SARASOTA, FL 34236 540 S POLK DRIVE
$8,250,000



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Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-383-2500. - 941-383-2500
Home Details
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.
Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-383-2500. - 941-383-2500
Interior Features for 540 S POLK DRIVE
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths1
Total Baths7
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringPorcelain Tile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(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
Laundry FeaturesLaundry Room
Total Stories3
Window FeaturesInsulated Windows, Storm Window(s), Window Treatments
General for 540 S POLK DRIVE
Additional Parcels Y/NNo
Additional RoomsBonus Room, Den/Library/Office, Florida Room, Formal Dining Room Separate, Great Room, Inside Utility, Media Room
AppliancesBar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Architectural StyleContemporary
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CitySARASOTA
Construction MaterialsConcrete, Stucco, Wood Siding
CoolingCentral Air
CountySarasota
DirectionsWEST 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.
DockY/NNo
Energy EfficientAppliances, Doors, Thermostat, Windows
Facing DirectionNortheast
Flood Zone CodeAE
Full Baths6
Garage Spaces4
Garage Y/NYes
HeatingCentral, Heat Pump
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
LevelsThree Or More
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet9444
Lot Size UnitsSquare Feet
MLS Area34236 - Sarasota
Minimum Lease1 Week
New ConstructionNo
Occupancy TypeVacant
Other StructuresOutdoor Kitchen
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck
Pets AllowedYes
Pool FeaturesChlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
Property Attached Y/NNo
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMembrane
STELLAR_InLawSuiteYNNo
Security FeaturesClosed Circuit Camera(s), Security System, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesHeated
Standard StatusActive
StatusActive
Subdivision NameLIDO BEACH DIV B
Tax Annual Amount20946
Tax Lot1
Tax Year2025
Total Rooms12
UtilitiesElectricity Connected
ViewCity, Water
Virtual TourClick here
Water Access TypeBeach, Gulf/Ocean
Water Access Y/NYes
Water ViewGulf/Ocean - Partial
Water View Y/NYes
Year Built2025
ZoningRMF2
Exterior for 540 S POLK DRIVE
Building Area Total9258
Covered Spaces4
Exterior AmenitiesBalcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
FencingFenced, Other
Foundation DetailsSlab
Lot FeaturesFlood Insurance Required, FloodZone, Landscaped
Lot Size Acres0.22
Lot Size Area9444
Parking FeaturesDriveway, Garage Door Opener, Oversized, Split Garage
Private PoolYes
Road Frontage TypeStreet Paved
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
SpaYes
VegetationTrees/Landscaped
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lourdes Victoria Del Pozo Castro
Realtor®
SQFT • 5,331