540 S POLK DRIVE, Sarasota, FL 34236

• 6 beds |
• 7 baths |
• 5,331 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 7, 2026

Data Last Updated:

August 14, 2026 at 7:21AM

Listing Office:

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

Listing Agent:

Kathleen Wingate : 813-731-3332

Contact:

941-383-2500

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: CityWaterGulf/Ocean - Partial
• Fencing: FencedOther

Utilities

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

Financial

• Source: Stellar MLS
• Ownership: Fee Simple