A rare opportunity to own one of Siesta Key's most versatile luxury properties. Situated on a rare oversized double lot within the city limits, this elevated coastal retreat offers exceptional privacy, flexibility, and proven income potential just minutes from Siesta Key Beach, Siesta Village, and the North Bridge. Completely reimagined with high-end finishes throughout, the home features nearly 3,000 square feet of thoughtfully designed living space, including 5 bedrooms, 3 bathrooms, an open-concept floor plan, designer kitchen, and spacious living areas that seamlessly blend indoor and outdoor living. Step outside to your own private backyard oasis featuring a sparkling pool, expansive patio, and multiple entertaining spaces designed for the ultimate Florida lifestyle. A detached guest suite overlooking the pool provides incredible flexibility for multigenerational living, extended guests, a private home office, or additional income-producing opportunities. Whether you're searching for a primary residence, luxury vacation home, or investment property, this home delivers. Currently producing phenomenal rental returns, it offers a unique combination of luxury living and income potential that's increasingly difficult to find on Siesta Key. With its elevated location, oversized lot, turnkey condition, exceptional outdoor living, and unmatched versatility, 3515 La Paloma is a rare opportunity to own a premier coastal retreat in one of Sarasota's most desirable locations. Schedule your private showing today