345 Madison Drive, Sarasota, FL 34236

$3,369,000
Active for Sale
4 Beds
3.5 Baths
4645 SF
Built In 2014
 
Listing ID 11618572
Property Type House
County Sarasota
Neighborhood 34236 - Sarasota
Total Tax $44,372
Tax ID 2014050001
FEMA Flood Map fema.gov/portal
Year Built 2014
Virtual Tour
Seller Financing Available! Experience refined coastal luxury in the heart of St. Armands Circle, Sarasota's premier destination for upscale living, shopping, and dining. This exceptional opportunity offers a fully turnkey, furnished coastal residence located directly on St. Armands Circle and just a short stroll to the white sands of Lido Beach. With estimated rental potential of approximately $1,100 per night or $33,000 per month, this property provides outstanding flexibility for both personal enjoyment and income generation. Spanning more than 4,600 square feet, this 4-bedroom, 3.5-bath residence delivers exceptional value for a fully updated property in this highly sought-after island community, priced at approximately $725 per square foot-a compelling opportunity compared to many nearby homes that still require renovation. Extensively renovated, the home features impact-rated windows and doors, a new roof with skylights, updated HVAC systems, and new flooring throughout, creating a seamless move-in-ready experience. The chef's kitchen showcases premium Wolf, Sub-Zero, and Bosch appliances, complemented by quartz countertops and custom cabinetry. The thoughtfully redesigned first level features expansive porcelain tile flooring, spacious living and guest areas, and a beautifully updated guest bathroom with a floating vanity and spa-inspired shower. Outdoors, a fully renovated pool with travertine decking and lush landscaping creates a private tropical retreat. Recent upgrades throughout the home reflect meticulous attention to detail, including remodeled bathrooms, upgraded lighting and ceiling fans, modern fencing, copper gutters, a striking front entry, and a custom privacy wall featuring ceramic artwork by a celebrated Florida artist. Just steps from the beach and moments from world-class dining and shopping, this is a rare opportunity to own a fully modernized, income-producing coastal residence in one of Sarasota's most iconic locations. Welcome to elevated island living at 345 Madison Drive.
Property Details
  • 4 Total Bedrooms
  • 3 Full Baths
  • 1 Half Bath
  • 4645 SF (AG)
  • 0.26 Acres
  • 11327 SF Lot
  • Built in 2014
  • 2 Stories
  • Modern Style
  • Vacant Occupancy
  • Slab Basement
Interior Features
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Garbage Disposal
  • Washer
  • Dryer
  • Appliance Hot Water Heater
  • Ceramic Tile Flooring
  • Balcony
  • 4 Rooms
  • Family Room
  • Den/Office
  • Walk-in Closet
  • Media Room
  • Kitchen
  • Laundry
  • 1 Fireplace
  • 1 Heat/AC Zones
  • Electric Fuel
  • Natural Gas Fuel
  • Central A/C
Exterior Features
  • Masonry - Stucco Construction
  • Stucco Siding
  • Metal Roof
  • Attached Garage
  • 3 Garage Spaces
  • Community Water
  • Municipal Sewer
  • Pool: In Ground, Gunite, Heated
  • Deck
  • Patio
  • Open Porch
  • Driveway
  • Corner
  • Subdivision: Saint Armands Div John Ringling Estates
  • City View
Taxes and Fees
  • $44,372 Total Tax
  • Tax Year 2024
Listed By
Compass Florida Llc
Office: 941-279-3630
Compass Florida Llc
Office: 941-279-3630
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