$8,250,000

540 S Polk Drive, Sarasota, FL 34236

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$8,250,000

(400,000) 05/29/2026

540 S Polk Drive Sarasota, FL 34236

For Sale MLS# A4681449

6 beds 7 baths 5,331 sq ft Single Family

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Data current as of 30/05/2026 12:19:18

Details for 540 S Polk Drive

MLS# A4681449

Description for 540 S Polk Drive, Sarasota, FL, 34236


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.

Listing Information


Property Type: Residential, Single Family Residence

Status: Active

Bedrooms: 6

Bathrooms: 7

Lot Size: 0.22 Acres

Square Feet: 5,331 sq ft

Year Built: 2025

Garage: Yes

Stories: 3 Story

Construction: Concrete,Stucco,Wood Siding

Construction Display: New Construction

Subdivision: Lido Beach Div B

Foundation: Slab

County: Sarasota

Construction Status: New Construction

Room Information


Upper Floor

Dining Room: 15x32

Den: 10x16

Family Room: 16x38

Porch: 14x17

Kitchen: 15x16

Great Room: 20x17

Bedroom 5: 13x12

Bedroom 4: 16x13

Bedroom 3: 12x14

Bedroom 2: 13x14

Bedroom 1: 12x14

Primary Bedroom:

Bathrooms

Full Baths: 6

1/2 Baths: 1

Additonal Room Information

Laundry: Laundry Room

Interior Features


Appliances: Ice Maker, Exhaust Fan, Bar Fridge, Tankless Water Heater, Gas Water Heater, Washer, Range Hood, Range, Refrigerator, Microwave, Dishwasher, Dryer

Flooring: Porcelain Tile

Doors/Windows: Window Treatments, Storm Window(s), Insulated Windows

Additional Interior Features: Wet Bar, Split Bedrooms, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Elevator, Solid Surface Counters, Wood Cabinets, Kitchen/Family Room Combo, Open Floorplan, Built-in Features, Separate/Formal Dining Room, Dry Bar, Main Level Primary

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Connected

Cooling: Ceiling Fan(s), Central Air

Heating: Heat Pump, Central

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 4

Parking Description: driveway, Oversized, Garage Door Opener, Garage

Roof: Membrane

Pool: In Ground, Salt Water, Gunite, Heated

Lot View: City,Ocean,Water

Fencing: Other, fenced

Additional Exterior/Lot Features: Sprinkler/Irrigation, Outdoor Grill, Rain Gutters, Balcony, Outdoor Kitchen, Lighting, Balcony, Covered, Deck, Landscaped, Flood Zone

Out Buildings: Outdoor Kitchen

Waterfront Details


Water Front Features: Gulf Access, Beach Access

Community Features


Security Features: Security System, Smoke Detector(s), Closed Circuit Camera(s)

Driving Directions


WEST 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.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 2016060047

Tax Amount: 20946

Tax Year: 2025

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 540 S Polk Drive

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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