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$1,725,000
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Property Description
A truly rare offering, this waterfront residence is uniquely positioned with 133 feet of water frontage on two sides, creating an unparalleled sense of privacy and serenity. Nestled on prestigious Palm Island, in the heart of Siesta Key, this property embodies the ultimate coastal lifestyle. This spacious four-bedroom, three-bathroom home is thoughtfully designed, featuring two en-suite bedrooms alongside two additional generously sized guest rooms. Expansive windows invite in natural light while framing tranquil water views throughout the home. Boating enthusiasts will appreciate the private dock and boat lift at the rear of the property, with additional capacity to add a second dock and lift along the side canal-an extraordinary advantage rarely found. Ideally located, the home offers effortless access to world-renowned Siesta Key Beach and the vibrant Siesta Key Village, placing dining, shopping, and entertainment just a leisurely stroll away. Recently renovated, the residence showcases a large resort-style pool with spa, low-maintenance tropical landscaping, and updated finishes including new appliances, cabinetry, and more-creating a move-in-ready retreat. The peaceful wrap around canal provides a private sanctuary where nature and waterfront living converge. Set on an expansive ~14,000 square foot lot, this property is also offered at a compelling value at just above land pricing, presenting a remarkable opportunity for a custom luxury estate. Building plans are available and this lot is build to suit.
Full Property Details
Full Property Details for 306 Island Cir
General
- Sold For: $1,725,000
- HOA FEE: $4/month
- HOA FEE FREQ.: Annually
- Taxes: $18,781 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4689514
- Added to Site: 48 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Child Safety Fence, Gunite, In Ground, Lighting, Tile
- Spa: Yes
- Spa Description: Heated
Exterior
- Exterior Features: Rain Gutters, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SARASOTA BEACH
- Driving Directions: Take Canal Road to Palm Island. After crossing the bridge turn left and make the first left onto Island Circle. The house is on your left.
- Direction Faces: East
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
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Cottage
- Architectural Style: Cottage
- Exterior Const.: Block, Concrete, Stucco
- Roof: Metal
- Stories/Levels: One
- Square Feet: 2,392
- Sq. Ft. Source: Public Records
- Living Area: 2,392 Sq. Ft.
- Year Built: 1952
Lot Features
- Property View: Water
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,978
- Lot Size: 13978
- Lot Dimensions: 50 x 117
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, Gulf/Ocean
- Water Extras: Yes
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Association Fee: $50
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $18,781.42
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 1 & N 1/2 LOT 2 & THAT PART OF PLATTED R/W ADJ AS DESC IN DB 296/10 & ESMT IN DB 263/443 BLK 3 SARASOTA BEACH
- Flood Zone Info: AE
- APN: 82050026
- Property ID: 82050026
- Block/Lot/Section: 3
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Schools
Schools serving 306 Island Cir
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.2 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.9 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 Island Cir
Date
Details
Price
Change
Source
5/04/2026
Sold
$1,725,000
-5.48%
MLS
4/15/2026
Listed
$1,825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
306 Island Circle, Sarasota, FL 34242 (MLS# A4689514) is a Single Family property that was sold at $1,725,000 on May 04, 2026. This property was listed by Jessica Hoffman from our Siesta Key Office.Want to learn more about 306 Island Circle? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.


