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Sold for $2,650,000
  • $2,650,000

    512 Treasure Boat Way, Sarasota, FL 34242

    4beds
    5,078sqft
    Single Family Residence
    Built in 1979
    0.44 Acres Lot
    $2,591,600 Zestimate®
    $522/sqft
    $7,551 Estimated rent

    Home value

    $2,591,600

    $2.36M - $2.85M

    $7,551/mo

    Zestimate® history
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    What's special

    Double-sided fireplaceModern updatesSophisticated livingPrivate courtyardDeep-water dockageQuartz countertopsExpansive backyard
    Elevated Living. Expanded Luxury. Move-In Ready. More space. More land. More peace of mind — and better value than new construction. This rare Siesta Key estate offers twice the living space and double the lot size of typical new construction homes on the Key, while sitting high and dry on an above-flood-level lot. No construction delays. No compromises. Designer Waterfront Living on Treasure Boat Way – Rare Value Meets Lasting Style Modern Waterfront Estate on Siesta Key | 512 Treasure Boat Way Perfectly situated on a spacious .44-acre corner lot in one of Siesta Key’s most sought-after boating communities, this fully renovated modern estate offers over 5,000 square feet of sophisticated living. With 4 bedrooms, 4.5 bathrooms, and a dedicated media room, the layout is both functional and refined. Enjoy deep-water dockage on a wide canal and direct access to Sarasota Bay—ideal for boaters looking to explore the Gulf of Mexico with ease. The home’s high flood elevation and no history of flooding provide peace of mind and lower insurance premiums, adding even more value to this exceptional property. Inside, dramatic design meets everyday comfort. Step through the doors to find soaring ceilings, a custom open-tread staircase with walnut treads, and a striking stone feature wall. Walls of glass flood the interiors with natural light, highlighting European porcelain flooring, designer lighting, and a double-sided fireplace that anchors the open living spaces. The gourmet kitchen is a showstopper—designed for both entertaining and daily living—outfitted with quartz countertops, flat-panel cabinetry, floating shelves, and a full suite of premium appliances. The luxurious primary suite includes private pool access and a spa-inspired bathroom with a freestanding soaking tub, dual vanities, and bespoke tilework. The dedicated media room features sliding glass doors that open to a private courtyard, offering a quiet, flexible space ideal for movie nights or casual relaxation. Treasure Boat Way has been thoughtfully renovated to preserve its original mid-century style while modernizing with sleek industrial touches. The result is a home that is sophisticated, private, and relaxing. Outside, tropical landscaping and an expansive backyard set the tone for true waterfront living. Multiple lounge areas and seamless indoor-outdoor flow make this a perfect setting for entertaining or unwinding, with captivating water views from nearly every room. Whether you’re searching for a primary residence, a vacation retreat, or an income-generating investment, 512 Treasure Boat Way checks every box—offering modern updates, premium waterfront access, and a short stroll to Siesta Key Village and Siesta Beach. This property offers strong appeal for both investors and owner-occupants. With excellent potential for short-term rental income and a layout designed for comfort and privacy, it’s equally suited for generating revenue or providing a welcoming home for a family. Schedule your private showing today to experience the pinnacle of luxury waterfront living. **No flood damage**

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Edwards 941-929-3183,

    KELLER WILLIAMS ON THE WATER S 941-803-7522

    Bought with:

    Carolyn Donnelly, PA, 0360540

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4654229MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: En Suite Bathroom, Dual Closets
    • Level: First
    • Area: 704 Square Feet
    • Dimensions: 32x22
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 345 Square Feet
    • Dimensions: 15x23
    Bedroom 3
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 299 Square Feet
    • Dimensions: 13x23
    Dining room
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Kitchen
    • Level: First
    • Area: 480 Square Feet
    • Dimensions: 20x24
    Living room
    • Level: First
    • Area: 285 Square Feet
    • Dimensions: 19x15
    Living room
    • Level: First
    • Area: 464 Square Feet
    • Dimensions: 16x29
    Loft
    • Features: En Suite Bathroom
    • Level: Second
    • Area: 500 Square Feet
    • Dimensions: 25x20
    Media room
    • Features: Other
    • Level: First
    • Area: 272 Square Feet
    • Dimensions: 16x17
    Heating
    • Central
    Cooling
    • Central Air, Humidity Control
    Appliances
    • Included: Convection Oven, Cooktop, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System
    • Laundry: Laundry Room
    Features
    • High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Porcelain Tile, Hardwood
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Insulated Windows
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    • Furnished: Yes
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 5,078
    • Total interior livable area: 5,078 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Side Porch
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Salt Water
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - Fixed
    Lot
    • Size: 0.44 Acres
    • Features: Corner Lot, Flood Insurance Required, FloodZone, In County, Landscaped, Level, Oversized Lot
    • Residential vegetation: Mature Landscaping, Oak Trees
    Details
    • Parcel number: 0081050003
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cement Siding
    • Foundation: Slab
    • Roof: Other
    Condition
    • Completed
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HARMONY SUB
    HOA
    • Has HOA: No
    • HOA name: N/A
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $522/sqft
    • Tax assessed value: $2,175,600
    • Annual tax amount: $25,522
    • Date on market: 6/20/2025
    • Cumulative days on market: 81 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/14/2025Sold$2,650,000-5.2%$522/sqft
    Source: Stellar MLS #A4654229 Report a problem
    9/18/2025Pending sale$2,795,000$550/sqft
    Source: Stellar MLS #A4654229 Report a problem
    8/13/2025Listed for sale$2,795,000-6.5%$550/sqft
    Source: Stellar MLS #A4654229 Report a problem
    8/6/2025Listing removed$2,990,000$589/sqft
    Source: Stellar MLS #A4654229 Report a problem
    6/20/2025Listed for sale$2,990,000+115.1%$589/sqft
    Source: Stellar MLS #A4654229 Report a problem
    12/6/2024Listing removed$14,000$3/sqft
    Source: Zillow Rentals Report a problem
    11/17/2024Listed for rent$14,000+21.7%$3/sqft
    Source: Zillow Rentals Report a problem
    2/29/2024Listing removed--
    Source: Stellar MLS #A4597730 Report a problem
    2/28/2024Listed for rent$11,500$2/sqft
    Source: Stellar MLS #A4597730 Report a problem
    2/27/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/29/2024Price change$11,500-14.8%$2/sqft
    Source: Zillow Rentals Report a problem
    1/4/2024Price change$13,500-10%$3/sqft
    Source: Zillow Rentals Report a problem
    12/13/2023Price change$15,000-25%$3/sqft
    Source: Zillow Rentals Report a problem
    12/10/2023Listed for rent$20,000+55%$4/sqft
    Source: Zillow Rentals Report a problem
    4/21/2021Sold$1,390,000$274/sqft
    Source: Public Record Report a problem
    3/23/2021Pending sale$1,390,000-7%$274/sqft
    Source: Stellar MLS #A4495280 Report a problem
    9/28/2020Listing removed$1,495,000$294/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4468193 Report a problem
    9/8/2020Pending sale$1,495,000$294/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4468193 Report a problem
    5/29/2020Listed for sale$1,495,000$294/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4468193 Report a problem
    3/9/2020Listing removed$1,495,000$294/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    2/3/2020Price change$1,495,000-6.3%$294/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    10/10/2019Price change$1,595,000-3.3%$314/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    4/26/2019Price change$1,650,000-5.7%$325/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    1/18/2019Price change$1,750,000-5.4%$345/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    12/14/2018Listed for sale$1,850,000+42.3%$364/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4421561 Report a problem
    12/14/2018Listing removed$12,900$3/sqft
    Source: Owner Report a problem
    9/30/2015Sold$1,300,000+13%$256/sqft
    Source: Stellar MLS #A4115414 Report a problem
    12/26/2013Sold$1,150,000$226/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,153 -1.8%$2,175,600 -3.4%
    2024$26,645 +2.7%$2,253,196 +3%
    2023$25,949 +13.5%$2,187,569 +14.7%
    2022$22,861 +25.2%$1,907,834 +33.5%
    2021$18,265 +5.8%$1,429,100 +10%
    2020$17,269 +11.7%$1,299,320 +10%
    2019$15,455 $1,181,200 -0.7%
    2018$15,455 -0.7%$1,189,900 -2%
    2017$15,572 +8.3%$1,214,000 +3.8%
    2016$14,372 $1,169,100 +10%
    2015$14,372 +13.2%$1,062,700 +77.1%
    2014$12,701 +51.8%$600,223
    2013$8,367 +2.3%$600,223 +1.7%
    2012$8,177 +4.6%$590,190 +3%
    2011$7,819 -4.7%$573,000 -2.1%
    2010$8,203 -11.3%$585,500 -11.1%
    2009$9,251 $658,700 -7.4%
    2008$9,251 +0.8%$711,500 +3%
    2007$9,179 $690,777 +2.5%
    2006-- $673,929 +3%
    2005-- $654,300 +3%
    2004$9,682 -1.2%$635,243 +1.9%
    2003$9,799 +2.2%$623,398 +2.4%
    2002$9,586 +7.6%$608,787 +1.6%
    2001$8,908 +8.9%$599,200 +14.8%
    2000$8,181 $522,000
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $2,591,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,591,600