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7538 WESTMORELAND DRIVE

House For Sale
$1,700,000

BTC: 27.68729642

ETH: 973.65406644

1 days
Waterfront
3 bds
1 ba
1,730 sqft

Overview

A rare opportunity to create a legacy property along the shores of Sarasota Bay. Set on over half an acre in the heart of historic Whitfield Estates, 7538 Westmoreland Drive offers one of the area’s most compelling waterfront redevelopment opportunities. Framed by breathtaking bay views and unforgettable sunsets, this expansive homesite is where vision, architecture, and lifestyle come together. Westmoreland Drive is widely regarded as one of Whitfield Estates most desirable waterfront streets, where classic Spanish-inspired residences and Old Florida charm are giving way to stunning custom-built bayfront estates. Surrounded by multi-million-dollar homes, this property presents the ideal canvas to design and build the luxury waterfront residence you’ve always imagined. The existing home is being sold for land value, allowing the next owner to unlock the full potential of this exceptional setting. With over half an acre of bayfront property, opportunities of this scale and location have become increasingly difficult to find. Perfectly positioned just minutes from IMG Academy, Sarasota-Bradenton International Airport, downtown Sarasota, world-renowned beaches, waterfront dining, and the vibrant cultural amenities that make Sarasota one of Florida’s most sought-after destinations. Whitfield Estates also offers a voluntary neighborhood association for only $40/year, providing culinary access to the Sara Bay Country Club. Whether you’re building your forever home, a family compound, or a signature waterfront estate, this is a chance to secure a premier piece of Sarasota Bay and bring your vision to life. Waterfront homesites of this caliber are few and far between. The next chapter begins here.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1948
Lot:
0.55 Acres
Heating:
Central / Electric
Price/sqft:
$983
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$785,000
$461K – $1.6M
Confidence Low
List vs. estimate
$915K above estimate
List $1,700,000 · +116.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$982
+198.4% vs. city median $329
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,408
2025
Waterfront
Bay/Harbor, Gulf/Ocean to Bay
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.55 Acres

    Other Property Information

    • Parcel Number: 6685800002

    • Zoning: RSF3/WR/

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,408

  • Source details

    • MLS ID: A4696134

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: None

    • Direction Faces: East

    • Waterfront: Yes

    • Living Area: 1730

    • Water Source: Public

    • Lot Size Dimensions: 96.8 x 245

    • Subdivision Name: WHITFIELD ESTATES UNIT 1

Private inquiry
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Market around this address

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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: SARABAY REAL ESTATE INC