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Wade M. Berlin

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114 Island Circle
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PRICED AT ONLY: $2,000,000

Address: 114 Island Circle, SARASOTA, FL 34242

Description

A rare opportunity to secure a true waterfront estate sized homesite in the highly sought after Palm Island enclave of Siesta Key. Located at the end of a quiet loop on Island Circle, this oversized 15,500 square foot pie shaped double lot offers an exceptional 180+ feet of water frontage, creating a private, expansive setting rarely found this close to the beach. Surrounded by lush natural mangroves and multimillion dollar residences, this property delivers the perfect balance of privacy, exclusivity, and direct boating access. A standout feature of the property is the grandfathered in 20x24 dock, significantly larger than what current regulations allow. Paired with a 14,000 pound boat lift and existing water and electric connections, for boating enthusiasts, this is not just a convenience, its a major asset that cannot be replicated today. With a base elevation of approximately 910 feet, this homesite offers a strong foundation for new construction and the opportunity to design and build a custom waterfront estate tailored to your vision. The lots unique shape and size allow for a larger footprint, creative architectural design, and maximization of water views. Palm Island is one of Siesta Keys best kept secrets, an intimate community of fewer than 140 homes known for its quiet streets, limited traffic, and strong sense of privacy and community. The property is ideally positioned across from a small community green space and just minutes from the world renowned Siesta Key Beach, consistently ranked among the top beaches in the United States. Whether you are looking to build a full time residence, a seasonal retreat, or a long term investment property, this lot presents a rare combination of size, location, waterfront access, and redevelopment potential that is becoming increasingly difficult to find on Siesta Key. Opportunities like this are limited, especially with irreplaceable features like this dock and water frontage.
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  • MLS#: TB8487309 ( Land )
  • Street Address: 114 Island Circle
  • Viewed: 4
  • Price: $2,000,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 9
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Buildable, Cul-De-Sac, City Limits, In County
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street, County Road
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Current Use: Residential
  • Legal Description: LOT 17 & PARTS OF LOTS 18 & 19 DESC AS BEG AT MW COR LOT 17 TH N-68-20-E 158.02 FT TH SLY ALG CURVE TO LEFT 180.85 FT TH N-69- 03-24-W 124.09 FT TH NLY ALG CURVE TO LEFT 77.7 FT TO POB BLK 7
  • Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Parcel Number: 0082060066
  • Possession: Close Of Escrow
  • View: Water
  • Zoning Code: RSF2
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin