A rare opportunity to own one of Siesta Key’s most versatile luxury properties. Situated on a rare oversized double lot within the city limits, this elevated coastal retreat offers exceptional privacy, flexibility, and proven income potential just minutes from Siesta Key Beach, Siesta Village, and the North Bridge. Completely reimagined with high-end finishes throughout, the home features nearly 3,000 square feet of thoughtfully designed living space, including 5 bedrooms, 3 bathrooms, an open-concept floor plan, designer kitchen, and spacious living areas that seamlessly blend indoor and outdoor living. Step outside to your own private backyard oasis featuring a sparkling pool, expansive patio, and multiple entertaining spaces designed for the ultimate Florida lifestyle. A detached guest suite overlooking the pool provides incredible flexibility for multigenerational living, extended guests, a private home office, or additional income-producing opportunities. Whether you’re searching for a primary residence, luxury vacation home, or investment property, this home delivers. Currently producing phenomenal rental returns, it offers a unique combination of luxury living and income potential that’s increasingly difficult to find on Siesta Key. With its elevated location, oversized lot, turnkey condition, exceptional outdoor living, and unmatched versatility, 3515 La Paloma is a rare opportunity to own a premier coastal retreat in one of Sarasota’s most desirable locations. Schedule your private showing today
For sale
$1,800,000
3515 LA PALOMA AVENUE, SARASOTA, FL 34242
5beds
2,233sqft
:
Get pre-qualified$10,860/mo
Single Family Residence
Built in 1985
10,821 Square Feet Lot
$-- Zestimate®
$806/sqft
$-- HOA
What's special
Private backyard oasisSparkling poolOpen-concept floor planElevated coastal retreatRare oversized double lotDesigner kitchenExpansive patio
- 127 days |
- 247 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Derek Edwards 941-929-3183,
KELLER WILLIAMS ON THE WATER S 941-803-7522
Source: Stellar MLS,MLS#: A4689037
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 200.19 Square Feet
- Dimensions: 11.7x17.11
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Area: 130.98 Square Feet
- Dimensions: 11.1x11.8
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 4
- Features: Walk-In Closet(s)
- Level: First
- Area: 270 Square Feet
- Dimensions: 18x15
Dining room
- Level: First
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: First
- Area: 270 Square Feet
- Dimensions: 18x15
Kitchen
- Features: Granite Counters
- Level: First
- Area: 80 Square Feet
- Dimensions: 10x8
Laundry
- Level: First
- Area: 40 Square Feet
- Dimensions: 8x5
Living room
- Level: First
- Area: 120 Square Feet
- Dimensions: 12x10
Other
- Features: Walk-In Closet(s)
- Level: First
- Area: 210.25 Square Feet
- Dimensions: 14.5x14.5
Heating
- Central, Electric
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
- Flooring: Tile, Hardwood
- Doors: Outdoor Grill
- Windows: Window Treatments
- Has fireplace: No
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,962
- Total interior livable area: 2,233 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Ground Level, Off Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Screened
- Exterior features: Irrigation System, Lighting, Outdoor Grill
- Has private pool: Yes
- Pool features: Heated, In Ground, Salt Water, Screen Enclosure
- Has spa: Yes
- Spa features: In Ground
Lot
- Size: 10,821 Square Feet
- Features: In County, Landscaped, Level, Sidewalk
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: 2019110014
- Zoning: RSF2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab, Stem Wall
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Security System Owned
- Pet fee: $0 monthly
- Subdivision: SIESTA REV OF
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $806/sqft
- Tax assessed value: $1,030,800
- Annual tax amount: $15,833
- Date on market: 4/8/2026
- Cumulative days on market: 128 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $1,800,000+18.8%$806/sqft |
Source:  Stellar MLS #A4689037 Report a problem | ||
| 5/3/2022 | Sold | $1,515,000$678/sqft |
Source: Public Record Report a problem | ||
| 3/26/2022 | Pending sale | $1,515,000$678/sqft |
Source: Stellar MLS #A4525512 Report a problem | ||
| 3/13/2022 | Listed for sale | $1,515,000+183.2%$678/sqft |
Source: Stellar MLS #A4525512 Report a problem | ||
| 8/7/2013 | Sold | $535,000-6%$240/sqft |
Source: Public Record Report a problem | ||
| 6/16/2013 | Listed for sale | $569,000+64.2%$255/sqft |
Source: Coldwell Banker Residential Real Estate - Siesta Key #A3979776 Report a problem | ||
| 5/21/2013 | Sold | $346,501-44.1%$155/sqft |
Source: Public Record Report a problem | ||
| 7/1/2005 | Sold | $620,000+117.5%$278/sqft |
Source: Public Record Report a problem | ||
| 10/1/2002 | Sold | $285,000$128/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,834 -8.8% | $1,030,800 -7% |
| 2024 | $17,363 +14% | $1,108,140 +10% |
| 2023 | $15,229 +101.6% | $1,007,400 +92.4% |
| 2022 | $7,553 -0.2% | $523,661 +3% |
| 2021 | $7,566 -1.1% | $508,409 +1.4% |
| 2020 | $7,650 +2.7% | $501,390 +2.3% |
| 2019 | $7,450 | $490,117 +1.9% |
| 2018 | $7,450 +1.7% | $480,978 +8% |
| 2017 | $7,327 +11.8% | $445,431 -3.5% |
| 2016 | $6,552 | $461,400 -2% |
| 2015 | $6,552 +3.5% | $470,900 +107.9% |
| 2014 | $6,332 +81.7% | $226,486 -5.5% |
| 2013 | $3,484 +4% | $239,700 +7.6% |
| 2012 | $3,351 -0.7% | $222,700 -1.8% |
| 2011 | $3,375 -8% | $226,800 -6% |
| 2010 | $3,667 -20.3% | $241,300 -18.6% |
| 2009 | $4,602 | $296,300 -6.1% |
| 2008 | $4,602 -17.6% | $315,600 -12.7% |
| 2007 | $5,582 | $361,415 +2.5% |
| 2006 | -- | $352,600 +41.4% |
| 2005 | -- | $249,377 +3% |
| 2004 | $4,093 -1.2% | $242,114 +1.9% |
| 2003 | $4,145 +71.6% | $237,600 +69% |
| 2002 | $2,415 +7.2% | $140,625 +1.6% |
| 2001 | $2,252 +3.3% | $138,410 +3% |
| 2000 | $2,179 | $134,379 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Bay Isle-Siesta
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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