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$8,250,000

540 S POLK DRIVE, SARASOTA, FL 34236

3D Tour
Active241 days on market

Beds

6

Baths

7

Sq Ft

5,331 sq ft

Year Built

2025

Lot Size

0.22 acres

Garage

4

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4681449
StatusActive
Year Built2025
Stories3
Total Rooms12
ConstructionConcrete, Stucco, Wood Siding
RoofMembrane
FoundationSlab
FacesNortheast
SubdivisionLIDO BEACH DIV B
CountySarasota
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorBuilt-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
FlooringPorcelain Tile
AppliancesBar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
LaundryLaundry Room
WindowsInsulated Windows, Storm Window(s), Window Treatments
CoolingCentral Air
HeatingCentral, Heat Pump
SecurityClosed Circuit Camera(s), Security System, Smoke Detector(s)

Exterior & Lot

ExteriorBalcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
FencingFenced, Other
Other StructuresOutdoor Kitchen
Lot Size0.22 acres (9,444 sq ft)
Lot FeaturesFlood Insurance Required, FloodZone, Landscaped
Road SurfacePaved, Asphalt
ViewCity, Water

Pool & Spa

Private PoolYes
Pool FeaturesChlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
SpaHeated

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected

Parking

GarageYes (4 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$8,250,000
Original Price$8,650,000
Annual Taxes$20,946 (2025)
FinancingCash, Conventional
ZoningRMF2
Parcel #2016060047

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.

Location

540 S POLK DRIVE, SARASOTA, FL 34236

Listing Information

OfficePREMIER SOTHEBY'S INTERNATIONAL REALTY
ListedFebruary 7, 2026

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Home Price

$8,250,000

20% ($1,650,000)
6.75%

Loan Term

Principal & Interest$42,807
Property Tax (est.)$7,563
Insurance (est.)$150
Total Monthly$50,520
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 29, 2026.

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