114 Island Circle Sarasota, FL 34242 - SALTWATER CANAL
Pending MLS# TB8487309
0.36 Acres Lot/Land
Details for 114 Island Circle
MLS# TB8487309
Description for 114 Island Circle, Sarasota, FL, 34242 - SALTWATER CANAL
Under contract-accepting backup offers. A rare opportunity to secure a true waterfront estate-sized homesite in the highly sought-after Palm Island enclave of Siesta Key. Located at the end of a quiet loop on Island Circle, this oversized 15,500 square foot pie-shaped double lot offers an exceptional 180+ feet of water frontage, creating a private, expansive setting rarely found this close to the beach. Surrounded by lush natural mangroves and multimillion-dollar residences, this property delivers the perfect balance of privacy, exclusivity, and direct boating access. A standout feature of the property is the grandfathered in 20x24 dock, significantly larger than what current regulations allow. Paired with a 14,000-pound boat lift and existing water and electric connections, for boating enthusiasts, this is not just a convenience, it’s a major asset that cannot be replicated today. This homesite offers a strong foundation for new construction and the opportunity to design and build a custom waterfront estate tailored to your vision. The lot’s unique shape and size allow for a larger footprint, creative architectural design, and maximization of water views. Palm Island is one of Siesta Key’s best kept secrets, an intimate community of fewer than 140 homes known for its quiet streets, limited traffic, and strong sense of privacy and community. The property is ideally positioned across from a small community green space and just minutes from the world-renowned Siesta Key Beach, consistently ranked among the top beaches in the United States. Whether you are looking to build a full-time residence, a seasonal retreat, or a long-term investment property, this lot presents a rare combination of size, location, waterfront access, and redevelopment potential that is becoming increasingly difficult to find on Siesta Key. Opportunities like this are limited, especially with irreplaceable features like this dock and water frontage.
Listing Information
Property Type: Lot/Land, Residential
Status: Pending
Lot Size: 0.36 Acres
Subdivision: Sarasota Beach
Current Use: Residential,Single Family
County: Sarasota
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Water Available
Exterior / Lot Features
Lot View: Canal,Water
Lot Dimensions: 78x124x158x180
Additional Exterior/Lot Features: Cul-de-Sac, City Lot, Buildable, Outside City Limits
Waterfront Details
Standard Water Body: SALTWATER CANAL
Water Front Features: Canal Access
Driving Directions
Heading South on Ocean Blvd, Turn Left onto Beach Road. Continue until you reach Calle de Invierno, then Turn Left. Continue Straight and turn slightly Left onto Calle Florida. Turn Right onto Island Circle and continue straight until you reach the cul de sac, property is located on the Right.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 0082060066
Tax Amount: 16560.34
Tax Year: 2025
A broker reciprocity listing courtesy: KELLER WILLIAMS ST PETE REALTY
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Sales History & Tax Summary for 114 Island Circle
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 114 Island Circle
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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