7538 WESTMORELAND DRIVE Sarasota, FL $ 1,700,000
7538 WESTMORELAND DRIVE
$ 1,700,000
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7538 WESTMORELAND DRIVE

Sarasota, FL, 34243
$ 1,700,000
Baths0.0

Monthly Estimate*

$ 10,467

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Studio

Lots and Land for sale in Sarasota, FL

for $1,700,000. The lot size is 0.55.

A rare opportunity to create a legacy property along the shores of Sarasota Bay. Set on over half an acre in the heart of historic Whitfield Estates, 7538 Westmoreland Drive offers one of the area’s most compelling waterfront redevelopment opportunities. Framed by breathtaking bay views and unforgettable sunsets, this expansive homesite is where vision, architecture, and lifestyle come together. Westmoreland Drive is widely regarded as one of Whitfield Estates most desirable waterfront streets, where classic Spanish-inspired residences and Old Florida charm are giving way to stunning custom-built bayfront estates. Surrounded by multi-million-dollar homes, this property presents the ideal canvas to design and build the luxury waterfront residence you’ve always imagined. The existing home is being sold for land value, allowing the next owner to unlock the full potential of this exceptional setting. With over half an acre of bayfront property, opportunities of this scale and location have become increasingly difficult to find. Perfectly positioned just minutes from IMG Academy, Sarasota-Bradenton International Airport, downtown Sarasota, world-renowned beaches, waterfront dining, and the vibrant cultural amenities that make Sarasota one of Florida’s most sought-after destinations. Whitfield Estates also offers a voluntary neighborhood association for only $40/year, providing culinary access to the Sara Bay Country Club. Whether you’re building your forever home, a family compound, or a signature waterfront estate, this is a chance to secure a premier piece of Sarasota Bay and bring your vision to life. Waterfront homesites of this caliber are few and far between. The next chapter begins here.

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Lots and Land Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,408

Style

Lot Size

0.55

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4696164

Features
General
Sewer Public Sewer
Utilities Public
Possession Close Of Escrow
Zoning RSF3/WR/
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Bay/Harbor Gulf/Ocean to Bay
County Manatee
Property Type Land
Subdivision Name WHITFIELD ESTATES UNIT 1
Status Active
Directions From Tamiami Trail (US-41) turn west onto Westmoreland Dr. House will be on west side dirt driveway.
City SARASOTA
MLS Area 34243 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 23766
Listing Terms Cash Conventional
Tax Annual Amount 3408.44
Additional Parcels Y/N false
Virtual Tour https://view.spiro.media/order/a665f0c9-776e-4d33-17ba-08dec22ee217 https://view.spiro.media/order/a665f0c9-776e-4d33-17ba-08dec22ee217
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Legal Description LOT 11 N1/2 OF LOTS 12 & 19 ALSO ALL LAND LYING BET WATERS OF SARASOTA BAY & LOT 11 & N1/2 OF LOT 12 BLK 11 INCL RIP RTS WHITFIELD ESTATES; SUBJ TO AIR SPACE EASEMT (1746/7438) PI#66858.0000/2
Water View Bay/Harbor - Full Gulf/Ocean - Partial
Water Access Type Bay/Harbor Gulf/Ocean to Bay
Water Access Y/N true
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
Water Source Private
Lot Size Area 23766
Lot Dimensions 96.8 x 245
Lot Size Acres 0.55
Road Surface Type Asphalt Paved
Waterfront Y/N true
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* Excluded Features
List By
Sarabay Real Estate Inc

Broker

Jessie@sarabay.com

Email

Affordability Calculator

$10,751
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,467
Monthly Property Taxes
$284
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/5/2026$1,700,000 Listed Price

Map


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7538 WESTMORELAND DRIVE, Sarasota, FL, 34243 is a Lots and Land for sale at $1,700,000 with a lot size of 0.55. 7538 WESTMORELAND DRIVE is a studio with 0.0 baths. The property's zip code is 34243 which is in Sarasota, FL