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539 Avenida Del Norte, Sarasota, FL, 34242

5beds
5baths
4,195sqft
$5,690,000
$1,356price/sqft
$40,484/moest. monthly cost
$1,619,360/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Pre-Construction. To be built. EXQUISITE NEW CONSTRUCTION ON SIESTA KEY: ISLAND LUXURY REDEFINED | Estimated to be substantially completed by 4/30/2026 | A rare opportunity to own a meticulously designed custom residence on a prime corner parcel of approximately one-quarter acre, just blocks from world-renowned Siesta Key Beach. Easily accessible from both the north and south bridges, this exceptional new build delivers the ultimate coastal lifestyle where refined interiors meet effortless outdoor living. | SIESTA Key Beach is frequently recognized as one of the best beaches in the U.S. and worldwide, celebrated for its powder quartz sand and crystal-clear waters. Its global reputation has been affirmed by TripAdvisor’s Travelers’ Choice Best of the Best Beaches and Dr. Beach’s annual rankings, making this location as iconic as it is desirable. | MOMENTS from Siesta Key Village, enjoy efficient access to boutique shopping, coffee shops, and acclaimed dining while still benefiting from an extraordinary amenity, your own private boat dock access on the canal just across the street. Spend the day boating and return home with ease, parking your vessel at your own dock, a true island luxury. | THIS thoughtfully curated residence reflects the vision of a hands-on developer deeply involved in every aspect of design, from interior finish selections to landscaping and amenities. Created for buyers who appreciate craftsmanship and fine detail, the home offers 4,195 sq ft of interior living space and an additional 3,756 sq ft of outdoor living, seamlessly blending indoor and outdoor environments. | THE chef’s kitchen is designed for both entertaining and everyday ease, complete with a “dirty kitchen” for behind-the-scenes preparation. The light-filled great room opens to a nearly 50-foot wraparound terrace, creating a spectacular setting for hosting family and friends. | TWO bedrooms are located on the main living level, ideal for guest suites or a secondary primary. Take the stairs or elevator one level up to access the private primary suite featuring a truly custom bath with bespoke tile, finishes, soaking tub and spacious shower that creates a spa-like retreat. Two additional bedrooms with a shared bath complete the upper-level.| FLEXIBLE, elegant, and intelligently executed, the suite of spaces within this home allows effortless tailoring to any family’s lifestyle from multi-generational living to a dynamic entertainer’s paradise. | IMAGINE a home where the luxuries of island beach life blend with a private, resort-style retreat: *Inground pool & spa for cooling off or casual lounging*Rooftop deck for sunset cocktails and starlit conversation*Private boating access just steps from your front door. | AND, when you’re ready for a taste of city life, Downtown Sarasota’s rich cultural tapestry with its farmers markets, arts, galleries, festivals, waterfront parks, and world-class dining is only a short drive away. |THIS is more than a home, it’s an invitation to own your piece of the new Siesta Key lifestyle: elevated, effortless, and extraordinary.

Getting Around

55
WalkingSomewhat Walkable
0
TransitNo Nearby Transit
67
BikeBikeable

Schools

6/10
Brookside Middle SchoolGrades 6-82.8 mi
5/10
Sarasota High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: Pre-Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Tile
  • Construction materials: Block,Other,Stucco

Other

  • Builder model: Custom
  • Builder name: Gusti Bulidings LLC

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Oven,Cooktop,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside

Balcony Porch Lanai

  • Level: Second

Balcony Porch Lanai

  • Level: Third
  • Area: 196
  • Dimensions: 14x14

Bedroom3

  • Features: Built-in Closet
  • Level: Third
  • Area: 168
  • Dimensions: 12x14

Bedroom4

  • Features: Built-in Closet
  • Level: Third
  • Area: 195
  • Dimensions: 13x15

Bedroom5

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 196
  • Dimensions: 14x14

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Bonus Room

  • Features: No Closet
  • Level: First

Dining Room

  • Level: Second

Features

  • Elevator,High Ceilings,Open Floorplan,Solid Wood Cabinets,Stone Counters,Tray Ceiling(s),Walk-In Closet(s)
  • Door features: French Doors,Sliding Doors
  • Flooring: Other,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Great Room

  • Level: Second
  • Area: 570
  • Dimensions: 30x19

Gym

  • Level: First

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,991
  • Total interior livable area: 4,195 sqft

Kitchen

  • Level: Second
  • Area: 230
  • Dimensions: 23x10

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 264
  • Dimensions: 22x12

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Third
  • Area: 270
  • Dimensions: 15x18

Property

Details

  • Parcel number: 0082040001
  • Zoning: RSF3
  • Special condition: None

Features

  • Levels: Three Or More
  • Stories: 3
  • Private pool: Yes
  • Pool features: Gunite,Heated,In Ground,Outside Bath Access
  • Exterior features: Balcony,Lighting,Rain Gutters,Sidewalk
  • Has spa: Yes
  • Spa features: Heated,In Ground
  • Has view: Yes
  • View description: Gulf/Ocean - Partial
  • Has water view: Yes
  • Water view: Gulf/Ocean - Partial
  • On waterfront: Yes
  • Waterfront features: Canal - Saltwater,Saltwater Canal Access
  • Waterbody name: GRAND CANAL

Lot

  • Lot size: 0.26 Acres
  • Features: Corner Lot,Sidewalk

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $28,771$345,252
Home Insurance *$5,882$70,584
Property Taxes $5,409$64,908
Electricity $422$5,066
Total$40,484$485,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,388,022/yr
40% on housing$1,214,520/yr
45% on housing$1,079,573/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,356This listing

vs Other Active Listings

Avg $/sqft

ZIP 34242$1,106
Sarasota County$345

vs Homes Sold Last Month

Median $/sqft

ZIP 34242$616
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-18Price change$5,499,000
2026-02-02Listed for sale$5,899,000
2025-08-06Sold$2,100,000
2024-05-22Listing removed$5,500,000
2024-05-21Listed for sale$5,500,000
2020-08-18Sold$540,000
2020-07-07Pending sale$560,000
2020-06-27Price change$560,000
2020-06-15Price change$575,000
2020-06-09Listed for sale$599,000
2020-01-14Sold$470,000
2019-12-27Pending sale$499,000
2019-12-17Listed for sale$499,000
2019-12-05Pending sale$499,000
2019-11-25Price change$499,000
2019-11-01Price change$529,000
2019-09-11Price change$534,000
2019-08-24Price change$544,000
2019-08-05Price change$549,000
2019-07-25Price change$1,549,000
2019-03-28Price change$1,559,000
2019-03-12Price change$1,569,000
2019-02-26Price change$1,579,000
2019-02-10Price change$1,585,000
2019-01-09Price change$1,595,000
2018-11-02Listed for sale$595,000

New Construction

AgentLisa Otte
BrokerageDOUGLAS ELLIMAN

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