by Global Lifestyle Properties

See Home Value
$1,400,000
● House - Off Market

480 Island Circle

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,618 Ft²
$7,894
Est. Monthly
2.14%
Cap Rate

About This Property

This perfectly located property at 480 Island Circle offers waterfront living and east boating access to Siesta Key's Grand Canal within a short  distance to both the world-renowned Siesta Key Beach (Access #10) and the vibrant Siesta Key Village with its bustling array of shops, restaurants, and entertainment options. Located in the serene Palm Island neighborhood known as the "Heart of Siesta Key", this 3

bedroom/2 bath beach house has beamed ceilings throughout and expansive windows opening to private views of the Canal edged with native mangroves. The split floor plan home offers an owner's suite on one side and 2 guest rooms sharing a bath on the other, quartz kitchen countertops, tiled floors throughout and a wood burning fireplace, making this a perfect full-time home, vacation get-away, or monthly/seasonal rental Or build your own dream home on the 2 lots this property offers and enjoy a unique blend of peaceful island living

with easy access to all Siesta Key and Sarasota have to offer. This property is more than just a home; it's a lifestyle choice for discerning buyers seeking luxury, location, and a laid-back coastal vibe. Experience the best of Florida living in this

exceptional Siesta Key treasure.
Unit Size
1,618 Ft²
Days on Market
72 days
Land Size
0.27 acres
Price per sqft
$926
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #A4591353)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Sold
Jan 10, 2024 In contract -
In contract
Dec 13, 2023 Listed by COLDWELL BANKER REALTY $1,499,000
Listed by COLDWELL BANKER REALTY
Mar 24, 1995 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 6
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 11,929
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,906
  • Gross Building Area: 2,098
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARASOTA BEACH
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOTS 16 & 17 BLK 4 SARASOTA BEACH

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: 0082110030
  • Subdivision Tract Number: 289
  • Parcel: 0082-11-0030
  • Block: 4
  • Lot: 16,17
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2709
  • Longitude: -82.5577

    Address

  • Full Address: 480 Island Cir
  • Address - House Number: 480
  • Address - Street Name: Island
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C098
  • 4-Digit Zip Code: 1940
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,572
  • Tax Year: 2023
  • Tax Amount: $639,563
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.2518
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 1,488,581
  • High Value: 1,863,488
  • Low Value: 1,113,674

    Market Valuation

  • Market Total Value: $1,276,100
  • Market Land Value: $1,129,100
  • Market Improvement Value: $147,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,804

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23794
  • Previous Sale Recording Date: Mar 24, 1995
  • Previous Sale Contract Date: Mar 24, 1995
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 71
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 480 Island Circle built and last sold?
The property at 480 Island Circle was built in 1950 and last sold on Feb 22, 2024 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 480 Island Circle is $0.
What are some comparable homes to 480 Island Circle?
There are currently no comparable homes to 480 Island Circle.