ActiveOpen House
$1,800,000
Est. $11,607/mo

3515 LA Paloma Ave, Sarasota, FL, 34242

$806/sqft·Siesta Rev Of

5 bd3 ba2,233 sqft2 car garageSingle Family
Listed by KELLER WILLIAMS ON THE WATER S· Last updated · MLS# A4689037

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

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

Open house

Saturday, Sep 12· 4:00 PM to 7:00 PM

Stop by, tour the home, and stay for the game! Enjoy complimentary food and refreshments.

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), 153 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.

The essentials

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

Location

3515 LA Paloma Ave
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
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
156
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
Date
Event
Price
4/8/2026
Listed for sale
Source: Stellar MLS #A4689037
$1,800,000
$806/sqft
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.

Offer Insights

Choose an offer strength

List price: $1,800,000
$1.71M – $1.80M
95% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34242 landed at this number or higher (52%). The median one sat 87 days before it went under contract, and this one is on day 156.

Sample: 56 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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