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540 Polk Drive, SARASOTA, FL 34236
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540 Polk Drive
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  • MLS#: A4681449 ( Residential )
  • Street Address: 540 Polk Drive
  • Viewed: 62
  • Price: $8,650,000
  • Price sqft: $934
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 9258
  • Bedrooms: 6
  • Total Baths: 7
  • Full Baths: 6
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 4
  • Days On Market: 95
  • Additional Information
  • Geolocation: 27.3135 / -82.5745
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Lido Beach Div B
  • Provided by: PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • Contact: Kathleen Wingate
  • 941-383-2500
  • mfrmls
  • DMCA Notice
  • Description
    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 Sarasotas 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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Features
Appliances
  1. Bar Fridge
  2. Dishwasher
  3. Dryer
  4. Exhaust Fan
  5. Gas Water Heater
  6. Ice Maker
  7. Microwave
  8. Range
  9. Range Hood
  10. Refrigerator
  11. Tankless Water Heater
  12. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Lighting
  3. Outdoor Grill
  4. Outdoor Kitchen
  5. Rain Gutters
  6. Sliding Doors
Fencing
  1. Fenced
  2. Other
Flooring
  1. Tile
Furnished
  1. Furnished
Garage Spaces
  1. 4.00
Green Energy Efficient
  1. Appliances
  2. Doors
  3. Thermostat
  4. Windows
Heating
  1. Central
  2. Heat Pump
Insurance Expense
  1. 0.00
Interior Features
  1. Built-in Features
  2. Ceiling Fans(s)
  3. Dry Bar
  4. Elevator
  5. Kitchen/Family Room Combo
  6. Open Floorplan
  7. Primary Bedroom Main Floor
  8. Solid Surface Counters
  9. Solid Wood Cabinets
  10. Split Bedroom
  11. Thermostat
  12. Walk-In Closet(s)
  13. Wet Bar
  14. Window Treatments
Legal Description
  1. LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
Levels
  1. Three Or More
Living Area
  1. 5331.00
Lot Features
  1. Flood Insurance Required
  2. FloodZone
  3. Landscaped
  4. Paved
Area Major
  1. 34236 - Sarasota
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Outdoor Kitchen
Parcel Number
  1. 2016060047
Parking Features
  1. Driveway
  2. Garage Door Opener
  3. Oversized
  4. Garage
Pets Allowed
  1. Yes
Pool Features
  1. Chlorine Free
  2. Deck
  3. Fiber Optic Lighting
  4. Gunite
  5. Heated
  6. In Ground
  7. Lighting
  8. Salt Water
Property Condition
  1. Completed
Property Type
  1. Residential
Roof
  1. Membrane
Sewer
  1. Public Sewer
Style
  1. Contemporary
Tax Year
  1. 2025
Township
  1. 36
Utilities
  1. Electricity Connected
View
  1. City
  2. Water
Views
  1. 62
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4681449
Water Source
  1. Public
Year Built
  1. 2025
Zoning Code
  1. RMF2
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com