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Property for sale at 551 S WASHINGTON DRIVE, SARASOTA, FL, 34236
Property for sale at 551 S WASHINGTON DRIVE, SARASOTA, FL, 34236
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551 S Washington DriveSarasota, FL, 34236

9beds
9baths
5,493sqft
Single Family Residence
Built in 2024
$9,495,000
For sale
Price per sqft
$1,729
Days on market
392
Listed
Oct 15, 2025
MLS #A4668634Updated Nov 9, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
551 S Washington Drive
City
Sarasota
State
FL
ZIP code
34236
Year built
2024
New construction
Yes
Faces
East
Rooms
5
Living area
5,493 sqft
Total building area
6,400 sqft
Levels
Three Or More

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at November 11, 2026 at 1:47 PM EST

Price & sale history

EventPrice
Listed for saleMLS #A4668634$9,495,000
SoldMLS #A4598665$7,200,000
Listed for saleMLS #A4598665$7,200,000
SoldMLS #A4523638$2,700,000
History may be incomplete.
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Property for sale at 551 S WASHINGTON DRIVE, SARASOTA, FL, 34236
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