$8,500,000

4050 Higel Ave Siesta Key, FL 34242

Estimated payment $48,121/month

Total Views 1,647
0.86 Acre
$9,883,721 Price per Acre
37,462 Sq Ft Lot

Highlights

  • 164 Feet of Waterfront
  • Water access To Gulf or Ocean
  • 0.86 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Full Gulf or Ocean Views
  • No HOA

About This Lot

A rare Gulf-front offering, this 37,471 sq. ft. (.86-acre) parcel presents an extraordinary opportunity to create a signature coastal estate in one of Sarasota’s most coveted locations. Just steps from the sparkling waters of the Gulf of America and the Sarasota Bay, the nearly one-acre homesite provides a generous canvas for architectural vision—whether a sleek modern retreat, a timeless Mediterranean, or a resort-inspired sanctuary. This land has been fully prepped and made ready to build a New Construction home of your dreams. Pham Development is the preferred builder, who has already created a conceptual blueprint for this property. The seawall has been reinforced with massive boulders and ripraps, to add extra protection and security to give the new homeowner peace of mind. The expansive lot allows for grand-scale design, with the potential for sweeping outdoor living spaces, infinity-edge pool, multiple terraces, and lush private gardens. From sunrise walks along the shoreline to breathtaking Gulf sunsets, every hallmark of coastal living is at your doorstep. Perfectly situated, the property blends serenity with convenience—only moments from world-class beaches, fine dining, boutique shopping, marinas, golf, and Sarasota’s vibrant cultural scene. Opportunities of this caliber are exceedingly rare. For the discerning buyer seeking both prestige and enduring value on the Gulf, this property is ready to bring your vision to life.

Listing Agent

Faith Stutzman

THE STUTZMAN REALTY GROUP, LLC Brokerage Phone: 941-260-0709 License #3569048 Listed on: 11/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,793

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 336'x82'
  • 164 Feet of Waterfront
  • 82 Feet of Ocean or Gulf Waterfront
  • 82 Feet of Ocean to Bay Waterfront
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Street paved with bricks
  • Property is zoned RSF1

Property Views

  • Full Gulf or Ocean Views

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Underground Utilities
  • 1 Water Well

Listing and Financial Details

  • Legal Lot and Block 29 / 51
  • Assessor Parcel Number 0078060016

Community Details

Overview

  • No Home Owners Association
  • Siesta Rev Community
  • Siesta Rev Of Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Fishing Pier
  • Seawall
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$38,793

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.86
  • Lot Size Sq Ft: 37471
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 226.84
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Attribution Contact: 941-260-0709
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • View: Water
  • Water Body Name: BIG SARASOTA PASS
  • Waterfront: Yes
  • Road Surface Type: Brick, Paved
  • Water Access: Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras: Fishing Pier,Riprap,Sailboat Water,Seawall - Concrete
  • Water View: Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 164
  • Flood Zone Panel: 12115C0141G
  • Water Frontage Feet Gulf Ocean: 82
  • Water Frontage Feet Ocean 2 Bay: 82

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sprinkler Well, Underground Utilities, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0078060016
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Fenced
  • Lot Dimensions: 336'x82'
  • Flood Zone Code: AE

Tax Info

  • Tax Annual Amount: 38793
  • Tax Block: 51
  • Tax Book Number: A-38
  • Tax Lot: 29

Multi Family

  • Waterfront Features: Gulf/Ocean, Gulf/Ocean to Bay

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 For Sale $22,000,000 +158.8% $3,492 / Sq Ft
11/22/2025 11/22/25 For Sale $8,500,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4666087

Stellar MLS