$950,000
105 Island Circle
Sarasota, FL 34242
Listing updated: June 16, 2026 at 9:29 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. This land is a RARE BEAUTY, are you dreaming of building your home where you and your family enjoy a lifestyle uniquely created for yourselves? IMAGINE a majestic home with a standalone guest house, alluring pool and gardens privately nestled among the palm trees. This property offers 2 lots, 0.45 acres / 19,456 sf. Palm Island is a community with only 298 homes where the residents enjoy gatherings in their Elsie Blair Park area. The main home had water intrusion from hurricane Helene which has been mitigated and could be rebuilt or torn down, consult your contractor for construction specifics. There is a Studio Unit/guest suite 576 hsf fully equipped with a full bath, kitchenette, sliding doors out to a large 120 sf wood deck above the detached 2 car garage. This would make a fabulous art studio, home office or in-law suite. The garage is a legal non-conforming space. Studio/Garage is block, consult your contractor for details. Take a stroll only 2 blocks to Siesta Key Beach and sink your toes into the luxurious quartz sand and sparkling water. The Village is minutes away where you will find fabulous restaurants, live music, specialty shops, night life, Sunday Farmers Market, art festivals and more. Take the Siesta Trolly to tour the island and beaches. You can also enjoy fishing, boating, parasailing, kayaking, swimming and snorkeling nearby. You are very close to downtown Sarasota, St. Armands Circle and Lido Beach are just across the Ringling Causeway Bridge. The Sarasota Airport, Asolo Repertoire Theater and Ringling Museum are all within minutes of your unique estate homesite. What a wonderful place to live and call home! Life is good at the Beach!!!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history362 days on market
- Status: PendingApr 15, 2026
- Listed$1,200,000Apr 17, 2025
- Price reduced$950,000
Facts & features
- Property type
- Land
- Status
- Pending
- Days on market
- 362
- Subdivision
- Sarasota Beach
- County
- Sarasota
- Price/sq ft
- $49
- Lot size
- 19,456 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE
- Annual taxes
- $7,593 (2024)
- Parcel #
- 0082060027
- Zoning
- RSF2
- MLS #
- A4647819
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Interior Details
- Direction faces
- Northeast
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- Palm Island Neighbor Association
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-04-17
- On market date
- 2025-04-17
- Original list price
- $1,200,000
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-15
- Tax legal description
- LOT 4 & 5, BLK 6, SARASOTA BEACH, LESS THEREFROM THAT PART OF SAID LOT 4 DESC AS BEG AT NW COR OF SAID LOT 4 TH S 8-08 E ALG W LINE OF SAID LOT 4 A DISTANCE OF 69.55 FT TH N 12-53 E 76.7 FT TO N
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South US 41 to Siesta Key, Siesta Drive to Higel Avenue to Ocean Blvd turn left onto Calle Del Invierno continue on Calle Florida, cross small bridge to Palm Island, first right to Island Circle property on the left side. South US 41 to Siesta Key, Stickney Point Road to right on Midnight Pass Road to Beach Road turn right on Calle Del Invierno continue on Calle Florida, cross small bridge to Palm Island, turn right onto Island Circle property on left side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 16, 2026 at 9:29 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA