3515 LA Paloma Ave, photo 1
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Overview

5 bd3 ba2,233 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1985
Lot10,821 sqft
Living area2,233 sqft
Price / sqft$806
Garage2 car

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About this home

Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomWalk-in Closet(s)Window Treatments

3515 LA Paloma Ave is a 1985-built home in Siesta Rev Of, Sarasota. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,233 square feet of living space. Listed at $1,800,000 (about $806/sqft), 187 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

A standout Siesta Key property offering space, privacy, versatility, and strong income potential in one exceptional package. Set on an oversized double lot within the city limits, 3515 La Paloma is an elevated coastal retreat just minutes from Siesta Key Beach, Siesta Village, and the North Bridge. Thoughtfully updated with high-end finishes throughout, the home offers nearly 3,000 square feet of living space with 5 bedrooms, 3 bathrooms, an open-concept layout, designer kitchen, and spacious living areas designed for effortless everyday living and entertaining. The outdoor space is a major highlight, featuring a private pool, expansive patio, and multiple gathering areas that create a true Florida backyard oasis. Overlooking the pool, the detached guest suite adds tremendous flexibility for visitors, multigenerational living, a home office, or additional rental use. For buyers seeking more than just a vacation home, this property also delivers compelling investment appeal. With a proven rental history and a layout that accommodates both personal use and income production, it offers a hard-to-find combination of lifestyle and financial upside on Siesta Key. Whether used as a full-time residence, second home, or income-producing retreat, 3515 La Paloma offers the space, setting, and versatility today’s buyers are looking for. Schedule your private showing and experience one of Siesta Key’s most unique opportunities. I like this one better because it sounds less like traditional MLS fluff and more like a property buyers should actually stop and consider.

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The essentials

Built
1985
Price / sqft
$806
On market
187 days
Annual tax
$15,834
Flood zone
AE
Lot
10,821 sqft
Type
Single Family Residence

At a glance

Single family
Built 1985
Private pool
Heated
2 car garage
Driveway
0.25 acres
Lot size
2,233 sqft
Living area

Payment

Est. monthly payment
$11,607/mo
Down payment (20%)
$360,000
Property taxes
$1,319/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1985
Lot
10,821 sqft
Cooling
Central Air, Mini-Split Unit(s)
Heating
Central, Electric
Parking
Driveway, Ground Level, Off Street
Pool
Heated, In Ground, Salt Water, Screen Enclosure
Days on Market
187
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Walk-in Closet(s)
Window Treatments
Lighting
Outdoor Grill
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$15,834
Parcel #
2019110014

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Siesta Rev Of
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
10,821 sqft
In CountyLandscapedLevelSidewalkPaved

Price history

Date
Event
Price
4/8/2026
Listed for sale
Source: Stellar MLS #A4689037
$1,800,000
$806/sqft

Neighborhood

3515 LA Paloma Ave
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $1,800,000
$1.71M – $1.80M
94.9% – 100% of listTops out right at the list price
80% of listList price
40 of the last 79 home closings in 34242 landed at this number or higher (51%). The median one sat 88 days before it went under contract, and this one is on day 187.

Sample: 79 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$11,607/mo
Principal & interest$9,388
Property taxes$1,319
Insurance$900
Down payment20% · $360,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,800,000

$806 per sq ft

Beds and baths

5 beds, 3 baths

Size

2,233 sq ft

Time on market

187 days

Year built

1985

Monthly payment

About $11,607/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $15,834 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byKELLER WILLIAMS ON THE WATER SListing agent: Derek EdwardsListing data from Stellar MLS, MLS# A4689037.

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