by Global Lifestyle Properties

Check Availability
$2,900,000
↓ $300K (9.4%)
● House - For Sale

238 ISLAND CIRCLE

SARASOTA, FL 34242
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,854 Ft²
$16,131
Est. Monthly
$4
HOA / Fees
1.35%
Cap Rate

About This Property

Welcome to your dream island retreat, perfectly nestled in the heart of Siesta Key's Palm Island, just minutes away from the world-famous Siesta Beach and vibrant Siesta Village. This beautifully renovated 4-bedroom, 4-bathroom home is the epitome of coastal luxury, offering the ultimate island lifestyle where you can enjoy sun, sand, and all the amenities of this exclusive locale. Meticulously transformed by the renowned Nautilus Homes, this home boasts an open floor plan with soaring high ceilings, making it the perfect space for both relaxation and entertaining. Every inch of the property has been updated with the finest finishes and state-of-the-art features, including:
Gourmet Kitchen with new appliances, Impact-Resistant Windows for peace of mind, New 17KW Solar System with backup generator, keeping your electric bill at an incredibly low $20-$30  month, New Boat Lift Motors and a private dock, perfect for boating enthusiasts,
Saltwater Pool System and spa, enclosed in a serene, waterside cage for privacy, Custom Treehouse for a fun and unique retreat, Whole House Water Conditioner and new water heater, Two New A/C Units ensuring year-round comfort and a Xeroflood water barrier system has been installed.  Natural light pours into every room, highlighting the spacious living areas and creating an inviting atmosphere throughout. The sumptuous Primary Suite offers a private sanctuary, featuring views of the lush tropical surroundings. Step outside to your own private oasis where you can unwind by the pool, entertain in style, or take your boat out for a sunset cruise – all right in your backyard. With Siesta Key's famous restaurants, shops, and nightlife just moments away, you'll have everything you need to experience the best of island living. This is a rare opportunity to own a piece of paradise on Palm Island, where the ultimate lifestyle meets extraordinary design and function.
Unit Size
2,854 Ft²
Days on Market
541 days
Land Size
0.22 acres
Price per sqft
$1,016
Property Type
House
Property Taxes
$1,886
HOA Dues
$4
Year Built
1965

Listed By

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Last updated: 4 months ago (Stellar MLS #A4650032)

Price History

Date / Event Date Event Price
Aug 2, 2025 Price Decreased $2,900,000
↓ $300K (9.4%)
Price Decreased
Apr 22, 2025 Listed by RE/MAX ALLIANCE GROUP $3,200,000
Listed by RE/MAX ALLIANCE GROUP
Jun 7, 2024 Sold
Sold
Feb 23, 2024 In contract -
In contract
Jan 30, 2024 Listed by RE/MAX PLATINUM REALTY $3,250,000
Listed by RE/MAX PLATINUM REALTY
Stunning Canal front renovation located on Palm Island (a short walk to the Beach-Access 10) with all the best Siesta Key has to offer. This 4 Bedroom, 4 Bathroom home stuns as soon as you enter the property and the threshold with a custom mahogany double entry door under a Ipe wood inlaid ceiling. Hurricane rated Impact Glass throughout. The interior renovated by Nautilus Homes (AIA Florida 2022 Builder of the Year), boasts Porcelain Provenza W-Age Italian tile featuring a unique cross-cut wood pattern on the main floor & Legno Bastone European White Oak Wood 8” wide plank flooring on the upper floor. The kitchen features Custom Brookhaven cabinetry and Silestone countertops, a Dornbracht faucet & Hand painted limited edition tiles by Ann Sacks as a backsplash. Viking Professional, Sub-Zero/Wolf and ASKO high-end appliances, including Wolf induction cooktop and Zephyr curved-canopy range hood for the chef. The Master Bathroom features Custom mosaic tile wall, Wetstyle freestanding bathtub & Elite Woodwork Custom Cabinetry. All Bathrooms feature Hansgrohe fixtures, Toto toilets & Vanities & mirrors by Decotec & Wetstyle. The backyard is very private with no homes visible across the wide canal. Decks & Terraces with Cable railings with Ipe wood handrails, rear decks with cypress wood inlaid ceilings and marine-grade stainless steel fans overlooks a Tropical Paradise designed by DWY Landscape Architects, whose awards include ASLA Florida Award of Excellence, and the newer (2018, including Seawall Cap) composite dock with 10k lift on the Grand Canal. A Custom Six Kayak storage rack & a Kayak lift round out the Island lifestyle. There is even a custom treehouse for children built by Miami Treehouse Builders. This home is ideally situated on Palm Island, which is a Island on a Island. You are a short walk to the Beach (Beach Access 10) & the restaurants and nightlife of the Village, without the traffic.
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Built-in Features, High Ceilings, Open Floorplan, Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters
Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range Hood, Refrigerator, Washer
Flooring Type: Hardwood, Porcelain Tile
Door Features: Sliding Doors
Laundry Features: Inside
Rooms: 7
Exterior Details
Square Footage: 2854
Square Footage Source: $0
Year Built: 1965
Waterfront Features: Canal Access
Building Area Total: 4461
Levels: Two
Building Area Units: Square Feet
Window Features: Storm Window(s), Window Treatments
Construction Materials: Block, Stucco, Wood Siding
Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
Pool is Private
Lot Size Area: 9763
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9763
Tax Lot: 15
Water Source: Public
Financial Details
Tax Annual Amount: $22,636
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central, Zoned
Sewer : Public Sewer
Location Details
HOA Fee: $50
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 9,763
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,479
  • Gross Building Area: 3,479
  • Building Area: 2,854
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,854
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARASOTA BEACH
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 15 & PORTION OF LOT 14 DESC AS BEG AT NELY COR OF LOT 14 TH SLY ALG BDRY 117.68 FT TO SELY COR OF LOT 14 TH WLY 40 FT ALG SLY BDRY OF LOT 14 TH NLY TO NLY LINE OF LOT 14 WHICH PT IS 37.52 FT WLY OF

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0082050039
  • Subdivision Tract Number: 289
  • Parcel: 0082-05-0039
  • Block: 2
  • Lot: 15
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2746
  • Longitude: -82.5604

    Address

  • Full Address: 238 Island Cir
  • Address - House Number: 238
  • Address - Street Name: Island
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C098
  • 4-Digit Zip Code: 1936
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,461
  • Tax Year: 2023
  • Tax Amount: $2,173,623
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 2,354,472
  • High Value: 2,949,428
  • Low Value: 1,759,516

    Market Valuation

  • Market Total Value: $2,085,400
  • Market Land Value: $996,200
  • Market Improvement Value: $1,089,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,085,400
  • Assessed Land Value: $996,200
  • Assessed Improvements Value: $1,089,200

    Sales

  • Current Sale Contract Date: Aug 01, 2011
  • Current Sale Recording Date: Aug 03, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011090624
  • Previous Sale Recording Date: Mar 15, 2002
  • Previous Sale Contract Date: Mar 08, 2002
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sarasota Beach


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Frequently Asked Questions

When was property at 238 Island Circle built and last sold?
The property at 238 Island Circle was built in 1965 and last sold on Aug 1, 2011 for $855,000.
How much is this home worth?
The estimated value of the home located at 238 Island Circle is $2,935,595.
What are some comparable homes to 238 Island Circle?
There are currently no comparable homes to 238 Island Circle.