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$1,999,999

  • For Sale
  • Active
  • Lots/Land
  • 0.41 Acres
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*2 BUILDABLE WATERFRONT LOTS* Palm Island IS the "Heart of Siesta Key". Don't miss this rare opportunity to live in Siesta Key's most sought-after neighborhood and experience the quiet, friendly, yet close to everything community of Palm Island. Build your tropical dream home on one lot and sell the other, or go "all in" and create your ideal island estate on the 17,883 sq ft lot. If restoration is more your style, this home was built using the Lamolithic poured in place construction method developed by John Lambie Jr and was a key design element in the Sarasota School of Architecture. As a result, most of the primary structure and walls are made of 12 inch poured concrete, providing unsurpassed strength and durability. This spacious property located in one of the finest and friendliest communities on Siesta Key is situated a mere 600 feet from arguably the best beach on the planet. Situated on the Grand Canal, it is minutes by boat to the Intercoastal Waterway and a short walk or bike ride to Siesta Key Village. This sought after Palm Island address sits on two county approved building lots and is a rare opportunity for all interests. Maximize your Island experience and treat yourself to this rare, peaceful island escape limited only by your imagination. *House Plans, Budget and Surveys available for both lots.

Full Property Details for 2 Island Cir

General

  • Price: $1,999,999
  • HOA FEE: $6/month
  • HOA FEE FREQ.: Annually
  • Taxes: $8,072 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4663157
  • Updated: 12/19/2025
  • Added to Site: 145 day(s) ago

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SARASOTA BEACH
  • Driving Directions: Beach Rd to Calle Del Invierno to stop sign. Over small bridge onto Palm Island. Property on right.

School Information

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Association: Yes
  • Pet Restrictions: See county regs

Utilities

  • Sewer: Public Sewer
  • Water District: GRAND CANAL
  • Water: Public
  • Utility Description: BB/HS Internet Available, Sewer Connected, Water Connected

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,883
  • Lot Size: 17883
  • Lot Dimensions: 50 x 167
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater
  • Water Front Name: GRAND CANAL
  • Water Front Desc.: Saltwater Canal

Financial Considerations

  • Price Per Acre: $4,878,046
  • Association Fee: $75
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Optional
  • Tax Amount: $8,072.69
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOTS 44 & 45 BLK 7 SARASOTA BEACH
  • Flood Zone Info: AE
  • APN: 82110028
  • Property ID: 82110028
  • Block/Lot/Section: 7
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 2 Island Cir —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2 Island Cir

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52.1 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-82.9 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-124.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2 Island Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2025
Price Reduced
$1,999,999
-12.09%
MLS
8/25/2025
Listed
$2,275,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2 Island Cir

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,073
34%
$687,317
42%
2023
$6,026
3%
$483,846
6%
2021
$5,835
-1%
$456,071
-3%
2022
$5,902
1%
$469,753
4%
2021
$5,835
2%
$449,774
2%
2019
$5,709
2%
$439,662
2%
2018
$5,590
—
$431,464
2%
2017
$5,567
-1%
$422,590
1%
2016
$5,602
-2%
$418,990
1%
2015
$5,697
2%
$415,726
3%
2014
$5,564
—
$403,989
1%
2013
$5,563
—
$398,019
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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2 Island Circle, Sarasota, FL 34242 (MLS# A4663157) is a Lots/Land property with a lot size of 0.41 acres. 2 Island Circle is currently listed for $1,999,999 and was received on August 25, 2025. This property is listed by George Miller from our Siesta Key Office.Want to learn more about 2 Island Circle? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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