Privately set on Palm Island in the heart of Siesta Key, this
residence offers an exceptional combination of generous living
space, thoughtful design and effortless access to the island's most
celebrated destinations. Just a short distance from the powdery,
white quartz sands of Siesta Beach and the boutiques, dining and
lively atmosphere of Siesta Village, this beautifully reimagined
waterfront residence presents a rare opportunity to enjoy a relaxed
coastal lifestyle without compromising comfort, privacy or quality.
Nearly every aspect of the home was transformed, creating a fresh,
modern interior, designed for both everyday living and gracious
entertaining. Soaring ceilings, abundant natural light, a
contemporary custom staircase and impact-rated windows and doors
establish an open, airy atmosphere, while luxury vinyl and
engineered hardwood flooring, recessed lighting and thoughtfully
integrated storage add warmth and architectural interest. The
expansive kitchen serves as the centerpiece of the home, featuring
custom cabinetry, stone countertops, upgraded stainless steel
appliances, wine storage and an oversized quartz island with
generous seating. Designed to accommodate everything from casual
mornings to larger gatherings, the kitchen flows naturally into the
surrounding living and dining spaces and continues outdoors to the
pool, lawn and waterfront beyond. The main-level primary suite
provides a serene private retreat with direct access to the pool
area, a spacious custom-fitted closet and a beautifully appointed
spa-inspired bathroom. Three additional bedrooms offer comfortable
accommodations for family and guests, while an upstairs, separate
flex space is ideally suited for a private office, exercise room or
personalized retreat. A sunroom and conveniently positioned pool
bath further enhance the home's easy indoor-outdoor connection.
Outside, the property reveals one of its most distinctive features:
an unusually spacious backyard for Siesta Key. A broad lawn
surrounds the heated pool, creating room for outdoor dining,
recreation, pets and relaxed afternoons beneath the Florida sun.
Beyond the pool, peaceful canal views and a private dock provide a
tranquil waterfront setting with boating access. A well supplies
the irrigation system, helping maintain the lush tropical
landscape. A detached two-car garage offers valuable parking and
additional storage for beach equipment, bicycles, paddleboards and
other island essentials to enjoy the Siesta Key lifestyle. Morning
walks along Siesta Beach, afternoons beside the pool and evenings
dining in Siesta Village can all become part of everyday life.
Spacious, extensively remodeled, and ideally positioned near the
beach, Village and boating water, 430 Island Circle is a
sophisticated yet wonderfully comfortable island retreat designed
for those who want to experience the very best of Siesta Key.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Price Reduced This rare waterfront gem is waiting for your story to begin. Siesta Key Beach House This private retreat is located on Palm Island is one of Siesta Keys most sought-after neighborhoods. This home is less than two blocks from beautiful Siesta Key Beach and village. Minutes by boat to the intercoastal waterway, offering fishing, kayaking, water-skiing or just tranquil cruising. With 5 bedrooms and 3 baths, it is perfect for enjoying the idyllic Siesta Key lifestyle. Secluded on a double lot with mature trees you must see the Grandfather oak and Orchid tree. Relax on the many decks and relax spend an afternoon or a lifetime absorbing the views. This home was designed for optimum sunlight as it floods throughout the home. Note: the original structure built in 1962 in 1992 second story was added and the home was renovated and remodeled. *Take a virtual walk-through with state of the art Matterport one click away. The manager has listed the unit size as 3045 square feet.
Jan 24, 2019
No longer available
-
No longer available
Sep 6, 2018
Price Decreased
$974,900
↓ $10K
(1%)
Price Decreased
Jan 1, 2018
Listed
$985,000
Listed
Location, location, location! This canal-front home is only 1/4 mile from award winning Siesta Key beach. With an open floor plan, 5 bedrooms, 3 bathrooms, high ceilings and tons of natural light, this spacious home was made for entertaining. There are multiple outdoor spaces from which you can enjoy the beautiful landscaping, including a completely private front porch, two upstairs balconies and a gorgeous back deck. With this luxurious location you can finally forget about fighting for a parking spot at the beach, and Siesta Key Village provides multiple dining and entertainment options right around the corner. The home sits on a double lot, with a large backyard and the ability to build two separate homes in the future. The roof was replaced in 2013, most of the windows are impact glass, and a one year home warranty is included for your peace of mind. Welcome to the good life! The manager has listed the unit size as 3045 square feet.
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Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Thermostat
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Pool Features: Gunite, Heated, In Ground, Salt Water, Lighting, Outside Bath Access
Pool is Private
Lot Features: Landscaped, FloodZone, In County, Street Dead-End
Lot Size Area: 14933
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14933
Lot Size Dimensions: 100 x 181 x 174 x 70
Tax Lot: 4
Water Source: Public
Financial Details
Tax Annual Amount: $20,814
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
1962
Effective Year Built:
2012
Building Count:
1
Total Rooms:
5
Bedroom Count:
4
Bathroom Count:
4
Full Bathrooms:
3
Partial Bathrooms:
4
Building Condition:
6
Building Quality:
5
Construction Type:
12
Building Style:
0
Exterior Walls Type:
12
Interior Walls Type:
3
Roof Shape Type:
1
Roof Cover Type:
15
Floor Count:
200
Living Units:
1
Floor Cover:
9
Basement Type:
0
Basement Area:
0
Garage Type:
4
Garage Square Area:
596
Parking Space Count:
0
Patio Type:
5
Porch Type:
0
Pool Type:
8
Location Influence Type:
27
Dimensions
Lot Size Square Feet:
14,933
Lot Size Depth Feet:
1,170
Lot Size Frontage Feet:
500
Total Building Area:
3,205
Gross Building Area:
3,205
Building Area:
3,205
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
3
Heated Square Feet:
3,205
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
SARASOTA BEACH
Land Acres:
0000000343
Standard Land Use Code:
1001
County Land Use Code:
0100
State Land Use Code:
001
Legal Description 1:
LOTS 4 & 5 BLK 4 & ALL THAT PARCEL OF LAND LYING BETWEEN THE SLY LINE OF LOTS 4 & 5 THE CANALE DE LA PLATA LYING BETWEEN OR 2345/2659,2661,2663 THE SELY LINE OF LOT 5 & THE NWLY LINE OF LOT 4 BOTH
Neighborhood
School District Name:
Sarasota County School District
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