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Residential Land for Sale in Sarasota, Florida

105 Island Cir, Sarasota, FL 34242

$1,100,000
0.45 acres
Active
$25k drop
Est $8,141/mo

This land is a RARE BEAUTY, are you dreaming of building your home where you and your family enjoy a lifestyle uniquely created for yourselves? IMAGINE a majestic home with a standalone guest house, alluring pool and gardens privately nestled among the palm trees. This property offers 2 lots, 0.45 acres / 19,456 sf. Palm Island is a community with only 298 homes where the residents enjoy gatherings in their Elsie Blair Park area.

The main home had water intrusion from hurricane Helene which has been mitigated and could be rebuilt or torn down, consult your contractor for construction specifics.

There is a Studio Unit/guest suite 576 hsf fully equipped with a full bath, kitchenette, sliding doors out to a large 120 sf wood deck above the detached 2 car garage. This would make a fabulous art studio, home office or in-law suite. The garage is a legal non-conforming space. Studio/Garage is block.

Take a stroll only 2 blocks to Siesta Key Beach and sink your toes into the luxurious quartz sand and sparkling water. The Village is minutes away where you will find fabulous restaurants, live music, specialty shops, night life, Sunday Farmers Market, art festivals and more. Take the Siesta Trolly to tour the island and beaches. You can also enjoy fishing, boating, parasailing, kayaking, swimming and snorkeling nearby.

You are very close to downtown Sarasota, St. Armands Circle and Lido Beach are just across the Ringling Causeway Bridge. The Sarasota Airport, Asolo Repertoire Theater and Ringling Museum are all within minutes of your unique estate homesite. What a wonderful place to live and call home!

Life is good at the Beach!!!

Location

Street address
105 Island Cir
Community
Sarasota Beach
Elevation
3 feet
Coordinates
27.2735, -82.5569

Directions

South US 41 to Siesta Key, Siesta Drive to Higel Avenue to Ocean Blvd turn left onto Calle Del Invierno continue on Calle Florida, cross small bridge to Palm Island, first right to Island Circle property on the left side.

South US 41 to Siesta Key, Stickney Point Road to right on Midnight Pass Road to Beach Road turn right on Calle Del Invierno continue on Calle Florida, cross small bridge to Palm Island, turn right onto Island Circle property on left side.

Property details

Lot size
0.45 acres19,602 sq ft
Zoning
RSF2
MLS #
MFRMLS A4647819
Posted

Property taxes

2024
$7,593

Parcels

  • 0082060027

Legal description

Resources

Details and features

Listing

Type
Land

Exterior

Features
Corner Lot

Nearby schools

NameLevelDistrictDescription
Phillippi Shores ElementaryElementary
Brookside MiddleMiddle
Sarasota HighHigh

Listing history

DateEventPriceChangeSource
Sept 7, 2025Price drop$1,100,000$25,000 -2.2%MFRMLS
Aug 13, 2025Price drop$1,125,000$75,000 -6.3%MFRMLS
Apr 17, 2025New listing$1,200,000MFRMLS
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This 0.45-acre property is located at 105 Island Cir in Sarasota, FL 34242. The property is available for sale for $1,100,000.

Checked 56 mins ago — Updated

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