508 Siesta Drive, Siesta Key, FL 34242

$2,400,000
3
BD
3
BA
2,943
SqFt

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Sold Price
$2,400,000
List Price
$2,499,000
Status
SOLD
MLS#
A4632039
Closing Date
Jan 29, 2026
Bedrooms
3
Bathrooms
3
Half-baths
1
Living Area
2,943
Subdivision
Bay Island Shores

Property Description

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.

Additional Information

Year Built
1994
Construction
Block, Stucco
Living Area
2,943
Acres
0.35
Interior Features
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
Cooling
Central Air
Heating
Central
Garage Spaces
4
Garage Description
4 Car Garage
Exterior Features
Balcony, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Storage
View
Water
Waterfront
Yes
Waterfront Description
Canal Front
Water
Sailboat Water, Boatable Water, Bay Front, Beach View, Beach Access
Sewer
Public Sewer
Pool Description
Deck, Gunite, In Ground, Screen Enclosure
Pets
Yes

Listing courtesy of PREMIER SOTHEBYS INTL REALTY. Selling Office: CORCORAN DWELLINGS REALTY.

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