Active
$2,900,000
Est. $18,466/mo

238 Island Cir, Sarasota, FL, 34242

$1,016/sqft·Sarasota Beach

4 bd4 ba2,854 sqft2 car garageSingle Family
Listed by RE/MAX ALLIANCE GROUP· Last updated · MLS# A4650032

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Est. monthly payment
$18,466/mo
Down payment (20%)
$580,000
Property taxes
$1,886/mo
HOA
$50/yr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1965
Waterfront
Canal - Saltwater
Private pool
Heated
2 car garage
9,763 sqft lot
Lot size

About this home

Built-in FeaturesEat-in KitchenHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimarybedroom UpstairsSolid Surface CountersWalk-in Closet(s)

238 Island Cir is a 1965-built home in Sarasota Beach, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,854 square feet of living space. Listed at $2,900,000 (about $1,016/sqft), 399 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $50 annually.

From the listing

Welcome to your dream island retreat, perfectly nestled in the heart of Siesta Key’s Palm Island, just minutes away from the world-famous Siesta Beach and vibrant Siesta Village. This beautifully renovated 4-bedroom, 4-bathroom home is the epitome of coastal luxury, offering the ultimate island lifestyle where you can enjoy sun, sand, and all the amenities of this exclusive locale. Meticulously transformed by the renowned Nautilus Homes, this home boasts an open floor plan with soaring high ceilings, making it the perfect space for both relaxation and entertaining. Every inch of the property has been updated with the finest finishes and state-of-the-art features, including: Gourmet Kitchen with new appliances, Impact-Resistant Windows for peace of mind, New 17KW Solar System with backup generator, keeping your electric bill at an incredibly low $20-$30 month, New Boat Lift Motors and a private dock, perfect for boating enthusiasts, Saltwater Pool System and spa, enclosed in a serene, waterside cage for privacy, Custom Treehouse for a fun and unique retreat, Whole House Water Conditioner and new water heater, Two New A/C Units ensuring year-round comfort and a Xeroflood water barrier system has been installed. Natural light pours into every room, highlighting the spacious living areas and creating an inviting atmosphere throughout. The sumptuous Primary Suite offers a private sanctuary, featuring views of the lush tropical surroundings. Step outside to your own private oasis where you can unwind by the pool, entertain in style, or take your boat out for a sunset cruise – all right in your backyard. With Siesta Key's famous restaurants, shops, and nightlife just moments away, you’ll have everything you need to experience the best of island living. This is a rare opportunity to own a piece of paradise on Palm Island, where the ultimate lifestyle meets extraordinary design and function.

The essentials

Built
1965
Price / sqft
$1,016
On market
505 days
Annual tax
$22,636
HOA
$50/yr
Flood zone
AE
Lot
9,763 sqft
Type
Single Family Residence

Location

238 Island Cir
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Single Family Residence
Year Built
1965
Lot
9,763 sqft
Cooling
Central Air, Zoned
Heating
Central, Zoned
Parking
-
Pool
Gunite, Heated, In Ground, Salt Water, Screen Enclosure
Waterfront
Canal - Saltwater
Days on Market
505
Built-in Features
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primarybedroom Upstairs
Solid Surface Counters
Walk-in Closet(s)
Balcony
Courtyard
Lighting
Sidewalk
Sliding Doors
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Range Hood
Refrigerator
Washer
Flood Zone AE

Annual Tax (2024)

$22,636

Parcel #

0082050039

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Sarasota Beach

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

9,763 sqft

HOA
$50/yr
Date
Event
Price
8/1/2025
Price change
Source: Stellar MLS #A4650032
$2,900,000-9.4%
$1,016/sqft
4/24/2025
Listed for sale
Source: Stellar MLS #A4650032
$3,200,000
$1,121/sqft
Est. monthly payment$18,465/mo
Principal & interest$15,125
Property taxes$1,886
Insurance$1,450
HOA$4
Down payment20% · $580,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,900,000
$2.76M – $2.90M
95% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34242 landed at this number or higher (52%). The median one sat 87 days before it went under contract, and this one is on day 505 after a $300,000 cut.

Sample: 56 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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