$7,500,000
NEW CONSTRUCTION

4634 Higel Ave Sarasota, FL 34242

Estimated payment $42,098/month

5 Beds
5.5 Baths
3,875 Sq Ft
$1,935 Price per Sq Ft

Highlights

  • 31 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • New Construction

About This Home

Start living your dream lifestyle on world-famous Siesta Key in this Pham Development custom-built waterfront British West Indies–style home. Located on a quiet street on the north end of the key—close to the beach, Siesta Key Village and Out-of-Door Academy—and just minutes on and off the island, this residence offers island living at its best. Set on a corner canal-front lot, the two-story home features 5 bedrooms, 5 full bathrooms and 1 half bath, with 3,875 square feet under air, a great room floor plan, soaring 22-foot vaulted ceilings, and walls of windows and doors—including large pocket sliders—that bring in abundant natural light and seamlessly connect indoor and outdoor living. The adjacent dining area provides ample space for entertaining, while the stunning kitchen—completely open to the great room—serves as the heart of the home with a large 9-foot island with extended seating, professional stainless steel gas appliances and a walk-in butler’s pantry. The home also features a fully integrated security system, whole-home sound system and a complete Control4 smart home system. The first-floor owner’s suite offers a private retreat with a walk-in shower, freestanding tub, dual vanities, and a large custom walk-in closet. A laundry room, powder room and mudroom complete the first level, and a 3-car garage provides ample parking and storage. Note the home beside this one is nearly finished being built. Upstairs you’ll find four en-suite guest bedrooms, an additional laundry area to service them, and an expansive second-level balcony to take in the views. Outdoor living includes approximately 1,502 square feet of covered lanai, an exterior wrap-around porch, and balcony space designed for enjoying the island lifestyle, complete with SunBrite outdoor TVs, and Brazilian hardwood ceilings. The privately gated driveway and fully fenced property are surrounded by lush landscaping, creating a secluded tropical setting with a large swimming pool, champagne spa and expansive pool deck perfect for relaxing or entertaining. A private well supports irrigation. With 31 linear feet of canal frontage, the property features a 31-by-12-foot electric boat lift rated for 6,500 pounds, two jet ski ramps and about a 4.5-foot draft—ideal for boating and enjoying the water, making this oasis the perfect place to enjoy the Siesta Key lifestyle. Property video:

Listing Agent

Faith Stutzman

THE STUTZMAN REALTY GROUP, LLC Brokerage Phone: 941-260-0709 License #3569048 Listed on: 03/13/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,904

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.35 Acre Lot
  • 31 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation Equipment
  • Street paved with bricks
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,875 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Awning
  • Shade Shutters
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Canal Views
  • Smart Home

Kitchen

  • Butlers Pantry
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Dryer

Pool

  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting
  • Heated Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access to Saltwater Canal
  • Boat Lift
  • Dock has access to electricity
  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • 1 Water Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Pham Development
  • Ocean Beach Community
  • Ocean Beach Rep Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0079140005

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,904

Year Built

Built in 2024 | New Construction

Lot Details

0.35 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Frame
  • Fireplace: Yes
  • Living Area: 3875
  • Lot Size Acres: 0.35
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 6267
  • Lot Size Sq Ft: 15428
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 582.22
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1935.48
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric
  • MFR_DockYN: 1
  • Attribution Contact: 941-260-0709
  • Tax Year: 2025
  • Special Features: 4098

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment, Private Yard
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Skylight(s)
  • Living Area Meters: 360.00

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, Lighting, Salt Water
  • Exterior Features: Awning(s), Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Private Yard, Rain Gutters, Shade Shutter(s), Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around
  • Road Surface Type: Brick, Paved
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean to Bay
  • Water Extras: Lift
  • Water Frontage Feet Canal Salt: 31
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 31
  • Flood Zone Panel: 12115C0141G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Well
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required 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: RSF2
  • Parcel Number: 0079140005
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: AE

Building Info

  • Builder Name: Pham Development

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See County of Sarasota regulations.

Tax Info

  • Tax Annual Amount: 36904
  • Tax Book Number: 488-889
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Canal - Saltwater

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
2025 $12,333 $3,154,045 -- --
2024 $12,715 $1,045,500 $1,029,000 $16,500
2023 $12,715 $1,043,600 $985,800 $57,800
2022 $5,245 $436,792 $0 $0
2021 $5,315 $424,070 $0 $0
2020 $5,334 $418,215 $0 $0
2019 $5,164 $408,812 $0 $0
2018 $5,053 $401,189 $0 $0
2017 $5,032 $392,937 $0 $0
2016 $5,032 $506,100 $372,500 $133,600
2015 $5,123 $453,500 $332,500 $121,000
2014 $5,105 $373,544 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Sale $7,500,000 +58.2% $1,935 / Sq Ft
10/22/2024 10/22/24 Sold $4,740,000 -9.7% $1,247 / Sq Ft View Prior Sale
07/09/2024 07/09/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $5,250,000 +366.7% $1,381 / Sq Ft
07/25/2022 07/25/22 Sold $1,125,000 -2.2% $689 / Sq Ft View Prior Sale
03/18/2022 03/18/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,150,000 -- $705 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,740,000 None Listed On Document
Personal Reps Deed $221,000 --
Personal Reps Deed $221,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,740,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: A4686100

Stellar MLS

APN: 0079-14-0005

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