551 S Washington Drive, Lido Key, FL 34236

$9,495,000
9
BD
9
BA
5,493
SqFt

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List Price
$9,495,000
Status
ACTIVE
MLS#
A4668634
Bedrooms
9
Bathrooms
9
Living Area
5,493
Subdivision
St Armands Division

Property 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.

Additional Information

Year Built
2024
Construction
Block
Living Area
5,493
Acres
0.23
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, PrimaryBedroom Upstairs, Walk-In Closet(s)
Cooling
Central Air
Heating
Central
Garage Spaces
5
Garage Description
5+ Car Garage
Exterior Features
Balcony, Lighting, Rain Gutters
Waterfront
Yes
Waterfront Description
Canal - Saltwater, Canal Front
Water
Boatable Water
Sewer
Public Sewer
Pool Description
Heated, In Ground, Lighting

Listing courtesy of COMPASS FLORIDA LLC.

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