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    2 Island Cir Sarasota, FL 34242

    For Sale
    $2,275,000

    Land - SARASOTA, FL

    Lot size:
    0.41 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 2 Island Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RSF2
    APN
    0082110028
    Pets allowed
    Yes
    Exterior features
    Corner Lot, Dock
    Dock
    1
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Expense value
    6.25
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Water front features
    Canal - Saltwater, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

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

    Listing agent George Miller (941) 349-4411 License #3223623

    Listing date Oct 31, 2025

    MLS# A4663157 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

    Waterfront Lots in Palm Island

    Two buildable waterfront lots are available in Palm Island, situated in Siesta Key. This property offers the opportunity to reside in a sought-after neighborhood, known for its quiet and friendly atmosphere, while remaining close to amenities. The combined lot size is 17,883 square feet. The property is located approximately 600 feet from the beach and is situated on the Grand Canal, providing access to the Intercoastal Waterway. It is also a short distance from Siesta Key Village. The property consists of two county-approved building lots, presenting opportunities for various interests. House plans, budget information, and surveys are available for both lots. The existing home was built using the Lamolithic poured in place construction method developed by John Lambie Jr, with primary structure and walls made of 12-inch poured concrete.
    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
    -82.556905
    Latitude
    27.270612

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    FAQs

    What type of property is this?
    Residential land & home lot - Two buildable waterfront lots in Siesta Key's Palm Island.
    Where is this residential land & home lot located?
    The property is located at 2 Island Cir Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,275,000.
    What are key features of this property?
    This property features: - Two buildable waterfront lots on the Grand Canal in Palm Island, Siesta Key.; - Minutes by boat to the Intercoastal Waterway and a short distance to Siesta Key Village.; - Located only 600 feet from Siesta Key Beach.
    (941) 349-4411
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    2 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
    2 Island Cir Sarasota, FL 34242
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