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SARASOTA, FL 34236 551 S WASHINGTON DRIVE

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Presented By: COMPASS FLORIDA LLC with 941-279-3630. - 941-279-3630
  • MLS# A4668634
  • 10/15/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 9
  • SQFT • 5,493
  • Garage • 5

Home Details

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.
Presented By: COMPASS FLORIDA LLC with 941-279-3630. - 941-279-3630

Interior Features for 551 S WASHINGTON DRIVE

Bedrooms

Total Bedrooms9

Bathrooms

Half Baths0
Total Baths9

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringengineered hardwood
Heating Y/NYes
Interior Amenitiesbuilt-in features, ceiling fan(s), eating space in kitchen, elevator, high ceilings, kitchen/family room combo, l dining, living room/dining room combo, open floorplan, primarybedroom upstairs, walk-in closet(
Laundry Featuresinside, laundry room

General for 551 S WASHINGTON DRIVE

Additional Parcels Y/NNo
Appliancesbuilt-in oven, dishwasher, disposal, dryer, electric water heater, freezer, ice maker, microwave, range hood, refrigerator, washer
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock
Coolingcentral air
Countysarasota
Directionstamiami n, merge onto gulfstream ave, at st armand, 2nd exit, left on washington dr.
Facing Directioneast
Flood Zone Codeae
Full Baths9
Garage Spaces5
Garage Y/NYes
HOANo
Heatingcentral
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlot 27 & sely 5 ft of lot 28 blk 10 st armands div
Levelsthree or more
Living Area Unitssquare feet
Lot Size Square Feet9884
Lot Size Unitssquare feet
MLS Area34236 - sarasota
Minimum Lease1 week
ModificationTimestamp2025-10-16t11:52:17.027z
New ConstructionYes
Occupancy Typetenant
Ownershipfee simple
Pool Featuresheated, in ground, lighting
Property Conditioncompleted
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesaint armands div john ringling estates
Tax Annual Amount31311.51
Tax Lot27
Tax Year2024
Total Rooms5
Utilitiespublic
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Featurescanal - saltwater, canal front
Year Built2024
Zoningrsf2

Exterior for 551 S WASHINGTON DRIVE

Building Area Total6400
Covered Spaces5
Exterior Amenitiesbalcony, irrigation system, lighting, rain gutters, sliding doors
Foundation Detailsblock
Lot Size Acres0.23
Lot Size Area9884
Private PoolYes
Road Surface Typeconcrete
Water Sourcepublic
Waterfront Y/NYes

Additional Details

Price History

Steven Silcock

Broker Owner
Price $9,495,000
MLS#A4668634
List Date 10/15/2025
Property Type Single Family
Phone 407.574.0218
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Request Info
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