1199 Westway Drive

Sarasota, FL 34236

$12,000,000
Price
17,743 / 0.41
Lot Size / Acres

Description

Spectacular once-in-a-lifetime opportunity to establish a personal estate on one of the most impressive waterfront lots of the Gulf Coast. This exceptional Gulf-front parcel offers a Lido Key address on Westway Drive, renowned for its globally recognized icons of midcentury modern design in the style of the Sarasota School of Architecture. The specific contour of this expansive .41-acre lot makes it the first Lido Shores address suitable for a deep-water dock and direct private boat access to the...Spectacular once-in-a-lifetime opportunity to establish a personal estate on one of the most impressive waterfront lots of the Gulf Coast. This exceptional Gulf-front parcel offers a Lido Key address on Westway Drive, renowned for its globally recognized icons of midcentury modern design in the style of the Sarasota School of Architecture. The specific contour of this expansive .41-acre lot makes it the first Lido Shores address suitable for a deep-water dock and direct private boat access to the Gulf of Mexico. More than 120 feet of direct waterfront on the Gulf offers the opportunity for both private dock access and manicured landscaping or beach surface above the seawall, all with magnificent west-facing views of the water and the southern end of Longboat Key. Adding incalculable value, this lot is already cleared and permitted for immediate build potential of a large-scale estate. Architectural plans drawn by Jerry Sparkman of the famed design firm Sweet Sparkman are available with the land purchase. These plans honor the style of the Sarasota School of Architecture with dramatic angles, cantilevered living spaces, and the maximum elevation allowed in this enclave of Lido Key, showcasing the most spectacular views of any residence in Lido Shores at a height of 52 feet. With potential for worldwide recognition in modern design, these bespoke drawings encompass 6,885 square feet of living space under air across a magnificent primary home and separate pool house, with additional specifications including pool and spa, hardscaping, landscaping, and multi-story water features. Located in the most coveted position of the notable Lido Shores community, this Westway Drive parcel is uniquely poised for immediate groundbreaking. The address boasts acclaim not only for architectural distinction but for rare amenities that include private deeded beach access exclusive to Lido Shores residents, walking distance to the luxury boutiques and eateries of St. Armands Circle, and enviable proximity to the cosmopolitan core of Downtown Sarasota. With endless views and limitless potential, this is an incomparable and immediate opportunity to personalize ultra-luxury living on the Gulf Coast.
  1. Listed by Lisa Morris • DOUGLAS ELLIMAN

Property Details for 1199 Westway Drive

Subdivision Name
LIDO C
Township
36S
View
Water
Waterfront
Yes
Water View
Bay/Harbor - Partial, Gulf/Ocean - Full, Gulf/Ocean - Partial, Gulf/Ocean to Bay

Location

Listing Courtesy of DOUGLAS ELLIMAN, Lisa Morris
Add your commute
LISTING UPDATED: 04/04/2024 01:42 PM

Property Details for 1199 Westway Drive

StatusActive
MLS #A4587932
Days on Market176
Taxes$54,590 / year
HOA Fees$300 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.41 AC
CountySarasota County

Location

Listing Courtesy of DOUGLAS ELLIMAN, Lisa Morris
Add your commute

Building Information for 1199 Westway Drive

Lot Size0.41 AC

Payment Calculator

$70,063 per month

30 year fixed, 7.25% Interest

Principal and Interest

$65,489

Property Taxes

$4,549

HOA Dues

$25

The Payment Calculator is for illustrative purposes only.

Property Information for 1199 Westway Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Beach Area
  • Direction Faces: Northwest
  • Directions: From St. Armands Circle, go north on John Ringling Parkway, to left on Morningside Drive to right on Westway Drive.
  • Elementary School: Southside Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street
  • SW Subdiv Community Name: Lido Shores
  • Street Number: 1199
  • Street Name: WESTWAY
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Taxes and HOA Information
  • Association Fee Includes: Recreational Facilities
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Tax Block: A
  • Tax Book Number: 5-3
  • Tax Legal Description: LOT 12, LESS BEG NE COR OF LOT 12 TH SWLY ALG R/W OF WEST WAY DR 20 FT TH N 74-54-06 W 151 FT TO NEW PASS TH NELY TO NLY LINE OF LOT 12 TH S 69-40 E 138 FT ALG N LINE OF LOT 12 TO POB, TOGETHER WITH
  • Tax Lot: 12
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Residential
  • Current Use: Residential
  • Future Land Use: Residentia
  • Lot Features: Buildable, CoastalConstruction Control Line, Street Paved
  • Lot Size Dimensions: 196x121
  • Parcel Number: 0013070001
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Gulf/Ocean, Gulf/Ocean to Bay
  • Water Access: Yes
  • Water Body Name: GULF OF MEXICO, SARASOTA BAY
  • Water Extras: Seawall - Concrete
  • Water Extras: Yes
  • Water: Seawall - Concrete
  • Water Frontage Feet Ocean 2 Bay: 119
  • Zoning: RSF2
  • Lot Dimensions: 196x121
Property and Assessments
  • Amenities Additional Fees: Private beach access and social activities are available through the Lido Shores Property Owner's Association. Membership is optional.
  • Association Amenities: Recreation Facilities
  • Flood Zone Code: VE, AE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0129F
  • Public Survey Range: 17E
  • Public Survey Section: 27
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 121
  • Pool: None
  • Pool Private: No
  • Vegetation: Trees
  • Waterfront Features: Gulf/Ocean, Gulf/Ocean to Bay
  • Waterfront Feet Total: 119
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 1199 Westway Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1199 Westway Drive

Taxable ValueLand$4,175,900Additions$34,600Total$4,210,500
Tax Record2023$54,590 ($4,549 / month)
Home Facts
Beds4Baths5.5Total Finished SqFt5,640 SqFtAbove Grade Finished SqFt5,640 SqFtStories2Lot Size17,743 SqFtStyleResidentialYear Built2000ZoningRSF2CountySARASOTAAPN0013-07-0001

Schools near 1199 Westway Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 6 to 12
Charter - 6 to 8
Rating
School
Distance
Southside Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Sarasota Military Academy
Charter6 to 12

Sarasota School Of Arts/Sciences
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1199 Westway Drive is a 0.41 ac of land for sale in Sarasota, FL 34236. This property was listed for sale on November 9, 2023 by DOUGLAS ELLIMAN, it's currently listed at $12,000,000. It has been on the market for a total of 176 days and was last sold on August 31, 2020. This listing's school district is Sarasota. Nearby schools include Southside Elementary School, Booker Middle School and Sarasota Military Academy. 1199 Westway Drive is a 0-bed, 0-bath, 0.41 ac of land on a 17,743 sq. ft. / 0.41 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of DOUGLAS ELLIMAN, Lisa Morris

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.