Seller's Agent in 2025
Thomas Cail
RE/MAX
(941) 780-2245
17 in this area
59 Total Sales
238 Island Cir Sarasota, FL 34242
4
Beds
4
Baths
2,854
Sq Ft
9,763
Sq Ft Lot
Highlights
- 85 Feet of Salt Water Canal Waterfront
- Dock has access to electricity and water
- Screened Pool
- Phillippi Shores Elementary School Rated A
- Boat Lift
- Custom Home
About This Home
As of June 2024Stunning Canal front renovation located on Palm Island (a short walk to the Beach-Access 10) with all the best Siesta Key has to offer. This 4 Bedroom, 4 Bathroom home stuns as soon as you enter the property and the threshold with a custom mahogany double entry door under a Ipe wood inlaid ceiling. Hurricane rated Impact Glass throughout. The interior renovated by Nautilus Homes (AIA Florida 2022 Builder of the Year), boasts Porcelain Provenza W-Age Italian tile featuring a unique cross-cut wood pattern on the main floor & Legno Bastone European White Oak Wood 8” wide plank flooring on the upper floor. The kitchen features Custom Brookhaven cabinetry and Silestone countertops, a Dornbracht faucet & Hand painted limited edition tiles by Ann Sacks as a backsplash. Viking Professional, Sub-Zero/Wolf and ASKO high-end appliances, including Wolf induction cooktop and Zephyr curved-canopy range hood for the chef. The Master Bathroom features Custom mosaic tile wall, Wetstyle freestanding bathtub & Elite Woodwork Custom Cabinetry. All Bathrooms feature Hansgrohe fixtures, Toto toilets & Vanities & mirrors by Decotec & Wetstyle. The backyard is very private with no homes visible across the wide canal. Decks & Terraces with Cable railings with Ipe wood handrails, rear decks with cypress wood inlaid ceilings and marine-grade stainless steel fans overlooks a Tropical Paradise designed by DWY Landscape Architects, whose awards include ASLA Florida Award of Excellence, and the newer (2018, including Seawall Cap) composite dock with 10k lift on the Grand Canal. A Custom Six Kayak storage rack & a Kayak lift round out the Island lifestyle. There is even a custom treehouse for children built by Miami Treehouse Builders. This home is ideally situated on Palm Island, which is a Island on a Island. You are a short walk to the Beach (Beach Access 10) & the restaurants and nightlife of the Village, without the traffic.
Last Agent to Sell the Property
PREFERRED SHORE LLC License #3089245 Listed on: 01/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,736
Year Built
- Built in 1965
Lot Details
- 9,763 Sq Ft Lot
- 85 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Southwest Facing Home
- Fenced
- Mature Landscaping
- Private Lot
- Landscaped with Trees
- Property is zoned RSF2
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Custom Home
- Contemporary Architecture
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,854 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Sliding Doors
- Family Room Off Kitchen
- Canal Views
- Home Security System
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 Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Dock has access to electricity and water
- Deeded Boat Dock
- Dock made with Composite Material
- Balcony
- Courtyard
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 15 / 2
- Assessor Parcel Number 0082050039
Community Details
Overview
- Howard Scherer Association
- Sarasota Beach Community
- Sarasota Beach Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2024
Closed on
Jun 7, 2024
Sold by
Gupta Manoj K and Chan Vivien Wk
Bought by
Hanke Kolja and Hanke Caroline Daniela
Seller's Agent
Dan Miller
PREFERRED SHORE LLC
Buyer's Agent
Thomas Cail
RE/MAX ALLIANCE GROUP
List Price
$3,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$250,000
-7.69%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$1,500,000
Outstanding Balance
$1,482,694
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,483,792
Purchase Details
Closed on
Aug 1, 2011
Sold by
Letts Brian P and Letts Catherine
Bought by
Gupta Manoj K and Chan Vivien Wk
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 8, 2002
Sold by
Letts Brian P and Letts Catherine
Bought by
Letts Brian P and Letts Catherine
Purchase Details
Closed on
Sep 17, 1993
Sold by
Mowbray Mabel L and Meehan Mabel L
Bought by
Letts Brian P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.22%
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
Average Home Value in this Area
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
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
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Thomas Cail
-
Jason Grande
Seller Co-Listing Agent in 2025
Jason Grande
RE/MAX
(941) 954-5454
13 in this area
50 Total Sales
-
Dan Miller
Seller's Agent in 2024
Dan Miller
PREFERRED SHORE LLC
(941) 349-3460
16 in this area
39 Total Sales
Map
Source: Stellar MLS
MLS Number: A4596865
APN: 0082-05-0039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 5250 Calle de Rio
- 5219 Calle de Rio
- 451 Avenida de Mayo
- 5164 Windward Ave
- 311 Island Cir
- 5302 La Rosas
- 396 Avenida Madera
- 175 Island Cir
- 344 Canal Rd
- 385 Avenida Madera
- 5174 Sandy Cove Ave
- 5168 Sandy Cove Ave
- 643 Calle de Peru
- 308 Canal Rd
- 5103 Windward Ave
- 5219 Calle Menorca
- 5319 Calle de La Siesta
- 105 Island Cir
- 430 Island Cir
- 304 Calle Miramar Unit 2