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
MLS#
A4668634
Type
Single Family Residential
Property Style
Single Family
Bedrooms
9
Bathrooms
9
Living Area
5,493
Lot Size
9,884
Subdivision
St Armands Division
Year Built
2024

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

Community Features
No Deed Restriction
Exterior Construction
Block
Style
Three+ Story
Interior
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)
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)
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
Exterior
Balcony, Lighting, Rain Gutters
Roof
Metal
Utilities
Public
Floor
Hardwood
Heating
Central
Cooling
Central Air
Pool
Yes
Pool Type
Private
Water
Boatable Water
Frontage
Canal - Saltwater, Canal Front

Listing courtesy of COMPASS FLORIDA LLC.

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