by Global Lifestyle Properties

See Home Value
$2,695,000
● House - Off Market

548 SIESTA DRIVE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,399 Ft²
$16,187
Est. Monthly
0.26%
Cap Rate

About This Property

548 Siesta Drive is more than just a home-it's a gateway to the best of Siesta Key living with unmatched flexibility, location, and waterfront luxury.

Welcome to this luxury coastal retreat on North Siesta Key, perfectly positioned inside Sarasota city limits, making it a rare short-term rental–friendly opportunity. With deep water access just seconds from the Bay, two boat lifts, and a jet ski lift, this home is tailor-made for boaters, water enthusiasts, and investors seeking a strong rental return.

Property Highlights

   •    3 bedrooms | 3.5 bathrooms | Bonus room

   •    Over 4,300 sq. ft. of living space

   •    Nearly 5,000 sq. ft. total under roof

   •    Prime North Siesta Key location in city limits

   •    Quick drive to Downtown Sarasota and Siesta Key Village

   •    Short-term rental potential in one of Sarasota's hottest markets

Interior Features

As you step inside, you're greeted by soaring vaulted ceilings and gleaming oversized porcelain white tile floors that set the tone for the home's regal, modern style.

   •    Living Room: Expansive and open with dramatic volume ceilings

   •    Bonus Room: Hidden retreat above the garage ideal for a quiet office, playroom, or guest space

   •    First Suite: Convenient en suite bedroom on the main floor

   •    Primary Suite: Oversized retreat with a private screened lanai, spacious walk-in closets, and a beautifully remodeled spa-style shower

   •    Third Bedroom: Private en suite with direct access to the pool deck

The chef's kitchen and entertaining area have been fully remodeled with high-end finishes, blending function and style for both everyday living and gatherings.

Outdoor Living

Step outside to your large lap pool with water views, framed by paver decking and multiple lounging areas. With direct boating access, two boat lifts, and a jet ski lift, the water is truly an extension of your backyard.

Key Upgrades

This home has been renovated from top to bottom, ensuring a move-in-ready experience with timeless finishes and thoughtful design details.
Unit Size
4,399 Ft²
Days on Market
81 days
Land Size
0.38 acres
Price per sqft
$635
Property Type
House
Property Taxes
$2,463
HOA Dues
-
Year Built
1951

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Stellar MLS #A4666528)

Price History

Date / Event Date Event Price
Dec 23, 2025 Sold
Sold
Nov 8, 2025 In contract -
In contract
Oct 2, 2025 Listed by KELLER WILLIAMS ON THE WATER S $2,795,000
Listed by KELLER WILLIAMS ON THE WATER S
Dec 20, 2024 Sold
Sold
Oct 21, 2024 In contract -
In contract
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 15,210
  • Total Building Area: 4,335
  • Gross Building Area: 4,527
  • Building Area: 3,711
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,711
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY ISLAND SHORES UNIT 1
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 22 LESS TRIANGULAR TRACT TO GERVAIS & THAT PART OF LOT 23 DESC AS FROM NE COR OF SAID LOT 23 GO SELY ALONG NELY LINE OF SAID LOT 73 FT FOR POB TH CONT SELY ALONG SAID LINE 88.1 FT TO A SEAWALL

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 001903

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 21
  • Account Number: 2019100008
  • Subdivision Tract Number: 944
  • Parcel: 2019-10-0008
  • Lot: 22
  • Meridian: SEC 36 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3017
  • Longitude: -82.5529

    Address

  • Full Address: 548 Siesta Dr
  • Address - House Number: 548
  • Address - Street Name: Siesta
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C028
  • 4-Digit Zip Code: 1048
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,873
  • Tax Year: 2023
  • Tax Amount: $3,310,295
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 3,503,368
  • High Value: 4,094,571
  • Low Value: 2,912,165

    Market Valuation

  • Market Total Value: $2,795,500
  • Market Land Value: $1,939,800
  • Market Improvement Value: $855,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,795,500
  • Assessed Land Value: $1,939,800
  • Assessed Improvements Value: $855,700

    Sales

  • Current Sale Contract Date: Jul 24, 2002
  • Current Sale Recording Date: Jul 26, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002121644
  • Previous Sale Recording Date: May 01, 2002
  • Previous Sale Contract Date: Apr 30, 2002
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bay Island Shores


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Frequently Asked Questions

When was property at 548 Siesta Drive built and last sold?
The property at 548 Siesta Drive was built in 1951 and last sold on Jul 24, 2002 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 548 Siesta Drive is $0.
What are some comparable homes to 548 Siesta Drive?
There are currently no comparable homes to 548 Siesta Drive.