Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

1199 WESTWAY DRIVE

Lots/Land For Sale
$6,999,000

BTC: 109.35937500

ETH: 4,008.59106529

-$1M (2026/05/28)
190 days
Waterfront
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.41 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$300

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,449,000
$553K – $4.2M
Confidence Low
List vs. estimate
$5.5M above estimate
List $6,999,000 · +383.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$59,183
2024
HOA
$300/yr
View
Water
Waterfront
Waterfront, Gulf/Ocean
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.41 Acres

    Other Property Information

    • Parcel Number: 0013070001

    • Zoning: RSF2

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Phone Available

    • Public

    • Sewer Connected

    • Water Available

  • Other financial information

    • HOA: $300

    • HOA Frequency: Annually

    • Annual tax amount: $59,183

  • Source details

    • MLS ID: A4673170

    Other facts

    • Lot Features: Buildable / Cleared / Flood Plain / City Lot / Level / Near Golf Course / Near Marina / Oversized Lot

    • Direction Faces: East

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 97 x 195 x 127 x 149

    • Subdivision Name: LIDO SHORES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$6,900,000
Condo/Co-op
3 bds · 3 ba · 3,798 sqft
THE RITZ CARLTON RESIDENCES, SARASOTA
401 QUAY COMMONS UNIT 505
For Sale
$5,500,000
Lots/Land
0.87 acres
WHITAKERS W H PROP, SARASOTA
2043 ALAMEDA AVENUE
For Sale
$8,500,000
House
5 bds · 4 ba · 5,458 sqft
ELLIOT M PROP SIESTA KEY, SARASOTA
4034 ROBERTS POINT ROAD
For Sale
$6,000,000
House
4 bds · 4 ba · 3,146 sqft
JOHN RINGLING ESTATES ST ARMANDS DIV 01, SARASOTA
244 N WASHINGTON DRIVE
For Sale
$7,199,000
Condo/Co-op
4 bds · 4 ba · 4,223 sqft
RITZ-CARLTON RESIDENCES, SARASOTA BAY, SARASOTA
555 QUAY CMNS UNIT 1101
-$200K
For Sale
$6,295,000
House
10 bds · 10 ba · 4,443 sqft
LIDO BEACH, SARASOTA
119 MCKINLEY DRIVE
-$1M
For Sale
$6,900,000
Condo/Co-op
3 bds · 3 ba · 5,600 sqft
VISTA BAY POINT, SARASOTA
128 GOLDEN GATE POINT UNIT 901/1001
For Sale
$8,999,000
Condo/Co-op
3 bds · 3 ba · 4,360 sqft
RITZ-CARLTON RESIDENCES, SARASOTA BAY, SARASOTA
555 QUAY COMMON UNIT 1903

Market around this address

Live counts in the same area.
View all

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