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QLD › Broadbeach Waters › Sarasota Key

1 Sarasota Key, Broadbeach Waters QLD 4218

House

$2,150,000

Last sold

25 Mar 2026

4

Bedrooms

3

Bathrooms

2

Car spaces

584 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,150,000 (25 Mar 2026).(Recorded sale)
  • FactLand 584 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Broadbeach Waters (last 5 years) with land size: median $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low density residential (Low density residential) under the City Plan.(City of Gold Coast · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$2,150,000

25 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Broadbeach Waters (last 5 years) with land size have a median of $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Vs Broadbeach Waters

-15.7%

Median sale

Suburb $2,550,000

+0.47 pp

Gross yield

Suburb 2.57%

Suburb median $2,550,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

City Plan

Zone

Low density residential

Low density residential

Jurisdiction

City of Gold Coast

Gold Coast, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: City of Gold Coast
  • Dataset: City Plan V13 Zone
  • Retrieved: 31 Aug 2026
  • Version: 13
  • Parcel: 50RP89454

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$2,150,00025 Mar 2026
  2. Listedprice unknowncompleted19 Mar 2026
  3. Listedprice unknowncompleted19 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low density residential (City Plan). Official parcel area about 587 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,258/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low density residential (City Plan). Official parcel area about 587 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Broadbeach Waters in one glance

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Keep researching

  • Why Broadbeach Waters? Read the area thesis →
  • What else is on the market in Broadbeach Waters →
  • Other records on Sarasota Key →

Listing material

Listed by Altora Global

KNOCK DOWN, REBUILD OR INVEST – PRIME CANAL POSITION

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.

Read the full description

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.

Listing description written by Thomas Dennis, Altora Global — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking

Also look at

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  • 6 Grant Pl, Broadbeach Waters QLD 4218

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  • 7 Park Ave, Broadbeach Waters QLD 4218

    0-bed land for sale. Currently listed.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.