$6,100,000

1003 Westway Dr Sarasota, FL 34236

Estimated payment $37,794/month

Total Views 6,136
0.69 Acre
$8,840,580 Price per Acre
30,056 Sq Ft Lot

Highlights

  • Community Beach Access
  • Beach View
  • Park
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • High Speed Internet

About This Lot

Situated along the iconic shores of Lido Key Beach, 1003 Westway Drive presents an unparalleled opportunity to craft a custom home with breathtaking panoramic Gulf of Mexico views and immediate access to Lido Key Beach. This 0.69-acre Gulf-facing lot offers an ideal setting for creating your bespoke beach house in one of Lido Key's most coveted communities. Located in the prestigious Lido Shores neighborhood, this parcel features amazing attributes including private beach access for Lido Shores residents, a short walk to the luxury boutiques and eateries of St. Armands Circle, and close proximity to the vibrant core of Downtown Sarasota. Endless Gulf of Mexico and sunset views, together with the potential for downtown Sarasota views and the privacy of a nature preserve on one side come together to create limitless potential. This is a chance to define your ultra-luxury lifestyle on Florida’s Gulf Coast. Adjacent parcel is also available creating unique compound or guest house options.

Listing Agent

Joel Schemmel

DOUGLAS ELLIMAN Brokerage Phone: License #3060476 Listed on: 07/10/2024

DOUGLAS ELLIMAN

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57,469

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 150 x 200 x 150 x 200
  • East Facing Home
  • Level Lot
  • Property is zoned RSFE

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / A
  • Assessor Parcel Number 0013150008

Community Details

Overview

  • Lido C Community
  • Lido C Subdivision

Recreation

  • Community Beach Access
  • Park
  • Water access To Gulf or Ocean
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$57,469

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30000
  • Directions to Property: 41 to West on John Ringling Blvd. Go over the Bridge toward St. Armand's Circle. At the round about, take the first exit onto N Boulevard of the Presidents. Turn left on Morningside Drive then left on Westway.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 576862852
  • RATIO Current Price By Calculate: 203.33
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Amenities Additional Fees: There is a community park with a gazebo directly on the beach.
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: Lena White
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1003

Exterior Features

  • Direction Faces: East
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Price Per Acre: 8840580

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach Area, Park
  • Association Amenities: Park
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 300.00
  • Total Monthly Fees: 25.00
  • Monthly HOA Amount: 25.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSFE
  • Parcel Number: 0013150008
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Limits, Level, Room For Pool, Paved
  • Lot Dimensions: 150 x 200 x 150 x 200
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2787

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 57469.13
  • Tax Block: A
  • Tax Lot: 25

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $57,469 $3,329,802 -- --
2023 $57,469 $5,110,600 $5,110,600 $0
2022 $51,427 $4,425,100 $4,425,100 $0
2021 $39,959 $2,661,800 $2,661,800 $0
2020 $36,320 $2,274,300 $2,274,300 $0
2019 $37,893 $2,378,300 $2,378,300 $0
2018 $38,015 $2,378,300 $2,378,300 $0
2017 $38,043 $2,357,000 $2,357,000 $0
2016 $43,022 $2,620,800 $2,620,800 $0
2015 $41,095 $2,447,600 $2,447,600 $0
2014 $39,438 $2,134,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 For Sale $6,100,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,600,000 Attorney
Warranty Deed $2,000,000 --
Warranty Deed $1,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $749,999 Credit Line Revolving
Previous Owner $749,999 Credit Line Revolving
Previous Owner $1,500,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $1,400,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4614995

Stellar MLS

APN: 0013-15-0008