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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.
Property Details
Price: $8,250,000
Sq Ft: 5,331
($1,548 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
Gulf/Ocean - Partial
Additional Information:
Building Description: Contemporary
MLS Area: 34236 - Sarasota
Total Square Footage: 9,258
Price per Square Feet: $1,547.55
Total Floors: 3
Water: Public
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
Attached Garage: Y
Flooring: Tile
Roof: Membrane
Heating: Central, Heat Pump
Cooling: Central Air
Security: Closed Circuit Camera(S), Security System, Smoke Detector(S)
Laundry: Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Flood Insurance Required, Flood Zone, Landscaped, Paved
Parcel ID: 2016060047
Map of 540 Polk Drive S, Sarasota, FL 34236
Listing Courtesy Of: Premier Sotheby's International Realty
kathleen@wingaterealtors.com