345 MADISON DRIVE at

345 MADISON DRIVE

For sale Days on market 82

$3,369,000

$725/sq ft

$26,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

2014

Garage

Sqft

4645

Property Type

Single Family Residence

Property Description

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

MLS#

A4675129

Garage

Total Floor in Bldg

Address

345 MADISON

City

Sarasota

State/county

Zip/Postal Code

34236

Area

Saint Armands Div John Ringling Estates

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$44,371

Maint Fee

$--

Tax Year

2024

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

City

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