1 Sarasota Key

Sergio Yanez is proud to present to you this rare opportunity positioned in one of Broadbeach Waters' most tightly held canal-front pockets. Set on a 584m² east-facing block, this property is ideal for those looking to knock down and rebuild, investors or for families looking to undertake renovations in a blue-chip coastal enclave. The existing dwelling is an original home of approximately 70 years and is best suited to buyers seeking future redevelopment, or a full transformation (STCA). The true value lies in the location, orientation, and rare canal frontage, surrounded by multi-million-dollar homes and modern luxury residences. With a combined rental return of potentially $1,800 per week across the main residence and two granny flats, the site offers valuable holding income, enabling families, developers and investors to offset costs while finalising future redevelopment plans. This is a rare chance to design, build or renovate a statement waterfront home that maximises the east-facing aspect, water views, and direct canal access perfect for boating, entertaining, and embracing the Broadbeach Waters lifestyle. Property highlights: Prime canal-front block in Broadbeach Waters 584m² east-facing allotment Families looking to renovate Perfect for older kids who want their own space and live on the same block Knock-down rebuild opportunity Potential for a luxury single residence or alternative configurations (STCA) Surrounded by prestigious waterfront homes Direct canal access for boating and water activities Unbeatable lifestyle location: Walk to Pacific Fair Shopping Centre, Broadbeach beaches, cafés, restaurants, and entertainment precincts including The Star Casino. Enjoy the best of coastal living with everything at your doorstep while still tucked away in a quiet, exclusive waterfront setting. With canal-front land becoming increasingly scarce and Broadbeach Waters remaining one of the Gold Coast's most desirable addresses, opportunities of this calibre are rarely available. Contact Sergio Yanez on 0435 676 395 to secure the location. Create the vision. Build the lifestyle.