• 1199 Westway Drive SARASOTA, FL 34236

  • $12,000,000
  • 17,743
    Sq Ft
  • 0.41
    Acre
  • Listed By: DOUGLAS ELLIMAN
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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 Type :

Land

Subdivision :

Lido C

County :

Sarasota

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Public

Lot Information

Lot Dimensions: 196x121

Lot Description: Buildable, CoastalConstruction Control Line, Paved

Lot Square Feet: 17743

Lot Acres: 0.41

Lot Size (SqMt): 1648

Property Information

Property Type: Land

Listing Price Information

Original List Price: $12000000

Tax Information

Tax Block: A

Tax Book Number: 5-3

Tax Lot: 12

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

Annual Tax: $54590.35

Tax Year: 2023

Parcel Number: 0013070001

Homeowners Association Information

Included Fees: Recreational Facilities

Included Amenities: Recreation Facilities

HOA : $300 Annually

School Information

Elementary School: Southside Elementary

Junior High School: Booker Middle

Senior High School: Booker High

Utility Information

BB/HS Internet Available, Cable Connected, Electricity Available, Public, Sewer Connected, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: LIDO C

City: SARASOTA

Direction: From St. Armands Circle, go north on John Ringling Parkway, to left on Morningside Drive to right on Westway Drive.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1469 5th Street #202, Sarasota, FL,34236 $1,679,000 3 2 1,850 0.12 Acre
1469 5th Street #102, Sarasota, FL,34236 $995,000 2 2 1,150 0.12 Acre
1469 5th Street #302, Sarasota, FL,34236 $1,724,000 3 2 1,850 0.12 Acre
162 Emerson Drive, Sarasota, FL,34236 $10,000,000 -- -- 20,250 0.46 Acre
430 Kumquat Court #202, Sarasota, FL,34236 $1,030,600 2 2 1,057 --
430 Kumquat Court #308, Sarasota, FL,34236 $1,166,100 2 3 1,196 --
430 Kumquat Court #410, Sarasota, FL,34236 $1,701,500 3 4 1,745 --
1469 5th Street #304, Sarasota, FL,34236 $1,796,000 3 3 1,850 0.12 Acre
845 Benjamin Franklin D.., Sarasota, FL,34236 $569,000 2 2 991 --
35 Watergate Drive #701, Sarasota, FL,34236 $3,300,000 3 3 3,751 --

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ByOwner last updated this listing 04/29/2024 @ 18:20

MLS: MFRMLS #A4587932
LISTED BY: Lisa Morris, DOUGLAS ELLIMAN
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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