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    540 Polk Drive
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    PRICED AT ONLY: $8,650,000

    Address: 540 Polk Drive, SARASOTA, FL 34236

    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 Sarasotas dining, arts and entertainment, this residence offers the rare combination of luxury living, strong rental income and exceptional appeal for families, executives or investors.
    Payment Calculator
    •   Principal & Interest -
    •   Property Tax $
    •   Home Insurance $
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    • MLS#: A4681449 ( Residential )
    • Street Address: 540 Polk Drive
    • Viewed: 51
    • Price: $8,650,000
    • Price sqft: $934
    • Waterfront: No
    • Year Built: 2025
    • Bldg sqft: 9258
    • Bedrooms: 6
    • Total Baths: 7
    • Full Baths: 6
    • 1/2 Baths: 1
    • Garage / Parking Spaces: 4
    • Days On Market: 90
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
    • Fencing: Fenced, Other
    • Flooring: Tile
    • Living Area: 5331.00
    • Other Structures: Outdoor Kitchen
    • Roof: Membrane
    Property Information
    • Property Condition: Completed
    Land Information
    • Lot Features: Flood Insurance Required, FloodZone, Landscaped, Paved
    Garage and Parking
    • Garage Spaces: 4.00
    • Open Parking Spaces: 0.00
    • Parking Features: Driveway, Garage Door Opener, Oversized, Garage
    Eco-Communities
    • Green Energy Efficient: Appliances, Doors, Thermostat, Windows
    • Pool Features: Chlorine Free, Deck, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Salt Water
    • Water Source: Public
    Utilities
    • Carport Spaces: 0.00
    • Cooling: Central Air
    • Heating: Central, Heat Pump
    • Pets Allowed: Yes
    • Sewer: Public Sewer
    • Utilities: Electricity Connected
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Tax Year: 2025
    Other Features
    • Appliances: Bar Fridge, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Country: US
    • Furnished: Furnished
    • Interior Features: Built-in Features, Ceiling Fans(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
    • Legal Description: LOT 1 LIDO BEACH DIV B RESUB OF BLKS 17 THRU 27 BLK 54 OR 2397/150
    • Levels: Three Or More
    • Area Major: 34236 - Sarasota
    • Occupant Type: Vacant
    • Parcel Number: 2016060047
    • Style: Contemporary
    • View: City, Water
    • Views: 51
    • Zoning Code: RMF2

    Contact Info

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