306 ISLAND CIRCLE Sarasota, FL $ 1,825,000
306 ISLAND CIRCLE
$ 1,825,000
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306 ISLAND CIRCLE

Sarasota, FL, 34242
$ 1,825,000
Bedrooms4 Baths3.0 Sq 2,392

Monthly Estimate*

$ 11,237

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Single Family Home for sale in Sarasota, FL

for $1,825,000 with 4 bedrooms and 3 full baths. This 2,392 square foot home was built in 1952 on a lot size of 0.32.

Under contract-accepting backup offers. 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.

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Single Family Pending

Price

$ 1,825,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 18,781

Style

Cottage

Lot Size

0.32

Year Built

1952

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4689514

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Phone Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Ice Maker Microwave Range Refrigerator Washer
Zoning RSF2
HOA Fee 50
Garage Spaces 1
Architectural Style Cottage
Pool Features Child Safety Fence Gunite In Ground Lighting Tile
Construction Materials Block Concrete Stucco
Pets Allowed Cats OK Dogs OK
Year Built 1952
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Saltwater
Assoc Fee Paid Per Annually
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SARASOTA BEACH
Facing Direction East
Garage Y/N true
Total Rooms 9
Full Baths 3
Status Pending
Directions Take Canal Road to Palm Island. After crossing the bridge turn left and make the first left onto Island Circle. The house is on your left.
High School Sarasota High
City SARASOTA
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 13978
Carport Y/N false
Spa Features Heated
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 18781.42
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4689514
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 1
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
Water View Canal
Water Access Type Canal - Saltwater Gulf/Ocean
Minimum Lease 1 Month
Water Access Y/N true
Monthly HOA Amount 4.17
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding Eating Space In Kitchen Primary Bedroom Main Floor Solid Surface Counters Split Bedroom Walk-In Closet(s)
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Garage
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Rain Gutters Sliding Doors
Parking Features Driveway
Lot Features Flood Insurance Required FloodZone In County Oversized Lot
Water Source Public
Lot Size Area 13978
Foundation Details Slab
Spa true
Building Area Total 2728
Lot Dimensions 50 x 117
Lot Size Acres 0.32
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

hoffmansellshouses@gmail.com

Email

Affordability Calculator

$12,802
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,237
Monthly Property Taxes
$1,565
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
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$1,825,000 Listed Price

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306 ISLAND CIRCLE, Sarasota, FL, 34242 is a Single Family Home for sale at $1,825,000 with 2,392 sqft and a lot size of 0.32. 306 ISLAND CIRCLE has 4 bedrooms, 3.0 baths, and was built in 1952. The property's zip code is 34242 which is in Sarasota, FL