1199 WESTWAY DRIVE Sarasota, FL $ 7,999,000
1199 WESTWAY DRIVE
$ 7,999,000
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1199 WESTWAY DRIVE

Sarasota, FL, 34236
$ 7,999,000
Baths0.0

Monthly Estimate*

$ 49,903

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Studio

Lots and Land for sale in Sarasota, FL

for $7,999,000. The lot size is 0.41.

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.

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Lots and Land Active

Price

$ 7,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 59,183

Style

Lot Size

0.41

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4673170

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Phone Available Public Sewer Connected Water Available
Zoning RSF2
HOA Fee 300
Pets Allowed Yes
View Water
Tax Year 2024
Current Use Residential
Ownership Fee Simple
Waterfront Features Waterfront Gulf/Ocean
Community Features Water Access Waterfront
Assoc Fee Paid Per Annually
County Sarasota
Property Type Land
Subdivision Name LIDO SHORES
Facing Direction East
Status Active
Directions John Ringling Pkwy north; left onto Madison Dr; left onto Westway Dr; property is on the right
City SARASOTA
Association Name CS Voigts
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 17743
Tax Annual Amount 59183
Additional Parcels Y/N false
Virtual Tour https://pix360.com/video/41108/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
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
Water View Bay/Harbor - Full Gulf/Ocean - Full Intracoastal Waterway
Water Access Type Bay/Harbor Gulf/Ocean Gulf/Ocean to Bay Intracoastal Waterway
Water Access Y/N true
Monthly HOA Amount 25
Water View Y/N true
Flood Zone Code AE
DockY/N false
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Interior
Total Baths 0
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Exterior
Lot Features Buildable Cleared Flood Plain City Lot Level Near Golf Course Near Marina Oversized Lot
Water Source Public
Lot Size Area 17743
Lot Dimensions 97 x 195 x 127 x 149
Lot Size Acres 0.41
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type Street Paved City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Professionals@Pettingell.com

Email

Affordability Calculator

$54,835
Per Month
91%
9%
0%
Monthly Principal & Interest
$49,903
Monthly Property Taxes
$4,932
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$7,999,000 Listed Price

Map


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1199 WESTWAY DRIVE, Sarasota, FL, 34236 is a Lots and Land for sale at $7,999,000 with a lot size of 0.41. 1199 WESTWAY DRIVE is a studio with 0.0 baths. The property's zip code is 34236 which is in Sarasota, FL