Search

Nearby Properties

  • 132 HARRISON DR, SARASOTA, FL - MLS# A4639921

    132 HARRISON DR
    $1,250,000         $145,000
    3 br, 2.5 ba
    Single Family Home

  • 404 S POLK DR, SARASOTA, FL - MLS# A4689616

    404 S POLK DR
    $1,700,000      
    4 br, 3.0 ba, 2 Gar
    Single Family Home

  • 204 COOLIDGE DR, SARASOTA, FL - MLS# A4692051

    204 COOLIDGE DR
    $3,650,000         $100,000
    8 br, 9.0 ba, 4 Gar
    Single Family Home

  • 209 GARFIELD DR, SARASOTA, FL - MLS# A4688244

    209 GARFIELD DR
    $3,945,000      
    6 br, 6.5 ba , 2 Car
    Single Family Home

  • 135 GRANT DR, SARASOTA, FL - MLS# A4649296

    135 GRANT DR
    $4,000,000         $100,000
    6 br, 7.0 ba, 2 Gar
    Single Family Home

  • 234 GRANT DR, SARASOTA, FL - MLS# A4668250

    234 GRANT DR
    $4,150,000         $300,000
    6 br, 7.5 ba
    Single Family Home

  • 514 S BLVD OF THE PRESIDENTS, SARASOTA, FL - MLS# A4697579

    514 S BLVD OF THE PRESIDENTS
    $4,380,000      
    5 br, 5.5 ba, 3 Gar
    Single Family Home

  • 436 S POLK DR, SARASOTA, FL - MLS# A4676956

    436 S POLK DR
    $4,957,777      
    5 br, 5.5 ba, 4 Gar
    Single Family Home

  • 149 MCKINLEY DR, SARASOTA, FL - MLS# A4676647

    149 MCKINLEY DR
    $5,200,000         $300,000
    9 br, 8.5 ba, 2 Gar
    Single Family Home

  • 701 TYLER DR, SARASOTA, FL - MLS# A4676329

    701 TYLER DR
    $5,795,000         $200,000
    4 br, 4.0 ba, 2 Gar
    Single Family Home

540 S POLK DR,  SARASOTA, FL 34236

MLS# A4681449.  6 beds.  6.5 baths.  Single Family Home.  Active

$20,946 in taxes (2025)

$8,250,000   Reduced by $400,000 (4.8%)

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: PREMIER SOTHEBY'S INTERNATIONAL REALTY ((941-383-2500))
  • Listing Agent: Kathleen Wingate ((813-731-3332))
  • Days on yellowkey: 150
  • Property Type: Single Family Home
  • Beds: 6
  • Baths: 6.5
  • Living Area Square Feet: 5331
  • Built 2025
  • Taxes: $20,946 (2025)
  • Spa: Yes
  • Garage Spaces:4 ()
  • Square Feet: 9258
  • Fees: $0
  • Sarasota County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Vacant
  • Community:
  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: LIDO BEACH DIV B
  • Complex Name:

Interior Details:

  • Interior Levels:
  • Stories:
  • Bedroom Description:
  • Master Bathroom Description:
  • Interior Features: Built-in Features, Ceiling Fans(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
  • Dining Description:
  • Floor:
  • Cooling:
  • Heating:
  • Equipment/Appliances:
  • Other Rooms:
  • Windows Treatment:
  • Cable Available
  • Water Utility:

Exterior/Other Details:

  • Design:
  • Design Description:
  • Guest House Living Area:
  • Guest House Description:
  • Efficiency:
  • Unit Floor Location:
  • Guest House Description:
  • Garage Description:
  • Carport Spaces:
  • Carport Description:
  • Parking Description: Driveway, Garage Door Opener, Oversized, Garage
  • Pool Description:
  • Pool Dimensions:
  • Lot:
  • Front Exposure:
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof Description:
  • Security:
  • Sprinkler:
  • Sewer Description:
  • Miscellaneous:
  • View:City, Water, Gulf/Ocean - Partial
  • Waterfront Front:
  • Waterfront Description:
  • Water Access:

History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/29/2026Sale110A4681449Price Change$8,250,000-4.62%891.1211MLS
2/7/2026Sale0A4681449listed for sale$8,650,000-934.3270MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.