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345 Madison Drive
SARASOTA, FL 34236-1327
- Price$3,369,000
- Beds4
- Baths4
- SQ. Feet4,645
- Acres0.26
- Built2014
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.
Get in Touch for More Information about this Property
- MLS® #A4675129
- Price$3,369,000
- Bedrooms4
- Bathrooms4.00
- Full Baths3
- Half Baths1
- Square Footage4,645
- Acres0.26
- Year Built2014
- TypeResidential
- Sub-TypeSingle Family Residence
- StyleKey West, Mid-Century Modern
- StatusActive
- ParkingDriveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
- # of Garages3
- ViewCity
- Has PoolYes
- Exterior FeaturesAwning(s), Balcony, French Doors, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
- Lot DescriptionCorner Lot, City Lot, Near Golf Course, Near Marina
- RoofMetal
- FoundationSlab
- Days on Market158
- ZoningRSF2
- Address345 Madison Drive
- AreaSarasota
- SubdivisionSAINT ARMANDS DIV JOHN RINGLING ESTATES
- CitySARASOTA
- CountySarasota
- StateFL
- Zip Code34236-1327
- Interior FeaturesBuilt-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Dry Bar, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- AppliancesBuilt-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Touchless Faucet, Washer, Wine Refrigerator
- HeatingCentral, Electric, Natural Gas, Zoned
- CoolingCentral Air, Mini-Split Unit(s), Zoned
- FireplaceYes
- FireplacesGas, Living Room
- # of Stories2
- ElementarySouthside Elementary
- MiddleBooker Middle
Price Change History for 345 Madison Drive, SARASOTA, FL (MLS® #A4675129)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,395,000) | $3,369,000 | $26,000 (0.77%) |















