Residential Property - Single Family Residence in Sarasota
Listing Price: $1,500,000 (Mortgage Calculator →)
Description of Property
Discover the rare opportunity to build or renovate on an exceptional .36-acre canal-front property located in the sought-after Sara Sands neighborhood on Siesta Key. Tucked away in a serene, upscale enclave just moments from the vibrant Siesta Key Village and the world-renowned Siesta Key Beach, this property offers the perfect blend of tranquility and convenience. The existing home—professionally remediated after flood damage—presents a unique opportunity for those looking to reimagine or completely rebuild. With ideal north-south exposure, this lot provides the perfect canvas for creating a custom-designed retreat that captures the coastal lifestyle. Boating enthusiasts will appreciate the private dock on a wide, deep-water canal, granting effortless access to the scenic Grand Canal and the Intracoastal Waterway. Whether you envision peaceful mornings on the water, lively gatherings by the pool, or simply relaxing in your personal oasis, the possibilities are endless. 5072 Higel Avenue is more than just a homesite—it's a lifestyle destination. Walk or bike to the #1 beach in the USA, then return to your private paradise. Enjoy world-class boating, fishing, fine dining, boutique shopping, and the cultural offerings of downtown Sarasota—all just minutes away. Bring your contractors, your architect, and your vision. This is your chance to create something truly special in one of Siesta Key’s most desirable locations. Don’t miss this exceptional opportunity. Schedule your private showing today.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Sara Sands
Bedrooms: 4
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 4,361
Sq. Ft. Living Area: 2,753
Cost per (heated) sqare foot: $545
Year built: 1959
Annual Tax: $18,238
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Hardwood
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Water Front: Yes
Water Frontage: Intracoastal Waterway
Water Access: Yes
Water Access Type: Canal - Saltwater
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Metal
Exterior Features: French Doors
Garage: Yes
Garage Spaces: 2
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.34
Lot Size (sq. ft.): 14,986 square feet
Front Exposure: East
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 0081120052
Zoning: RSF2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 8 SARA SANDS UNIT 2
Section: 12
Range: 17E
Listing courtesy of COLDWELL BANKER 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.