2 Island Cir Sarasota, FL 34242
Estimated payment $13,051/month
Highlights
- Canal View
- Corner Lot
- Access to Saltwater Canal
- Phillippi Shores Elementary School Rated A
- Mature Landscaping
- Property fronts a saltwater canal
About This Lot
*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.
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3223623 Listed on: 08/25/2025

Property Details
Property Type
- Land
Est. Annual Taxes
- $8,073
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 50x167
- Property fronts a saltwater canal
- Mature Landscaping
- Corner Lot
- Property is zoned RSF2
HOA Fees
- $6 Monthly HOA Fees
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Additional Features
- Canal Views
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 44 / 7
- Assessor Parcel Number 0082110028
Community Details
Overview
- Sarasota Beach Community
- Sarasota Beach Subdivision
Recreation
- Access to Saltwater Canal
- Open Dock
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $6,026 | $618,855 | -- | -- |
2023 | $6,026 | $483,846 | $0 | $0 |
2022 | $5,902 | $469,753 | $0 | $0 |
2021 | $5,835 | $456,071 | $0 | $0 |
2020 | $5,892 | $449,774 | $0 | $0 |
2019 | $5,709 | $439,662 | $0 | $0 |
2018 | $5,590 | $431,464 | $0 | $0 |
2017 | $5,567 | $422,590 | $0 | $0 |
2016 | $5,602 | $828,900 | $519,000 | $309,900 |
2015 | $5,697 | $860,900 | $583,400 | $277,500 |
2014 | $5,564 | $398,019 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $2,275,000 | -- | $590 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $630,000 | Negative Amortization | |
Previous Owner | $550,000 | Negative Amortization | |
Previous Owner | $250,000 | Unknown |
Source: Stellar MLS
MLS Number: A4663157

APN: 0082-11-0028
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