$6,999,000
1199 Westway Drive
Sarasota, FL 34236
Listing updated: May 28, 2026 at 9:47 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Gulf-Front Opportunity in Lido Shores — 127 Feet on the Open Water! A rare offering in Sarasota’s coveted Lido Shores, this Gulf-front property presents an exceptional opportunity to build a signature coastal estate on one of the region’s most desirable stretches of shoreline. Positioned on nearly half an acre (0.41 acres) with 127 feet of direct frontage on the Gulf of Mexico, this homesite is perfectly placed at the dynamic junction of New Pass, where turquoise waters meet the open Gulf—an unmatched setting for boating enthusiasts, beach lovers, and architectural visionaries. With sweeping full Gulf-to-bay views, the property’s orientation captures dramatic sunsets and ever-changing waterfront scenery. Deep-water access and immediate proximity to the channel create effortless passage for boating, sailing, kayaking, or fishing. A concrete seawall is already in place, providing a strong foundation for future waterfront design and dock possibilities. Set among some of Sarasota’s most notable modern and luxury residences, this lot sits within the prestigious Lido Shores—an enclave known for its privacy, walkability, and architectural pedigree. Owners have the option to join the Lido Shores Association, which offers access to a private, gated beach park just moments from the property, complete with Gulf access, picnic zones, and a secluded stretch of sand exclusive to community members. With 97 feet of frontage on Westway Drive, a generous building envelope, and its privileged water position, the site allows for a substantial custom residence, pool, outdoor living areas, and multi-car garage. Whether envisioned as a modernist showpiece or timeless coastal retreat, the location elevates every possibility. Lido Shores offers the ideal blend of tranquility and access. A short stroll brings you to North Lido Beach—one of Sarasota’s most natural and peaceful shorelines. Just over the bridge is St. Armands Circle, home to luxury boutiques, fine dining, and year-round entertainment. Nearby New Pass Grill & Bait Shop, Mote Marine Laboratory & Aquarium, Sarasota Sailing Squadron, and Ken Thompson Park highlight the area’s coastal charm and outdoor experiences. A quick drive connects you to the cultural heartbeat of downtown Sarasota, including the Van Wezel Performing Arts Hall, Marie Selby Botanical Gardens, the Ringling Museum, theaters, galleries, and the city’s bayfront promenade. Marinas, world-class golf and tennis clubs, and resort amenities further enhance the unparalleled lifestyle available at this address. With its magnitude, water frontage, and premier location, 1199 Westway Drive stands as one of the most compelling Gulf-front building opportunities in Southwest Florida—a place where your future dream home can rise above the waves and capture Sarasota’s most extraordinary vistas.
Local Insight
At $7M for a vacant 0.41-acre waterfront lot in Lido Shores, you're paying premium Gulf-adjacent pricing with significant flood risk—this AE zone designation means mandatory flood insurance and potential elevation requirements that could substantially impact construction costs and feasibility. The real value here hinges entirely on your architect's assessment of buildable square footage after accounting for setbacks and flood mitigation, since you're essentially buying raw land in one of Sarasota's most expensive micro-markets with the burden of figuring out what actually fits on it.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history184 days on market
- Status: ActiveNov 25, 2025
- Listed$7,999,000Nov 25, 2025
- Price reduced$6,999,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 184
- Subdivision
- Lido Shores
- County
- Sarasota
- Price/sq ft
- $394
- Lot size
- 17,743 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0129G)
- Annual taxes
- $59,183 (2024)
- Parcel #
- 0013070001
- Zoning
- RSF2
- MLS #
- A4673170
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Interior Details
- Direction faces
- East
HOA & Financial
- HOA fee
- $300 / Annually
- Monthly HOA
- $25/mo
- Total monthly fees
- $25/mo
- Total annual fees
- $300
- HOA name
- CS Voigts
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Available
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2025-11-18
- On market date
- 2025-11-25
- Original list price
- $7,999,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-11-25
- Tax legal description
- LOT 12, LESS BEG NE COR OF LOT 12 TH SWLY ALG R/W OF WEST WAY DR 20 FT TH N 74-54-06 W 151 FT TO NEW PASS TH NELY TO NLY LINE OF LOT 12 TH S 69-40 E 138 FT ALG N LINE OF LOT 12 TO POB, TOGETHER WITH
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
John Ringling Pkwy north; left onto Madison Dr; left onto Westway Dr; property is on the right
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 28, 2026 at 9:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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