540 S POLK DR, Sarasota, FL 34236
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540 S POLK DR, Sarasota, FL 34236
540 S POLK DR, Sarasota, FL 34236
540 S POLK DR, Sarasota, FL 34236
540 S POLK DR, Sarasota, FL 34236
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$ 8,650,000
Est. payment /mo
Active

540 S POLK DR Sarasota, FL 34236

6 Beds

7 Baths

5,331 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,331 sqft

Price per Sqft $1,622

Subdivision Lido Beach Div B

MLS Listing ID A4681449

Bedrooms 6

Full Baths 6

Half Baths 1

Construction Status Completed

HOA Y/N No

Year Built 2025

Annual Tax Amount $20,946

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

This exquisite residence combines sophisticated contemporary design with exceptional income-producing potential, offering 9,258 square feet of resort-style living just steps from the Gulf beaches. With 5,331 square feet of refined interior space and a curated collection of premium furnishings, the home is ideal as a luxurious family retreat or a high-performing corporate getaway. Zoned for seven-day rentals and supported by a strong rental history, the property commands approximately $1,800 per night in season and $1,300 per night out of season, making it an attractive opportunity for investors or business owners seeking both personal enjoyment and revenue generation.
The gourmet kitchen centers around a waterfall-edge island and features a Sub-Zero refrigerator, Wolf eight-burner gas range, dual dishwashers, floating shelves and sleek European-style cabinetry. Bespoke finishes elevate every space, including quartz countertops, designer lighting, an interior elevator, custom tambour wood walls, artisanal iron stair rails, 7-inch baseboards and 8-foot interior doors. Each floor includes a wet bar with beverage refrigerators, ice makers or dishwashers, creating effortless flow for entertaining.
The primary suite offers a serene private retreat with walk-in closets and a spa-inspired bath featuring a backlit marble wall, designer fixtures and a walk-in shower with rain and handheld showerheads. Five additional bedrooms each feature uniquely designed en-suite baths with custom mirrors, distinctive tilework, sleek cabinetry and under-lit vanities. Outdoor living is extraordinary, with more than 3,300 square feet of covered patios and six balconies culminating in a rooftop deck with 360-degree views of the Gulf, bay and city skyline. The summer kitchen includes a Heston Aspire grill and wet bar. The fenced backyard is a tropical oasis with a heated saltwater pool, waterfall, fiber-optic lighting, a 12-person spa and a private putting green. Multiple lounging and dining areas accommodate everything from family gatherings to corporate retreats, complete with TVs, beverage refrigerators and game spaces for pool or ping pong. Advanced smart-home technology includes a comprehensive surveillance system with high-definition cameras, whole-property Wi-Fi, intelligent access control, programmable architectural lighting and motorized window treatments. A Sonos multi-room audio system and 12 high-definition TVs enhance entertainment throughout. Architectural highlights include stacked-stone and wood cladding, horizontal balcony rails, and Ipe wood on balconies and the rooftop deck. Hurricane-rated windows and doors, tongue-and-groove ceilings and travertine pavers complete the exterior. Ideally located near pristine Gulf beaches, St. Armands Circle and downtown Sarasota's dining, arts and entertainment, this residence offers the rare combination of luxury living, strong rental income and exceptional appeal for families, executives or investors.

Location

State FL

County Sarasota

Community Lido Beach Div B

Area 34236 - Sarasota

Zoning RMF2

Rooms

Other Rooms Bonus Room, Den/Library/Office, Florida Room, Formal Dining Room Separate, Great Room, Inside Utility, Media Room

Interior

Interior Features Built-in Features, Ceiling Fans(s), Dry Bar, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments

Heating Central, Heat Pump

Cooling Central Air

Flooring Tile

Furnishings Furnished

Fireplace false

Appliance Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors

Parking Features Driveway, Garage Door Opener, Oversized, Garage

Garage Spaces 4.0

Fence Fenced, Other

Pool Chlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water

Utilities Available Electricity Connected

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

View City, Water

Roof Type Membrane

Porch Covered, Deck

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Flood Insurance Required, FloodZone, Landscaped, Paved

Story 3

Entry Level Three Or More

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Structure Type Concrete,Stucco,Wood Siding

New Construction false

Construction Status Completed

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4681449


Stellar MLS
Listed by Kathleen Wingate PREMIER SOTHEBY'S INTERNATIONAL REALTY

NEARBY SCHOOLS & PROPERTIES

Janice Martin

Janice Martin

Advisor | License ID: SL3063789

+1(941) 225-9843

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540 S POLK DR