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Listing Details for MLS #A4649684 - 540 S Polk Drive, Sarasota, Fl 34236

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Residential Property - Single Family Residence in Sarasota

Listing Price: $10,900,000Days on Market: 59

Description of Property

3 Lots are part of this listing for over 1/2 acre on Lido Key! Additional lots adjecent to and behind new home is perfect for a larger private yard and garden or to build guest houses. One of the lots is already cleared.The second lot is expected to be razed and cleared with the next 30 days.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.The average asking price for a 6 bedroom/6 bath single family residence in this Zip code is $6,460,000. This single family residence is listed at about 169% of the average asking price. This is the only 6 bedroom/6 bath single family residence between $9,800,000 and $12,000,000 currently listed for sale in this Zip code.

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Property Details At A Glance

  • Virtual Tour

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Lido Beach Div B
Bedrooms: 6
Bathrooms: 6
Half Baths: 1
Sq. Ft. Gross: 9,515
Sq. Ft. Living Area: 4,892
Cost per (heated) sqare foot: $2,228
Year built: 2025
Annual Tax: $23,225

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features: Solid Surface Counters
Appliances: Wine Refrigerator

Flooring: Ceramic Tile

Laundry Features: Inside

Pool & Waterfront Info

Private Pool: Yes
Pool Features: Salt Water

Exterior & Construction

Construction: Block
Foundation: Block
Roof: Metal
Exterior Features: Outdoor Kitchen
Garage: Yes
Garage Spaces: 4
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:

Utilities: Electricity Connected
Sewer: Public Sewer
Water Source: Public

Lot Information

Lot Size (acres): 0.53
Lot Size (sq. ft.): 23,334 square feet
Front Exposure: South
Additional Parcels: Yes
Additional Parcels Description: 2016060044, 2016060043

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 2016060047
Zoning: RMF2
New Construction: Yes
Tax Legal Desc.: LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150, LOT 2 BLK 54 LIDO BEACH DIV B RESUB OF BLKS 51 THRU 55 & 58 PLAT 3 JOHN RINGLING ESTATES INC, LOT 3 BLK 54 LIDO BEACH DIV B RESUB OF BLKS 51 THRU 55 & 58 PLAT 3 JOHN RINGLING ESTATES INC
Section: 35
Range: 17

Map

 

Listing courtesy of STARZ REAL ESTATE, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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