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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)

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 ra nge, 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.

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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

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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

Address Estimate Bed Bath Sq. Ft Lot Size
1931 High Point Circle, Sarasota, FL, 34236 $1,495,000 3 2 1,712 1,712 SqFt
1905 Alta Vista Street, Sarasota, FL, 34236 $3,975,000 4 4 3,813 3,813 SqFt
654 Lafayette Court, Sarasota, FL, 34236 $2,795,000 5 7 3,748 3,748 SqFt
1950 Adams Lane, Sarasota, FL, 34236 $995,000 1 1 1,112 1,112 SqFt
1838 Alta Vista Street, Sarasota, FL, 34236 $3,495,000 5 6 4,452 4,452 SqFt
1846 Lincoln Drive, Sarasota, FL, 34236 $2,095,000 3 4 2,618 2,618 SqFt
1903 Oak Street, Sarasota, FL, 34236 $720,000 3 3 1,626 1,626 SqFt
1821 Lincoln Drive, Sarasota, FL, 34236 $5,425,000 4 5 3,906 3,906 SqFt
1862 6th Street, Sarasota, FL, 34236 $749,000 3 3 1,419 1,419 SqFt
1749 Lincoln Park Circle, Sarasota, FL, 34236 $3,575,000 4 4 3,020 3,020 SqFt
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ByOwner last updated this listing 06/15/2026 @ 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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