306 Island Circle, Sarasota, FL 34242

$1,725,000
4
BD
3
BA
2,392
SqFt

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Sold Price
$1,725,000
List Price
$1,825,000
Status
Sold
Days on Market
4
Closing Date
May 04, 2026
MLS#
A4689514
Property Style
Single Family
Architectural Style
Cottage
Year Built
1952
Bedrooms
4
Bathrooms
3
Living Area
2,392
Lot Size
13,978
Acres
0.32
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Sarasota Beach
Community Name
Sarasota Beach
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

A truly rare offering, this waterfront residence is uniquely positioned with 133 feet of water frontage on two sides, creating an unparalleled sense of privacy and serenity. Nestled on prestigious Palm Island, in the heart of Siesta Key, this property embodies the ultimate coastal lifestyle. This spacious four-bedroom, three-bathroom home is thoughtfully designed, featuring two en-suite bedrooms alongside two additional generously sized guest rooms. Expansive windows invite in natural light while framing tranquil water views throughout the home. Boating enthusiasts will appreciate the private dock and boat lift at the rear of the property, with additional capacity to add a second dock and lift along the side canal—an extraordinary advantage rarely found. Ideally located, the home offers effortless access to world-renowned Siesta Key Beach and the vibrant Siesta Key Village, placing dining, shopping, and entertainment just a leisurely stroll away. Recently renovated, the residence showcases a large resort-style pool with spa, low-maintenance tropical landscaping, and updated finishes including new appliances, cabinetry, and more—creating a move-in-ready retreat. The peaceful wrap around canal provides a private sanctuary where nature and waterfront living converge. Set on an expansive ~14,000 square foot lot, this property is also offered at a compelling value at just above land pricing, presenting a remarkable opportunity for a custom luxury estate. Building plans are available and this lot is build to suit.

Additional Information

Taxes
$18781
Minimum Lease
1 Month
HOA Fee
$50
HOA Payment Schedule
Annually
Location
Flood Insurance Required, FloodZone, In County, Oversized Lot, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF2
Interior Layout
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
Floor
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Rain Gutters, Sliding Doors
Roof
Metal
Foundation
Slab
Pool
Private
Pool Type
Child Safety Fence, Gunite, In Ground, Lighting, Tile
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Driveway
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Water Extras
Bridges - Fixed, Lift, Seawall - Concrete
Water View
Canal
Water Access
Canal - Saltwater, Gulf/Ocean
Water Frontage
Canal - Saltwater
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0082050026
Legal Description
LOT 1 & N 1/2 LOT 2 & THAT PART OF PLATTED R/W ADJ AS DESC IN DB 296/10 & ESMT IN DB 263/443 BLK 3 SARASOTA BEACH

Listing courtesy of COLDWELL BANKER REALTY. 941-349-4411

Selling Office: COLDWELL BANKER REALTY.

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