1051 WESTWAY DRIVE

SARASOTA, FL 34236

Listing courtesy of COLDWELL BANKER REALTY · MLS# A4680833

$3,600,000

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Property Details

Lot size

0.87 acres

Zoning

RSFE

Price / acre

$4,137,931

MLS#

A4680833

Listed

February 13, 2026

Description

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.

Facts & Costs

Property type: Land
Zoning: RSFE
Current use: Residential
Lot dimensions: Irregular
Price per acre: $4,137,931
Waterfront frontage: 10 ft
Road surface: Asphalt
Lot size: 0.87 acres
Days on market: 229
Waterfront: Yes
Community: Lido Shores
Subdivision: LIDO C/ LIDO SHORES
County: Sarasota
Flood zone: AE

Monthly & yearly costs

HOA fee: $500 / annually
Property taxes: $38,666 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Lot features: Buildable, City Limits, Street Dead-End

Payment Estimate

$21,467 / month

Principal & interest: $18,204
Property taxes: $3,222
HOA: $42
Home insurance: enter below

Down payment (20%)$720,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Bayou

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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