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Waterfront Land Homesite
For Sale
$1,700,000

7538 Westmoreland Drive SARASOTA, Sarasota, FL 34243

Waterfront land on Sarasota Bay with an existing home sold for land value on a lot over half an acre.

Property SizeContact for details
Days on Market31

Property Features for 7538 Westmoreland Drive SARASOTA

General Information

Standard status Active
Property subtype Land
Zoning RSF3/WR/

Taxes and HOA fees

Annual Taxes $3,408

Amenities

Private
23766
96.8 x 245
0.55
true
Asphalt,Paved
Listing Agency: RE/MAX Palm Realty
Listed By: Leslie Carpenter Bolduc · License #3585531
Source: Palm-realty-south-venice-fl.remax
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 8 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Palm Realty

Investment Insights

Based on property information with market context.

This waterfront land opportunity is located along the shores of Sarasota Bay and is offered with an existing home that is being sold for land value. The property sits on more than half an acre, providing space for a new custom build on a bayfront homesite.

The location is described as within historic Whitfield Estates, on Westmoreland Drive. The property is positioned just minutes from IMG Academy, Sarasota-Bradenton International Airport, downtown Sarasota, and nearby beaches and dining options.

Whitfield Estates offers a voluntary neighborhood association, noted as $40 per year, and includes culinary access to Sara Bay Country Club. The site is presented as a redevelopment canvas for buyers seeking a legacy-style waterfront property in Sarasota Bay.

Key Highlights

  • Waterfront homesite on Sarasota Bay with waterfront frontage (Waterfront Y/N: true).
  • Over half an acre lot (0.55 acres) with lot dimensions 96.8 x 245.
  • Existing home included and sold for land value.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Auto Parts Store Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 34243, FL

30,107
Population
16,287
Households
1.8
Avg Household Size
54
Median Age
43%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$79,799
Median Household Income
$42,586
Median Earnings
$1,960
Median Rent
$395,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront land on Sarasota Bay with an existing home sold for land value on a lot over half an acre.
Where is this waterfront land located?
The property is located at 7538 Westmoreland Drive SARASOTA Sarasota, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Waterfront homesite on Sarasota Bay with waterfront frontage (Waterfront Y/N: true).; Over half an acre lot (0.55 acres) with lot dimensions 96.8 x 245.; Existing home included and sold for land value.
More about this property
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