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.
Property Details
Property Features
Listing Office:
Office Name: DOUGLAS ELLIMAN
Listing Agent: Lisa Morris
Exterior Features
Exterior Information:
Waterfront: Gulf
View: Water
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.41 Acres
School Info
Assigned Schools Information:
Booker High School, Public Magnet Grades 9-12
Booker Middle School, Public Magnet Grades 6-8
Southside Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From St. Armands Circle, go north on John Ringling Parkway, to left on Morningside Drive to right on Westway Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $12,000,000
HOA Fees:
Amount: $300
Frequency: Annually
Tax Information:
Annual Amount: $67,017
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $11.4M more than the Median Sold Price in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4587932
Listing Office:
Office Name: DOUGLAS ELLIMAN
Listing Agent: Lisa Morris
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/2/2024, 2:19:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 22, 2008
Apr 22, 2008Home Sold
$6,387,500
Aug 06, 1998
Aug 06, 1998Home Sold
$960,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$67,017
$4,198,700
2019
$72,173
$4,533,106
2018
$71,051
$4,448,583
2017
$70,268
$4,357,084
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school3.62 miles
Public District Grades PK-5
Middle School
2
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school4.77 miles
Public Magnet Grades 6-8
High School
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school3.81 miles
Public Magnet Grades 9-12
Assigned Schools
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school3.62 miles
Public District Grades PK-5
Nearby Schools
8
/10
Bay Haven School of Basics Plus
2901 W Tamiami Cir
Distance between this listing and this school3.20 miles
Public Magnet Grades KG-5
6
/10
Alta Vista Elementary School
1050 S Euclid Ave
Distance between this listing and this school4.22 miles
Public District Grades PK-5
Assigned Schools
2
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school4.77 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
645 Central Ave
Distance between this listing and this school2.86 miles
Public Charter Grades 6-8
2
/10
Suncoast School For Innovative Studies
845 S School Ave
Distance between this listing and this school3.76 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school3.81 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school3.12 miles
Public Charter Grades 9-12
4
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school3.66 miles
The neighbors living near this home have an average income of $117,763. Most Sarasota, FL residents have annual incomes $200k+. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1199 Westway Dr
What is the listing price of this property?
The listing price of 1199 Westway Dr property is $12,000,000.
What type of property is this?
The property 1199 Westway Dr is land located in Sarasota, Florida, 34236.
Is this property for sale now?
Active Listing: 1199 Westway Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1199 Westway Dr are: Southside Elementary School: GreatSchools Rating 10/10Booker Middle School: GreatSchools Rating 2/10Booker High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $67,017 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 22, 2008 for $6,387,500. (source: MLS/tax record).
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This home is located at 1199 Westway Dr in Sarasota, FL and zip code 34236 in the Lido Shores neighborhood. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $12,000,000.
In April 2024 more than 41 listings in Sarasota, FL were sold above the asking price. During the same period more than 90 listings were sold at asking price, while more than 462 were sold below. In April 2024 in Sarasota, FL there were 1.8% less homes for sale than in March 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $519,031 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
PGA/LPGA
PGA/LPGA
Hiking/backpacking
Men's Tennis
Chico's
Nordstrom Rack
Bloomingdales
Bonefish Grill
Chipotle
Chick-fil-A
Cadillac
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Lexus
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Rock
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