$22,500,000
NEW CONSTRUCTION $2M PRICE DROP

Estimated payment $131,091/month

Total Views 18,165
5 Beds
5.5 Baths
8,777 Sq Ft
$2,564 Price per Sq Ft

Highlights

  • 270 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • New Construction
  • Full Gulf or Ocean Views

About This Home

Pre-Construction. To be built. Indulge in the epitome of Gulf-front luxury living at this breathtaking estate located at 162 Emerson Drive, in the heart of Lido Key, Sarasota, FL. This stunning 5-bedroom, 5.5-bathroom masterpiece spans over 8,777 square feet of living space and 16,782 total square. 135 feet of direct Gulf frontage with mesmerizing panoramic views. From the moment you step into the grand foyer, you're welcomed by the serene vistas of the Gulf of Mexico. The home features expansive living spaces with designer finishes, Control4 smart home automation, custom built-ins, and motorized Lutron blinds throughout. The main living area is a showcase of elegance with floor-to-ceiling pocket sliders framing the sparkling blue waters, a gourmet chef’s kitchen with Sub Zero and Wolf appliances, and a Gulf-front dining room perfect for entertaining.

Located just a short walk from St. Armands Circle, this estate offers the perfect blend of seclusion and accessibility to world-class dining, shopping, and entertainment. Make this Gulf-front paradise your new home today!

Listing Agent

Charles & Gabe Buky

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3021275 Listed on: 08/20/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,613

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 135x150
  • 270 Feet of Waterfront
  • 135 Feet of Ocean or Gulf Waterfront
  • 135 Feet of Public Beach Waterfront
  • West Facing Home
  • Corner Lot
  • Irrigation
  • Property is zoned RSF2

Parking

  • 7 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Home in Pre-Construction
  • Home is estimated to be completed on 12/1/25
  • Tri-Level Property
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 8,777 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Office
  • Home Gym
  • Wood Flooring
  • Full Gulf or Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Schools

  • Wilkinson Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Lido Beach Community
  • Lido Beach Div A Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,613

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stone, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 8777
  • Lot Size Acres: 0.46
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 16782
  • Lot Size Sq Ft: 20250
  • Directions to Property: North Polk to Emerson Drive
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 2563.52
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Water Frontage Feet Beach: 135
  • MFR_BedroomClosetType: Dual Closets
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchenette,Private Entrance
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Storm Window(s)
  • Street Number Modifier: 162
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Den/Library/Office,Interior In-Law Suite w/Private Entry
  • Living Area Meters: 815.41
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 270
  • Projected Completion Date: 2025-12-01T00:00:00.000
  • Water Frontage Feet Gulf Ocean: 135

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 7
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Wilkinson Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2015090025
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits
  • Lot Dimensions: 135x150
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 1881

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per city of Sarasota.

Tax Info

  • Tax Annual Amount: 77613
  • Tax Block: 12
  • Tax Book Number: 2-178
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $77,613 $5,797,000 -- --
2023 $77,613 $5,270,000 $5,270,000 $0
2022 $54,765 $4,510,800 $4,237,000 $273,800
2021 $43,528 $2,818,800 $2,561,000 $257,800
2020 $40,247 $2,501,000 $2,190,500 $310,500
2019 $42,392 $2,641,800 $2,297,800 $344,000
2018 $31,446 $1,986,068 $0 $0
2017 $31,095 $1,945,218 $0 $0
2016 $30,970 $2,713,800 $2,352,000 $361,800
2015 $31,446 $2,537,200 $2,236,500 $300,700
2014 $31,428 $1,849,211 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $7,995,000 -3.1% --
04/23/2025 04/23/25 Price Changed $8,250,000 -63.3% --
04/13/2025 04/13/25 Price Changed $22,500,000 +181.3% $2,564 / Sq Ft
04/13/2025 04/13/25 Price Changed $8,000,000 -11.1% --
12/22/2024 12/22/24 Price Changed $8,995,000 -63.3% --
08/20/2024 08/20/24 For Sale $24,500,000 +145.0% $2,791 / Sq Ft
06/01/2022 06/01/22 For Sale $10,000,000 +60.0% --
02/15/2022 02/15/22 Sold $6,250,000 -3.7% $2,096 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $6,490,000 +106.0% $2,176 / Sq Ft
08/22/2019 08/22/19 Sold $3,150,000 -9.9% $1,056 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $3,495,000 -- $1,172 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,250,000 Blalock Walters Pa
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,150,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $4,800,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $16,000,000 Construction
Previous Owner $300,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4620371

Stellar MLS

APN: 2015-09-0025