7318 WESTMORELAND DRIVE Sarasota, FL $ 2,000,000
7318 WESTMORELAND DRIVE
$ 2,000,000
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7318 WESTMORELAND DRIVE

Sarasota, FL, 34243
$ 2,000,000
Bedrooms4 Baths4.1 Sq 4,224

Monthly Estimate*

$ 12,314

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Single Family Home for sale in Sarasota, FL

for $2,000,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,224 square foot home was built in 1958 on a lot size of 0.8.

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.

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Single Family Active

Price

$ 2,000,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 5,885

Style

Single Family Residence

Lot Size

0.8

Year Built

1958

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4680287

Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump Propane Zoned
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Connected Electricity Connected Propane Public Sewer Connected Sprinkler Well Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Tankless Water Heater
Zoning RSF3/WR/
HOA Fee 40
Garage Spaces 3
Patio/Porch Features Covered Rear Porch
Pool Features Diving Board Gunite In Ground
Security Features Security System Owned
Construction Materials Block Brick HardiPlank Type Stucco
Pets Allowed Yes
Year Built 1958
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
Community Features Sidewalks Special Community Restrictions
Assoc Fee Paid Per Annually
County Manatee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name NORTH ISLES
Facing Direction Northeast
Garage Y/N true
Total Rooms 3
Full Baths 4
Status Active
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
High School Bayshore High
City SARASOTA
Body of Water SARASOTA BAY
Association Name Whitfield-Ballentine Association (voluntary)
Senior Community Y/N false
MLS Area 34243 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 34761
Carport Y/N false
Listing Terms Cash
Elementary School Florine J. Abel Elementary
Land Lease Y/N false
Tax Annual Amount 5885
Home Warranty Y/N false
Middle/Junior High School Electa Arcotte Lee Magnet
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/cc319253-907f-496f-8b96-61594ce45e69?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 40
Legal Description LOT 40 NORTH ISLES PI#67012.0000/5
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease No Minimum
Water Access Y/N true
Monthly HOA Amount 3.33
Additional Rooms Attic Bonus Room Formal Dining Room Separate Inside Utility
Water View Y/N true
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Tray Ceiling(s)
Flooring Concrete
Furnished Y/N Unfurnished
Fireplace Features Gas Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Storm Window(s)
Fireplace Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup Inside Laundry Room Washer Hookup
Total Bedrooms 4
Total Baths 5
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Exterior
Exterior Amenities Hurricane Shutters Irrigation System Lighting Outdoor Kitchen Private Mailbox Rain Gutters Sliding Doors
Vegetation Trees/Landscaped
Fencing Chain Link Wood
Parking Features Circular Driveway Garage Door Opener Oversized
Lot Features Flood Insurance Required FloodZone In County
Water Source Public
Lot Size Area 34761
Foundation Details Slab
Spa false
Building Area Total 5822
Lot Dimensions 102 x 350
Lot Size Acres 0.8
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Michael Saunders & Company

Broker

CherylRoberts@michaelsaunders.com

Email

Affordability Calculator

$12,805
Per Month
96%
4%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$490
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
0 Elementary School
0 Middle School
Bayshore High High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$2,000,000 Listed Price

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7318 WESTMORELAND DRIVE, Sarasota, FL, 34243 is a Single Family Home for sale at $2,000,000 with 4,224 sqft and a lot size of 0.8. 7318 WESTMORELAND DRIVE has 4 bedrooms, 4.1 baths, and was built in 1958. The property's zip code is 34243 which is in Sarasota, FL