3508 LA PALOMA AVENUE, SARASOTA, FL 34242

$2,200,0005 Beds3 Baths3,195 Sq. Ft.$689 / sq. ft.

SARASOTA, FL 34242 · MLS# A4686192 · Active · SIESTA REV OF

Status
Active
Type
Single Family Residence
Year Built
2004
Days on Market
90
Lot Size
15,224 sqft
MLS #
A4686192
County
Sarasota

Description of 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

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.

Property Details for 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

Bathrooms Full
3
Bathrooms Half
0
Interior Features
Ceiling Fan(s), Central Vacuum, Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
Flooring
Luxury Vinyl, Travertine
Heating
Central
Cooling
Central Air, Humidity Control
Furnished
Turnkey
Garage Spaces
3
Attached Garage
Yes
Parking Features
Driveway, Oversized
Pool Features
Gunite, Heated, In Ground, Pool Alarm, Salt Water
Pool Private
Yes
Direction Faces
East

Building Information for 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

Building Area Total
4654
Building Area Units
Square Feet
Stories Total
2
Association
No

Property Information for 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

Lot Features
Corner Lot, City Lot
Lot Size Square Feet
15,224
Waterfront
No
View
Pool
Construction Materials
Block, Stucco
Roof
Tile
Exterior Features
Balcony, French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Yard, Rain Gutters
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

Parcel Number
2019110016
Tax Annual Amount
$24,862
Tax Year
2025
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
Zoning
RSF2
County Or Parish
Sarasota

Schools Near 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

Elementary School
Phillippi Shores Elementary
Middle School
Sarasota Middle
High School
Sarasota High

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$14,296/mo
Principal & Interest
$11,124
Property Taxes
$2,072
Home Insurance
$1,100

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

3508 LA PALOMA AVENUE, SARASOTA, FL 34242 · See all Sarasota homes for sale

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More information about 3508 LA PALOMA AVENUE, SARASOTA, FL 34242

3508 LA PALOMA AVENUE is a single family home for sale in SARASOTA, FL 34242. This property was listed for sale on March 24, 2026 by WILLIAM RAVEIS REAL ESTATE, it's currently listed at $2,200,000. This listing's school district is Sarasota Public Schools. Nearby schools include Phillippi Shores Elementary, Sarasota Middle and Sarasota High. 3508 LA PALOMA AVENUE is a 5-bed, 3-bath, 3,195 sqft single family home built in 2004.