$2,275,000

2 Island Cir Sarasota, FL 34242

Estimated payment $13,051/month

Total Views 2,073
0.41 Acre
$5,548,780 Price per Acre
17,860 Sq Ft Lot

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

George Miller

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3223623 Listed on: 08/25/2025

COLDWELL BANKER REALTY

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

Property Details

Property Type

Land

Est. Annual Taxes

$8,073

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17883
  • Directions to Property: Beach Rd to Calle Del Invierno to stop sign. Over small bridge onto Palm Island. Property on right.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • RATIO Current Price By Calculate: 127.22
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-4411
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2

Exterior Features

  • View: Water
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras YN: 0
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0143G
  • Price Per Acre: 5548780

Utilities

  • Utilities: BB/HS Internet Available, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: See county regs
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 75.00
  • Total Monthly Fees: 6.25
  • Monthly HOA Amount: 6.25

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082110028
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Corner Lot, In County
  • Lot Dimensions: 50x167
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1661
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 8072.69
  • Tax Block: 7
  • Tax Book Number: 1-76
  • Tax Lot: 44

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $2,275,000 -- $590 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

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: Public Records

Source: Stellar MLS

MLS Number: A4663157

Stellar MLS

APN: 0082-11-0028