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$1,750,000 Just Listed
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Property Description
Discover an exceptional waterfront homesite in the heart of Siesta Key, one of Florida's sought-after coastal destinations. On a quiet, no-through-traffic cul-de-sac in the exclusive Siesta Isles enclave, this cleared lot offers a rare island-within-an-island setting just a five-minute distance to world-famous Siesta Key Beach. Enjoy direct boating access with a private dock and 10,000-pound boat lift (updated in 2022), providing easy access to the Intracoastal and Gulf of Mexico with only one bridge at Midnight Pass. The property features a raised seawall (approximately 5-foot elevation), concrete steps, deck and water access ladder, offering functionality and peace of mind. Additional highlights include a capped freshwater irrigation well, newly improved seawall and submitted architectural plans, making this lot build ready. With approximately 15,024 square feet (per architectural calculations), this is a rare opportunity to design and build your custom coastal retreat in a serene, prestigious setting. Conveniently near shopping, dining and cultural attractions in Sarasota, and represented by Premier Sotheby's International Realty, this property offers a blend of luxury, lifestyle, and long-term value. Build your dream home where beach, boating and privacy meet.
Full Property Details
Full Property Details for 5448 Azure Way
General
- Price: $1,750,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $14,262 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4688348
- Updated: 4/1/2026
- Added to Site: 5 day(s) ago
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTA ISLES
- Driving Directions: From Beach Road go north on Beach Way Dr., left on Cape Leyte Drive and then an immediate right on Azure Way. Follow Azure Way to the first left turn in to the cul-de-sac. 5448 Azure Way is on the right.
- Direction Faces: South
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Community Features: Deed Restrictions
- Association: Yes
- Assoc. Name: Siesta Isles Association
- Pet Restrictions: See Sarasota County pet restrictions.
Utilities
- Sewer: Public Sewer
- Water District: SIESTA GRAND CANAL
- Water: Public, Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Public, Sewer Available, Sprinkler Well, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,400
- Lot Size: 14400
- Lot Dimensions: 84 x 116 x 67 x 189
- Frontage: Street Dead-End, Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: SIESTA GRAND CANAL
- Water Front Desc.: Saltwater Canal
Financial Considerations
- Price Per Acre: $5,303,030
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $14,262.57
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 226 SIESTA ISLES UNIT 6
- Flood Zone Info: AE
- APN: 82150023
- Property ID: 82150023
Listed by Premier Sotheby's International Realty
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Schools
Schools serving 5448 Azure Way
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.8 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.7 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5448 Azure Way
Date
Details
Price
Change
Source
3/31/2026
Listed
$1,750,000
-7.65%
MLS
9/15/2022
Sold
$1,895,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5448 Azure Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,524
-24%
$1,175,200
-21%
2024
$17,794
-1%
$1,485,100
-1%
2023
$18,052
242%
$1,502,900
251%
2021
$5,282
-1%
$428,538
-3%
2022
$5,336
1%
$441,394
4%
2021
$5,282
3%
$422,621
2%
2019
$5,137
6%
$413,119
5%
2018
$4,855
2%
$391,728
3%
2017
$4,782
—
$379,622
2%
2016
$4,776
-2%
$371,814
1%
2015
$4,863
—
$369,229
1%
2014
$4,845
—
$366,299
1%
2013
$4,843
—
$360,886
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5448 Azure Way
5448 Azure Way, Sarasota, FL 34242 (MLS# A4688348) is a Lots/Land property with a lot size of 0.33 acres. 5448 Azure Way is currently listed for $1,750,000 and was received on March 31, 2026. Want to learn more about 5448 Azure Way? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

