1 Sarasota Key, Broadbeach Waters is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 584m2.This Property is currently listed for sale with Ray White TMG
RARE EAST-FACING WATERFRONT – BLUE CHIP BROADBEACH WATERS
KNOCK DOWN, REBUILD OR INVEST – PRIME CANAL POSITION
Waterfront opportunities like this are becoming almost impossible to secure in Broadbeach Waters.
Positioned in a quiet cul-de-sac within one of the suburb’s most tightly held canal pockets, 1 Sarasota Key presents a rare 584m² east-facing waterfront block with approximately 20.2 metres of canal frontage — surrounded by luxury homes and multi-million-dollar rebuilds.
This is the type of property buyers wait years for.
Whether you are planning to build a luxury waterfront masterpiece, renovate, or secure a premium landholding, the value here is undeniable — location, orientation, frontage, and lifestyle.
With neighbouring properties commanding multi-million-dollar prices, the opportunity to secure a waterfront site in this position is becoming increasingly rare.
BUILD YOUR DREAM WATERFRONT HOME
The existing home is approximately 70 years old and offers the flexibility to either renovate or remove and build a modern canal-front residence designed to maximise the east-facing aspect, water views and boating lifestyle.
Opportunities like this are exactly what builders, developers, and lifestyle buyers compete for — a blank canvas in a blue-chip waterfront location.
HOLDING INCOME WHILE YOU PLAN
Currently configured into three self-contained living areas, the property offers potential rental income of approximately $1,800 per week, allowing investors or developers to generate income while planning future improvements or redevelopment.
This makes it a rare waterfront site that can pay its way while you design your dream home.
PROPERTY HIGHLIGHTS
• 584m² east-facing waterfront block
• Approx. 20.2m canal frontage
• Quiet cul-de-sac location
• Direct boating access to the Gold Coast waterways
• Existing home with three self-contained living spaces
• Potential rental return approx. $1,800 per week
• Ideal knock-down rebuild opportunity
• Surrounded by luxury waterfront homes
WALK TO EVERYTHING BROADBEACH OFFERS
Few waterfront homes offer this level of convenience.
From Sarasota Key you are just minutes from the best of the Gold Coast lifestyle:
• Pacific Fair Shopping Centre
• Broadbeach beaches
• The Star Casino
• Restaurants, cafés and nightlife
• Light rail and transport links
Enjoy the privacy of a waterfront cul-de-sac while still being walking distance to everything.
WATERFRONT LAND IS DISAPPEARING
Across Broadbeach Waters, older homes are rapidly being replaced by architecturally designed luxury residences, pushing land values higher every year.
Properties with east-facing canal frontage, strong water width, and a quiet street position are some of the most sought-after blocks on the Gold Coast.
Once these sites are gone, they are rarely seen again.
OWNERS INSTRUCTIONS ARE CLEAR – MUST BE SOLD
Serious buyers are encouraged to act immediately.
Opportunities like this generate strong competition, particularly from buyers looking to secure prime waterfront land in Broadbeach Waters.
INSPECTIONS
Private inspections available.
Contact Altora Global today to secure your opportunity before another buyer does.
The size of Broadbeach Waters is approximately 5.3 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Broadbeach Waters in 2016 was 7779 people. By 2021 the population was 8164 showing a population growth of 5.0% in the area during that time. The predominant age group in Broadbeach Waters is 50-59 years. Households in Broadbeach Waters are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Broadbeach Waters work in a professional occupation.In 2021, 74.80% of the homes in Broadbeach Waters were owner-occupied compared with 72.30% in 2016.
Broadbeach Waters has 4,051 properties. Over the last 5 years, Houses in Broadbeach Waters have seen a 94.74% increase in median value, while Units have seen a 97.67% increase. As at 31 March 2026:
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