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.
For sale
$1,700,000
7538 WESTMORELAND DRIVE, SARASOTA, FL 34243
3beds
1,730sqft
Single Family Residence
Built in 1948
0.55 Acres Lot
$-- Zestimate®
$983/sqft
$-- HOA
What's special
Breathtaking bay viewsUnforgettable sunsetsExpansive homesite
- 83 days |
- 297 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Jessie Bonner 941-356-3182,
SARABAY REAL ESTATE INC 941-355-7696
Source: Stellar MLS,MLS#: A4696134
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Primary bathroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: None
Features
- None
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,730
- Total interior livable area: 1,730 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Bay/Harbor - Full, Gulf/Ocean to Bay, Intracoastal Waterway
- Has water view: Yes
- Water view: Bay/Harbor - Full,Gulf/Ocean to Bay,Intracoastal Waterway
- Waterfront features: Bay/Harbor, Gulf/Ocean to Bay, Bay/Harbor Access, Gulf/Ocean Access, Bridges - No Fixed Bridges
Lot
- Size: 0.55 Acres
- Dimensions: 96.8 x 245
Details
- Parcel number: 6685800002
- Zoning: RSF3/WR/
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WHITFIELD ESTATES UNIT 1
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $983/sqft
- Tax assessed value: $894,710
- Annual tax amount: $3,408
- Date on market: 6/5/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $1,700,000+36%$983/sqft |
Source: | ||
| 1/1/2023 | Listing removed | -- |
Source: | ||
| 7/29/2022 | Listing removed | $1,250,000$723/sqft |
Source: | ||
| 7/29/2022 | Price change | $1,250,000-10.7%$723/sqft |
Source: | ||
| 6/16/2022 | Listed for sale | $1,399,999-12.5%$809/sqft |
Source: | ||
| 5/19/2022 | Contingent | $1,600,000$925/sqft |
Source: | ||
| 5/5/2022 | Listed for sale | $1,600,000+28%$925/sqft |
Source: | ||
| 11/9/2020 | Listing removed | $1,250,000$723/sqft |
Source: EXIT KING REALTY #A4439669 Report a problem | ||
| 1/23/2020 | Price change | $1,250,000-10.7%$723/sqft |
Source: EXIT KING REALTY #A4439669 Report a problem | ||
| 8/25/2019 | Price change | $1,399,000-6.7%$809/sqft |
Source: EXIT KING REALTY #A4439669 Report a problem | ||
| 3/14/2019 | Price change | $1,499,995-4.8%$867/sqft |
Source: EXIT DREAM TEAM REALTY #A4419811 Report a problem | ||
| 1/9/2019 | Price change | $1,575,000-1.3%$910/sqft |
Source: EXIT DREAM TEAM REALTY #A4419811 Report a problem | ||
| 11/26/2018 | Price change | $1,595,000+13.9%$922/sqft |
Source: EXIT SUNSET REALTY #A4419811 Report a problem | ||
| 11/1/2018 | Price change | $1,400,000-12.5%$809/sqft |
Source: Brokers, LLC #A10491336 Report a problem | ||
| 7/16/2018 | Price change | $1,600,000-5.9%$925/sqft |
Source: Brokers, LLC #A10491336 Report a problem | ||
| 6/22/2018 | Listed for sale | $1,700,000+1340.7%$983/sqft |
Source: Brokers, LLC #A10491336 Report a problem | ||
| 9/27/2012 | Sold | $118,000$68/sqft |
Source: Agent Provided Report a problem | ||
| 1/5/1988 | Sold | $118,000$68/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,408 +3.3% | $257,932 +2.9% |
| 2024 | $3,300 +1.8% | $250,663 +3% |
| 2023 | $3,240 +0.9% | $243,362 +3% |
| 2022 | $3,211 +0.5% | $236,274 +3% |
| 2021 | $3,196 +1.2% | $229,392 +1.4% |
| 2020 | $3,157 +8% | $226,225 +2.3% |
| 2019 | $2,924 +2.9% | $221,139 +1.9% |
| 2018 | $2,843 | $217,016 +2.1% |
| 2017 | -- | $212,552 +2.1% |
| 2016 | $2,680 | $208,180 +0.7% |
| 2015 | $2,680 | $206,733 +0.8% |
| 2014 | $2,680 +2.3% | $205,092 +1.5% |
| 2013 | $2,620 +261871% | $202,061 +1.7% |
| 2012 | $1 | $198,683 +3% |
| 2011 | $1 | $192,896 +1.5% |
| 2010 | -- | $190,045 +2.7% |
| 2009 | $2,345 -11.7% | $185,049 +0.1% |
| 2008 | $2,657 +21% | $184,864 +3% |
| 2007 | $2,195 -5.6% | $179,480 +2.5% |
| 2006 | $2,325 -1.3% | $175,102 +3% |
| 2005 | $2,356 +0.4% | $170,002 +3% |
| 2004 | $2,347 -3.1% | $165,050 +1.9% |
| 2003 | $2,423 +21.1% | $161,973 +17.8% |
| 2002 | $2,000 +3.5% | $137,526 +1.6% |
| 2001 | $1,933 +1.6% | $135,360 +3% |
| 2000 | $1,902 | $131,417 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Whitfield
Nearby schools
GreatSchools rating
- 8/10Florine J Abel Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Bayshore High SchoolGrades: 8-12Distance: 2.9 mi
- 2/10Electa Lee Magnet Middle SchoolGrades: 6-8Distance: 3.3 mi
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