540 S POLK DRIVE, Sarasota, FL 34236

• 6 beds |
• 7 baths |
• 5,331 sqft

Property Description

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 Status:

Active

Date Added:

February 7, 2026

Data Last Updated:

May 13, 2026 at 7:21AM

Listing Office:

PREMIER SOTHEBY'S INTERNATIONAL REALTY : 941-383-2500

Listing Agent:

Kathleen Wingate : 813-731-3332

MLS ID:

A4681449

Interior

• General: Built-in FeaturesCeiling Fans(s)Dry BarElevatorKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomThermostatWalk-In Closet(s)Wet BarWindow Treatments
• Rooms: Bonus RoomDen/Library/OfficeFlorida RoomFormal Dining Room SeparateGreat RoomInside UtilityMedia Room
• Appliances: Bar FridgeDishwasherDryerExhaust FanGas Water HeaterIce MakerMicrowaveRangeRange HoodRefrigeratorTankless Water HeaterWasher
• Laundry: Laundry Room
• Flooring: Tile
• A/C: Central Air
• Heating: CentralHeat Pump
• Eco/Green Feature: AppliancesDoorsThermostatWindows

Exterior

• General: BalconyLightingOutdoor GrillOutdoor KitchenRain GuttersSliding DoorsHeated
• Style: Contemporary
• Other Structures: Outdoor KitchenDeckCovered
• Pool: Chlorine FreeDeckFiber Optic LightingGuniteHeatedIn GroundLightingSalt Water
• Parking: DrivewayGarage Door OpenerOversizedGarage

Construction

• Roofing: Membrane
• Windows: Insulated WindowsStorm Window(s)Window Treatments
• General: ConcreteStuccoWood SidingThree Or MoreSlab

Location

• Road/Access: AsphaltPaved
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RMF2LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/1502016060047
• View: CityWater
• Fencing: FencedOther

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple