by Global Lifestyle Properties

See Home Value
$1,600,000
● Land - Off Market

5448 AZURE WAY

SARASOTA, FL 34242
bedrooms
Studio
bathrooms
0 Bath
$9,799
Est. Monthly
$17
HOA / Fees

About This Property

This property checks all the boxes for a fabulous Siesta Key residence: Close to the beach, boat lift in the back, newly raised seawall, and a quiet cul-de-sac. This exceptional waterfront homesite sits in the heart of Siesta Key, one of Florida's most sought-after coastal destinations. It offers a rare opportunity to build your custom dream home in a serene, prestigious setting where world-class beach access, effortless boating, and exceptional privacy come together perfectly. Nestled on a quiet, no-through-traffic cul-de-sac in the exclusive Siesta Isles enclave, the property enjoys a coveted island-within-an-island feel that delivers tranquility while remaining conveniently located. Just a 5-minute walk or drive away lies world-famous Siesta Key Beach with its renowned powdery quartz sand. Boating enthusiasts will love the direct deep-water access, complete with a private dock and a recently updated (2022) 10,000-pound boat lift. From here, you can cruise easily into the Intracoastal Waterway and the Gulf of Mexico, passing only one bridge at Midnight Pass. The lot features a substantially raised seawall recently elevated an additional 24 inches to an approximate elevation of 5-feet, which is significantly higher than most nearby seawalls. This provides enhanced protection and peace of mind for the new owner. Additional waterfront amenities include concrete steps, a spacious deck, and a convenient water access ladder. A capped freshwater irrigation well is also in place for easy landscaping maintenance. This build-ready property comes with submitted architectural plans for a stunning nearly 4,000 square foot 4-bedroom, 4-bath custom home featuring an impressive master suite, private elevator, and pool. Buyers can choose to use these existing plans and continue working with the current architect, or create something entirely their own. The generous lot offers approximately over 15,000 square feet (per architectural calculations), providing ample space for your vision. You'll also enjoy convenient proximity to world-class shopping, dining, and cultural attractions in nearby Sarasota.This is a rare blend of luxury, lifestyle, and long-term value. Build your dream coastal retreat where every day feels like a vacation - in one of the most desirable waterfront locations on Siesta Key.
Unit Size
-
Days on Market
129 days
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,189
HOA Dues
$17
Year Built
1972

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Last updated: 3 months ago (Stellar MLS #A4688348)

Price History

Date / Event Date Event Price
Aug 7, 2026 Sold
Sold
Jul 13, 2026 In contract -
In contract
Mar 31, 2026 Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY $1,750,000
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
Sep 16, 2022 Sold
Sold
Jul 27, 2022 Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY $1,895,000
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY
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Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 14,400
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,417
  • Gross Building Area: 2,417
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA ISLES UNIT 6
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 226 SIESTA ISLES UNIT 6

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0082150023
  • Subdivision Tract Number: 1567
  • Parcel: 0082-15-0023
  • Lot: 226
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2709
  • Longitude: -82.5524

    Address

  • Full Address: 5448 Azure Way
  • Legal Unit: 6
  • Address - House Number: 5448
  • Address - Street Name: Azure
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C061
  • 4-Digit Zip Code: 1802
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,684
  • Tax Year: 2023
  • Tax Amount: $1,805,243
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 1,960,978
  • High Value: 2,304,859
  • Low Value: 1,617,097

    Market Valuation

  • Market Total Value: $1,502,900
  • Market Land Value: $1,026,900
  • Market Improvement Value: $476,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,502,900
  • Assessed Land Value: $1,026,900
  • Assessed Improvements Value: $476,000

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 150572
  • Previous Sale Recording Date: Aug 10, 1994
  • Previous Sale Contract Date: Aug 05, 1994
  • Previous Sale Amount: $262,300
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Siesta Isles


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Frequently Asked Questions

When was property at 5448 Azure Way built and last sold?
The property at 5448 Azure Way was built in 1972 and last sold on Sep 15, 2022 for $1,895,000.
How much is this home worth?
The estimated value of the home located at 5448 Azure Way is $1,767,500.
What are some comparable homes to 5448 Azure Way?
There are currently no comparable homes to 5448 Azure Way.