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.
Sold for $2,400,000
$2,400,000
508 SIESTA DRIVE, SARASOTA, FL 34242
3beds
2,943sqft
Single Family Residence
Built in 1994
0.35 Acres Lot
$2,371,500 Zestimate®
$815/sqft
$7,360 Estimated rent
Home value
$2,371,500
$2.16M - $2.61M
$7,360/mo
Zestimate® history
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$15,665/mo
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Pool and spaSecure walled gated entranceTwo boat liftsWraparound balconySpacious garage areaHigh ceilingsAbundant storage
Zillow last checked:
Listing updated:
Listed by:
Kevin Milner 941-539-3287,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-907-9541
Bought with:
Josh Jankowski, 3638033
CORCORAN DWELLINGS REALTY
Marc Rasmussen, 0684744
CORCORAN DWELLINGS REALTY
Source: Stellar MLS,MLS#: A4632039
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Area: 260 Square Feet
- Dimensions: 20x13
Bedroom 2
- Features: Built-in Closet
- Level: Second
- Area: 252 Square Feet
- Dimensions: 18x14
Bedroom 3
- Features: Built-in Closet
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12x11
Balcony porch lanai
- Level: First
- Area: 357 Square Feet
- Dimensions: 21x17
Balcony porch lanai
- Level: Second
- Area: 200 Square Feet
- Dimensions: 20x10
Balcony porch lanai
- Level: Second
- Area: 96 Square Feet
- Dimensions: 24x4
Bonus room
- Features: No Closet
- Level: First
- Area: 570 Square Feet
- Dimensions: 38x15
Dining room
- Level: Second
- Area: 156 Square Feet
- Dimensions: 13x12
Family room
- Level: Second
- Area: 324 Square Feet
- Dimensions: 18x18
Game room
- Level: First
- Area: 374 Square Feet
- Dimensions: 22x17
Kitchen
- Level: Second
- Area: 182 Square Feet
- Dimensions: 14x13
Living room
- Level: Second
- Area: 280 Square Feet
- Dimensions: 20x14
Utility room
- Level: Second
- Area: 104 Square Feet
- Dimensions: 13x8
Workshop
- Level: First
- Area: 600 Square Feet
- Dimensions: 30x20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Flooring: Tile, Hardwood
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total structure area: 6,544
- Total interior livable area: 2,943 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Rear Porch, Screened
- Exterior features: Balcony, Irrigation System, Private Mailbox, Rain Gutters, Sidewalk, Storage
- Has private pool: Yes
- Pool features: Deck, Gunite, In Ground, Screen Enclosure
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal Front, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
- Frontage length: Canal: 60
Lot
- Size: 0.35 Acres
- Features: Flood Insurance Required, FloodZone, City Lot, Oversized Lot, Sidewalk
Details
- Parcel number: 2019100010
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Water Connected
Community & HOA
Community
- Features: None
- Pet fee: $0 monthly
- Subdivision: BAY ISLAND SHORES
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $815/sqft
- Tax assessed value: $2,540,700
- Annual tax amount: $10,051
- Date on market: 12/11/2024
- Cumulative days on market: 389 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $2,400,000-4%$815/sqft |
Source:  Stellar MLS #A4632039 Report a problem | ||
| 1/6/2026 | Pending sale | $2,499,000$849/sqft |
Source: Stellar MLS #A4632039 Report a problem | ||
| 11/12/2025 | Price change | $2,499,000-9.1%$849/sqft |
Source: Stellar MLS #A4632039 Report a problem | ||
| 4/17/2025 | Price change | $2,750,000-6.8%$934/sqft |
Source: Stellar MLS #A4632039 Report a problem | ||
| 2/10/2025 | Price change | $2,950,000-7.8%$1,002/sqft |
Source: Stellar MLS #A4632039 Report a problem | ||
| 12/11/2024 | Listed for sale | $3,200,000$1,087/sqft |
Source: Stellar MLS #A4632039 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38,709 +272.8% | $2,540,700 +266.7% |
| 2024 | $10,385 +3.3% | $692,796 +3% |
| 2023 | $10,051 +2.2% | $672,617 +3% |
| 2022 | $9,836 +0.3% | $653,026 +3% |
| 2021 | $9,803 -1% | $634,006 +1.4% |
| 2020 | $9,906 +2.6% | $625,252 +2.3% |
| 2019 | $9,654 | $611,195 +2.9% |
| 2018 | $9,654 +2.7% | $593,741 +2.1% |
| 2017 | $9,401 +4.2% | $581,529 -58.8% |
| 2016 | $9,022 | $1,411,100 +14.2% |
| 2015 | $9,022 +0.1% | $1,235,300 +133.1% |
| 2014 | $9,012 +0.2% | $530,027 |
| 2013 | $8,993 +3.8% | $530,027 +1.7% |
| 2012 | $8,662 +4.4% | $521,167 +3% |
| 2011 | $8,298 0% | $505,987 +1.5% |
| 2010 | $8,298 +9.5% | $498,509 +2.7% |
| 2009 | $7,578 | $485,403 +0.1% |
| 2008 | $7,578 -0.7% | $484,918 +3% |
| 2007 | $7,634 | $470,794 +2.5% |
| 2006 | -- | $459,311 +3% |
| 2005 | -- | $445,933 +3% |
| 2004 | $7,783 -1.3% | $432,945 +1.9% |
| 2003 | $7,887 +0.9% | $424,872 +2.4% |
| 2002 | $7,816 +6.7% | $414,914 +1.6% |
| 2001 | $7,328 +3.1% | $408,380 +3% |
| 2000 | $7,107 | $396,485 |
Find assessor info on the county website
Neighborhood: Bay Isle-Siesta
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$2,371,500
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Estimated market value
$2,371,500
- Florida
- Sarasota County
- Sarasota
- 34242
- Bay Isle-Siesta
- 508 SIESTA DRIVE
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