114 ISLAND CIRCLE Sarasota, FL 34242

Listing agency KELLER WILLIAMS ST PETE REALTY t***@gmail.com Show Phone

Listed by ALEX CLARK · License #3542512

Source Corcoran

Added: Mar 20 Updated: Jul 6 at 1:41PM Checked: Jul 21 at 5:23AM

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Investment Insights

Based on property information with market context.

This waterfront property is a double lot located in the Palm Island enclave of Siesta Key. The pie-shaped lot measures 15,500 square feet and features over 180 feet of water frontage. The property includes a grandfathered 20x24 dock, larger than current regulations allow, along with a 14,000-pound boat lift and existing water and electric connections. The base elevation of the homesite is approximately 9–10 feet. Palm Island is a community of fewer than 140 homes known for its quiet streets and privacy. The property is located across from a small community green space and minutes from Siesta Key Beach. This lot offers the opportunity to design and build a custom waterfront estate. The lot’s shape and size allow for a larger footprint and maximization of water views. The property is surrounded by natural mangroves and multimillion-dollar residences, offering privacy and direct boating access. It is suitable for a full-time residence, a seasonal retreat, or a long-term investment property.

Key Highlights

• Rare, oversized 15,500 sq ft waterfront double lot with 180+ feet of frontage in the desirable Palm Island enclave of Siesta Key.
• Grandfathered‑in 20x24 dock (larger than currently allowed) with 14,000‑pound boat lift, water, and electric connections.
• Direct boating access combined with proximity to Siesta Key Beach.

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FAQs

What type of property is this?

Waterfront Land - Rare waterfront double lot with grandfathered dock and boat lift.

Where is this waterfront land located?

The property is located at 114 ISLAND CIRCLE Sarasota, FL.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: Rare, oversized 15,500 sq ft waterfront double lot with 180+ feet of frontage in the desirable Palm Island enclave of Siesta Key.; Grandfathered‑in 20x24 dock (larger than currently allowed) with 14,000‑pound boat lift, water, and electric connections.; Direct boating access combined with proximity to Siesta Key Beach.