Property
ActiveResidential
1/60
$2,200,000

3508 LA PALOMA AVENUE

Sarasota, FL 34242
5
Beds
3
Baths
3,195
SqFt
0.35
Acres
STELLAR
#A4686192
Updated: Jun 22, 2026, 4:38pm

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.
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Included Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRange HoodRefrigeratorWasher

Property Details

Highlights
View
Yes
Interior
Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRange HoodRefrigeratorWasher
Bathrooms Total Decimal
3
Building Area Total
4654
Cooling
Central AirHumidity Control
Fireplace Features
GasLiving Room
Flooring
Luxury VinylTravertine
Furnished
Turnkey
Heating
Central
Interior Features
Ceiling Fan(s)Central VacuumCoffered Ceiling(s)Crown MoldingEating Space In KitchenHigh CeilingsOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomStone CountersThermostatTray Ceiling(s)Walk-In Closet(s)Wet BarWindow Treatments
Laundry Features
InsideLaundry Room
Living Area
3195
Rooms Total
15
Window Features
Shades
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
East
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
52
Roof
Tile
Stories Total
2
Year Built
2004
Site & Exterior
Covered Spaces
3
Exterior Features
BalconyFrench DoorsHurricane ShuttersIrrigation SystemLightingOutdoor GrillOutdoor KitchenOutdoor ShowerPrivate YardRain Gutters
Fencing
Chain LinkFencedMasonryOther
Flood Zone Code
AE
Garage Dimensions
25x35
Garage Spaces
3
I D X Participation
Yes
Lot Features
Corner LotCity Lot
Lot Size Acres
0.35
Lot Size Area
15224
Lot Size Square Feet
15224
Lot Size Units
Square Feet
Open Parking
Yes
Other Structures
Cabana
Parking Features
DrivewayOversized
Patio And Porch Features
CoveredRear Porch
Pool Features
GuniteHeatedIn GroundPool AlarmSalt Water
Public Survey Range
17
Public Survey Section
36
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPublic
Vegetation
Mature LandscapingTrees/Landscaped
View
Pool
Water Source
Public
Zoning
RSF2
Financials
Calculated List Price By Calculated Sq Ft
688.58
Contract Status Change Date
2026-03-24
Current Price
2200000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Week
Owner Name
ON FILE
Ownership
Fee Simple
Parcel Number
2019110016
Public Survey Township
36
Tax Annual Amount
24862
Tax Block
27
Tax Book Number
A-38
Tax 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
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Refer to City of Sarasota Zoning Code
Lease Restrictions
Yes
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
S W Subdiv Community Name
Siesta Rev
Subdivision Name
SIESTA REV OF
Schools
Ratings
Elementary
Phillippi Shores Elementary
Middle
Sarasota Middle
High
Sarasota High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 22, 2026, 4:38pm.
Robert Ruiz

Listing Agent

WILLIAM RAVEIS REAL ESTATE

Call Agent