551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
551 S WASHINGTON DR
VIEW PHOTOS
Courtesy of COMPASS FLORIDA LLC, Tina Ellis  Listing Contact: 941-279-3630 
$9,495,000

551 S WASHINGTON DR

9 Beds 9 Baths 5,493 Sq.Ft. 9,884 Sq.Ft.

Description

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.

Share Property

Location

551 S WASHINGTON DR, SARASOTA, FL 34236

Status

For Sale

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Property Amenities

Interior
Laundry room Inside, Laundry Room
Appliances Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
Flooring Hardwood
Total Bedrooms: 9
Full Bathrooms: 9
Other Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Upstairs, Walk-In Closet(s)
Area & Lot
Total area 6,400 Sq.Ft.
Lot Area 9,884 Sq.Ft.
Living area 5,493 Sq.Ft.
MLS® ID A4668634
Year Built 2024
Water Frontage Canal - Saltwater, Canal Front
Type Residential
Status For Sale
Exterior
Stories 3
Pool Heated, In Ground, Lighting
Air conditioning Central Air
Heat type Central
Water Source Public
Garage Space 5.0
Sewer Public Sewer
Other Exterior Features Balcony, Lighting, Rain Gutters
Roof Metal
Utilities Public
Finance
Sales Price $9,495,000
Real Estate Tax $31,312 yearly

360 Virtual Tour

Take a tour of this property
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 551 S WASHINGTON DR, SARASOTA, FL 34236. We are reviewing your request and will be in touch shortly!

Sarasota

27.3365° N, 82.5310° W

Work With Us

Suncoast Group is dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact them today so they can guide you through the buying and selling process.

Follow Me On Instagram