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$6,999,000

1199 WESTWAY DRIVE, SARASOTA, FL 34236

3D Tour
Active315 days on market

Beds

—

Baths

0

Sq Ft

—

Year Built

—

Lot Size

0.41 acres

Garage

—

About This Property

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.

Property Overview

Property TypeLand
MLS #A4673170
StatusActive
FacesEast
SubdivisionLIDO SHORES
CountySarasota
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size0.41 acres (17,743 sq ft)
Lot Dimensions97 x 195 x 127 x 149
Lot FeaturesBuildable, Cleared, Flood Plain, City Lot, Level, Near Golf Course, Near Marina, Oversized Lot
Road SurfacePaved
ViewWater
0

Waterfront

WaterfrontYes
FeaturesWaterfront, Gulf/Ocean

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Available

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$300 / Annually
Senior CommunityNo

Financial Details

List Price$6,999,000
Original Price$7,999,000
Annual Taxes$59,183 (2024)
ZoningRSF2
Parcel #0013070001

Directions

John Ringling Pkwy north; left onto Madison Dr; left onto Westway Dr; property is on the right

Location

1199 WESTWAY DRIVE, SARASOTA, FL 34236

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedNovember 25, 2025

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Home Price

$6,999,000

20% ($1,399,800)
6.75%

Loan Term

Principal & Interest$36,316
Property Tax (est.)$6,416
Insurance (est.)$150
Total Monthly$42,882
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 26, 2026.

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