551 S WASHINGTON DR, Sarasota, FL 34236
551 S WASHINGTON DR, Sarasota, FL 34236
551 S WASHINGTON DR, Sarasota, FL 34236
551 S WASHINGTON DR, Sarasota, FL 34236
551 S WASHINGTON DR, Sarasota, FL 34236
551 S WASHINGTON DR, Sarasota, FL 34236
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$ 9,495,000
Est. payment | /mo

9 Beds

9 Baths

5,493 SqFt


$ 9,495,000
Est. payment | /mo

9 Beds

9 Baths

5,493 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,493 sqft

Price per Sqft $1,728

Subdivision Saint Armands Div John Ringling Estates

MLS Listing ID A4668634

Bedrooms 9

Full Baths 9

Construction Status Completed

HOA Y/N No

Year Built 2024

Annual Tax Amount $31,311

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Welcome to Lido Dreams, an exquisite 5,500 square foot luxury retreat nestled in the vibrant heart of St. Armands Circle on Lido Key. This brand-new masterpiece boasts 9 spacious bedrooms and 9 luxurious bathrooms, making it the ideal sanctuary for families or groups seeking both comfort and style. With a private pool, relaxing hot tub, and expansive outdoor living areas, Lido Dreams harmoniously blends modern elegance with the laid-back charm of coastal living.

As you step inside, you'll be greeted by a grand private foyer that sets the tone for the sophistication that awaits. An elevator and stylish stairway provide seamless access to the main living spaces, ensuring that your experience is as convenient as it is enjoyable. The oversized garage accommodates up to five vehicles, providing ample space for parking and storage, perfect for those who love to explore the surrounding area.

On the second floor, you'll find the heart of the home, designed for gatherings and celebrations. The spacious living room invites you to unwind, while the bright dining area and chef's kitchen create a welcoming hub for shared meals and memorable moments. With five beautifully appointed bedrooms on this level, each featuring its own ensuite bathroom, your guests will enjoy the perfect balance of privacy and comfort. A well-equipped butler's pantry and one of two laundry rooms enhance the functionality of this floor, making it as practical as it is luxurious.

Venture to the third floor, where the expansive primary suite offers a private sanctuary. Complete with its own living area, an extra-large bedroom, dual bathroom vanities, and a grand walk-in closet, this suite is designed for relaxation and rejuvenation. Picture yourself enjoying breathtaking views of playful manatees and dolphins from the comfort of your extraordinary owner's suite. Additional bedrooms, each with ensuite baths, ensure that every guest feels at home, with a second laundry room conveniently located on this level for added ease.

Ascending to the rooftop, you will discover an open-air living space that redefines outdoor entertaining. This large rooftop deck invites you to savor morning coffee under the sun, enjoy sunset cocktails with friends, or indulge in stargazing on a clear night. It's the ultimate backdrop for unforgettable moments, whether you're hosting a gathering or simply soaking in the serene surroundings.

From sunlit gathering spaces to tranquil private retreats, Lido Dreams strikes the perfect balance between togetherness and solitude. Set in an unbeatable location just steps away from shopping, dining, and the pristine beach, this property embodies the essence of luxury living on Lido Key. Currently operating as a successful short-term rental with impressive bookings, Lido Dreams offers not just a home but an opportunity for a thriving investment. Financials are available upon request, making this an enticing prospect for discerning buyers. Don't miss your chance to own this exceptional piece of paradise! *not pictured: boat dock & deck and outdoor kitchen & shower to be included in asking price.

Location

State FL

County Sarasota

Community Saint Armands Div John Ringling Estates

Area 34236 - Sarasota

Zoning RSF2

Interior

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)

Heating Central

Cooling Central Air

Flooring Hardwood

Fireplace false

Appliance Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer

Laundry Inside, Laundry Room

Exterior

Exterior Feature Balcony, Lighting, Rain Gutters, Sliding Doors

Garage Spaces 5.0

Pool Heated, In Ground, Lighting

Utilities Available Public

Waterfront Description Canal - Saltwater,Canal Front

Roof Type Metal

Attached Garage true

Exposure East

Garage true

Private Pool Yes

Building

Entry Level Three Or More

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction true

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4668634

Stellar MLS
Listed by Tina Ellis COMPASS FLORIDA LLC

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Arts & Entertainment
Food
Beauty
Nightlife
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
Local Events & Flavor
  • Cafe L’Europe

