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407-488-3020
Real Estate Company
551 S Washington Drive, Sarasota, FL 34236
- $9,495,000
- 9
- BD
- 9
- BA
- 5,493
- SqFt
- List Price
- $9,495,000
- Status
- Active
- Days on Market
- 391
- MLS#
- A4668634
- Property Style
- Single Family
- New Construction
- Yes
- Year Built
- 2024
- Bedrooms
- 9
- Bathrooms
- 9
- Living Area
- 5,493
- Lot Size
- 9,884
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Saint Armands Div John Ringling Estates
- Community Name
- St Armands Division
- MLS Area Major
- Sarasota
Property Description
Life on Lido Key is even better when the water and dolphins and manatee are in your backyard with St. Armands Circle is just steps from your door. Welcome to Lido Dreams, a nine-bedroom, nine-bath waterfront retreat that brings together spacious coastal living, exceptional entertaining spaces, and an established short-term rental operation. Built in 2024, this 5,500-square-foot residence offers room to gather without sacrificing privacy. All nine bedrooms feature ensuite baths, while an elevator connects the living levels for everyday convenience. The main living floor centers around an open kitchen, dining area, and inviting gathering space, complemented by a butler’s pantry and five guest suites. Upstairs, the expansive primary suite offers a separate sitting area, generous walk-in closet, and water views. Additional guest suites and a second laundry room make hosting extended stays effortless. Outside, a private heated pool and spa set the scene for afternoons at home, while the spacious rooftop deck provides another place to entertain, unwind, and enjoy the coastal surroundings. A five-car garage adds valuable space for vehicles, storage, and beach gear. Spend the morning at Lido Beach, stroll to dinner on the Circle, or enjoy a quiet evening overlooking the canal. Whether envisioned as a personal retreat, a gathering place for family and friends, or an income-producing property, Lido Dreams offers a compelling combination of location, scale, and versatility. Rental financials are available upon request. *not pictured: boat dock & deck and outdoor kitchen & shower to be included in asking price.
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Additional Information
- Taxes
- $31311
- Minimum Lease
- 1 Week
- Community Features
- No Deed Restriction
- Property Description
- Three+ Story
- Zoning
- RSF2
- Interior Layout
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Walk-In Closet(s)
- Interior Features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Walk-In Closet(s)
- Floor
- Hardwood
- Appliances
- Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
- Utilities
- Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Balcony, Lighting, Rain Gutters
- Roof
- Metal
- Foundation
- Block
- Pool
- Private
- Pool Type
- Heated, In Ground, Lighting
- Garage Carport
- 5+ Car Garage
- Garage Spaces
- 5
- Water Frontage
- Canal - Saltwater, Canal Front
- Flood Zone Code
- AE
- Parcel ID
- 2014130022
- Legal Description
- LOT 27 & SELY 5 FT OF LOT 28 BLK 10 ST ARMANDS DIV
Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630
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