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Listing Courtesy Of: KELLER WILLIAMS ON THE WATER S, 941-803-7522, Arthur Grebenuk

Local Realty Services Provided By: Keller Williams on the Water - Sarasota

Overview

What It'll Cost

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$1,995,000

506 TREASURE BOAT WAY, SARASOTA, FL 34242

3 Beds

3 Baths

sq ft

$1,995,000

506 TREASURE BOAT WAY, SARASOTA, FL 34242

Estimation provided by Keller Williams Realty Inc.

3 Beds

3 Baths

sq ft

Active

For Sale

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Property Description

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REMEDIATED AND READY FOR REMODEL OR REBUILD. Embrace the ultimate tropical retreat on Siesta Key, where every day feels like a vacation. This coveted canal-front property on Treasure Boat Way, one of the island’s most desirable streets, offers a rare opportunity to create your dream home. Customize the interior or completely rebuild, this property is selling at land value. Designed by the iconic Ruth Richmond, the layout is centered around the pool and patio, providing endless possibilities for entertaining or crafting your private oasis. With a new seawall cap and quick access to the Gulf of Mexico from your private dock, this home is perfect for enjoying the best of Siesta Key’s waterfront lifestyle.

Take a short stroll to the lively Siesta Key Village, where you’ll find vibrant dining, boutique shopping, live music, and nightlife—all just steps from Siesta Key, the #1 Beach in the USA. Spend your days paddleboarding through peaceful canals, jetskiing across turquoise waters, or heading out by boat to bask on sandbars, explore hidden islands, or fish in the world-renowned Gulf of Mexico.

This professionally remediated, estate-sized .36-acre property with coveted southern exposure is ready for your vision. Don’t miss this rare chance to own a slice of paradise on Siesta Key—schedule your private showing today!

Property Details

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Overview

Property Type

Single Family Residence

Property Size

sq ft

Year Built

1971

Days on Site

127 Days

HVAC

Central Air, Central

Parking

2 Parking Spaces

Inna Zadniprovskiy at Keller Williams Realty Select

Inna Zadniprovskiy

Keller Williams Realty Select

SL3601350

(253) 753-5886

(941) 556-0500

inna.z@kw.com

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Purchase Price: $1,995,000

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Price & Tax History

Date

Event

Price

11/23/2024

Listed

$1,995,000

(+24.69%)

01/28/2022

Sold

$1,600,000

(+166.67%)

07/13/2007

Sold

$600,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$18,040

(+90.15%)

$1,499,500

Land 1,048,600 + Additions 450,900

2021

$9,487

(+11.5%)

$754,100

Land 651,700 + Additions 102,400

2020

$8,508

(+0.29%)

$636,500

Land 532,500 + Additions 104,000

2019

$8,484

(-4.14%)

$639,700

Land 466,500 + Additions 173,200

2017

$8,850

$682,700

Land 490,900 + Additions 191,800

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.