423 South Polk Drive

Sarasota, FL 34236

$5,595,000
Price
4
Beds
4
Baths
3,890 Sq. Ft.
$1,438 / Sq. Ft.
3,890
Sq. Ft.
$1,438
per Sq. Ft.

Description

Embrace the allure of location, where every day feels like a vacation in this waterfront gem on Lido Key. This residence offers an enticing mix of elegance and practicality, catering to your desires for an idyllic island sanctuary, a family retreat or a lucrative rental investment (conservative estimate of rental income in excess of $350,000). Strategically positioned to take advantage of the waterfront experience, the property boasts a newer dock and boat lift and will facilitate effortless adventures...Embrace the allure of location, where every day feels like a vacation in this waterfront gem on Lido Key. This residence offers an enticing mix of elegance and practicality, catering to your desires for an idyllic island sanctuary, a family retreat or a lucrative rental investment (conservative estimate of rental income in excess of $350,000). Strategically positioned to take advantage of the waterfront experience, the property boasts a newer dock and boat lift and will facilitate effortless adventures with your boat, jet ski, kayak or paddleboard — all a mere skip away from the renowned mangrove tunnels and pristine sands of Lido Key Beach. Alternatively, indulge in the sun-soaked Florida lifestyle by basking in the waterfront pool with spacious paver deck and hot tub or on the enormous roof deck with endless views of the Gulf and its ever-changing sunsets, as well as the Downtown Sarasota skyline. Built like a fortress with stainless steel and high-strength concrete construction, the home is also designed for comfortable living, with the first living area offering an open kitchen concept with stainless steel appliances, ample cabinetry and concrete countertops that seamlessly merge into the dining room and great room. Each of the four bedrooms is a sanctuary with its own bathroom and terrace access, offering vistas of the beach and Gulf. The second living area, conveniently offering a kitchenette and second great room, opens to a sprawling terrace overlooking the pool and waterfront, perfect for entertaining and leisurely gatherings. Ample storage, a heated saltwater pool and multiple laundry facilities ensure comfort and convenience. A 4-stop stainless steel elevator, over 3,000 square feet of outdoor spaces, including the entire roof, an automated front gate and a well-equipped dock with a 10,000-pound lift and twin floating jet ski docks are just a few of the amenities. This waterfront haven rests on a serene street on Lido Key, a short walk to iconic St. Armand’s Circle and minutes to downtown Sarasota, Sarasota/Bradenton airport, Longboat Key and the vibrant Sarasota lifestyle. Do not miss this chance to claim your slice of paradise!
  1. Listed by Joel Schemmel • PREMIER SOTHEBYS INTL REALTY

Property Details for 423 South Polk Drive

Architectural Style
Contemporary
Subdivision Name
LIDO BEACH DIV B JOHN RINGLING ESTATES 03
Township
36
Garage Spaces
2
View
City, Water
Waterfront
Yes
Water View
Canal, Gulf/Ocean - Partial
Furnished
Unfurnished

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Joel Schemmel
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LISTING UPDATED: 03/05/2024 09:32 PM

Property Details for 423 South Polk Drive

StatusActive
MLS #A4593442
Days on Market145
Taxes$47,569 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2019
Lot Size0.25 AC / 10,987 SF
CountySarasota County

Location

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Joel Schemmel
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Virtual Tour

