4196 ROBERTS POINT CIRCLE Sarasota, FL $ 10,890,000
4196 ROBERTS POINT CIRCLE
$ 10,890,000
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4196 ROBERTS POINT CIRCLE

Sarasota, FL, 34242
$ 10,890,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 75,215

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Lots and Land for sale in Sarasota, FL

for $10,890,000. The lot size is 1.34.

An extraordinary land opportunity without compare on the Gulf Coast to create a legacy waterfront estate, multi-residence compound or two distinctive estate homes on 1.34 acres along Sarasota Bay. Located at 4196 Roberts Point Circle, this expansive Siesta Key property offers over 400 feet of waterfront, remarkable privacy, and sweeping views across the bay in a setting rarely available at this scale. The size and configuration of the property present compelling possibilities for its next chapter. Envision a singular custom waterfront estate surrounded by lush grounds or explore the potential to divide the property and create multiple residences—an exceptional opportunity for a private family compound where generations can live independently while sharing one extraordinary waterfront setting. Any subdivision or redevelopment would be subject to applicable zoning, permitting, and governmental approvals. The property currently contains approximately 8,500 square-foot of living space among two structures, allowing a future owner to consider incorporating existing improvements into a new vision or pursuing a more comprehensive redevelopment of the site. Mature tropical vegetation surrounds the property, creating a natural sense of seclusion, while the expansive shoreline opens to panoramic water views. Multiple existing dockage options provide direct access to the surrounding waterways, further enhancing the property’s connection to Sarasota’s coveted coastal lifestyle. The 1.34-acre site offers substantial space to thoughtfully orient residences and outdoor living areas around the water, with possibilities for resort-style amenities, gardens and gathering spaces that take full advantage of the property’s scale and setting. Whether preserved as one expansive homesite or reimagined for multiple residences, the property represents an increasingly rare opportunity to create something entirely personal on the water. Its location on the coveted north end of Siesta Key makes the opportunity even more exceptional. Known for its privacy, established residential character and sense of seclusion, this quieter end of the island offers a distinctly different experience while keeping Siesta Key Village, mainland Sarasota, and the island’s celebrated beaches within easy reach. Siesta Beach is renowned for its powdery white quartz sand and has previously earned Tripadvisor’s distinction as the No. 1 beach in the United States. Downtown Sarasota’s acclaimed dining, shopping, arts, and cultural destinations are just minutes away, as is Sarasota-Bradenton International Airport. It is a rare convergence of significant acreage, waterfront, privacy, and the unmistakable lifestyle of Siesta Key.

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Lots and Land Active

Price

$ 10,890,000

Property Type

Lots and Land

Taxes

$ 46,632

Style

Lot Size

1.34

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4709285

Features
General
Sewer Public Sewer
Utilities Public
Zoning RSF1
Garage Spaces 0
Pets Allowed Yes
View Water
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Bay/Harbor
County Sarasota
Property Type Land
Subdivision Name ROBERTS POINT 2
Facing Direction West
Status Active
Directions US 41 to West on Siesta Drive to left on Roberts Point Road. Property will be on the left
High School Sarasota High
City SARASOTA
Body of Water SARASOTA BAY
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Acres
Lot Size Square Feet 58292
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Phillippi Shores Elementary
Tax Annual Amount 46632.41
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4709285
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description LOTS 1 2 3 & 4 TOGETHER WITH NELY 1/2 OF LOT 5 & ANY LAND THAT MAY LIE BETWEEN SAID LOTS & BAY RESUB OF BLDS 1 2 3 & 4 ROBERTS POINT REVISED PLAT OF SIESTA BEING SAME LANDS AS DESC IN ORI
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor Gulf/Ocean Intracoastal Waterway
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE VE
DockY/N true
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Interior
Total Baths 0
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Exterior
Vegetation Trees/Landscaped
Lot Features In County
Water Source Public
Lot Size Area 1.3382
Lot Dimensions see survey
Lot Size Acres 1.34
Road Surface Type Asphalt Paved
Waterfront Y/N true
Covered Spaces 0
Road Frontage Type County Road
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* Excluded Features
List By
Douglas Elliman

Broker

Joel.Schemmel@elliman.com

Email

Affordability Calculator

$79,101
Per Month
95%
5%
0%
Monthly Principal & Interest
$75,215
Monthly Property Taxes
$3,886
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/22/2026$10,890,000 Listed Price

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4196 ROBERTS POINT CIRCLE, Sarasota, FL, 34242 is a Lots and Land for sale at $10,890,000 with a lot size of 1.34. 4196 ROBERTS POINT CIRCLE has 0.0 baths. The property's zip code is 34242 which is in Sarasota, FL