540 S POLK DRIVE, MLS# – A4681449
  • $8,250,000

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 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.

  • Address: POLK
  • City: SARASOTA
  • State/county: Sarasota
  • Zip/Postal Code: 34236
  • Area: LIDO BEACH DIV B

Details

Updated on May 29, 2026 at 5:11 pm
  • Property ID A4681449
  • Price $8,250,000
  • Property Size 5331 Square Feet
  • Land Area 0.22 Square Feet
  • Bedrooms 6
  • Bathrooms 6.5
  • Garages 4
  • Year Built 2025
  • Property Type Single Family Residence
  • Property Status Residential

Additional details

  • ArchitecturalStyle Contemporary
  • BathroomsFull 6
  • BathroomsHalf 1
  • BuildingAreaTotal 9258
  • ConstructionMaterials Concrete, Stucco, Wood Siding
  • ContractStatusChangeDate 2026-02-07
  • Cooling Central Air
  • CoveredSpaces 4
  • CumulativeDaysOnMarket 111
  • DaysOnMarket 111
  • DirectionFaces Northeast
  • 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.
  • Fencing Fenced, Other
  • Flooring Porcelain Tile
  • FoundationDetails Slab
  • Furnished Furnished
  • GreenEnergyEfficient Appliances, Doors, Thermostat, Windows
  • Heating Central, Heat Pump
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • LaundryFeatures Laundry Room
  • LeaseConsideredYN 1
  • Levels Three Or More
  • ListAOR Sarasota - Manatee
  • ListAgentAOR Sarasota - Manatee
  • ListAgentEmail [email protected]
  • ListAgentFullName Kathleen Wingate
  • ListAgentKey a3d674ca492039836c1f12a111561812
  • ListAgentMlsId 261506041
  • ListAgentPreferredPhone 813-731-3332
  • ListOfficeKey 94436d936fcb711a1e1b25aeb3cf1280
  • ListOfficeMlsId 281521124
  • ListOfficeName PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • ListOfficePhone 941-383-2500
  • ListingContractDate 2026-02-07
  • ListingKey bc562f4e360db7d191b9c424578714cc
  • ListingTerms Cash, Conventional
  • LivingAreaSource Public Records
  • LotFeatures Flood Insurance Required, FloodZone, Landscaped
  • LotSizeArea 9444
  • LotSizeSquareFeet 9444
  • MLSAreaMajor 34236 - Sarasota
  • MlsStatus Active
  • Modification Time Stamp May 29, 2026 at 03:01pm
  • OnMarketDate 2026-02-07
  • OriginalEntryTimestamp February 7, 2026 at 07:31pm
  • OriginalListPrice 8650000
  • OriginatingSystemKey stellar
  • OriginatingSystemName Stellar MLS
  • OtherStructures Outdoor Kitchen
  • Ownership Fee Simple
  • ParcelNumber 2016060047
  • ParkingFeatures Driveway, Garage Door Opener, Oversized, Split Garage
  • PatioAndPorchFeatures Covered, Deck
  • PetsAllowed Yes
  • PhotosChangeTimestamp May 8, 2026 at 05:40pm
  • PhotosCount 96
  • PoolFeatures Chlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
  • PostalCode 34236
  • PostalCodePlus4 2037
  • PriceChangeTimestamp May 29, 2026 at 03:01pm
  • PropertyCondition Completed
  • RoadFrontageType Street Paved
  • RoadSurfaceType Paved, Asphalt
  • Roof Membrane
  • RoomsTotal 12
  • SecurityFeatures Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • Sewer Public Sewer
  • SourceSystemKey 781296841
  • SpaFeatures Heated
  • SpecialListingConditions None
  • StateOrProvince FL
  • StatusChangeTimestamp February 7, 2026 at 08:07pm
  • StoriesTotal 3
  • StreetDirPrefix S
  • StreetName POLK
  • StreetNumber 540
  • StreetNumberNumeric 540
  • StreetSuffix DRIVE
  • TaxAnnualAmount 20946
  • TaxBlock 54
  • TaxBookNumber 2397-150
  • TaxLegalDescription LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
  • TaxLot 1
  • TaxYear 2025
  • Utilities Electricity Connected
  • View City, Water
  • WaterSource Public
  • WindowFeatures Insulated Windows, Storm Window(s), Window Treatments
  • Zoning RMF2

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