$2,000,000

7318 Westmoreland Drive

Sarasota, FL 34243

Listing updated: February 15, 2026 at 4:13 PM ET

Active

Beds

Baths

4,224

Sq Ft

0.8

Acres

1958

Built

◆Waterfront◆Water access◆Private pool◆Fireplace◆3-car garage◆$473/sqft

Single Family Residence

Property type

1958

Year built

34,761 sqft

Lot size

$473

Price / sq ft

$3/mo

HOA dues

Days on market

Garage spaces

Flood zone

About this home

WOW..the view! This exceptional waterfront property is offered for only the second time since 1958. Ideally positioned directly on Sarasota Bay, it features sweeping bay views. Experience the magical sunsets, then the twinkling lights of Longboat Key at night. Nature lovers can enjoy the variety of birds, manatees, and frolicking dolphins. Each day is a new show of natural beauty, and the sunsets never get old. The estate-sized 0.80-acre lot offers approximately 103 feet of direct bay frontage, providing an extraordinary setting for a custom coastal retreat, and a coveted Sarasota address within Manatee County. The existing home sustained hurricane damage, presenting a rare opportunity for a new owner to reimagine or rebuild and create their dream waterfront estate. Located on boating water with access to the Intracoastal Waterway and the Gulf of Mexico, this property is perfectly suited for boating and fishing enthusiasts. An expansive raised edge pool with paver deck, fenced yard, private well irrigation and propane gas add practical value to this unique offering. The Whitfield Estates community has a rich history and is an eclectic mix of homes from 1920’s Mediterranean architecture to modern designs. Voluntary neighborhood association membership is just $30 annually and includes access to nearby Sara Bay Country Club for culinary membership. Centrally located just minutes from downtown Sarasota’s cultural attractions, dining, shopping, IMG Academy, renowned Gulf beaches, and SRQ International Airport—only five minutes away. Waterfront opportunities of this caliber are increasingly rare. Embrace the potential, the location, and the timeless appeal of Sarasota Bay living, and make this extraordinary property your own.

Estimated monthly payment

Principal & interest$10,113

Property taxes$490

Home insurance (est.)$917

HOA dues$3

Down payment

20%

$400,000 downRate

6.5%

Term

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 history16 days on market

Status: Active
Jan 30, 2026
Listed$2,000,000
Jan 30, 2026
Price increased$2,000,000

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Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 16
Subdivision: North Isles
County: Manatee
Year built: 1958
Living area: 4,224 sq ft
Price/sq ft: $473
Building area: 5,822 sq ft (Public Records)
Lot size: 34,761 sq ft
Lot category: 1/2 to less than 1
Flood zone: AE (12081C0312F)
Garage: 3 spaces
Pool: Private pool
Annual taxes: $5,885 (2025)
Parcel #: 6701200005
Zoning: RSF3/WR/
MLS #: A4680287

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Interior Details

Bedrooms: 4
Full bathrooms: 4
Half bathrooms: 1
Flooring: Concrete
Appliances: Tankless Water Heater
Interior features: Ceiling Fans(s), Tray Ceiling(s)
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Stories / Levels: One
Direction faces: Northeast
Fireplace: Yes

Heating & Cooling

Heating: Central, Electric, Heat Pump, Propane, Zoned
Cooling: Central Air, Zoned

Parking

Garage spaces: 3
Attached garage: Yes
Parking features: Circular Driveway, Garage Door Opener, Oversized

HOA & Financial

HOA fee: $40 / Annually
Monthly HOA: $3/mo
Total monthly fees: $3/mo
Total annual fees: $40
HOA name: Whitfield-Ballentine Association (voluntary)
CDD: No
Homestead exemption: Yes
Min lease term: No Minimum
Listing terms: Cash
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No
Additional lease restrictions: City/county lease restrictions apply.

Exterior & Construction

Exterior features: Hurricane Shutters, Lighting, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
Construction materials: Block, Brick, HardiPlank Type, Stucco
Roof: Shingle
Foundation: Slab
Pool: Private pool
Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well, Water Connected

Community

Pets allowed: Yes

Schools

ElementaryFlorine J. Abel ElementaryGreatSchools ↗

MiddleElecta Arcotte Lee MagnetGreatSchools ↗

High SchoolBayshore HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

Room	Level	Dimensions
Kitchen	First	20x17
Primary Bedroom	First	23x29
Living Room	First	23x35

Listing Details

Listing date: 2026-01-28
On market date: 2026-01-30
Original list price: $2,000,000
Occupant type: Vacant
MLS area: 34243 - Sarasota
Listing AOR: Sarasota - Manatee
Status changed: 2026-01-30
Tax legal description: LOT 40 NORTH ISLES PI#67012.0000/5

Flood risk

High riskFEMA Zone AEPanel 12081C0312F

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

From Sarasota, US 41/N Tamiami Tr, turn west on Westmoreland Dr, continue approx .9 miles to 7318 on the left. From Bradenton, south on US 41/N Tamiami Tr, turn west on Pearl Ave & turn right on Westmoreland Dr

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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 February 15, 2026 at 4:13 PM 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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