWater
Private poolYes
Summary
- 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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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 2/1/2025, 9:20:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,200,000
508 Siesta Dr
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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
7
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. The majority of Sarasota, FL residents have income less than $<35k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
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
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 $3,200,000.
Over 18 listings were sold over their listed price in January 2025 in Sarasota, FL. In the same period over 283 listings were sold below the listed price and 55 listings were sold for the listed price. In January 2025 in Sarasota, FL there were 16.8% more homes for sale than in December. Listings spent 66 days on the market in January 2025, and had a median list price of $510,794 during the same period.
From Rocket Homes Real Estate and based on county public records data.