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Property for sale at 2 ISLAND CIRCLE, SARASOTA, FL, 34242

2 Island CircleSarasota, FL, 34242

5beds
4baths
3,855sqft
Single Family Residence
Built in 1948
$1,400,000
Sold
Price per sqft
$363
Sold on
Apr 13, 2026
MLS #A4662842Updated Apr 14, 2026

About this property

2 BUILDABLE WATERFRONT LOTS Palm Island IS the "Heart of Siesta Key". Don't miss this rare opportunity to live in Siesta Key's most sought-after neighborhood and experience the quiet, friendly, yet close to everything community of Palm Island. Build your tropical dream home on one lot and sell the other, or go "all in" and create your ideal island estate on the 17,883 sq ft lot. If restoration is more your style, this home was built using the Lamolithic poured in place construction method developed by John Lambie Jr and was a key design element in the Sarasota School of Architecture. As a result, most of the primary structure and walls are made of 12 inch poured concrete, providing unsurpassed strength and durability. This spacious property located in one of the finest and friendliest communities on Siesta Key is situated a mere 600 feet from arguably the best beach on the planet. Situated on the Grand Canal, it is minutes by boat to the Intercoastal Waterway and a short walk or bike ride to Siesta Key Village. This sought after Palm Island address sits on two county approved building lots and is a rare opportunity for all interests. Maximize your Island experience and treat yourself to this rare, peaceful island escape limited only by your imagination. *House Plans and Budget available for both lots

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Property details

Property type
Single Family Residence
Street address
2 Island Circle
City
Sarasota
State
FL
ZIP code
34242
Year built
1948
New construction
No
Faces
North
Rooms
8
Building stories
1
Living area
3,855 sqft
Total building area
4,567 sqft
Levels
One
Property condition
Fixer

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 8:45 PM EST

Price & sale history

EventPrice
SoldMLS #A4662842$1,400,000
Price reducedMLS #A4662842$1,600,000Change: −29.7%−$675,000
Listed for saleMLS #A4662842$2,275,000
History may be incomplete.
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Location

Property for sale at 2 ISLAND CIRCLE, SARASOTA, FL, 34242
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