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$8,250,000

6 Beds 6 / 1 Full / Half Baths 5,331 SQFT 0.22 Acres
Type: Single Family

540 S POLK DRIVE
SARASOTA, FL 34236

MLS#: A4681449
Kevin Curtis
Kevin Curtis
The Real Estate Advantage
Agent
Phone: 612.619.6496
Office: 763.755.1100
Presented by: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-383-2500. - 941-383-2500

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths1
Total Baths7

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringPorcelain Tile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(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
Laundry FeaturesLaundry Room
Total Stories3
Window FeaturesInsulated Windows, Storm Window(s), Window Treatments

General

Additional Parcels Y/NNo
Additional RoomsBonus Room, Den/Library/Office, Florida Room, Formal Dining Room Separate, Great Room, Inside Utility, Media Room
AppliancesBar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Architectural StyleContemporary
Attached Garage Yes
Building Area Units0 sqft
Carport Y/NNo
CitySARASOTA
Construction MaterialsConcrete, Stucco, Wood Siding
CoolingCentral Air
CountySarasota
DirectionsWEST 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.
DockY/NNo
Energy EfficientAppliances, Doors, Thermostat, Windows
Facing DirectionNortheast
Flood Zone CodeAE
Full Baths6
Garage Spaces4
Garage Y/NYes
HeatingCentral, Heat Pump
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
LevelsThree Or More
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet9,444 sqft
Lot Size UnitsSquare Feet
MLS Area34236 - Sarasota
Minimum Lease1 Week
New ConstructionNo
Occupancy TypeVacant
Other StructuresOutdoor Kitchen
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck
Pets AllowedYes
Pool FeaturesChlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
Property Attached Y/NNo
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMembrane
Security FeaturesClosed Circuit Camera(s), Security System, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesHeated
Standard StatusActive
StatusActive
Subdivision NameLIDO BEACH DIV B
Tax Annual Amount$20,946
Tax Lot1
Tax Year2025
Total Rooms12
UtilitiesElectricity Connected
ViewCity, Water
Virtual TourClick here
Water Access TypeBeach, Gulf/Ocean
Water Access Y/NYes
Water ViewGulf/Ocean - Partial
Water View Y/NYes
Year Built2025
ZoningRMF2

Exterior

Building Area Total9,258 sqft
Covered Spaces4
Exterior AmenitiesBalcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
FencingFenced, Other
Foundation DetailsSlab
Lot FeaturesFlood Insurance Required, FloodZone, Landscaped
Lot Size Acres0.22
Lot Size Area9,444 sqft
Parking FeaturesDriveway, Garage Door Opener, Oversized, Split Garage
Private PoolYes
Road Frontage TypeStreet Paved
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
SpaYes
VegetationTrees/Landscaped
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$8,250,000

6 Beds 6 / 1 Full / Half Baths 5,331 SQFT 0.22 Acres
Type: Single Family

540 S POLK DRIVE
SARASOTA, FL 34236

MLS#: A4681449
Kevin Curtis
Kevin Curtis
The Real Estate Advantage
Agent
Phone: 612.619.6496
Office: 763.755.1100