For SaleSingle Family ResidenceActive
540 S Polk Drive
Sarasota, FL 34236
$8,250,000
277 Days On Site
- 6Beds
- 7Baths6 full, 1 half
- 5,331Sq Ft
- $1,548Per Sq Ft
- 0.22Acres
- 2025Built
- Subdivision
- Lido Beach Div B
- County
- Sarasota
- MLS®
- A4681449
Overview
Incredible income potential with this premier, Florida vacation-rental property. Ideally located just steps from the coveted, white-powder, sands of Lido Beach, this high-occupancy, luxury rental home combines high-end design with exceptional income-producing potential. A resort-style sanctuary for up to twelve guests, this Sarasota property offers 9,258 of masterfully-curated, square feet. Zoned for seven-day rentals and supported by a strong rental history, the property makes an attractive opportunity for investors, families or business owners seeking both personal enjoyment and revenue generation. The outdoor living is exceptional 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. Dine under the stars with a well-appointed summer kitchen and relax after dinner on the fun putting green. The grounds offer a lush, tropical oasis with a refreshing waterfall spilling into a sparkling saltwater pool. Serene, fiber-optic lighting and the exterior music system will transform the evening while guests relax in the twelve-person spa. Multiple outdoor lounging and dining areas accommodate everything from family gatherings to corporate retreats with multiple TVs, beverage refrigerators and game spaces for pool or ping pong. Designed with entertainment in mind, the refined interior spaces come complete with a collection of premium furnishings. A Sonos multi-room audio system and 12 high-definition TVs enhance entertainment throughout the property. The chef’s kitchen offers a spacious 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 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 tile work, sleek cabinetry and under-lit vanities. 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. 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.
Listing Snapshot
- Price
- $8,250,000
- Days On Site
- 277 Days
- Bedrooms
- 6
- Inside Area (SqFt)
- 5,331 sqft
- Total Baths
- 7
- Full Baths
- 6
- Partial Baths
- 1
- Lot Size
- 0.22 Acres
- Year Built
- 2025
- MLS® Number
- A4681449
- Status
- Active
- Property Tax
- $20,946 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
19 items
- Acres
- 0.22
- Attached Garage
- Yes
- Direction Faces
- Northeast
- Foundation
- Slab
- Garage
- Yes
- Garage Spaces
- 4
- Green Energy Efficient
- Appliances, Doors, Thermostat, Windows
- Levels
- Three Or More
- Number Of Stories
- 3
- Parking
- Driveway, Garage Door Opener, Oversized, Garage, Attached
- Pets
- Yes
- Property Sub Type
- Single Family Residence
- Security
- Closed Circuit Camera(s), Security System, Smoke Detector(s)
- Sewer
- Public Sewer
- SqFt Total
- 9,258
- Style
- Contemporary
- Utilities
- Electricity Connected
- Water Source
- Public
- Zoning
- RMF2
Interior Features
21 items
- Appliances
- Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Cooling
- Central Air
- Flooring
- Tile
- Furnished
- Furnished
- Heating
- Central, Heat Pump
- Interior
- Built-in Features, Dry Bar, Elevator, Open Floorplan, Walk-In Closet(s), Wet Bar
- Laundry Features
- Laundry Room
- Spa
- Yes
- Window Features
- Window Coverings, Insulated Windows, Storm Window(s), Window Treatments
Rooms
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Balcony/Porch/Lanai | 17x14 | Third | |
| Bedroom 1 | 14x12 | Second | |
| Bedroom 2 | 14x13 | Second | |
| Bedroom 3 | 14x12 | Second | |
| Bedroom 4 | 13x16 | Second | |
| Bedroom 5 | 12x13 | Third | |
| Den | 16x10 | Third | |
| Dining Room | 32x15 | Third | Wet Bar |
| Family Room | 38x16 | Second | Wet Bar |
| Great Room | 17x20 | Third | |
| Kitchen | 16x15 | Third | Bar, Pantry |
| Master Bedroom | Second | Double Vanity |
Exterior Features
15 items
- Construction Details
- Concrete, Stucco, Wood Siding
- Exterior
- Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters
- Fencing
- Fenced, Other
- Lot Features
- Landscaped, Paved
- Other Structures
- Outdoor Kitchen
- Patio And Porch
- Covered, Deck
- Pool Features
- Gunite, Heated, In Ground, Salt Water, Private
- Private Pool
- Yes
- Roof
- Membrane
- Spa
- Yes
- Spa Features
- Heated
- View
- Water, City
- Waterfront Features
- Beach Access
- Waterview
- Water, City
- Windows/Doors
- Window Coverings, Insulated Windows, Storm Window(s), Window Treatments
Community Features
4 items
- MLS Area
- 34236 - Sarasota
- Township
- 36
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt, Paved
Location
540 S Polk Drive, Sarasota, FL 34236 · 34236 - Sarasota
Neighborhood & Commute
ZIP Code 34236
- Median household income
- $98,702
- Income per person
- $92,684
- Households
- 8,742
- Average household size
- 1.63
- Median age
- 60.7
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $8,250,000
- Listing first seen on site
- Status changed to Active
Friends & Family
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