4 months on rocket

423 S Polk Dr, Sarasota, FL, 34236

$5,595,000

4 Bedrooms
4 Full Baths
3,890 SqFt
$1,438/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built2019
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal
ViewCity, Water
Private PoolYes
MLS #A4593442
Lot Size0.25 Acres
StatusActive

About 423 S Polk Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2019
  • Stories: 3
  • Living Area: 3,890 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Flooring Type: Concrete
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: City, Water
  • Exterior: Balcony, Lighting, Outdoor Shower, Sliding Doors

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 423 S Polk Dr

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: John Ringling Causeway to Left on Washington Dr. to Left on S. Blvd of the Presidents to Right on Polk.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,595,000
  • Price Per SqFt: $1,438/SqFt

Tax Information:

  • Annual Amount: $27,757
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

423 S Polk Dr vs Sarasota

124 DAYS ON ROCKET

+62 Days

$5,595,000

+$5.0M More

$1,438/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $5.0M 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: #A4593442

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

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 2024 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 1:19:22 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

Sep 24, 2015Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$27,757$1,747,506
2019$13,037$856,800
2018$12,858$842,836
2017$12,708$825,500

History based on county public records data.

Payment Calculator

$27.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.8K

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.

Elementary School

school-card-donut-4199755
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4199756
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 4.94 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4199757
3
/10
  • Booker High School

  • 3201 N Orange Ave

  • 4.12 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,763. Residents of Sarasota, FL typically earn $200k+ each year. The majority of families are 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 423 S Polk Dr

What is the listing price of this property?

The listing price of 423 S Polk Dr property is $5,595,000.

What type of property is this?

The property 423 S Polk Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 423 S Polk Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 423 S Polk Dr are:
Southside Elementary School: GreatSchools Rating 10/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $27,757 (source: MLS/based on county public records data).

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

The last sale was on September 24, 2015 for $950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 423 S Polk Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 423 S Polk Dr is 3,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 423 S Polk Dr is 2019.
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Rocket HomesFloridaSarasota CountySarasota34236423 S Polk Dr

This home is located at 423 S Polk Dr in Sarasota, FL and zip code 34236 in the Lido Key neighborhood. This 3,890 square foot home, which was built in 2019, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $5,595,000.

In March 2024, from all listings sold in Sarasota, FL there were more than 30 sold above asking price, over 414 sold below and more than 87 were sold right at the asked price. The number of homes for sale in Sarasota, FL increased by 3.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 62 days, the median list price was $513,207.

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

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