IDX

Listed by Kathleen Wingate · Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · Agent MLS ID# MFR261506041 · Deemed reliable but not guaranteed. · Listing updated: Jun 29, 2026 · 4:02 PM

540 S POLK DR

Sarasota, Sarasota, FL, 34236

Active

$8,250,000

$1548/sqft

6Beds
7Baths
5,331Sq Ft
2025Built
142Days on Market

About this home

Incredible income potential with this premier, Florida vacation-rental property. Ideally located just steps from the coveted, white-powder, sands of Lido Beach, this high-occupancy, luxury rental home combines high-end design with exceptional income-producing potential. A resort-style sanctuary for up to twelve guests, this Sarasota property offers 9,258 of masterfully-curated, square feet. Zoned for seven-day rentals and supported by a strong rental history, the property makes an attractive opportunity for investors, families or business owners seeking both personal enjoyment and revenue generation. The outdoor living is exceptional 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. Dine under the stars with a well-appointed summer kitchen and relax after dinner on the fun putting green. The grounds offer a lush, tropical oasis with a refreshing waterfall spilling into a sparkling saltwater pool. Serene, fiber-optic lighting and the exterior music system will transform the evening while guests relax in the twelve-person spa. Multiple outdoor lounging and dining areas accommodate everything from family gatherings to corporate retreats with multiple TVs, beverage refrigerators and game spaces for pool or ping pong. Designed with entertainment in mind, the refined interior spaces come complete with a collection of premium furnishings. A Sonos multi-room audio system and 12 high-definition TVs enhance entertainment throughout the property. The chef’s kitchen offers a spacious 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 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 tile work, sleek cabinetry and under-lit vanities. 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. 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.

Facts & Features

MFRA4681449
$8,250,000
Active
6
7
6
1
5,331 sqft
0.2200
2025
Residential
Single Family Residence
Contemporary

Community Information

540 S POLK DR
Lido Beach Div B
Sarasota
Sarasota
FL
34236
No

Amenities

N/A
N/A
No
No
Yes

Interior

Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Kitchen/Family Room Combo, Thermostat, Elevator, Window Treatments, Solid Surface Counters, Built-in Features, Primary Bedroom Main Floor, Wet Bar, Dry Bar
Central, Heat Pump
Central Air
Tile
N/A
3
Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Range, Range Hood, Exhaust Fan, Bar Fridge, Tankless Water Heater, Gas Water Heater

Exterior

Rain Gutters, Sliding Doors, Lighting, Balcony, Outdoor Grill, Outdoor Kitchen
Stucco, Concrete, Wood Siding
Slab
Membrane
Fenced, Other
Landscaped, Paved, FloodZone, Flood Insurance Required

School Information

N/A
N/A
N/A

Additional Information

February 7, 2026
142
RMF2
Northeast
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. PREMIER SOTHEBY'S INTERNATIONAL REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

142 days on market

Listing updated: Jun 29, 2026 · 4:02 PM

Listed by: Kathleen Wingate · 813-731-3332—PREMIER SOTHEBY'S INTERNATIONAL REALTY · 941-383-2500

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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