Listing Details for MLS #A4689037
3515 La Paloma Avenue, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,800,000 (Mortgage Calculator →)Days on Market: 24

Description of Property

Elevated Coastal Living Meets TURNKEY Income on Siesta Key Welcome to 3515 La Paloma Ave, a fully reimagined coastal retreat located within the city limits on the north end of Siesta Key, offering luxury living with strong short-term rental potential. Perfectly positioned just minutes from multiple beach accesses and just steps from Beach Access #1 on Shell Rd. along Big Pass this property delivers effortless access to the sand and water, while also offering convenient access on and off the island to the Sarasota mainland. Situated in a prime North Siesta Key location with a strong weekly rental history, this home presents a rare opportunity to blend lifestyle and income in one of the most desirable coastal markets in the country. This high-elevation property provides added peace of mind with no history of flood damage or water intrusion, while still being close to everything that makes Siesta Key so sought after, including Siesta Key Village and the world-famous Siesta Key Beach. The main residence features 4 bedrooms, 3 bathrooms, and just under 2,300 square feet of living space, fully renovated with high-end finishes and a light, modern coastal design. Throughout the home, you’ll find Miami-inspired designer tile work that adds a unique, boutique feel rarely seen in the area. Step outside into your private courtyard-style backyard oasis, where indoor-outdoor living takes center stage. Enjoy a screened pool and spa, a custom waterfall feature flowing into the pool, and a fully equipped outdoor kitchen with a nearby outdoor shower all just steps from the main living areas. What truly sets this property apart is the private guest residence a 2-bedroom, 1-bath suite with its own entrance and a stylish dry bar. Currently producing strong income, this space is ideal for short-term rentals, guests, or multigenerational living. Whether you’re in the main home or guest residence, the layout creates seamless access to your backyard retreat, offering privacy, flexibility, and a true resort-style experience. Live the Siesta Key lifestyle while generating income all from a high-and-dry, designer-finished coastal compound in one of the most sought-after locations on the island.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $2,244,550. This single family residence is listed at about 80% of the average asking price. There are 3 4 bedroom/3 bath homes between $1,600,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »