Ad #6727394
MLS #A4668634
Welcome to Lido Dreams, an exquisite 5,500 square foot luxury
551 S WASHINGTON DR, Sarasota, Florida, 34236
$9,495,000
9Beds
9Baths
5,493Sqft
0.230Acres
About this property
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 sanctuaryplete 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.
Property Features
9 Beds
9 Baths
5,493 Sqft
Built in 2024
0.230 Acres
Garage, Garage - Attached
Siding: Block
Metal Roof
Has Swimming Pool
Central
$31,312 / yr property tax
Sarasota County
SAINT ARMANDS DIV JOHN RINGLING ESTATES Community
Additional Photos
Contact Information
Tina Ellis
Compass
512-550-1117
Location
Listing Agent: Tina Ellis (License #: 3515908) 512-550-1117
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 9, 2026
Photo Gallery
$9,495,000
9
Beds
9
Baths
5,493
Sqft
551 S WASHINGTON DR, Sarasota, Florida, 34236
By contacting this agent you agree to these Terms and Conditions.
MLS# A4668634
Welcome to Lido Dreams, an exquisite 5,500 square foot luxury
$9,495,000
551 S WASHINGTON DR, Sarasota, Florida, 34236
9
Beds
9
Baths
5,493
Sqft
0.230
Acres
$9,495,000
551 S WASHINGTON DR, Sarasota, Florida, 34236
9 Beds
9 Baths
5,493 Sqft
0.230 Acres
Accessibility Features
Accessible Elevator Installed
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 sanctuaryplete 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.
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Property Details
HOME DETAILS
9 Beds
9 Baths
5,493 Sqft
Built in 2024
0.230 Acres
EXTERIOR
Garage, Garage - Attached
Siding: Block
Metal Roof
Has Swimming Pool
INTERIOR
Central
FINANCIAL & COMMUNITY
$31,312 / yr property tax
Sarasota County
SAINT ARMANDS DIV JOHN RINGLING ESTATES Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6727394
Viewed
84 times
Listing Status
Active
Added
Oct 16, 2025
Last Refresh
Jun 09, 2026 02:51:09 AM
Listing Information
Data Source
Stellar MLS
Source Property ID
A4668634
Listing Agent: Tina Ellis (License #: 3515908) 512-550-1117
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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