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$3,600,000

1051 Westway Drive

Sarasota, FL 34236

Listing updated: February 18, 2026 at 6:02 PM ET

Active

Listing courtesy of Coldwell Banker Realty · Monica Verinder · MLS #A4680833 · Active · 941-383-6411

Baths

0.87

Acres

◆Waterfront◆Water access◆$95/sqft

Land

Property type

37,750 sqft

Lot size

$95

Price / sq ft

$42/mo

HOA dues

Days on market

Flood zone

About this home

A rare and remarkable opportunity within the exclusive Lido Shores neighborhood — this exceptional .87-acre parcel at 1051 Westway Drive offers the ideal canvas to create a custom coastal estate in one of Sarasota’s most coveted locations. Perfectly positioned at the end of a quiet street and bordered by a nature preserve on one side, the setting delivers an unrivled sense of privacy while offering access to Pansy Bayou. You'll enjoy the potential for Gulf of Mexico, Sarasota Bay, and downtown skyline views from a thoughtfully designed residence. Imagine evenings defined by spectacular sunsets and a lifestyle centered around water, nature and refined coastal living. Residents of Lido Shores enjoy private beach access, placing the Gulf’s renowned shoreline just moments away. From this location, a short stroll leads to the vibrant shopping, dining, and cultural experiences of St. Armands Circle — blending exclusivity with convenience in a way few addresses can match. For those seeking an even grander vision, the adjacent parcel presents the opportunity to assemble a truly sublime estate - or even a guest house or sport pavillion - just steps from the Gulf. Craft your upscale Florida lifestyle from the ground up in a setting defined by beauty, rarity, and possibility.

Estimated monthly payment

Principal & interest$18,204

Property taxes$3,222

Home insurance (est.)$1,650

HOA dues$42

Down payment

20%

$720,000 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 history5 days on market

Status: Active
Feb 13, 2026
Listed$3,600,000
Feb 13, 2026
Price increased$3,600,000

Facts & features

Property type: Land
Status: Active
Days on market: 5
Subdivision: Lido C/ Lido Shores
County: Sarasota
Price/sq ft: $95
Lot size: 37,750 sq ft
Lot category: 1/2 to less than 1
Flood zone: AE (12115C0129G)
Annual taxes: $38,666 (2025)
Parcel #: 0013150007
Zoning: RSFE
MLS #: A4680833

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HOA & Financial

HOA fee: $500 / Annually
Monthly HOA: $42/mo
Total monthly fees: $42/mo
Total annual fees: $500
Ownership: Fee Simple

Exterior & Construction

Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Community

Pets allowed: Yes

Listing Details

Listing date: 2026-02-13
On market date: 2026-02-13
Original list price: $3,600,000
MLS area: 34236 - Sarasota
Listing AOR: Sarasota - Manatee
Status changed: 2026-02-13
Tax legal description: BEG SE COR OF LOT 25, BLK A, LIDO C, TH S 10-55 E 150 FT TH S 79-05 W 200 FT TH N 10-55 W 150 TH N 79-05 E 200 FT TO POB, TOGETHER WITH COM AT SE COR OF LOT 25, BLK A, LIDO C, TH S 10-55 E 45.3 FT FOR

Flood risk

High riskFEMA Zone AEPanel 12115C0129G

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: Head west on John Ringling Blvd. Go over the John Ringling Bridge toward St. Armand's Circle. At the round about, take the first exit onto N. Boulevard of the Presidents. Turn left onto Morningside Drive, take a left onto Westway. Land 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 February 18, 2026 at 6:02 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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