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540 S Polk Drive

SARASOTA, FL 34236
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Bed 6

Bed

Bath 7

Bath

SqFt5,331

Sqft

Acres0.22

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $8,250,000

AD Id : 75159602

MLS Id : MFRA4681449

Beds : 6

Lot Size : 0.22 Acre

Living Area Size : 5,331

Year Built : 2025

Garage : 4

County : Sarasota

Subdivision: Lido Beach Div B

  • Map Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 7 Full Baths: 6 Half Baths: 1

    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 Roof: Membrane Appliances: Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer Laundry Features: Laundry Room

    Roofing Information

    Membrane
  • Flooring Information

    Flooring: Tile Construction Materials: Concrete, Stucco, Wood Siding
  • Heating & Cooling

    Heating: Central, Heat Pump Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2025
  • Exterior Features

    Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors Construction Materials: Concrete, Stucco, Wood Siding Foundation Details: Slab Road Responsibility: Public Maintained Road
  • Pool Features

    Private Pool: 1 Chlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water

  • Lot Information

    Lot Description: Flood Insurance Required, FloodZone, Landscaped, Paved Lot Square Feet: 9444 Lot Acres: 0.22 Lot Size (SqMt): 877

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Contemporary

  • Listing Price Information

    Original List Price:$8650000

  • Tax Information

    Tax Block: 54 Tax Book Number: 2397-150 Tax Lot: 1 Tax Legal Description: LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150 Annual Tax: $20946 Tax Year: 2025 Parcel Number: 2016060047

  • Parking Information

    Driveway, Garage Door Opener, Oversized, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    Electricity Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: LIDO BEACH DIV B City: SARASOTA Direction: WEST ON JOHN RINGLING BLVD, TURN LEFT ONTO S. WASHINGTON DRIVE, THEN TURN LEFT ONTO SOUTH BLVD. OF THE PRESIDENTS, TURN RIGHT ONTO S. POLK DRIVE.
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Nearby Home Value

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1950 Adams Lane, Sarasota, FL, 34236 $795,000 1 1 1,112 1,112 SqFt
543 Columbia Court, Sarasota, FL, 34236 $1,749,990 3 3 2,335 2,335 SqFt
1821 Lincoln Drive, Sarasota, FL, 34236 $5,425,000 4 5 3,906 3,906 SqFt
1798 Lincoln Park Circle, Sarasota, FL, 34236 $2,595,000 3 3 4,234 4,234 SqFt
1862 6th Street, Sarasota, FL, 34236 $749,000 3 3 1,419 1,419 SqFt
301 S Osprey Avenue, Sarasota, FL, 34236 $1,099,000 4 4 3,320 3,320 SqFt
1717 Alta Vista Street, Sarasota, FL, 34236 $3,095,000 5 5 3,267 3,267 SqFt
503 N Osprey Avenue, Sarasota, FL, 34236 $1,159,999 6 5 2,958 2,958 SqFt
642 Ohio Place, Sarasota, FL, 34236 $815,000 2 1 850 850 SqFt
721 N Osprey Avenue, Sarasota, FL, 34236 $639,800 4 2 1,484 1,484 SqFt
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ByOwner last updated this listing 08/18/2026 @ 06:20

MLS: MFRMLS #A4681449 LISTED BY: Kathleen Wingate, PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-383-2500 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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