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$8,650,000
91 Days On Site

540 S POLK DRIVE
SARASOTA, FL 34236

For Sale|Single Family Residence|Active
6
Beds
7
Total Baths
6
Full Baths
1
Partial Bath
5,331
SqFt
$1,623
/SqFt
2025
Built
Subdivision:
LIDO BEACH DIV B
County:
Sarasota
Call Now: (941) 444-5444
Is this the listing for you? We can help make it yours.
(941) 444-5444
540 S POLK DRIVE540 S POLK DRIVE540 S POLK DRIVE540 S POLK DRIVE
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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 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 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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Listing Snapshot
Price 
$8,650,000
Days On Site 
91 Days
Bedrooms 
6
Inside Area (SqFt) 
5,331 sqft
Total Baths 
7
Full Baths 
6
Partial Baths 
1
Lot Size 
0.22 Acres
Year Built 
2025
MLS® Number 
A4681449
Status 
Active
Property Tax 
$20,946
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.22
Attached Garage 
Yes
Direction Faces 
Northeast
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Green Energy Efficient 
AppliancesDoorsThermostatWindows
Levels 
Three Or More
Number Of Stories 
3
Parking 
DrivewayGarage Door OpenerOversizedGarageAttached
Pets 
Yes
Property Sub Type 
Single Family Residence
Security 
Closed Circuit Camera(s)Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
9258
Style 
Contemporary
Utilities 
Electricity Connected
Water Source 
Public
Zoning 
RMF2
Interior Features
Appliances 
Bar FridgeDishwasherDryerExhaust FanGas Water HeaterIce MakerMicrowaveRangeRange HoodRefrigeratorTankless Water HeaterWasher
Cooling 
Central Air
Flooring 
Tile
Furnished 
Furnished
Heating 
CentralHeat Pump
Interior 
Built-in FeaturesDry BarElevatorOpen FloorplanWalk-In Closet(s)Wet Bar
Laundry Features 
Laundry Room
Spa 
Yes
Window Features 
Window CoveringsInsulated WindowsStorm Window(s)Window Treatments
Balcony/Porch/Lanai 
Dimensions - 17x14Level - Third
Bedroom 1 
Dimensions - 14x12Level - Second
Bedroom 2 
Dimensions - 14x13Level - Second
Bedroom 3 
Dimensions - 14x12Level - Second
Bedroom 4 
Dimensions - 13x16Level - Second
Bedroom 5 
Dimensions - 12x13Level - Third
Den 
Dimensions - 16x10Level - Third
Dining Room 
Dimensions - 32x15Level - ThirdFeatures - Wet Bar
Family Room 
Dimensions - 38x16Level - SecondFeatures - Wet Bar
Great Room 
Dimensions - 17x20Level - Third
Kitchen 
Dimensions - 16x15Level - ThirdFeatures - Bar, Pantry
Master Bedroom 
Level - SecondFeatures - Double Vanity
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Exterior Features
Construction Details 
ConcreteStuccoWood Siding
Exterior 
BalconyLightingOutdoor GrillOutdoor KitchenRain Gutters
Fencing 
FencedOther
Lot Features 
LandscapedPaved
Other Structures 
Outdoor Kitchen
Patio And Porch 
CoveredDeck
Pool Features 
GuniteHeatedIn GroundSalt WaterPrivate
Private Pool 
Yes
Roof 
Membrane
Spa 
Yes
Spa Features 
Heated
View 
WaterCity
Waterfront Features 
Beach Access
Waterview 
WaterCity
Windows/Doors 
Window CoveringsInsulated WindowsStorm Window(s)Window Treatments
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34236 - Sarasota
Roads 
AsphaltPaved
Township 
36
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY (813) 731-3332



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-10 10:43 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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