Building Information for 423 South Polk Drive

Stories3Year Built2019Building Size-Lot Size0.25 AC / 10,987 SF

Payment Calculator

$34,498 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,534

Property Taxes

$3,964

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 423 South Polk Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 9718.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: John Ringling Causeway to Left on Washington Dr. to Left on S. Blvd of the Presidents to Right on Polk.
  • Elementary School: Southside Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Lido Beach
  • Unit Number: No
  • Street Number: 423
  • Street Direction Prefix: S
  • Street Name: POLK
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Garage Door Opener
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Pet Restrictions: None
  • Tax Block: 50
  • Tax Book Number: 2-207
  • Tax Legal Description: LOT 9 & THAT PART OF LOT 8 DESC AS THAT PART OF LOT 8 LYING WLY OF A LINE DRAWN FROM A PT ON NLY BDRY OF SAID LOT WHICH PT IS 9.7 FT ELY FROM NWLY COR THEREOF TO A PT ON SLY BDRY OF SAID LOT WHICH PT IS 12.2 FT ELY FROM SW COR THEREOF BLK 50 LIDO BEACH DIV B SUB OF BLKS 50 57 59 THRU 63 PLAT 3 JOHN RINGLING ESTATES INC, BEING SAME LANDS AS DESC IN ORI 2020181815
  • Tax Lot: 9
  • Tax Year: 2022
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Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 2016030001
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Beach, Canal - Saltwater, Gulf/Ocean
  • Water Access: Yes
  • Water Extras: Lift, Seawall - Concrete
  • Water Extras: Yes
  • Water: Lift, Seawall - Concrete
  • Water Frontage Feet Canal Salt: 62
  • Zoning: RSF2
  • Living Area: 3890
Property and Assessments
  • Year Built Numeric: 2019
  • Accessibility Features: Accessible Elevator Installed
  • Building Elevator: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0129F
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 35
  • Dock YN: Yes
  • Dock Description: Dock - Composite, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift
  • Dock Lift Capacity: 10000
  • Dock Dimensions: 6x34
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Balcony, Lighting, Outdoor Shower, Sliding Doors
  • Fencing: Fenced
  • Foundation Details: Stem Wall
  • Levels: Three Or More
  • Patio And Porch Features: Deck
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Salt Water
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Membrane
  • Spa: No
  • Vegetation: Mature Landscaping
  • Waterfront Features: Canal - Saltwater
  • Waterfront Feet Total: 62
  • Number Of Stories: 3
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 4
  • Additional Rooms: Storage Rooms
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Concrete
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 11.0
  • Water View: Yes
  • Window Features: Blinds
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 21x22
  • Room Features 1: Ceiling Fan(s)
  • Room Flooring 1: Concrete
  • Room Length 1: 22.0
  • Room Level 1: Third
  • Room Type 1: Great Room
  • Room Width 1: 21.0
Room 2
  • Room Dimensions 2: 13x18
  • Room Features 2: Breakfast Bar, Ceiling Fan(s), Island
  • Room Flooring 2: Concrete
  • Room Length 2: 18.0
  • Room Level 2: Third
  • Room Type 2: Kitchen
  • Room Width 2: 13.0
Room 3
  • Room Dimensions 3: 14x19
  • Room Features 3: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 3: Concrete
  • Room Length 3: 19.0
  • Room Level 3: Third
  • Room Type 3: Primary Bedroom
  • Room Width 3: 14.0
Room 4
  • Room Dimensions 4: 13x14
  • Room Features 4: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 4: Concrete
  • Room Length 4: 14.0
  • Room Level 4: Third
  • Room Type 4: Bedroom 2
  • Room Width 4: 13.0
Room 5
  • Room Features 5: Dual Sinks, Rain Shower Head, Tub with Separate Shower Stall, Water Closet/Priv Toilet
  • Room Flooring 5: Concrete
  • Room Level 5: Third
  • Room Type 5: Primary Bathroom
Room 6
  • Room Features 6: Rain Shower Head, Single Vanity, Tub with Separate Shower Stall, Water Closet/Priv Toilet
  • Room Flooring 6: Concrete
  • Room Level 6: Third
  • Room Type 6: Bathroom 2
Room 7
  • Room Dimensions 7: 21x22
  • Room Features 7: Ceiling Fan(s)
  • Room Flooring 7: Concrete
  • Room Length 7: 22.0
  • Room Level 7: Second
  • Room Type 7: Family Room
  • Room Width 7: 21.0
Room 8
  • Room Dimensions 8: 14x19
  • Room Features 8: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 8: Concrete
  • Room Length 8: 19.0
  • Room Level 8: Second
  • Room Type 8: Primary Bedroom
  • Room Width 8: 14.0
Room 9
  • Room Dimensions 9: 13x14
  • Room Features 9: Ceiling Fan(s), En Suite Bathroom
  • Room Flooring 9: Concrete
  • Room Length 9: 14.0
  • Room Level 9: Second
  • Room Type 9: Bedroom 4
  • Room Width 9: 13.0
Room 10
  • Room Features 10: Dual Sinks, Rain Shower Head, Tub with Separate Shower Stall, Water Closet/Priv Toilet
  • Room Flooring 10: Concrete
  • Room Level 10: Second
  • Room Type 10: Primary Bathroom
Room 11
  • Room Features 11: Rain Shower Head, Single Vanity, Tub with Separate Shower Stall, Water Closet/Priv Toilet
  • Room Flooring 11: Concrete
  • Room Level 11: Second
  • Room Type 11: Bathroom 4
Rental
Rental Information
  • Days Notice To Tenant If Not Ren: 60 days
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 423 South Polk Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 423 South Polk Drive

Taxable ValueLand$2,098,000Additions$1,777,000Total$3,875,000
Tax Record2023$58,026 ($4,836 / month)
Home Facts
Beds4Baths4Total Finished SqFt1,742 SqFtAbove Grade Finished SqFt1,742 SqFtStories4Lot Size10,987 SqFtStyleSingle Family ResidenceYear Built2019ZoningRSF2CountySARASOTAAPN2016-03-0001

Schools near 423 South Polk Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 6 to 12
Charter - 6 to 8
Rating
School
Distance
Southside Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Sarasota Military Academy
Charter6 to 12

Sarasota School Of Arts/Sciences
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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423 South Polk Drive is a single family home for sale in Sarasota, FL 34236. This property was listed for sale on December 29, 2023 by PREMIER SOTHEBYS INTL REALTY, it's currently listed at $5,595,000. It has been on the market for a total of 145 days and was last sold on August 24, 2022. This listing's school district is Sarasota. Nearby schools include Southside Elementary School, Booker Middle School and Sarasota Military Academy. 423 South Polk Drive is a 4-bed, 4-bath, 3,890 sqft single family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of PREMIER SOTHEBYS INTL REALTY, Joel Schemmel

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.