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$5,400,000

Active

1215 Westway Dr, Sarasota, FL 34236

0.27 acre lot

Listing courtesy of DEVELOPERS REALTY LBK, INC · MLS# A4702152

80 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

What’s special

  • Gulf frontage
  • Construction-ready homesite
  • Private beach access
  • Stone-faced perimeter wall
  • Approved seawall permit
  • Panoramic water views

AI-selected highlights from the listing description below.

An extraordinary opportunity awaits to create a world-class waterfront estate along one of Sarasota's most coveted stretches of Gulf coastline. Perfectly positioned within the exclusive Lido Shores community, this cleared and construction-ready homesite presents a rare opportunity to design and build a custom coastal masterpiece in one of Florida's most sought after barrier island enclaves. Spanning nearly 12,000 square feet with an impressive 143 feet of direct Gulf frontage, the property captures breathtaking panoramic water views, unforgettable sunsets, and the tranquil Gulf beauty from one of the area's most sought-after locations. With private neighborhood beach access and an exceptional waterfront setting, this remarkable homesite offers the ideal foundation for a residence that reflects your unique vision and lifestyle. Thoughtfully prepared for development, the quarter-acre parcel features a striking stone-faced perimeter wall with a gated entry for privacy, professionally designed landscaping that creates an elegant first impression, and an approved seawall permit to further enhance the property's long-term value and functionality. Imagine a residence defined by soaring walls of glass framing endless Gulf views, expansive indoor and outdoor living spaces designed for effortless entertaining, a spectacular chef's kitchen, private wellness amenities, a resort-inspired pool and spa, and every luxury imaginable. Select the builder of your choice and collaborate on a home tailored to your exact specifications—where architectural excellence and coastal elegance become one. Opportunities to acquire a Gulf-front homesite of this caliber are exceedingly rare. More than simply vacant land, this is an invitation to create a timeless legacy estate on one of Sarasota's most distinguished addresses—where exceptional design, uncompromising luxury, and the incomparable beauty of the sand, sea, and sky come together to create something truly extraordinary.

Facts

Property type
Land
Lot size
0.27 acres
Waterfront
Yes · 138 ft
Water access
Beach - Access Deeded
Water view
Yes
Exposure
Northwest
Flood zone
VE
Annual taxes
$57,568/yr
Monthly fees
$42/mo
Listed
Aug 10, 2026
MLS #
A4702152

Price & status history

  1. Listed for $6,900,000
  2. Price reduced to $5,900,000
  3. Price reduced to $5,400,000

Virtual tours

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 1215 WESTWAY DR. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$36,645

$27,305 of that is principal & interest. 25% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$27,305
Property taxes
$4,797
Homeowners insurance
$4,500
Flood insurance
$0
HOA / condo fees
$42
Mortgage insurance (PMI)
$0
Total per month
$36,645

Over the life of the loan

Loan amount
$4,320,000
Down payment
$1,080,000
Total interest
$5,509,922
Principal + interest paid
$9,829,922
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1215 Westway Dr, Sarasota, FL 34236

Listing courtesy of DEVELOPERS REALTY LBK, INC · MLS# A4702152 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 29, 2026, 12:23 AM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]