4050 HIGEL AVENUE

Property Details

Description

Under contract-accepting backup offers. Pre-Construction. To be built. One or more photos was virtually staged. An unmatched LUXURY BEACH estate, this Gulf-front upcoming masterpiece offers sweeping ocean views and a private stretch of sand on Siesta Key. Currently in development for New Construction by Pham Development, the iconic Mid-Century Modern style residence is privately gated and designed to deliver resort-level living on one of Florida’s most coveted coastlines on the Gulf of America and Sarasota Bay. Spanning 14,543 sq. ft. under roof, with 6,301 sq. ft. of air-conditioned interiors, the home features 5 bedrooms, 6 full baths, and 1 half baths. Engineered for longevity, it rests on a fortified foundation with a riprap seawall installation, ensuring enduring protection for the estate, luxe pool with hot tub, and land. Lifestyle amenities rival the finest resorts: a rooftop with ocean views, and a full personal fitness center with yoga studio. Entertainment spaces abound with opportunity for a movie theater room, an ocean-view office, gun and jewelry safe room, and an up to 16-car enclosed garage. Paddleboard and kayak access lead directly to the Gulf, with options for a beach volleyball or pickleball court. The grand master suite has an expansive Gulf-facing terrace, his-and-hers walk-in closets, and spa-inspired baths. Multiple terraces, an outdoor kitchen, a chef’s kitchen, and butler’s pantry add to the all-inclusive luxury lifestyle of this home. More than a residence, this estate is a legacy home—crafted for generations, with an indoor-outdoor footprint tailored for both grand entertaining and intimate coastal living. Private showings are available upon request.

Facts & Costs

Property type

Single Family Residence

Year built

2027

Lot size

0.86 acres

Garage

16 spaces

Half baths

1

Price per sq ft

$3,968

Days on market

267

Private pool

Yes

Waterfront

Yes

Community

Siesta Rev

Subdivision

SIESTA REV OF

County

Sarasota

New construction

Yes

Builder

Pham Development

Flood zone

AE

Monthly & yearly costs

Property taxes

$41,628 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Electric, Natural Gas

Cooling

Central Air

Flooring

Hardwood, Tile

Roof

Metal

Construction

Block, Concrete

Payment Estimate

$129,883 / month

Principal & interest

$126,414

Property taxes

$3,469

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Bar Fridge
• Built-In Oven
• Convection Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Exhaust Fan
• Gas Water Heater
• Kitchen Reverse Osmosis System
• Microwave
• Range
• Range Hood
• Refrigerator
• Tankless Water Heater
• Washer
• Wine Refrigerator
• Ceiling Fans(s)
• Elevator
• High Ceilings
• Primary Bedroom Main Floor
• Thermostat
• Walk-In Closet(s)
• Awning(s)
• Balcony
• Courtyard
• Garden
• Lighting
• Outdoor Grill
• Outdoor Kitchen
• Outdoor Shower
• Rain Gutters
• Sauna
• Shade Shutter(s)
• Sidewalk
• Sliding Doors
• Storage
• Heated
• In Ground
• Salt Water
• Tile
• Gulf/Ocean
• Gulf/Ocean to Bay