An exceptional opportunity on iconic Higel Avenue in Sarasota, where value is firmly rooted in land, location, and waterfront lifestyle. Situated on over 15,000 square feet, nearly half an acre, this property offers 92 feet of canal frontage and endless potential to renovate, expand, or build your dream coastal retreat.The existing residence features 3 bedrooms, 2 full bathrooms, and 1 half bath, providing immediate functionality while allowing flexibility for future plans. Whether envisioned as a personal residence, investment, or redevelopment opportunity, the setting alone is truly compelling.The location is unmatched. Just 0.6 miles to the vibrant Siesta Village, enjoy easy access to boutique shopping, acclaimed dining, and local nightlife. Beach lovers will appreciate being only 0.7 miles to the nearest beach access, with the main entrance to world-renowned Siesta Beach just over a mile away, celebrated for its powdery white sands and crystal-clear waters.This is more than a property. It is a rare chance to secure a premier canal-front parcel in one of Sarasota’s most desirable coastal corridors, offering a lifestyle defined by proximity to the water, the beach, and everything that makes Siesta Key extraordinary.
Sold for $1,000,000
$1,000,000
5036 HIGEL AVENUE, SARASOTA, FL 34242
3beds
1,898sqft
Single Family Residence
Built in 1962
0.35 Acres Lot
$1,306,400 Zestimate®
$527/sqft
$6,435 Estimated rent
Home value
$1,306,400
$1.12M - $1.52M
$6,435/mo
Zestimate® history
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$6,432/mo
Est. payment
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Est. payment
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Premier canal-front parcel
Zillow last checked:
Listing updated:
Listed by:
Diana Pomarico PA 727-481-8363,
PALERMO REAL ESTATE PROF. INC. 813-637-0117
Bought with:
Joanna Dabrowski, 3602707
DALTON WADE INC
Source: Stellar MLS,MLS#: TB8459412
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Description: Room1
- Features: Built-in Closet
- Level: First
Bedroom 2
- Description: Room2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Description: Room3
- Features: Built-in Closet
- Level: First
Kitchen
- Description: Room5
- Features: No Closet
- Level: First
Living room
- Description: Room4
- Features: No Closet
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Other
Features
- Primary Bedroom Main Floor
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 2,595
- Total interior livable area: 1,898 sqft
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, Covered, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal Front, Saltwater Canal Access, Seawall
- Body of water: ROBERT'S BAY
- Frontage length: Canal: 92
Lot
- Size: 0.35 Acres
- Dimensions: 92 x 164
- Features: Flood Insurance Required, FloodZone, Oversized Lot
- Residential vegetation: Oak Trees, Trees/Landscaped
Details
- Parcel number: 0081120055
- Zoning: RSF2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Block, Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Canal/Lake For Irrigation, Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: SARA SANDS
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $527/sqft
- Tax assessed value: $1,027,500
- Annual tax amount: $3,275
- Date on market: 12/29/2025
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $1,000,000-9.1%$527/sqft |
Source:  Stellar MLS #TB8459412 Report a problem | ||
| 1/8/2026 | Pending sale | $1,100,000$580/sqft |
Source: Stellar MLS #TB8459412 Report a problem | ||
| 12/29/2025 | Listed for sale | $1,100,000$580/sqft |
Source: Stellar MLS #TB8459412 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,377 +1.5% | $274,988 +0.4% |
| 2024 | $3,328 +4.6% | $273,938 +3% |
| 2023 | $3,183 +1.8% | $265,959 +3% |
| 2022 | $3,125 -1.7% | $258,213 +3% |
| 2021 | $3,178 0% | $250,692 +1.4% |
| 2020 | $3,179 +3.7% | $247,231 +2.3% |
| 2019 | $3,065 | $241,673 +1.9% |
| 2018 | $3,065 +2.6% | $237,167 +2.1% |
| 2017 | $2,987 -0.4% | $232,289 -54.4% |
| 2016 | $2,999 | $509,900 +2.3% |
| 2015 | $2,999 +0.4% | $498,500 +125.7% |
| 2014 | $2,987 +0.1% | $220,824 |
| 2013 | $2,983 +2.7% | $220,824 +1.7% |
| 2012 | $2,905 +4.6% | $217,133 +3% |
| 2011 | $2,778 -1% | $210,809 +1.5% |
| 2010 | $2,807 +9.6% | $207,694 +2.7% |
| 2009 | $2,561 | $202,234 +0.1% |
| 2008 | $2,561 -3% | $202,032 +3% |
| 2007 | $2,639 | $196,148 +2.5% |
| 2006 | -- | $191,364 +3% |
| 2005 | -- | $185,790 +3% |
| 2004 | $2,724 -0.9% | $180,379 +1.9% |
| 2003 | $2,749 +1.3% | $177,016 +2.4% |
| 2002 | $2,713 +7.5% | $172,867 +1.6% |
| 2001 | $2,523 +2% | $170,145 +3% |
| 2000 | $2,474 | $165,189 |
Find assessor info on the county website
Neighborhood: 34242
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Phillippi Shores Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,306,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,306,400
- Florida
- Sarasota County
- Siesta Key
- 34242
- 5036 HIGEL AVENUE
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