$15,500,000
4046 Higel Avenue
Sarasota, FL 34242
Listing updated: June 20, 2026 at 4:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage spaces
Flood zone
About this home
Under contract-accepting backup offers. Experience private beachfront coastal luxury at this one-of-one Siesta Key home, thoughtfully curated for comfort, style, and entertainment - by Pham Development. Perfectly positioned off the Gulf, with gorgeous ocean views throughout the rooms - you can watch a world-class sunset view from your master bedroom. Spanning over 6,468 square feet under air and 9,080 total square feet, this exquisite residence captures the essence of resort-style waterfront living on more than half an acre of pristine Gulf-front land. Be at ease with a surrounding elevated riprap shoreline and the imported rocks, offering both protection and privacy. Pull into the property through the gated entry, with a paved driveway for ample parking. The ground level offers a 3-car garage, spacious private fitness studio with AC, large flex space/storage room, and huge game room that leads out to the truly special backyard - with premium turf, silica sand and a putting area. Host a sunset dinner with the full outdoor kitchen, including a freezer, wet bar, beverage center, ice machine, and 6-burner grill. Have a drink while sitting in the pool facing the ocean, relax in the champagne spa hot tub, or tan on the sun shelf. Put your toes in the sand area of the backyard, or take the paver steps down to the private beach and swim in the ocean - the ultimate paradise. Wake up to the panoramic views of the Gulf of America and Sarasota Bay, that create a daily masterpiece of color and light, and have a coffee on the master bedroom's private balcony. With 6 bedrooms, 5 full bathrooms, and 2 half baths, you can host more family and guests - along with the second living room/media room. All of the bedrooms have custom built-in closets, and the spacious ocean-view master bathroom leads to two spacious walk-in closets. The home features high-ceilings, beautiful hardwood flooring throughout, and cypress beams. The living and dining room area have a fireplace, and the open-floor plan leads out to another large balcony overlooking the ocean. Enjoy the gourmet custom kitchen with Thermador gas appliances, a walk-in pantry, and an extra large quartz island with seating. An elevator connects the 3-level home through the grand living spaces that flow seamlessly toward the water, blending indoor sophistication with the beauty of the coast. The lush tropical landscaping evokes the serenity of a private resort. Located just minutes from Siesta Beach, the Village, and the North Siesta Bridge, this rare coastal jewel offers the ultimate combination of elegance, exclusivity, and Gulf-front tranquility—a move-in ready residence truly without equal on Siesta Key.
Local Insight
At $15.5M for a 1983 build on just 0.55 acres, you're paying a significant waterfront premium in Siesta—this is more about location and direct water access than the house itself, so the condition and any deferred maintenance on a 40-year-old structure warrant serious inspection. The AE flood zone is a real consideration that will affect insurance costs and future insurability, especially given the price point and waterfront exposure. If you're looking at this for the location and water access rather than the structure, that's fine, but factor in potential renovation costs and the flood implications into your offer strategy.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: PendingFeb 12, 2026
- Listed$15,500,000Feb 10, 2026
- Price increased$15,500,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 1
- Cumulative DOM
- 114
- Subdivision
- Siesta
- County
- Sarasota
- Year built
- 1983
- Living area
- 6,468 sq ft
- Price/sq ft
- $2,396
- Building area
- 9,080 sq ft (Public Records)
- Lot size
- 24,123 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE (12115C0141G)
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $32,602 (2025)
- Parcel #
- 0078060017
- Zoning
- RSF1
- MLS #
- A4682070
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 6
- Half bathrooms
- 2
- Flooring
- Tile, Wood
- Appliances
- Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Elevator, High Ceilings, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Week
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please see County restrictions for more information.
Exterior & Construction
- Exterior features
- Awning(s), Balcony
- Construction materials
- Block, Frame
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Brick, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Kitchen | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-02-09
- On market date
- 2026-02-10
- Original list price
- $15,500,000
- Occupant type
- Vacant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-12
- Tax legal description
- COM AT SE COR OF LOT 29 BLK 51 TH N-7-05-E 262.5 FT FOR POB TH S-87-19-41-W 170 FT TH S-7-05-W 2.35 FT TH S-87-19-41-W 223.05 FT TH N-11-15-01-W 19.25 FT TH N -8-29-32-E 46.34 FT TH N-87-19- 41-E
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Drive down Higel Ave and turn on 4046 Higel Ave.
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