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1051 WESTWAY DRIVE

Lots/Land For Sale
$3,600,000

BTC: 56.25000000

ETH: 2,061.85567010

110 days
Waterfront
0 room(s)

Overview

A rare and remarkable opportunity within the exclusive Lido Shores neighborhood — this exceptional .87-acre parcel at 1051 Westway Drive offers the ideal canvas to create a custom coastal estate in one of Sarasota’s most coveted locations. Perfectly positioned at the end of a quiet street and bordered by a nature preserve on one side, the setting delivers an unrivled sense of privacy while offering access to Pansy Bayou. You'll enjoy the potential for Gulf of Mexico, Sarasota Bay, and downtown skyline views from a thoughtfully designed residence. Imagine evenings defined by spectacular sunsets and a lifestyle centered around water, nature and refined coastal living. Residents of Lido Shores enjoy private beach access, placing the Gulf’s renowned shoreline just moments away. From this location, a short stroll leads to the vibrant shopping, dining, and cultural experiences of St. Armands Circle — blending exclusivity with convenience in a way few addresses can match. For those seeking an even grander vision, the adjacent parcel presents the opportunity to assemble a truly sublime estate - or even a guest house or sport pavillion - just steps from the Gulf. Craft your upscale Florida lifestyle from the ground up in a setting defined by beauty, rarity, and possibility.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.87 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,175,000
$1.1M – $4.7M
Confidence Low
List vs. estimate
$425K above estimate
List $3,600,000 · +13.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$38,666
2025
HOA
$500/yr
Waterfront
Gulf/Ocean Front, Waterfront
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.87 Acres

    Other Property Information

    • Parcel Number: 0013150007

    • Zoning: RSFE

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $500

    • HOA Frequency: Annually

    • Annual tax amount: $38,666

  • Source details

    • MLS ID: A4680833

    Other facts

    • Lot Features: Buildable / City Lot / Street Dead-End

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: Irregular

    • Subdivision Name: LIDO C/ LIDO SHORES

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY