540 S Polk Dr Sarasota, FL 34236
Lido Key NeighborhoodEstimated payment $56,633/month
Total Views
375
6
Beds
6.5
Baths
4,892
Sq Ft
$2,003
Price per Sq Ft
Highlights
- Hot Property
- New Construction
- Open Floorplan
- Southside Elementary School Rated A
- Heated In Ground Pool
- Outdoor Kitchen
About This Home
Welcome to Lido Luxe Estate, Sarasota’s Hidden Gem in Lido Key! This beautifully appointed 6-bedroom, 6.5 bathroom home offers the perfect retreat for families, groups and friends seeking a luxurious beach escape. Ideally situated just a short walk from the pristine Gulf beaches and the upscale shops and restaurants of St. Armands Circle, Lido Luxe Estate provides the ideal blend of elegance and privacy. One of the premiere island houses, Lido Luxe Estate boasts of high-end finishes in both indoor and outdoor areas. The gourmet kitchen includes a large island, coffee bar and top of the line appliances including Sub-Zero and Wolf. The large dining area offers an elegant setting for a memorable group dining experience. A built-in grill, off the kitchen in a covered balcony, completes the extraordinary culinary experience. This luxurious home includes a primary suite with a beautiful en-suite bathroom feature in a romantic backlit marble wall and a walk-in shower. There are 4 additional bedrooms with en-suite bathrooms, ensuring comfort and privacy for every guest, while the sixth bedroom features twin over queen built-in bunk beds with an en-suite bathroom ideal for the younger guests. Outdoor living is at its best at Lido Luxe Estate. The expansive backyard features a stunning heated pool and a 12-person spa with a rain curtain and customizable lighting that creates a magical evening experience. Other outdoor features include: a private putting green, ample space for such things as a pool table, ping pong, TV’s, sofas, etc., makes for an fun and relaxing atmosphere. Completing the outdoor living experience is a dining table, a bar and outdoor beverage and snack refrigerators. Sun worshipers and sunset gazers will delight in the rooftop deck providing space to take in a sunrise, sunset or just appreciate the views of the gulf and inter coastal waters, as well as the Sarasota city lights. Whether this is a second home or vacation rental the possibilities that Lido Luxe Estate offer are endless. Do not hesitate, schedule your showing today.
Listing Agent
STARZ REAL ESTATE, LLC Brokerage Phone: 941-737-7108 License #3292289
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,225
Year Built
- Built in 2025 | New Construction
Lot Details
- 9,444 Sq Ft Lot
- South Facing Home
- Property is zoned RMF2
Parking
- 4 Car Attached Garage
Home Design
- Tri-Level Property
- Block Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 4,892 Sq Ft Home
- Elevator
- Open Floorplan
- Bar Fridge
- Crown Molding
- Living Room
- Ceramic Tile Flooring
Kitchen
- Eat-In Kitchen
- Convection Oven
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Lido Beach Community
- Lido Beach Div B Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 54
- Assessor Parcel Number 2016060047
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $28,924 | $1,586,200 | $1,586,200 | -- |
| 2023 | $28,924 | $1,942,500 | $1,660,000 | $282,500 |
| 2022 | $3,143 | $232,369 | $0 | $0 |
| 2021 | $3,155 | $225,601 | $0 | $0 |
| 2020 | $3,182 | $222,486 | $0 | $0 |
| 2019 | $3,092 | $217,484 | $0 | $0 |
| 2018 | $3,036 | $213,429 | $0 | $0 |
| 2017 | $2,996 | $209,039 | $0 | $0 |
| 2016 | $2,973 | $594,800 | $468,400 | $126,400 |
| 2015 | $3,015 | $547,700 | $431,400 | $116,300 |
| 2014 | $3,007 | $198,721 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $9,800,000 | +361.2% | $2,003 / Sq Ft |
| 07/08/2022 07/08/22 | Sold | $2,125,000 | +1.2% | $1,068 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 06/05/2022 06/05/22 | For Sale | $2,100,000 | -- | $1,055 / Sq Ft |
Source: Stellar MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | None Listed On Document | |
| Warranty Deed | $2,125,000 | Najmy Thompson |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,400,000 | Construction | |
| Previous Owner | $80,000 | Credit Line Revolving | |
| Previous Owner | $400,200 | New Conventional | |
| Previous Owner | $80,000 | Unknown | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $387,500 | Negative Amortization | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $330,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $310,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4649684
APN: 2016-06-0047
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