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Presented by![]() Hailey Kendall |
Pre-Construction. To be built. Presenting an unparalleled opportunity to bring a world-class waterfront estate to life. 4214 Higel Avenue is one of only 7 estates on this ultra-exclusive stretch of Siesta Key boasting a private beach. Designed by Stofft-Cooney Architects and to be built by Perrone Construction, this visionary concept offers the foundation for an extraordinary coastal retreat—where timeless architecture meets modern indoor-outdoor living. Spanning 7, 000 square feet, this 5-bedroom, 6-bathroom residence is designed for seamless Gulf-front living. The open, expansive floor plan maximizes unobstructed views of the Gulf of Mexico, while floor-to-ceiling glass doors invite the ocean breeze into every space. Thoughtfully crafted for both relaxation and entertaining, the design includes a resort-style infinity-edge pool, an expansive outdoor living and dining area, and a fully equipped summer kitchen—all overlooking your private 150 feet of beachfront. A gated entrance ensures privacy as you arrive home, where a 5-car garage provides ample space for your collection. The finest materials and craftsmanship are expected with Perrone Construction at the helm, yet this home remains a blank canvas for customization, allowing you to tailor every detail to your vision. This is more than a home—it’s the chance to create a legacy property in one of Sarasota’s most desirable locations.
Please note: This listing is for visionary purposes only. The provided renderings represent a concept and is expected to be modified to suit the buyer’s preferences. For those seeking to acquire only the land, please refer to MLS# A4646482.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$18,905,000
Sales Associate
William Raveis Real Estate
Phone: 727.902.6595
Hailey.Kendall@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $15,124,000 | $15,124,000 | $15,124,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.235% | 6.058% |
Monthly Tax Payment | $6,575 | $6,575 | $6,575 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $88,260 | $91,895 | $126,606 |
Total Monthly Payment | $94,960 | $98,595 | $133,306 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.