new - 4 days on rocket

551 S Polk Dr, Sarasota, FL, 34236

$3,749,000

3 Bedrooms
2 Full Baths, 1 Partial
2,565 SqFt
$1,462/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built1979
HeatingElectric
CoolingCentral Air
WaterfrontCanal
ViewWater
Private PoolYes
MLS #A4632136
Lot Size0.23 Acres
StatusActive

About 551 S Polk Dr

Discover the ultimate blend of coastal elegance and modern design in this fully remodeled 3 bedroom, 3 bathroom home located just steps from the sandy shores of Lido Beach and the world-famous St. Armand’s Circle. Imagine morning strolls on the beach, afternoons exploring boutique shops, and evenings savoring fine dining, all within walking distance from your doorstep. A home designed for effortless living, step inside this elevated 2,600 square foot retreat and be greeted by a light-filled, open concept floor plan that invites comfort and style. The professionally designed interiors feature a chef’s kitchen with Thermador appliances, a large island, and cozy eat in area perfect for gatherings. The primary suite is a sanctuary in itself, boasting an oversized walk-in-closet and spa-inspired bathroom. Two additional bedrooms share a beautifully updated guest bath, ensuring space and privacy for all. The thoughtful design extends outdoors to a brand new Travertine lanai showcasing a heated pool and spa, surrounded by an expansive terrace and stunning canal views. There is also a gas fire pit where you can enjoy our world famous sunsets! Watch dolphins, manatees, and fish glide through the water from your private dock with a 66 foot newly capped seawall and 4,000 pound boat lift – a boater’s paradise. Move in ready, with peace of mind as this home is packed with modern upgrades including updated mechanical systems, on demand hot water tank, hurricane-rated sliders and windows, a durable metal roof with new gutters, storm rated garage door with ac system, and a new front walkway and driveway with a sprinkler system. Best of all, this home sustained no damage from recent storms. Property is a quick drive to downtown Sarasota, fine dining, entertainment, and the International Sarasota Airport. The property is offered fully furnished with high end pieces, making your move seamless. Don’t miss this rare opportunity. Whether you’re seeking a permanent residence or a vacation retreat, this coastal contemporary gem delivers it all.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Contemporary, Ranch
  • Year Built: 1979
  • Living Area: 2,565 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Nicholle McKiernan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Central Vaccum, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 551 S Polk Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Private
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Thank you for showing.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,749,000
  • Price Per SqFt: $1,462/SqFt

Tax Information:

  • Annual Amount: $22,581
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.6K

Med. Price/SqFt

$301

Avg. Days On Market

62

# of Sold Homes

401

551 S Polk Dr vs Sarasota

4 DAYS ON ROCKET

-58 Days

$3,749,000

+$3.2M More

$1,462/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $1.1K/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4632136

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Nicholle McKiernan

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2017Home Sold
$1,260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$22,581$1,386,500
2019$21,589$1,327,700
2018$19,277$1,178,700
2017$8,011$506,394

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-420746
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.66 miles

  • Public District Grades PK-5

school-card-donut-420747
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 3.48 miles

  • Public District Grades PK-5

school-card-donut-420748
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 3.49 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,763. The most common annual income of people living in Sarasota, FL is $200k+. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 S Polk Dr

What is the listing price of this property?

The listing price of 551 S Polk Dr property is $3,749,000.

What type of property is this?

The property 551 S Polk Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 551 S Polk Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $22,581 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2017 for $1,260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 S Polk Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 S Polk Dr is 2,565 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 S Polk Dr is 1979.
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Rocket HomesFloridaSarasota CountySarasota34236551 S Polk Dr

This home is located at 551 S Polk Dr in Sarasota, FL and zip code 34236 in the Lido Key neighborhood. This 2,565 square foot home, which was built in 1979, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $3,749,000.

While more than 18 listings in Sarasota, FL in December 2024 were sold above asking price, there were more than 76 listings sold at asking price, and more than 307 were sold below. Between November 2024 and December 2024, Sarasota, FL real estate market has seen increase in the number of listings by 8.9%. The median list price of listings available in December 2024 was $513,637, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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