540 S Polk Drive, SARASOTA, FL 34236-2037

 -  $8,250,000

MLS® # A4681449

  • 6 Bedrooms
  • 7 Bathrooms
  • 5,331 SQ. Feet
  • 2025 Year Built

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.

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Price Change History for 540 S Polk Drive, SARASOTA, FL (MLS® #A4681449)

Date Details Change
Price Reduced from $8,650,000 to $8,250,000 $400,000 (4.62%)

Property

Location

  • NeighborhoodLIDO BEACH DIV B
  • Address540 S Polk Drive
  • CitySARASOTA
  • StateFL

Size And Restrictions

  • Acres0.22
  • Lot DescriptionFlood Insurance Required, FloodZone, Landscaped

Improvements

  • FenceNo
  • SprinklerNo

Features

  • ViewCity, Water

Market

Interior

Bedrooms And Bathrooms

  • Bedrooms6
  • Bathrooms7.00

Heating And Cooling

  • HeatingCentral, Heat Pump
  • Air ConditioningCentral Air

Interior Features

  • AppliancesBar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • FeaturesBuilt-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

Building

Building Information

  • Year Built2025
  • # Of Stories3
  • RoofMembrane

Property Features

  • Exterior FeaturesBalcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors

Garage And Parking

  • GarageDriveway, Garage Door Opener, Oversized, Split Garage

Info

  • OfficePREMIER SOTHEBY'S INTERNATIONAL REALTY

Map & Directions

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 16th, 2026 at 8:53pm EDT.

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