4050 HIGEL AVENUE Sarasota, FL $ 8,500,000
4050 HIGEL AVENUE
$ 8,500,000
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4050 HIGEL AVENUE

Sarasota, FL, 34242
$ 8,500,000
Baths0.0

Monthly Estimate*

$ 52,336

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Studio

Lots and Land for sale in Sarasota, FL

for $8,500,000. The lot size is 0.86.

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. M&J 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.

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Lots and Land Active

Price

$ 8,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 41,628

Style

Lot Size

0.86

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4677341

Features
General
Sewer Public Sewer
Utilities Electrical Nearby Natural Gas Available Sewer Connected Sprinkler Well Underground Utilities Water Connected
Zoning RSF1
View Water
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Gulf/Ocean Gulf/Ocean to Bay
County Sarasota
Property Type Land
Subdivision Name SIESTA REV OF
Status Active
Directions Drive south down Higel Avenue and turn right on 4050 Higel.
High School Sarasota High
City SARASOTA
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 37471
Elementary School Phillippi Shores Elementary
Tax Annual Amount 41628
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4677341
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 29
Legal Description BEG AT SE COR OF LOT 29 BLK 51 TH N 07-05 E 250 FT FOR POB TH S 87-19-41 W 100 FT TH S 07-05 W 50 FT TH S 87-19-41 W 31 FT TH S 57-39-03 W 49.76 FT TH S 87-19-41 W 194.47 FT TH N 11-15-01 W 85.15 FT
Water View Gulf/Ocean - Full Gulf/Ocean to Bay
Water Access Type Gulf/Ocean Gulf/Ocean to Bay
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
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Interior
Total Baths 0
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Exterior
Fencing Fenced
Water Source Public
Lot Size Area 37471
Lot Dimensions 336' x 82'
Lot Size Acres 0.86
Road Surface Type Brick Paved
Waterfront Y/N true
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* Excluded Features
List By
Pham Realty Group Llc

Broker

info@phamdevelopmentgroup.com

Email

Affordability Calculator

$55,805
Per Month
94%
6%
0%
Monthly Principal & Interest
$52,336
Monthly Property Taxes
$3,469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$8,500,000 Listed Price

Map


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4050 HIGEL AVENUE, Sarasota, FL, 34242 is a Lots and Land for sale at $8,500,000 with a lot size of 0.86. 4050 HIGEL AVENUE is a studio with 0.0 baths. The property's zip code is 34242 which is in Sarasota, FL