$500,000
SOLD JAN 29, 2026

175 Island Cir Sarasota, FL 34242

2 Beds
1 Bath
1,198 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

20% Below List Price

369 Days on Market

Highlights

  • 62 Feet of Creek Waterfront
  • View of Trees or Woods
  • Great Room
  • Phillippi Shores Elementary School Rated A
  • Open Floorplan
  • No HOA

About This Home

As of January 2026

Discover a unique opportunity to embrace the Siesta Key lifestyle in this 1952 cottage. Nestled in the Heart of Palm Island - a tranquil neighborhood and just a short walk from both iconic Siesta Key Beach and vibrant Siesta Key Village. This property is a blank canvas awaiting your vision. Whether you’re considering a renovation or building it up or tearing it down to build your dream home, endless potential awaits. The home backs onto a serene, tidal saltwater ravine, offering a private backdrop. With ample room for a pool and personalized landscaping, this home invites you to create your own outdoor oasis. Please note that there is mold present as a result of the past hurricane. This is an exciting project for the visionary buyer. Step into a lifestyle where every day feels like a vacation. Your Siesta Key sanctuary awaits! Roof 4 years old A/C replaced in 2019. Pecky Cypress siding, wood beamed ceilings. Loaded with potential. Great quiet neighborhood.

Last Agent to Sell the Property

Robert Moffatt

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-966-8000 License #0447791 Listed on: 01/10/2025

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Peggy Wellman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-966-8000 License #0420672

Last Buyer's Agent

Marat Bagaev

BEACHFRONT REALTY INC License #3291826

BEACHFRONT REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1952

Lot Details

  • 4,503 Sq Ft Lot
  • Lot Dimensions are 58x130x62x122
  • 62 Feet of Creek Waterfront
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned RSF2

Home Design

  • Cottage
  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Frame Window
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Vinyl Flooring
  • Views of Woods

Kitchen

  • Range
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Flood Zone Lot
  • Drainage Canal

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,970

Year Built

Built in 1952

Lot Details

4,503 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Ranch
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1198
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1952
  • Building Area Total: 1368
  • Lot Size Sq Ft: 4503
  • Status: Sold
  • Co List Office Mls Id: MFR281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • Entry Level: 1
  • Building Area Total Srch Sq M: 127.09
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 417.36
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-966-8000
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Wood Frames
  • Additional Rooms: Family Room,Great Room,Inside Utility
  • Living Area Meters: 111.30

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Outdoor Shower
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods
  • Water Body Name: REVINE
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 62
  • Flood Zone Panel: 12115C0143G
  • Water Frontage Feet Creek: 62

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Open

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 0

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082060043
  • Additional Parcels: No
  • Lot Features: Drainage Canal, FloodZone, In County, Paved
  • Lot Dimensions: 58x130x62x122
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1970.15
  • Tax Block: 5
  • Tax Book Number: 1-76
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 27, 2026
Sold by
Grach Yevgeniy
Bought by
Heart Island Properties Llc
Seller's Agent
Robert Moffatt
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marat Bagaev
BEACHFRONT REALTY INC
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
327.30%

Purchase Details

Listed on
Jan 10, 2025
Closed on
Jan 29, 2026
Sold by
Turner Judith M
Bought by
Grach Yevgeniy
Seller's Agent
Robert Moffatt
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marat Bagaev
BEACHFRONT REALTY INC
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
224
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $100 Csc Document Recording (Record
Warranty Deed $500,000 Florida Abstract & Security Ti
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2026 01/29/26 Sold $500,000 -20.0% $417 / Sq Ft
01/14/2026 01/14/26 Pending -- -- --
12/16/2025 12/16/25 For Sale $625,000 0.0% $522 / Sq Ft
12/08/2025 12/08/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $625,000 0.0% $522 / Sq Ft
11/20/2025 11/20/25 Pending -- -- --
11/08/2025 11/08/25 For Sale $625,000 +25.0% $522 / Sq Ft
11/07/2025 11/07/25 Off Market $500,000 -- --
10/09/2025 10/09/25 For Sale $625,000 0.0% $522 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $625,000 -3.8% $522 / Sq Ft
02/25/2025 02/25/25 Price Changed $650,000 -7.1% $543 / Sq Ft
01/10/2025 01/10/25 For Sale $699,900 -- $584 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,970 $522,900 $497,600 $25,300
2024 $1,872 $166,044 -- --
2023 $1,872 $161,208 $0 $0
2022 $1,796 $156,513 $0 $0
2021 $1,815 $151,954 $0 $0
2020 $1,806 $149,856 $0 $0
2019 $1,726 $146,487 $0 $0
2018 $1,668 $143,756 $0 $0
2017 $1,657 $140,799 $0 $0
2016 $1,656 $257,000 $192,800 $64,200
2015 $1,683 $322,300 $267,700 $54,600
2014 $1,674 $133,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4635320

Stellar MLS

APN: 0082-06-0043

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