NOT LISTED FOR SALE

208 Island Cir Sarasota, FL 34242

Estimated Value: $1,491,000 - $1,612,000

3 Beds
2 Baths
2,287 Sq Ft
$671/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $1,775,000 $776 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,195/month

17 Days on Market

Highlights

  • 78 Feet of Salt Water Canal Waterfront
  • Boat Slip Deeded
  • Screened Pool
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Canal View

About This Home

As of July 2023

Indulge in the ultimate luxury living experience on Siesta Key by stepping right into your dream home, where the wonders of this sought-after destination will envelop you. Located in the highly coveted Palm Island community, this stunning canal front property is the epitome of sophistication and class. With its prime location, it caters to every lifestyle, whether you're a beach lover, a boating enthusiast, or a nature admirer. Just a short distance away, you'll find the famed Siesta Beach (Beach Access 10) and the lively Siesta Key Village, where a plethora of dining, shopping, and entertainment options await. As you enter this immaculately maintained island residence, you'll be greeted by fresh landscaping and a circular driveway that sets the tone for the exquisite waterfront oasis that awaits you. The well-designed floor plan boasts a spacious living room at the front and a cozy family room at the back, both seamlessly connected and perfect for both functionality and style. The tile flooring throughout adds a touch of elegance, while the kitchen features granite countertops and stainless steel appliances that are only a few years old. Retreat to your very own owner's suite, complete with a walk-in closet and an en-suite bathroom featuring dual sinks and a glass enclosure shower. The two guest bedrooms are equally charming, each with its own exit to the courtyard and lanai, allowing for seamless indoor-outdoor living. The screened-in lanai, surrounded by travertine tiles, is the ultimate spot for summer entertaining, providing a touch of sophistication that complements the luxurious ambiance of this home. And let's not forget about your boat! This stunning home features a 10,000lb boat lift, with a brand new seawall in the process of being installed. Plus, you can rest easy knowing that a new roof was recently installed in 2020 over the pool area and 2021 over the main residence. Come and experience the ultimate in luxury living on Siesta Key, where every day feels like a vacation in your very own idyllic sanctuary. BE SURE TO CHECK OUT THE PROFESSIONAL VIDEO TOUR: https://vimeo.com/822073442

Last Agent to Sell the Property

Kaisen Mitchell

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #3394183 Listed on: 04/21/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Shana Hamel

NEXTHOME EXCELLENCE License #3420940

NEXTHOME EXCELLENCE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $652

Year Built

  • Built in 1957

Lot Details

  • 10,663 Sq Ft Lot
  • 78 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Southwest Facing Home
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,287 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Courtyard
  • Private Mailbox

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

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

$652

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2287
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 3178
  • Lot Size Sq Ft: 10663
  • Directions to Property: Beach Rd to Calle Del Invierno to Island Circle, left to 208 Island Cir
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 776.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 941-388-3966
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 208
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 212.47
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Courtyard, Private Mailbox, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Slip Deeded On-Site,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 78
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 78
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

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: 0082050043
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 991

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify short-term rental restrictions with city/county.

Tax Info

  • Tax Annual Amount: 652
  • Tax Block: 2
  • Tax Book Number: 1-76
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 12, 2023
Sold by
Case Gerald J and Case Jane M
Bought by
Palm Island Life Llc
Seller's Agent
Kaisen Mitchell
COLDWELL BANKER REALTY
Buyer's Agent
Shana Hamel
NEXTHOME EXCELLENCE
List Price
$2,000,000
Sold Price
$1,775,000
Premium/Discount to List
-$225,000
-11.25%
Views
57
Current Estimated Value
$1,535,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239,662
Avg. Annual Appreciation
-6.32%
Original Mortgage
$1,331,250
Outstanding Balance
$1,300,653
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$234,685

Purchase Details

Closed on
Feb 17, 2010
Sold by
Case Gerald J and Case Jane M
Bought by
Case Gerald J and Case Jane M

Purchase Details

Closed on
Oct 1, 2009
Sold by
Sweitzer Kenneth L and Sweitzer Cynthia A
Bought by
Case Gerald J and Case Jane M

Purchase Details

Closed on
Feb 1, 2002
Sold by
Mason Larry D and Mason Linda L
Bought by
Joseph Ikbal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Monine Robert F and Monine Carole F
Bought by
Mason Larry D and Mason Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2000
Sold by
Monine Robert F and Monine Carole F
Bought by
Mason Larry D and Mason Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.11%

Purchase Details

Closed on
Jan 12, 1998
Sold by
Phil & Greg Inv Inc
Bought by
Monine Robert F and Monine Carole F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palm Island Life Llc $1,775,000 None Listed On Document
Case Gerald J -- Attorney
Case Gerald J $675,000 Attorney
Joseph Ikbal $560,000 --
Joseph Ikbal -- --
Mason Larry D -- --
Mason Larry D -- --
Mason Larry D $456,500 --
Monine Robert F $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Island Life Llc $1,331,250
Previous Owner Joseph Ikbal $448,000
Previous Owner Mason Larry D $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $1,775,000 -11.3% $776 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $2,000,000 -- $875 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $660 $1,398,400 $1,032,700 $365,700
2023 $660 $685,652 $0 $0
2022 $652 $665,682 $0 $0
2021 $523 $620,177 $0 $0
2020 $519 $605,697 $0 $0
2019 $483 $592,079 $0 $0
2018 $453 $581,039 $0 $0
2017 $496 $569,088 $0 $0
2016 $499 $679,900 $430,500 $249,400
2015 $499 $627,700 $408,200 $219,500
2014 $499 $541,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4567844

Stellar MLS

APN: 0082-05-0043