Active
$7,500,000
Est. $48,034/mo

4205 Higel Ave, Sarasota, FL, 34242

$1,071/sqft·Cocoanut Bayou

4 bd5 ba7,003 sqft12 car garageSingle Family
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY· Last updated · MLS# A4675182

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Est. monthly payment
$48,034/mo
Down payment (20%)
$1,500,000
Property taxes
$5,043/mo
HOA
$1,500/yr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
3 stories · 2008
Waterfront
Bayou
Private pool
Heated
12 car garage
Covered
0.42 acres
Lot size

About this home

Accessibility FeaturesBuilt-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Crown MoldingDry BarEat-in KitchenElevator

4205 Higel Ave is a 2008-built home in Cocoanut Bayou, Sarasota. Inside you'll find 4 bedrooms, 5 bathrooms, and 7,003 square feet of living space. Listed at $7,500,000 (about $1,071/sqft), 183 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $1,500 annually.

From the listing

A timeless coastal estate with an air of refined European elegance, this gated waterfront residence on the protected deep waters of Cocoanut Bayou harmonizes classic architecture with thoughtful modern enhancements. Newly updated with wide-plank white oak engineered hardwood flooring and a gleaming white kitchen featuring new pearl quartz countertops and a Zellige tile backsplash, the home offers an elevated, move-in-ready experience for buyers seeking both luxury and serenity on Siesta Key. Step through custom arched double doors into a luminous grand foyer with 12-foot ceilings and beautifully crafted architectural details that introduce the home’s balance of scale, sophistication, and warmth. The soaring central living room, with its 24-foot ceilings, new hardwood floors, and expansive terrace, sets the tone for both intimate gatherings and grand entertaining. A sweeping 48-foot waterfront terrace extends the full width of the home, creating a captivating outdoor living space with room for dining, lounging, and enjoying breezy evenings by the stone fireplace. Inside, the newly refreshed gourmet kitchen shines with exceptional professional-grade appointments, including two Sub-Zero refrigerators, Wolf cooking equipment, two Miele dishwashers, Sub-Zero freezer drawers with ice maker, an oversized island, a casual dining area with French doors to the terrace, and an outdoor kitchen featuring a Wolf grill. The adjoining bar/butler’s pantry is well equipped with a 150-bottle, dual-temperature zoned Sub-Zero wine refrigerator and built-in Sub-Zero icemaker, along with additional glass-front cabinetry to display your treasured items. The kitchen flows effortlessly into a waterfront grand living room with five sets of French doors opening onto the terrace, for seamless indoor/outdoor living, and an elegant formal dining room for special occasions. On the opposite wing, you will find a handsome library/office, a home gym, and a large family room with serene water views and French doors to the terrace. A recently upgraded powder room and two large storage closets complete this level. The private second level, accessed by a sweeping staircase or the commercial-grade elevator, features four generous bedroom suites with walk-in closets, spa-inspired baths, and engineered hardwood flooring. The primary suite, a serene retreat, offers a gas fireplace, an expansive private terrace with bayou and bay views, the perfect spot to see incredible sunrises, and a luxurious marble bath with soaking tub, dual vanities, a large dual shower, and a built-in Sub-Zero mini-fridge. Spacious dual custom closets and a dressing area with a vanity complete the space. Boaters will appreciate the deep-water dock with direct access to Sarasota Bay and the Gulf of Mexico. Additional features include a second-floor laundry with a new Samsung washer and dryer, a 12-car garage, a whole-house sound system, impact-resistant windows and doors, concrete construction, state-of-the-art security, 4 HVAC units (one recently installed), and mature tropical landscaping that provides privacy and a true sense of retreat. A private community beach offers the rare opportunity to enjoy Siesta Key’s renowned white sands moments from home. Ideally located near Siesta Key Beach, Siesta Village, and vibrant downtown Sarasota, this exceptional estate combines architectural beauty, modern updates, and an enviable waterfront setting—offering a lifestyle entirely its own.

The essentials

Built
2008
Price / sqft
$1,071
On market
259 days
Annual tax
$60,515
HOA
$1,500/yr
Flood zone
AE
Lot
18,278 sqft
Type
Single Family Residence

Location

4205 Higel Ave
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Single Family Residence
Year Built
2008
Lot
18,278 sqft
Cooling
Central Air, Zoned
Heating
Central, Electric, Zoned
Parking
Covered, Driveway, Garage Faces Side, Golf Cart Parking, Ground Level, Oversized, Parking Pad, Basement, Workshop in Garage
Pool
Gunite, Heated, In Ground, Lighting, Pool Sweep, Salt Water, Tile
Waterfront
Bayou
Days on Market
259
Accessibility Features
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Crown Molding
Dry Bar
Eat-in Kitchen
Elevator
High Ceilings
Primarybedroom Upstairs
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Wet Bar
Window Treatments
Balcony
Courtyard
French Doors
Garden
Lighting
Misting System
Outdoor Grill
Outdoor Kitchen
Permeable Paving
Private Mailbox
Private Yard
Sidewalk
Sprinkler Metered
Storage
Street Lights
Bar Fridge
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Freezer
Ice Maker
Microwave
Range Hood
Refrigerator
Tankless Water Heater
Washer
Wine Refrigerator

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$60,515

Parcel #

0079020001

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Cocoanut Bayou

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

18,278 sqft

FloodZoneIn CountyLandscapedSidewalkPaved
HOA
$1,500/yr
COCOANUT BAYOU ASSOCIATION
Date
Event
Price
12/26/2025
Listed for sale
Source: Stellar MLS #A4675182
$7,500,000
$1,071/sqft
Est. monthly payment$48,033/mo
Principal & interest$39,116
Property taxes$5,043
Insurance$3,750
HOA$125
Down payment20% · $1,500,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $7,500,000
$7.13M – $7.50M
95% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34242 landed at this number or higher (52%). The median one sat 87 days before it went under contract, and this one is on day 259.

Sample: 56 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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