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    105 Island Cir Sarasota, FL 34242

    For Sale
    $1,100,000

    Land - SARASOTA, FL

    Lot size:
    0.45 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 105 Island Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF2
    APN
    0082060027
    Pets allowed
    Yes
    Exterior features
    Corner Lot
    Lot size
    0.45 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker (813) 754-3586 [email protected]

    Listing agent Linda Scheller, LLC (941) 383-6411 License #0372710

    Listing date Sep 7, 2025

    MLS# A4647819 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Siesta Key Land Opportunity

    This property offers a rare opportunity to build a custom home and guest house with a pool and gardens on two lots totaling 0.45 acres or 19,456 square feet. Located in the Palm Island community, which includes 298 homes and an Elsie Blair Park area for resident gatherings, the property is just two blocks from Siesta Key Beach. The main home on the property experienced water intrusion from Hurricane Helene, which has been mitigated. Consult your contractor for construction specifics regarding rebuilding or demolition. A 576 square foot studio unit or guest suite with a full bath, kitchenette, and sliding doors to a 120 square foot wood deck sits above the detached two-car garage. The garage is a legal non-conforming space. This space could serve as an art studio, home office, or in-law suite. The property is located minutes from Siesta Key Village, offering restaurants, live music, shops, nightlife, and a Sunday Farmers Market. Fishing, boating, parasailing, kayaking, swimming, and snorkeling opportunities are nearby. Downtown Sarasota, St. Armands Circle, and Lido Beach are across the Ringling Causeway Bridge. The Sarasota Airport, Asolo Repertoire Theater, and Ringling Museum are also within minutes of the homesite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Realty agency Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.556928
    Latitude
    27.273462

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    FAQs

    What type of property is this?
    Residential land & home lot - Rare 0.45 acre land near Siesta Key Beach.
    Where is this residential land & home lot located?
    The property is located at 105 Island Cir Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location: Just 2 blocks from Siesta Key Beach; - Two combined lots totaling 0.45 acres (19,456 sf) in Palm Island; - Includes a 576 sq ft studio unit with full bath and kitchenette above a 2-car garage
    (941) 383-6411
    Request Owner's contact information
    105 Island Cir Sarasota, FL 34242
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    Sarasota, FL 34242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Island Cir Sarasota, FL 34242
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