Water Views - Primary on Main - Eco Friendly
Address
540 S Polk Drive, SARASOTA, FL
Price
$ 8,250,000
Property Attributes
  • MLS#A4681449
  • TypeSingle Family
  • Listing Status Active
  • CountySarasota
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodLIDO BEACH DIV B
  • Zip34236
  • StyleContemporary
  • Year Built2025
  • Taxes$ 20946
  • Price$ 8,250,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage5331
  • Lot Size0.22 Acres
Data Source:
Stellar MLS
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.

Price History
2/7/2026 Listed $8,650,000
5/29/2026 5$8,250,000

General Features

Sewer Public Sewer
Heating Central,Heat Pump
Cooling Central Air
Utilities Electricity Connected
Roof Membrane
Appliances Bar Fridge,Dishwasher,Dryer,Exhaust Fan,Gas Water Heater,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer
Zoning RMF2
Garage Spaces 4
Patio/Porch Features Covered,Deck
Architectural Style Contemporary
Pool Features Chlorine Free,Deck,Fiber Optic Lighting,Gunite,Heated,In Ground,Lighting,Salt Water
Security Features Closed Circuit Camera(s),Security System,Smoke Detector(s)
Construction Materials Concrete,Stucco,Wood Siding
Pets Allowed Yes
Year Built 2025
View City,Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Energy Efficient Appliances,Doors,Thermostat,Windows
Subdivision Name LIDO BEACH DIV B
Facing Direction Northeast
Garage Y/N true
Other Structures Outdoor Kitchen
Total Rooms 12
Full Baths 6
Status Active
Directions 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.
City SARASOTA
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 9444
Carport Y/N false
Listing Terms Cash,Conventional
Spa Features Heated
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 20946
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4681449
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 1
Legal Description LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
Water View Gulf/Ocean - Partial
Water Access Type Beach,Gulf/Ocean
Minimum Lease 1 Week
Water Access Y/N true
Additional Rooms Bonus Room,Den/Library/Office,Florida Room,Formal Dining Room Separate,Great Room,Inside Utility,Media Room
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N false

Interior Features

Interior Amenities Built-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
Flooring Porcelain Tile
Furnished Y/N Furnished
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows,Storm Window(s),Window Treatments
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 6
LivingAreaSource Public Records
Total Baths 7

Exterior Features

Exterior Amenities Balcony,Irrigation System,Lighting,Outdoor Grill,Outdoor Kitchen,Rain Gutters,Sliding Doors
Vegetation Trees/Landscaped
Fencing Fenced,Other
Parking Features Driveway,Garage Door Opener,Oversized,Split Garage
Lot Features Flood Insurance Required,FloodZone,Landscaped
Water Source Public
Lot Size Area 9444
Foundation Details Slab
Spa true
Building Area Total 9258
Lot Size Acres 0.22
Road Surface Type Paved,Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 4
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34236

Price
AVG $4.68M
$8.25M
Taxes
AVG $32,591
$20,946
Year Built
AVG 1990
2025

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