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Residential Land Near Siesta Key
For Sale
$950,000
Pending

105 ISLAND CIRCLE, Sarasota, FL 34242

Two lots near Siesta Key Beach with potential for rebuilding.

Property Size576 SF
Lot Size0.45 Acres
Days on Market503

Property Features for 105 ISLAND CIRCLE

General Information

Standard status Pending
Size 576 SF
Lot size 0.45 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $7,593

Amenities

Corner Lot
Pool
Public Pool
Buildable
Oversized
Listing Agency: COLDWELL BANKER REALTY
Listed By: LINDA SCHELLER, LLC · License #0372710
Source: Corcoran
Added: Apr 17, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This property features two lots totaling 0.45 acres (19,456 square feet). The location offers the potential to build a custom home with a guest house, pool, and gardens. The property is located in the Palm Island community, which includes 298 homes and an Elsie Blair Park area for resident gatherings. The main home experienced water intrusion from Hurricane Helene, which has been mitigated. The property includes a 576 square foot studio unit with a full bath, kitchenette, and sliding doors leading to a 120 square foot wood deck above a detached two-car garage. The studio could serve as an art studio, home office, or in-law suite. The garage is a legal non-conforming space. The property is located two blocks from Siesta Key Beach and minutes from Siesta Key Village, which offers restaurants, live music, shops, nightlife, and a farmers market. Nearby recreational activities include fishing, boating, parasailing, kayaking, swimming, and snorkeling. Downtown Sarasota, St. Armands Circle, and Lido Beach are also nearby. The Sarasota Airport, Asolo Repertoire Theater, and Ringling Museum are within minutes of the property.

Key Highlights

  • Two lots totaling 0.45 acres in Palm Island, a community of only 298 homes.
  • Located just 2 blocks from Siesta Key Beach.
  • Includes a 576 sq ft studio unit/guest suite with full bath, kitchenette, and 120 sq ft deck above a detached 2‑car garage.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop Hair Salon HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two lots near Siesta Key Beach with potential for rebuilding.
Where is this residential land & home lot located?
The property is located at 105 ISLAND CIRCLE Sarasota, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two lots totaling 0.45 acres in Palm Island, a community of only 298 homes.; Located just 2 blocks from Siesta Key Beach.; Includes a 576 sq ft studio unit/guest suite with full bath, kitchenette, and 120 sq ft deck above a detached 2‑car garage.
More about this property
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