Land at 7538 WESTMORELAND DR, SARASOTA
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13 photos

$1,700,000

7538 WESTMORELAND DR
SARASOTA, FL 34243
Listed by Jessie Bonner · SARABAY REAL ESTATE INC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

A rare opportunity to create a legacy property along the shores of Sarasota Bay. Set on over half an acre in the heart of historic Whitfield Estates, 7538 Westmoreland Drive offers one of the area’s most compelling waterfront redevelopment opportunities. Framed by breathtaking bay views and unforgettable sunsets, this expansive homesite is where vision, architecture, and lifestyle come together. Westmoreland Drive is widely regarded as one of Whitfield Estates most desirable waterfront streets, where classic Spanish-inspired residences and Old Florida charm are giving way to stunning custom-built bayfront estates. Surrounded by multi-million-dollar homes, this property presents the ideal canvas to design and build the luxury waterfront residence you’ve always imagined. The existing home is being sold for land value, allowing the next owner to unlock the full potential of this exceptional setting. With over half an acre of bayfront property, opportunities of this scale and location have become increasingly difficult to find. Perfectly positioned just minutes from IMG Academy, Sarasota-Bradenton International Airport, downtown Sarasota, world-renowned beaches, waterfront dining, and the vibrant cultural amenities that make Sarasota one of Florida’s most sought-after destinations. Whitfield Estates also offers a voluntary neighborhood association for only $40/year, providing culinary access to the Sara Bay Country Club. Whether you’re building your forever home, a family compound, or a signature waterfront estate, this is a chance to secure a premier piece of Sarasota Bay and bring your vision to life. Waterfront homesites of this caliber are few and far between. The next chapter begins here.

Highlights

Waterfront

Property details

MLS #
MFRA4696164
Property type
Land
Subdivision
WHITFIELD ESTATES UNIT 1
Status
Active
Days on market
N/A
On market date
June 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.55 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
FLORINE J ABEL ELEMENTARY SCHOOL
1.42 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
467
Student:teacher ratio
13.7:1
District
MANATEE
Middle
ELECTA LEE MAGNET MIDDLE SCHOOL
3.28 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
780
Student:teacher ratio
16.6:1
District
MANATEE
High
ACCESS TO EDUCATION
1.9 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
46
Student:teacher ratio
5.8:1
District
MANATEE

Mortgage calculator

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Est. monthly payment
$10,388/mo
$340,000 down
$1,360,000 loan
Principal & interest$8,821
Property tax (est.)$1,417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.