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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.
Property Details
Price: $8,650,000
Sq Ft: 5,331
($1,623 per
sqft)
Bedrooms: 6
Bathrooms: 6
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Single Family
Development: Lido Beach
Subdivision: Lido Beach Div B
Acres: 0.2200
Virtual Tour/Floorplan:
View
Year Built: 2025
Listing Number: A4681449
Status Code: A-Active
Taxes: $20,946.00
Tax Year: 2025
Garage:
4
/
Y
Furnishings: Furnished
Pets Allowed: Yes
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
Financial Information:
Taxes: $20,946.00
Tax Year: 2025
Exterior Features:
Balcony
Lighting
Outdoor Grill
Outdoor Kitchen
Rain Gutters
Sliding Doors
Equipment:
Bar Fridge
Dishwasher
Dryer
Exhaust Fan
Gas Water Heater
Ice Maker
Microwave
Range
Range Hood
Refrigerator
Tankless Water Heater
Washer
View:
City
Water
Additional Information:
Building Description: Contemporary
MLS Area: 34236 - Sarasota
Total Square Footage: 9,258
Price per Square Feet: $1,622.58
Total Floors: 3
Water: Public
Lot Desc.: Flood Insurance Required, Flood Zone, Landscaped, Paved
Construction: Concrete, Stucco, Wood Siding
Date Listed: 2026-02-07 00:00:00
Pool: Y
Pool Description: Chlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
Private Spa: Y
Furnished: Furnished
Windows: Insulated Windows, Storm Window(S), Window Treatments
Parking: Driveway, Garage Door Opener, Oversized, Garage
Garage Description: Y
Garage Spaces: 4
Flooring: Tile
Roof: Membrane
Heating: Central, Heat Pump
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Map of 540 Polk Drive S, Sarasota, FL 34236
Listing Courtesy Of: Premier Sotheby's International Realty
kathleen@wingaterealtors.com