114 Island Circle, Sarasota, FL 34242
Local realty services provided by:CENTURY 21 Alliance Realty Group
Listed by: alex clark
Office: keller williams st pete realty
MLS#:TB8487309
Source:MFRMLS
Price summary
- Price:$2,000,000
About this home
A rare opportunity to secure a true waterfront estate-sized homesite in the highly sought-after Palm Island enclave of Siesta Key. Located at the end of a quiet loop on Island Circle, this oversized 15,500 square foot pie-shaped double lot offers an exceptional 180+ feet of water frontage, creating a private, expansive setting rarely found this close to the beach. Surrounded by lush natural mangroves and multimillion-dollar residences, this property delivers the perfect balance of privacy, exclusivity, and direct boating access. A standout feature of the property is the grandfathered in 20x24 dock, significantly larger than what current regulations allow. Paired with a 14,000-pound boat lift and existing water and electric connections, for boating enthusiasts, this is not just a convenience, it’s a major asset that cannot be replicated today. With a base elevation of approximately 9–10 feet, this homesite offers a strong foundation for new construction and the opportunity to design and build a custom waterfront estate tailored to your vision. The lot’s unique shape and size allow for a larger footprint, creative architectural design, and maximization of water views. Palm Island is one of Siesta Key’s best kept secrets, an intimate community of fewer than 140 homes known for its quiet streets, limited traffic, and strong sense of privacy and community. The property is ideally positioned across from a small community green space and just minutes from the world-renowned Siesta Key Beach, consistently ranked among the top beaches in the United States.
Whether you are looking to build a full-time residence, a seasonal retreat, or a long-term investment property, this lot presents a rare combination of size, location, waterfront access, and redevelopment potential that is becoming increasingly difficult to find on Siesta Key.
Opportunities like this are limited, especially with irreplaceable features like this dock and water frontage....
Contact an agent
Home facts
- Listing ID #:TB8487309
- Added:8 day(s) ago
- Updated:April 05, 2026 at 01:32 PM
Structure and exterior
- Lot area:0.36 Acres
- Lot Features:Buildable, Cul-de-sac
- Levels:1 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,000,000
- Tax amount:$16,560 (2025)
Features and amenities
- Amenities:Cable Available, Electricity Available, Phone Available
- Pool features:Public Pool
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Alliance Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Alliance Realty Group, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Properties in listings may have been sold or may no longer be available.
Copyright 2026 Stellar Mls. All rights reserved.New listings near 114 Island Circle
- New
$150,000Active1 beds 1 baths792 sq. ft.5765 Gardens Drive, SARASOTA, FL 34243
MLS# A4688880Listed by: KW SUNCOAST - New
$950,000Active3 beds 3 baths2,964 sq. ft.4940 Bridgehampton Boulevard, SARASOTA, FL 34238
MLS# C7524345Listed by: EPIQUE REALTY, INC. - New
$1,290,000Active5 beds 4 baths3,335 sq. ft.1804 Baywood Drive, SARASOTA, FL 34231
MLS# A4686175Listed by: FINE PROPERTIES - Open Fri, 2 to 4pmNew
$3,799,000Active5 beds 4 baths3,446 sq. ft.765 Siesta Key Circle, SARASOTA, FL 34242
MLS# A4688871Listed by: FLATFEE.COM - New
$465,000Active3 beds 2 baths1,622 sq. ft.3399 Espanola Drive, SARASOTA, FL 34239
MLS# A4688529Listed by: FINE PROPERTIES - New
$410,000Active2 beds 2 baths1,913 sq. ft.5361 San Juan Drive, SARASOTA, FL 34235
MLS# N6143756Listed by: CORNERSTONE R.E OF SW FL - New
$675,000Active3 beds 2 baths1,210 sq. ft.708 42nd Street, SARASOTA, FL 34234
MLS# A4688855Listed by: COLDWELL BANKER REALTY - New
$1,800,000Active0.16 Acres243 Coolidge Drive, SARASOTA, FL 34236
MLS# A4688712Listed by: PREMIER SOTHEBY'S INTERNATIONAL REALTY - New
$500,000Active3 beds 2 baths1,656 sq. ft.6416 Samoa Drive, SARASOTA, FL 34241
MLS# A4688850Listed by: KELLER WILLIAMS ON THE WATER 
$299,990Active2 beds 1 baths1,404 sq. ft.3020 Hawthorne Street, SARASOTA, FL 34239
MLS# N6142724Listed by: EXIT KING REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.