Virtual TourMap

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

RoomDimensionsLevelFeatures
Balcony/Porch/Lanai17x14Third
Bedroom 114x12Second
Bedroom 214x13Second
Bedroom 314x12Second
Bedroom 413x16Second
Bedroom 512x13Third
Den16x10Third
Dining Room32x15ThirdWet Bar
Family Room38x16SecondWet Bar
Great Room17x20Third
Kitchen16x15ThirdBar, Pantry
Master BedroomSecondDouble 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

  1. Listing updated with changes from the MLS®
  2. Price changed to $8,250,000
  3. Listing first seen on site
  4. Status changed to Active

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Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY (813) 731-3332

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-11 07:36 PM EST

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