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Off market
  • $2,570,700

    138 Island Cir, Sarasota, FL 34242

    5beds
    3,209sqft
    SingleFamily
    Built in 1949
    0.25 Acres Lot
    $2,570,700 Zestimate®
    $801/sqft
    $15,898 Estimated rent

    Home value

    $2,570,700

    $2.24M - $2.98M

    $15,898/mo

    Zestimate® history
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    $16,357/mo

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    $16,357/mo

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    What's special

    This stunning waterfront island home is the perfect melding of Florida Charm and modern convenience. Located on the Grand Canal on Palm Island close to the Village and only steps from beautiful Siesta Beach, this unique 5 bedroom 4.5 bath waterfront home has been completely rebuilt while retaining all of the grace of an old Florida home. The attention to detail and quality of build is clearly evident from the moment you enter the front gate as you are greeted by a private compound-like outdoor pool area complete with a cabana. The beautiful natural cypress exterior has been lovingly retained but nearly everything else has been meticulously renovated in 2013 including roof trusses, roofing, all electrical, plumbing, level 5 smooth finish drywall, HVAC ductwork, windows, doors, 9 ft deep pool, and more (Please see attached feature list for all work done). All work was permitted and done in compliance with current codes. At the same time, a detached oversize 2 car garage with a separate in-law suite with full bath above was also constructed. The huge custom chef's kitchen features a Viking gas stove/double oven, SubZero refrigerator/freezer, butcher block center island with built-in wine cooler and Viking microwave and built-in icemaker for entertaining. Space does not permit the ability to list all the features and upgrades of this amazing home. See attached feature list for details ***Please view the immersive 3D virtual tour link to fully appreciate this special and unique beach home. ***

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Garbage disposal, Refrigerator
    • Laundry: Inside, Corridor Access, Laundry Room
    Features
    • Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total interior livable area: 3,209 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Patio & porch: Deck, Patio, Front Porch
    • Exterior features: Wood
    • Pool features: Salt Water, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    • Body of water: GRAND CANAL
    Lot
    • Size: 0.25 Acres
    • Features: In County
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Guest House, Gazebo, Workshop
    • Parcel number: 0082060059
    • Zoning: RSF2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida, Custom, Cape Cod
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Fiber Optics, Propane

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Other
    • HOA fee: $4 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $801/sqft
    • Tax assessed value: $1,647,600
    • Annual tax amount: $13,587

    Price history

    DateEventPrice
    6/10/2019Sold$1,520,000-10.5%$474/sqft
    Source: Public Record Report a problem
    4/6/2019Pending sale$1,699,000$529/sqft
    Source: Coldwell Banker Residential Real Estate - Siesta Key #A4412265 Report a problem
    2/12/2019Price change$1,699,000-2.9%$529/sqft
    Source: Coldwell Banker Residential Real Estate - Siesta Key #A4412265 Report a problem
    8/31/2018Listed for sale$1,750,000+446.9%$545/sqft
    Source: COLDWELL BANKER RES R E #A4412265 Report a problem
    11/12/1998Sold$320,000+19.9%$100/sqft
    Source: Public Record Report a problem
    10/11/1996Sold$267,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,587 -16.7%$1,137,673 -17.2%
    2024$16,317 +2.8%$1,373,410 +3%
    2023$15,868 +2.4%$1,333,408 +3%
    2022$15,501 +8.5%$1,294,571 +11.7%
    2021$14,285 +0.6%$1,159,098 +2.7%
    2020$14,200 +141.1%$1,128,400 +141.6%
    2019$5,890 $467,106 +1.9%
    2018$5,890 +1.6%$458,396 +0.6%
    2017$5,796 -3.1%$455,797 -40%
    2016$5,982 $760,100 +14%
    2015$5,982 $667,000 +117%
    2014$5,982 +46.2%$307,408
    2013$4,090 +2.8%$307,408 +1.7%
    2012$3,981 +4.7%$302,269 +3%
    2011$3,801 -1.8%$293,465 +1.5%
    2010$3,872 +10.9%$289,128 +2.7%
    2009$3,492 $281,527 +0.1%
    2008$3,492 -1.5%$281,246 +3%
    2007$3,547 -3%$273,054 +13.5%
    2002$3,657 +7.1%$240,645 +1.6%
    2001$3,415 +1.8%$236,855 +3%
    2000$3,356 $229,956
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,570,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,570,700