Active
$1,700,000
Est. $10,000/mo

7538 Westmoreland Dr, Sarasota, FL, 34243

$983/sqft·Whitfield Estates

3 bd2 ba1,730 sqftSingle Family
Listed by SARABAY REAL ESTATE INC· Last updated · MLS# A4696134

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Est. monthly payment
$10,000/mo
Down payment (20%)
$340,000
Property taxes
$284/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1948
Waterfront
Bay/Harbor
0.55 acres
Lot size
1,730 sqft
Living area

About this home

Ninguno

7538 Westmoreland Dr is a 1948-built home in Whitfield Estates Unit 1, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,730 square feet of living space. Listed at $1,700,000 (about $983/sqft), 1 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1948
Price / sqft
$983
On market
98 days
Annual tax
$3,408
Flood zone
AE
Lot
23,766 sqft
Type
Single Family Residence

Location

7538 Westmoreland Dr
Sarasota, FL, 34243·34243 - Sarasota
Type
Single Family Residence
Year Built
1948
Lot
23,766 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Waterfront
Bay/Harbor, Gulf/Ocean to Bay
Days on Market
98
Ninguno
Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$3,408

Parcel #

6685800002

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Whitfield Estates Unit 1

County

Manatee

MLS Area

34243 - Sarasota

Lot Size

23,766 sqft

Date
Event
Price
6/5/2026
Listed for sale
Source: Stellar MLS #A4696134
$1,700,000
$983/sqft
Est. monthly payment$10,000/mo
Principal & interest$8,866
Property taxes$284
Insurance$850
Down payment20% · $340,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,700,000
$1.67M – $1.70M
98% – 100% of listTops out right at the list price
80% of listList price
62 of the last 123 home closings in 34243 landed at this number or higher (50%). The median one sat 34 days before it went under contract, and this one is on day 98.

Sample: 123 closed home sales in 34243 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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