Land - Real Estate in Siesta Key
Listing Price: $2,000,000 (Mortgage Calculator →)
Description of Property
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, it’s a major asset that cannot be replicated today. With a base elevation of approximately 9–10 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 lot’s unique shape and size allow for a larger footprint, creative architectural design, and maximization of water views. Palm Island is one of Siesta Key’s 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.
Property Details At A Glance
Property Type: Land
City: Siesta Key
County: Sarasota
Subdivision: Sarasota Beach
Annual Tax: $16,560
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Water Front: Yes
Water Frontage: Canal - Saltwater
Water Access: Yes
Water Access Type: Canal - Saltwater
Water Name: SALTWATER CANAL
Utilities: Water Available
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: In County
Lot Size (acres): 0.36
Lot Size (sq. ft.): 15,500 square feet
Lot Dimensions: 78 x 124 x 158 x 180
Road Frontage: County Road
Front Exposure: West
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0082060066
Zoning: RSF2
Tax Legal Desc.: 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
Section: 12
Range: 17E
Listing courtesy of KELLER WILLIAMS ST PETE REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.