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540 S Polk Drive

Sarasota, FL 34236

6 beds
7 baths
4,892 sqft
9,444 sqft lot
$2,003 per sqft
2025 build
– on site

Welcome to Lido Luxe Estate, Sarasota’s Hidden Gem in Lido Key! This beautifully appointed 6-bedroom, 6.5 bathroom home offers the perfect retreat for families, groups and friends seeking a luxurious beach escape. Ideally situated just a short walk from the pristine Gulf beaches and the upscale shops and restaurants of St. Armands Circle, Lido Luxe Estate provides the ideal blend of elegance and privacy. One of the premiere island houses, Lido Luxe Estate boasts of high-end finishes in both indoor and outdoor areas. The gourmet kitchen includes a large island, coffee bar and top of the line appliances including Sub-Zero and Wolf. The large dining area offers an elegant setting for a memorable group dining experience. A built-in grill, off the kitchen in a covered balcony, completes the extraordinary culinary experience. This luxurious home includes a primary suite with a beautiful en-suite bathroom feature in a romantic backlit marble wall and a walk-in shower. There are 4 additional bedrooms with en-suite bathrooms, ensuring comfort and privacy for every guest, while the sixth bedroom features twin over queen built-in bunk beds with an en-suite bathroom ideal for the younger guests. Outdoor living is at its best at Lido Luxe Estate. The expansive backyard features a stunning heated pool and a 12-person spa with a rain curtain and customizable lighting that creates a magical evening experience. Other outdoor features include: a private putting green, ample space for such things as a pool table, ping pong, TV’s, sofas, etc., makes for an fun and relaxing atmosphere. Completing the outdoor living experience is a dining table, a bar and outdoor beverage and snack refrigerators. Sun worshipers and sunset gazers will delight in the rooftop deck providing space to take in a sunrise, sunset or just appreciate the views of the gulf and inter coastal waters, as well as the Sarasota city lights. Whether this is a second home or vacation rental the possibilities that Lido Luxe Estate offer are endless. Do not hesitate, schedule your showing today.

Listing courtesy of STELLAR_MLS / STARZ REAL ESTATE, LLC

Last checked: Checking… • Last updated Apr 22, 2025 •

MLS# A4649684 —

The Building

Year Built:

2025
New Construction:

true
Construction Materials:

Block
Levels:

Three Or More
Roof:

Metal
Foundation Details:

Block
Building Area Total:

9515
Building Area Units:

Square Feet
Building Area Source:

Builder

Interior

Interior Features:

Crown Molding
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

4892
Living Area Units:

Square Feet
Living Area Source:

Builder

Location

Directions:

TAKE JOHN RINGLING BLVD, TURN LEFT ONTO S. WASHINGTON DRIVE, THEN TURN LEFT ONTO SOUTH BLVD. OF THE PRESIDENTS, TURN RIGHT ONTO S. POLK DRIVE. THIS BEAUTIFUL HOME IS THE 2ND HOME ON THE LEFT.
Latitude:

27.313514
Longitude:

-82.574511
Coordinates:

-82.574511, 27.313514

The Property

Parcel Number:

2016060047
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Size Acres:

0.22
Lot Size Area:

9444
Lot Size SqFt:

9444
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RMF2
Direction Faces:

South
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12115C0129G
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1
Tax Block:

54
Tax Legal Description:

LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
Tax Book Number:

2397-150
Tax Annual Amount:

$23,225

Beds

Bedrooms Total:

6

Baths

Total Baths:

6.5
Total Baths:

7
Full Baths:

6
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4649684
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Bar Fridge
Laundry Features:

Inside

The Community

Subdivision Name:

LIDO BEACH DIV B
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

Heated
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

4
Carport:

false
Covered Spaces:

4

Monthly cost estimate

Asking price

$9,800,000

Expense	Monthly cost
Mortgage	$52,476
Taxes	$1,935
Insurance	$2,695
Utilities	$261 See report
Total	$57,367/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/21/25 Apr 21, 2025	Listed / Active	STELLAR_MLS	$9,800,000	361.2% (129.5% / YR)
7/8/22 Jul 8, 2022		STELLAR_MLS	$2,125,000	1.2%
6/6/22 Jun 6, 2022		STELLAR_MLS	$2,100,000

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This house located in Lido Key, Sarasota, FL 34236 is currently for sale for $9,800,000. 540 S Polk Drive is a 4,892 square foot house with 6 beds and 7 baths that has been on Estately for 3 days. 540 S Polk Drive is in the Lido Key neighborhood of Sarasota and has a WalkScore® of 63, making it somewhat walkable. This house is in the attendance area of Booker Middle School and Southside Elementary School.

Listing Courtesy of: STELLAR_MLS and STARZ REAL ESTATE, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.