by RH Advisors

See Home Value
$2,600,000
Land - Off Market

1425 Westway DRIVE

SARASOTA, FL 34236
bedrooms
Studio
bathrooms
0 Bath
$6,337,573
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

One of the last opportunities to build a new home on "Westway Drive" in Lido Shores. Sarasota's finest and most desirable location. This oversized and unique property offers 175' of direct water frontage on New Pass.Enjoy the spectacular Gulf views as well as views of the Bay. This amazing property can support a true masterpiece estate sized home as well as accommodate one's yacht to the rear of the property. Lido Shores also offers its' residents a very special private and gated beach access, solely for residents. In addition to all the wonderful amenities this property offers, the location is just minutes to downtown Sarasota, St. Armand's Circle and Longboat Key.   THIS PROPERTY MAY BE SUBDIVIDED IMMEDIATELY ANDSOLD AS TWO SEPARATE BUILDABLE PARCELS.
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3,131
HOA Dues
$17
Year Built
2020
Last updated: 3 months ago (Stellar MLS #A3922106)

Price History

Date / Event Date Event Price
Jul 5, 2019 Sold to Lisa Clark Ketchum, Merrill... $4,050,000
Sold to Lisa Clark Ketchum, Merrill...
Apr 18, 2017 Sold to Westway Llc 1435 $1,893,190
Sold to Westway Llc 1435
Aug 16, 2010 Sold $2,600,000
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,051
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,119
  • Total Building Area: 4,981
  • Gross Building Area: 4,981
  • Building Area: 3,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIDO BEACH DIV C RESUB LOTS 4-8 BLK G
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT SE COR OF LOT 4, BLK G, SAID COR BEING A POINT ON R/W LINE OF WESTWAY DR TH NWLY ALG SAID R/W LINE & ALG CURVE TO LEFT 51.35 FT FOR POB TH N 16-53-04 E 34.31 FT TH N 44-38-37 W 95.8 FT M/L TO

Ownership

  • Current Owner : KETCHUM MERRILL ANDREW
  • Current Owner 2: KETCHUM LISA CLARK
  • Previous Owner : 1435 WESTWAY LLC
  • Owner Before Previous Owner: MODUS OPERNADI PARTNERS LLC
  • Owner Before Previous Owner 2: HANSON STEVER R
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000104

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 15
  • Account Number: 0013010005
  • Subdivision Tract Number: 1257
  • Parcel: 0013-01-0005
  • Block: G
  • Lot: 4
  • Meridian: SEC 27 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3312
  • Longitude: -82.5824

    Address

  • Full Address: 1425 Westway Dr
  • Address - House Number: 1425
  • Address - Street Name: Westway
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 6,913
  • Tax Year: 2023
  • Tax Amount: $69,703
  • Tax Rate Code Area: 0200

    Market Valuation

  • Market Total Value: $5,501,900
  • Market Land Value: $2,709,700
  • Market Improvement Value: $2,792,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,501,900
  • Assessed Land Value: $2,709,700
  • Assessed Improvements Value: $2,792,200

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 05, 2019
  • Current Sale Transaction ID: 11622254150
  • Current Sale Price: $4,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019091119
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Contract Date: Apr 05, 2017
  • Previous Sale Amount: $1,893,189
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$2,400,000 Nov 30, -0001
$2,080,000 Sep 28, 2005
-
Condo
2 Beds
2 Baths
1,284 ft²
$2,113/ft²
$2,712,500 Dec 8, 2023
$2,712,500 Dec 29, 2023
$1,517/mo
House
4 Beds
6 Baths
5,268 ft²
$607/ft²
$3,200,000 Nov 30, -0001
$3,250,000 Sep 23, 2009
$2,262/mo
House
3 Beds
4 Baths
3,353 ft²
$1,039/ft²
$3,485,000 Jan 4, 2021
$3,485,000 Apr 1, 2021
$2,434/mo
House
4 Beds
4 Baths
3,937 ft²
$632/ft²
$2,490,000 Nov 30, -0001
$2,000,000 Aug 25, 2010
$1,312/mo
House
3 Beds
3 Baths
2,521 ft²
$991/ft²
$2,499,000 Nov 30, -0001
$2,100,000 Jan 19, 2017
$2,490/mo
Condo
3 Beds
4 Baths
2,880 ft²
$1,040/ft²
$2,995,000 Nov 24, 2023
-
$1,519/mo
Condo
3 Beds
4 Baths
2,820 ft²
$1,062/ft²
$2,995,000 Feb 15, 2024
-
$1,501/mo
Condo
2 Beds
4 Baths
2,820 ft²
$1,135/ft²
$3,200,000 Jan 26, 2024
-
$1,687/mo
House
3 Beds
3 Baths
3,140 ft²
$955/ft²
$3,000,000 Nov 22, 2023
-
$1,005/mo
Condo
4 Beds
3 Baths
2,807 ft²
$962/ft²
$2,700,000 Jun 30, 2023
-
$1,272/mo
Condo
2 Beds
4 Baths
2,385 ft²
$1,467/ft²
$3,498,750 Jan 26, 2024
-
$1,572/mo

About Lido Shores


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Nearby Rentals



Frequently Asked Questions

When was property at 1425 Westway Drive built and last sold?
The property at 1425 Westway Drive was built in 2020 and last sold on Jun 28, 2019 for $4,050,000.
How much is this home worth?
The estimated value of the home located at 1425 Westway Drive is $2,979,500.
What are some comparable homes to 1425 Westway Drive?
There are currently no comparable homes to 1425 Westway Drive.

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