7538 WESTMORELAND DRIVE

SARASOTA, FL 34243

Listing courtesy of SARABAY REAL ESTATE INC · MLS# A4696164

$1,700,000
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Property Details

Lot size
0.55 acres
Zoning
RSF3/WR/
Price / acre
$3,090,909
MLS#
A4696164
Listed
June 5, 2026

Description

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.

Facts & Costs

Property type
Land
Zoning
RSF3/WR/
Current use
Residential
Lot dimensions
96.8x245
Price per acre
$3,090,909
Waterfront frontage
196 ft
Road surface
Asphalt, Paved
Lot size
0.55 acres
Days on market
117
Waterfront
Yes
Community
Whitfield Estates
Subdivision
WHITFIELD ESTATES UNIT 1
County
Manatee
Flood zone
AE

Monthly & yearly costs

Property taxes
$3,408 / year (2025)

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

Utilities & lot

Utilities
Public
Sewer
Public Sewer
Water
Private
View
Gulf/Ocean - Partial

Payment Estimate

$8,880 / month

Principal & interest
$8,596
Property taxes
$284
HOA
$0
Home insurance
enter below

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

  • Bay/Harbor
  • Gulf/Ocean to Bay

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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George Predescu, REALTOR®
George Predescu
REALTOR® · HORIZON REALTY INTERNATIONAL

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