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$1,750,000
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Property Description
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.
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: 6/3/2026
- Added to Site: 101 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
$14,263
-20%
$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.

