540 S POLK DRIVE, Sarasota, FL, 34236 | $9,800,000
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.
Features
- Rooms: 3
- Bedrooms: 6
- Baths: 6 full / 1 half
- Laundry: Inside
- Year Built: 2025
- Garage: 4-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 4,892
- Acreage: 0.22
- Est. Taxes: $23,225
- Pool: Heated, In Ground, Other, Salt Water
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4649684
- Days on Market: 6 days
- Website: https://www.raveis.com
/eprop/A4649684/540spolkdrive_sarasota_fl?source=qrflyer
Listing courtesy of STARZ REAL ESTATE, LLC Phone: 941-737-7108
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
540 S POLK DRIVE, Sarasota, FL, 34236
$9,800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $7,840,000 | $7,840,000 | $7,840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.861% | 6.739% | 6.560% |
| Monthly Tax Payment | $1,935 | $1,935 | $1,935 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $47,637 | $50,200 | $67,757 |
| Total Monthly Payment | $49,697 | $52,260 | $69,817 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388