NOT LISTED FOR SALE

4266 Higel Ave Sarasota, FL 34242

Estimated Value: $6,229,000 - $6,594,300

1.3 Acres
$4,953,410 Price per Acre
56,628 Sq Ft Lot

Last Sold December 05, 2023

Last sale price $7,500,000 $2,507 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $38,964/month

322 Days on Market

Highlights

  • 110 Feet of Ocean or Gulf Waterfront
  • Beach View
  • Oak Trees
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • 1.3 Acre Lot

About This Lot

As of December 2023

$$MILLION DOLLAR REDUCTION$$. Build the home of your dreams on this expansive lot of 1.3 acres. Your own private white sandy beach on Siesta Key. Situated just forty-five minutes south of Tampa, come see why Sarasota has won so many lifestyle awards as of late. Siesta Key offers the nation’s best beach, “big-city” arts and entertainment, yet is a little more reserved and paced then our neighbors on the east coast of the state and Naples. East to west orientation reveals the most magical sunsets. The long plot affords privacy and separation from the street, while providing a grand entrance to your future residence. The prior home has been leveled, with a vacant lot approved and permitted to build a custom 9,754 square foot estate with tennis court, guest house, and oversized driveway (was listed for $32.5M in MLS as A4554778). OR, start from scratch and build your own vision. All due diligence completed. New survey, tree locations, CCL location, soil tests, etc. Public utilities in place. This lot is extremely rare and ready to build. You won't find another like it.

Last Agent to Sell the Property

Mark Coppens

EXP REALTY LLC Brokerage Phone: 800-486-1794 License #3340198 Listed on: 12/14/2022

EXP REALTY LLC

Last Buyer's Agent

Billi Gartman

ANNA MARIA LIFE REAL ESTATE License #3258158

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57,938

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 100x565
  • 110 Feet of Ocean or Gulf Waterfront
  • Property fronts a county road
  • East Facing Home
  • Oversized Lot
  • Cleared Lot
  • Oak Trees
  • Wooded Lot
  • Property is zoned RE2

Property Views

  • Beach
  • Full Gulf or Ocean

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Additional Features

  • In Flood Plain
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0079030002

Community Details

Overview

  • No Home Owners Association
  • Fidder Bayou Community
  • Fidder Bayou Subdivision

Recreation

  • Beach Access
  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$57,938

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.3
  • Lot Size Sq Ft: 61745
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Main St #1112
  • RATIO Current Price By Calculate: 121.47
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Attribution Contact: 800-486-1794
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: County Road
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 110
  • Flood Zone Panel: 0141F
  • Water Frontage Feet Gulf Ocean: 110

Utilities

  • Utilities: Cable Available, Public
  • Sewer: Public Sewer
  • Water Source: Public

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: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0079030002
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable, Cleared, Flood Plain/Bottom Land, Oversized Lot
  • Lot Dimensions: 100x565
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 57937.86
  • Tax Book Number: 4-91
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Nov 29, 2023
Sold by
Chanel Holdings Nevis Llc and Chanel Holdings Llc
Bought by
Mira Trust and Peace
Seller's Agent
Mark Coppens
EXP REALTY LLC
Buyer's Agent
Billi Gartman
ANNA MARIA LIFE REAL ESTATE
List Price
$9,995,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,495,000
-24.96%
Views
1916
Current Estimated Value
$6,439,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,060,567
Avg. Annual Appreciation
-7.71%

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 4, 2020
Sold by
Melk John and Melk Karen
Bought by
Chanel Holdings Llc
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mark Coppens
EXP REALTY LLC
List Price
$5,000,000
Sold Price
$5,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Melk John and Melk Karen

Purchase Details

Closed on
Oct 18, 2006
Sold by
Sloan Paul A and Sloan Astrid
Bought by
Sloan Paul A and Sloan Astrid

Purchase Details

Closed on
Dec 22, 2004
Sold by
Sloan Paul A and Paul A Sloan Revocable Living
Bought by
Sloan Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Sloan Paul A and Sloan Astrid
Bought by
Sloan Paul A and Paul A Sloan Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Steele Robert G and Steele Janet R
Bought by
Sloan Paul A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mira Trust $7,500,000 None Listed On Document
Chanel Holdings Llc $500,000 Bayliss Devon
Melk John $1,955,250 Servicelink
Sloan Paul A -- Associates Land Title Inc
Sloan Paul A -- --
Sloan Paul A -- --
Sloan Paul A $1,580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sloan Paul A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $7,500,000 -16.6% $2,507 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
04/22/2023 04/22/23 Price Changed $8,995,000 -10.0% $3,006 / Sq Ft
12/14/2022 12/14/22 For Sale $9,995,000 +99.9% $3,341 / Sq Ft
08/04/2020 08/04/20 Sold $5,000,000 0.0% $1,671 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $5,000,000 0.0% $1,671 / Sq Ft
06/29/2020 06/29/20 Off Market $5,000,000 -- --
04/01/2020 04/01/20 For Sale $5,000,000 -- $1,671 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $63,109 $5,885,500 $5,885,500 --
2023 $63,109 $5,610,300 $5,610,300 $0
2022 $57,967 $5,285,200 $5,285,200 $0
2021 $50,684 $4,158,000 $4,158,000 $0
2020 $38,361 $3,164,400 $3,164,400 $0
2019 $33,456 $2,689,700 $2,689,700 $0
2018 $36,361 $2,916,000 $2,916,000 $0
2017 $36,506 $2,704,925 $0 $0
2016 $34,732 $2,848,000 $2,848,000 $0
2015 $37,116 $3,185,300 $3,185,300 $0
2014 $32,903 $1,847,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Coppens

    Seller's Agent in 2023

    Mark Coppens

    EXP REALTY LLC

    (941) 444-0436

    7 in this area

    78 Total Sales

    Mark Coppens
    Section Image
  • Billi Gartman

    Buyer's Agent in 2023

    Billi Gartman

    ANNA MARIA LIFE REAL ESTATE

    (941) 545-8877

    1 in this area

    64 Total Sales

    Billi Gartman
    Section Image
  • Michael Hays

    Seller's Agent in 2020

    Michael Hays

    Michael Saunders

    (941) 376-1826

    5 in this area

    31 Total Sales

    Michael Hays
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4554946

Stellar MLS

APN: 0079-03-0002

Florida Sarasota County Sarasota 34242

4266 Higel Ave, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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