$2,900,000
$300K PRICE DROP

238 Island Cir Sarasota, FL 34242

Estimated payment $17,205/month

Total Views 15,569
4 Beds
4 Baths
2,854 Sq Ft
$1,016 Price per Sq Ft

Highlights

  • 85 Feet of Fresh Water Canal Waterfront
  • Dock has access to electricity and water
  • Access To Bayou
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Screened Pool

About This Home

Welcome to your dream island retreat, perfectly nestled in the heart of Siesta Key’s Palm Island, just minutes away from the world-famous Siesta Beach and vibrant Siesta Village. This beautifully renovated 4-bedroom, 4-bathroom home is the epitome of coastal luxury, offering the ultimate island lifestyle where you can enjoy sun, sand, and all the amenities of this exclusive locale. Meticulously transformed by the renowned Nautilus Homes, this home boasts an open floor plan with soaring high ceilings, making it the perfect space for both relaxation and entertaining. Every inch of the property has been updated with the finest finishes and state-of-the-art features, including:
Gourmet Kitchen with new appliances, Impact-Resistant Windows for peace of mind, New 17KW Solar System with backup generator, keeping your electric bill at an incredibly low $20-$30 per month, New Boat Lift Motors and a private dock, perfect for boating enthusiasts,
Saltwater Pool System and spa, enclosed in a serene, waterside cage for privacy, Custom Treehouse for a fun and unique retreat, Whole House Water Conditioner and new water heater, Two New A/C Units ensuring year-round comfort, Natural light pours into every room, highlighting the spacious living areas and creating an inviting atmosphere throughout. The sumptuous Primary Suite offers a private sanctuary, featuring views of the lush tropical surroundings. Step outside to your own private oasis where you can unwind by the pool, entertain in style, or take your boat out for a sunset cruise – all right in your backyard. With Siesta Key's famous restaurants, shops, and nightlife just moments away, you’ll have everything you need to experience the best of island living. This is a rare opportunity to own a piece of paradise on Palm Island, where the ultimate lifestyle meets extraordinary design and function.

Listing Agent

Thomas Cail

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0586337 Listed on: 04/24/2025

RE/MAX ALLIANCE GROUP

Co-Listing Agent

Jason Grande

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0620547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,636

Year Built

  • Built in 1965

Lot Details

  • 9,763 Sq Ft Lot
  • 85 Feet of Fresh Water Canal Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Property is zoned RSF2

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,854 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Access To Bayou
  • Access to Saltwater Canal
  • No Wake Zone
  • Boat Lift
  • Dock has access to electricity and water
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Balcony
  • Courtyard
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,636

Year Built

Built in 1965

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Frame
  • Fireplace: No
  • Living Area: 2854
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 4461
  • Lot Size Sq Ft: 9763
  • Directions to Property: Beach rd to east on Calle Invierno to straight on Calle Florida, left on Island circle
  • Status: Active
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1016.12
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 941-954-5454
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 238
  • Living Area Meters: 265.15
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Balcony, Courtyard, Lighting, Other, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bayou,Canal - Saltwater
  • Water Extras: Lift,No Wake Zone
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 85
  • Water Frontage Feet Canal Fresh: 85

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50.00
  • Total Monthly Fees: 4.17
  • Monthly HOA Amount: 4.17

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082050039
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 907
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: county rules

Tax Info

  • Tax Annual Amount: 22636.4
  • Tax Block: 2
  • Tax Book Number: 1-76
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $21,736 $1,641,989 -- --
2023 $21,736 $2,085,400 $996,200 $1,089,200
2022 $18,869 $1,716,400 $872,700 $843,700
2021 $15,857 $1,267,700 $651,400 $616,300
2020 $14,556 $1,121,500 $551,900 $569,600
2019 $13,734 $1,062,400 $530,800 $531,600
2018 $13,468 $1,040,600 $517,500 $523,100
2017 $12,757 $964,300 $418,300 $546,000
2016 $12,880 $965,900 $414,800 $551,100
2015 $11,870 $852,800 $395,800 $457,000
2014 $11,736 $759,440 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $2,900,000 -9.4% $1,016 / Sq Ft
04/24/2025 04/24/25 For Sale $3,200,000 +6.7% $1,121 / Sq Ft
06/07/2024 06/07/24 Sold $3,000,000 -7.7% $1,051 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $3,250,000 -- $1,139 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 None Listed On Document
Warranty Deed $855,000 None Available
Quit Claim Deed $50,000 --
Deed $171,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Closed $900,000 New Conventional
Closed $200,000 Credit Line Revolving
Open $1,500,000 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $584,500 Adjustable Rate Mortgage/ARM
Previous Owner $598,500 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $136,800 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4650032

Stellar MLS

APN: 0082-05-0039