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$1,999,000

7322 WESTMORELAND DRIVE, SARASOTA, FL 34243

3D Tour
Active215 days on market

Beds

4

Baths

4

Sq Ft

3,756 sq ft

Year Built

1960

Lot Size

1.07 acres

Garage

2

About This Property

Rare Direct Bayfront Opportunity on Over 1 Acre – No Bridges, Deep Water Access. Bring your vision to life on this exceptional waterfront property offering over one acre directly on the bay with no bridges to open water and deep-water access. This is a rare chance to create one or multiple custom coastal retreats in a premier boating location. The home features a beautiful concrete seawall and expansive water frontage, perfect for boaters, anglers, and sunset lovers alike. The property was impacted by a hurricane, and all drywall has been removed, leaving a clean slate that’s ready for your rebuild, remodel or redesign—ideal for buyers who want to customize finishes, layout, and style to their taste. With unmatched views, generous lot size, and direct bay access, this property offers incredible upside and long-term value. Whether you’re looking to restore, reimagine, or rebuild, this is a prime waterfront canvas! Adjoining properties are also for sale at the time of this listing, if you dare to dream even larger! Don’t miss this opportunity to craft your dream home on the water. Seller Financing terms available for qualified Buyers. Unmatched location! Close to SRQ Airport, New College, Downtown Sarasota, Ringling Museum, UTC Mall, endless shopping, dining and water opportunities await you.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4682111
StatusActive
Year Built1960
Total Rooms4
ConstructionBlock
RoofShingle
FoundationBlock
FacesEast
SubdivisionWHITFIELD ESTATES BLKS 14-23 & 26
CountyManatee
OwnershipFee Simple

Interior Features

InteriorNinguno
FlooringOther
AppliancesNone
LaundryInside
CoolingCentral Air
HeatingCentral
FireplaceYes ()

Exterior & Lot

ExteriorPrivate Yard
Lot Size1.07 acres (46,570 sq ft)
Lot FeaturesFlood Insurance Required, FloodZone, In County, Near Golf Course, Near Marina, Oversized Lot, Unincorporated
Road SurfacePaved, Asphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground

Waterfront

WaterfrontYes
FeaturesBay/Harbor

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Available

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,999,000
Original Price$2,500,000
Annual Taxes$17,565 (2024)
ZoningRSF3/WR/
Parcel #6703800000

Schools

ElementaryFlorine J. Abel Elementary
MiddleElecta Arcotte Lee Magnet
HighBayshore High

Directions

From US 41 North, Turn east onto Pearl Avenue(stop light), follow to Westmoreland, turn right, 7322 is on the left

Location

7322 WESTMORELAND DRIVE, SARASOTA, FL 34243

Listing Information

OfficeOVERSEAS REALTY, INC
ListedFebruary 12, 2026

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Home Price

$1,999,000

20% ($399,800)
6.75%

Loan Term

Principal & Interest$10,372
Property Tax (est.)$1,832
Insurance (est.)$150
Total Monthly$12,355
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $1,999,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$199,900 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$299,850 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$399,800 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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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: September 23, 2026.

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