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345 Madison Drive

SARASOTA, FL 34236
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Bed 4

Bed

Bath 4

Bath

SqFt4,645

Sqft

Acres0.26

Acre(Lot)

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 ma ny 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.

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Detail Ic Property Details

Property Type : Residential

Price : $3,369,000

AD Id : 70932796

MLS Id : MFRA4675129

Beds : 4

Lot Size : 0.26 Acre

Living Area Size : 4,645

Year Built : 2014

Garage : 3

County : Sarasota

Subdivision: Saint Armands Div John Ringling Estates

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Interior Features

    Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments Roof: Metal Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Touchless Faucet, Washer, Wine Refrigerator Laundry Features: Inside, Laundry Room

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Tile, Wood Construction Materials: Block, Stucco
  • Heating & Cooling

    Heating: Central, Electric, Natural Gas, Zoned Cooling: Central Air, Mini-Split Unit(s), Zoned WaterSource: Public

  • Building Information

    Year Built: 2014
  • Exterior Features

    Awning(s), Balcony, French Doors, Lighting, Rain Gutters, Sidewalk, Sliding Doors Construction Materials: Block, Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road
  • Pool Features

    Private Pool: 1 Gunite, Heated, In Ground, Lighting

  • Lot Information

    Lot Description: Corner Lot, City Limits, Near Golf Course, Near Marina, Paved Lot Square Feet: 11327 Lot Acres: 0.26 Lot Size (SqMt): 1052

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Key West, Mid-Century Modern

  • Listing Price Information

    Original List Price:$3395000

  • Tax Information

    Tax Block: 7 Tax Book Number: 2-30 Tax Lot: 1 Tax Legal Description: LOT 1 BLK 7 ST ARMANDS DIVISION Annual Tax: $44371.99 Tax Year: 2024 Parcel Number: 2014050001

  • Parking Information

    Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem

    Garage Information

    Has Garage: Yes Garage Space: 3 Garage Dimensions: 24x18

  • School Information

    Elementary School: Southside Elementary Junior High School: Booker Middle
  • Utility Information

    BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SAINT ARMANDS DIV JOHN RINGLING ESTATES City: SARASOTA Direction: East On John Ringling Parkway, Turns Into Blvd Of The Presidents, Left On Madison Drive, Property On Right Corner
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1931 High Point Circle, Sarasota, FL, 34236 $1,495,000 3 2 1,712 1,712 SqFt
1905 Alta Vista Street, Sarasota, FL, 34236 $3,975,000 4 4 3,813 3,813 SqFt
654 Lafayette Court, Sarasota, FL, 34236 $2,795,000 5 7 3,748 3,748 SqFt
1950 Adams Lane, Sarasota, FL, 34236 $995,000 1 1 1,112 1,112 SqFt
1838 Alta Vista Street, Sarasota, FL, 34236 $3,495,000 5 6 4,452 4,452 SqFt
1846 Lincoln Drive, Sarasota, FL, 34236 $2,095,000 3 4 2,618 2,618 SqFt
1903 Oak Street, Sarasota, FL, 34236 $720,000 3 3 1,626 1,626 SqFt
1821 Lincoln Drive, Sarasota, FL, 34236 $5,425,000 4 5 3,906 3,906 SqFt
1798 Lincoln Park Circle, Sarasota, FL, 34236 $2,700,000 4 3 3,783 3,783 SqFt
1862 6th Street, Sarasota, FL, 34236 $749,000 3 3 1,419 1,419 SqFt
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ByOwner last updated this listing 06/07/2026 @ 06:20

MLS: MFRMLS #A4675129 LISTED BY: Andrew Haddad, COMPASS FLORIDA LLC 941-279-3630 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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