551 S WASHINGTON DR, Sarasota, FL 34236
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551 S WASHINGTON DR, Sarasota, FL 34236,Video Tour
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
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551 S WASHINGTON DR Sarasota, FL 34236

9 Beds

9 Baths

5,493 SqFt


UPDATED:

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

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.

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

Garage Spaces 5.0

Pool Heated, In Ground, Lighting

Utilities Available Public

Waterfront Description Canal - Saltwater,Canal Front

View Y/N No

Water Access No

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

Level or Stories Three Or More

Structure Type Block

New Construction true

Construction Status Completed


Stellar MLS
Listed by Tina Ellis COMPASS FLORIDA LLC

NEARBY SCHOOL & BUSINESS

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Marlon Persaud

Marlon Persaud

Agent License ID: SL3362985

+1(407) 760-9778

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551 S WASHINGTON DR