Rare Palm Island
For Sale
$950,000
Pending
105 ISLAND CIRCLE, Sarasota, FL 34242
Two lots totaling 0.45 acres in Palm Island.
Property Size576 SF
Lot Size0.45 Acres
Days on Market566
Property Features for 105 ISLAND CIRCLE
General Information
Standard status
Pending
Size
576 SF
Lot size
0.45 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$7,592
Listing Agency:
COLDWELL BANKER REALTY
(941) 383-6411
Listed By:
Linda Scheller, LLC · License #0372710
(941) 806-7981
Source:
Exitrealty
Added: Apr 18, 2025
Changed: Oct 25
Last Checked: Oct 25 at 10:44PM
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
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Investment Insights
Based on property information with market context.
This property features two lots totaling 0.45 acres or 19,456 square feet. It is located in Palm Island, a community of 298 homes. Residents can gather in the Elsie Blair Park area. The main home experienced water intrusion from Hurricane Helene, which has been mitigated. The property includes a 576 square foot studio unit or guest suite, equipped with a full bath, kitchenette, and sliding doors that open to a 120 square foot wood deck above the 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 activities include fishing, boating, parasailing, kayaking, swimming, and snorkeling. Downtown Sarasota, St. Armands Circle, and Lido Beach are also nearby, across the Ringling Causeway Bridge. The Sarasota Airport, Asolo Repertoire Theater, and Ringling Museum are within minutes of the property. The land is intended for building a home with a guest house, pool, and gardens.
Key Highlights
- Prime location: Just two blocks from Siesta Key Beach.
- Double Lot: Property includes two lots totaling 0.45 acres, offering ample space.
- Guest Suite: Features a 576 sq ft studio unit with a full bath, kitchenette, and 120 sq ft deck above a detached 2‑car garage.
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Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two lots totaling 0.45 acres in Palm Island.
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: Prime location: Just two blocks from Siesta Key Beach.; Double Lot: Property includes two lots totaling 0.45 acres, offering ample space.; Guest Suite: Features a 576 sq ft studio unit with a full bath, kitchenette, and 120 sq ft deck above a detached 2‑car garage.
