$2,900,000
Active238 Island Cir, Sarasota, FL 34242
4 beds Β· 4 baths Β· 2,854 sq ft
Listing courtesy of RE/MAX ALLIANCE GROUP Β· MLS# A4650032
552 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Whatβs special
- Private boat dock
- Saltwater pool and spa
- Custom treehouse
- Xeroflood water barrier system
- Waterside cage enclosure
AI-selected highlights from the listing description below.
Welcome to your dream island retreat, perfectly nestled in the heart of Siesta Keyβs 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 β all right in your backyard. With Siesta Key's famous restaurants, shops, and nightlife just moments away, youβll 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.
Facts
- Property type
- Single Family Residence
- Year built
- 1965
- Bathrooms
- 4 full
- Living area
- 2,854 sqft
- Lot size
- 0.22 acres
- Waterfront
- Yes Β· 85 ft
- Water access
- Bayou, Canal - Saltwater
- Water view
- Yes
- Private pool
- Yes
- Exposure
- South
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $22,636/yr
- Monthly fees
- $4/mo
- Listed
- Apr 22, 2025
- MLS #
- A4650032
Price & status history
- Listed for $3,200,000
- Price reduced to $2,900,000
Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 238 ISLAND CIR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$18,971
$14,664 of that is principal & interest. 23% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $14,664
- Property taxes
- $1,886
- Homeowners insurance
- $2,417
- Flood insurance
- $0
- HOA / condo fees
- $4
- Mortgage insurance (PMI)
- $0
- Total per month
- $18,971
Over the life of the loan
- Loan amount
- $2,320,000
- Down payment
- $580,000
- Total interest
- $2,959,032
- Principal + interest paid
- $5,279,032
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you β a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
238 Island Cir, Sarasota, FL 34242
Listing courtesy of RE/MAX ALLIANCE GROUP Β· MLS# A4650032 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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