    431 St Armands Cir, Sarasota, FL 34236

    Burgers Phone: 941-388-4415

  • Charlies Crab

    420 Saint Armands Cir, Sarasota, FL 34236

    Phone: 941-388-3964

  • Tommy Bahama Restaurant & Bar - Sarasota

    300 John Ringling Blvd, Sarasota, FL 34236

    American (New) Phone: 941-388-2888

  • Taste of Italy

    322 John Ringling Blvd, Sarasota, FL 34236

    Pizza Phone: 941-388-1442

  • Circle Deli & Diner

    19 N Blvd of Presidents, Sarasota, FL 34236

    Delis Phone: 941-388-2110

  • Cafe Galante

    419 Saint Armands Cir, Sarasota, FL 34236

    Mediterranean Phone: 941-388-2222

  • Green Zebra Cafe

    476 John Ringling Blvd, Sarasota, FL 34236

    Vegan Phone: 941-388-2848

  • Columbia Restaurant, St. Armands Circle,Sarasota,FL

    411 St. Armands Cir, Sarasota, FL 34236

    Phone: 941-388-3987

  • Madison Avenue Cafe and Deli

    28 N Blvd of Presidents, Sarasota, FL 34236

    Cafes Phone: 941-388-3354

  • New Pass Grill Restaurant

    11-19 Boulevard of the Presidents, Sarasota, FL 34236

    Fish & Chips Phone: 941-388-3119

  • Daiquiri Deck

    325 John Ringling Blvd, Sarasota, FL 34236

    American (New) Phone: 941-388-3325

  • Cha Cha Coconuts

    417 Saint Armands Cir, Sarasota, FL 34236

    American (New) Phone: 941-388-3300

  • La Malinche

    40 S Blvd of Presidents, Sarasota, FL 34236

    Mexican Phone: 941-388-4444

  • Crab & Fin

    420 St. Armands Cir, Sarasota, FL 34236

    Seafood Phone: 941-388-3964

  • Surf Shack

    326 John Ringling Blvd, Sarasota, FL 34236

    Seafood Phone: 941-960-1122

  • Columbia Restaurant

    411 St Armands Cir, Sarasota, FL 34236

    Spanish Phone: 941-388-3987

  • Hungry Fox

    419 Saint Armands Cir, Sarasota, FL 34236

    Phone: 941-388-2222

  • St Armonds Restaurants

    St Armonds Cir, Sarasota, FL 34236

    American (Traditional)

  • Gol-Let Enterprises

    431 Saint Armands Cir, Sarasota, FL 34236

    Phone: 941-388-4415

  • Shore Diner

    465 John Ringling Blvd, Sarasota, FL 34236

    Seafood Phone: 941-296-0301

  • Blue Dolphin Cafe

    470 John Ringling Blvd, Sarasota, FL 34236

    Breakfast & Brunch Phone: 941-388-3566

  • La Creperie Caffe

    419 st Armands Cir, Sarasota, FL 34236

    Coffee & Tea Phone: 941-960-2054

  • Lido Grille

    472 John Ringling Blvd, Sarasota, FL 34236

    Seafood Phone: 941-388-0155

  • Le Colonne

    22 S Blvd of Presidents, Sarasota, FL 34236

    Italian Phone: 941-388-4348

  • Blu Kouzina

    25 N Blvd Of Presidents, Sarasota, FL 34236

    Greek Phone: 941-388-2619

  • Venezia

    373 St Armands Cir, Sarasota, FL 34236

    Pizza Phone: 941-388-1400

  • The Terrace at Surf Shack

    328 John Ringling Blvd, Sarasota, FL 34236

    Piano Bars Phone: 941-960-1151

  • 15 South Ristorante Enoteca

    15 S Blvd of the Presidents, Sarasota, FL 34236

    Italian Phone: 941-388-1555

  • Pasta Mania

    22 N Blvd of Presidents, Sarasota, FL 34236

    Italian Phone: 941-388-9809

  • Lynches Pub & Grub

    19 N Blvd of the Presidents, Sarasota, FL 34236

    Pubs Phone: 941-388-5550

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551 S WASHINGTON DR

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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