114 ISLAND CIRCLE Siesta Key, FL $ 2,000,000
114 ISLAND CIRCLE
$ 2,000,000
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114 ISLAND CIRCLE

Siesta Key, FL, 34242
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 12,314

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Studio

Lots and Land for sale in Siesta Key, FL

for $2,000,000. The lot size is 0.36.

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.

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Lots and Land Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 16,560

Style

Lot Size

0.36

Town/City

Siesta Key

County/Region

Sarasota

MLS | Web ID

TB8487309

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Zoning RSF2
View Water
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Canal - Saltwater
County Sarasota
Property Type Land
Subdivision Name SARASOTA BEACH
Facing Direction West
Status Active
Directions Heading South on Ocean Blvd Turn Left onto Beach Road. Continue until you reach Calle de Invierno then Turn Left. Continue Straight and turn slightly Left onto Calle Florida. Turn Right onto Island Circle and continue straight until you reach the cul de sac property is located on the Right.
City SIESTA KEY
Body of Water SALTWATER CANAL
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 15500
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 16560.34
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8487309
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 17
Legal Description LOT 17 & PARTS OF LOTS 18 & 19 DESC AS BEG AT MW COR LOT 17 TH N-68-20-E 158.02 FT TH SLY ALG CURVE TO LEFT 180.85 FT TH N-69- 03-24-W 124.09 FT TH NLY ALG CURVE TO LEFT 77.7 FT TO POB BLK 7
Water View Canal
Water Access Type Canal - Saltwater
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Total Baths 0
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Exterior
Lot Features Buildable Cul-De-Sac City Lot In County
Water Source Public
Lot Size Area 15500
Lot Dimensions 78 x 124 x 158 x 180
Lot Size Acres 0.36
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type City Street County Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Keller Williams St Pete Realty

Broker

thealexgclark@gmail.com

Email

Affordability Calculator

$13,694
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$1,380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$2,000,000 Listed Price

Map


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114 ISLAND CIRCLE, Siesta Key, FL, 34242 is a Lots and Land for sale at $2,000,000 with a lot size of 0.36. 114 ISLAND CIRCLE is a studio with 0.0 baths. The property's zip code is 34242 which is in Siesta Key, FL