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345 Madison Drive, Sarasota, FL

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$3,369,000

($725/sqft)

List Status: Active
345 Madison Drive
Sarasota, FL 34236


4 beds
3 baths
4645 living sqft
Top Features
  • View: City
  • Subdivision: Saint Armands Div John Ringling Estates
  • Built in  2014
  • Single Family Residence
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 elevate
Property Details
Additional Information
Additional Parcels YN
false
Additional Rooms
Den/Library/Office, Family Room, Garage Apartment, Interior In-Law Suite w/Private Entry, Media Room, Storage Rooms
Alternate Key Folio Num
2014050001
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
Architectural Style
Key West, Mid-Century Modern
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
4
Building Area Source
Public Records
Building Area Total
6580
Building Area Total Srch SqM
611.30
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
725.30
Carport YN
false
Community Features
Street Lights
Construction Materials
Block, Stucco
Cooling
Central Air, Mini-Split Unit(s), Zoned
Country
US
Cumulative Days On Market
333
Current Price
3369000.00
Direction Faces
Southeast
Elementary School
Southside Elementary
Exterior Features
Awning(s), Balcony, French Doors, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Fencing
Other, Stone
Fireplace Features
Gas, Living Room
Fireplace YN
true
Flood Zone Code
AE
Flooring
Tile, Wood
Foundation Details
Slab
Furnished
Turnkey
Garage Dimensions
24x18
Garage Spaces
3
Garage YN
true
Heating
Central, Electric, Natural Gas, Zoned
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
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
Levels
Two
List AOR
Sarasota - Manatee
Living Area Meters
431.53
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Corner Lot, City Limits, Near Golf Course, Near Marina, Paved
Lot Size Acres
0.26
Lot Size Square Feet
11327
Lot Size Square Meters
1052
Middle Or Junior School
Booker Middle
Minimum Lease
1-7 Days
Modification Timestamp
2026-03-04T22:49:09.246Z
New Construction YN
false
Occupant Type
Vacant
Other Equipment
Irrigation Equipment
Ownership
Fee Simple
Parcel Number
2014050001
Patio And Porch Features
Covered, Deck, Enclosed, Front Porch, Patio, Rear Porch, Screened
Pets Allowed
Yes
Pool Private YN
true
Postal Code Plus 4
1327
Previous List Price
3395000
Price Change Timestamp
2026-03-04T22:49:00.000Z
Property Condition
Completed
Public Survey Range
17E
Public Survey Section
26
RATIO Current Price By Calculated SqFt
725.30
Road Responsibility
Public Maintained Road
Road Surface Type
Asphalt, Paved
Roof
Metal
Room Count
4
SW Subdiv Community Name
Saint Armands Division John Ringling Estates
Security Features
Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s), Touchless Entry
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only, See Remarks, ShowingTime
Spa YN
false
Status Change Timestamp
2025-12-12T22:46:45.000Z
Stories Total
2
Tax Annual Amount
44371.99
Tax Block
7
Tax Book Number
2-30
Tax Legal Description
LOT 1 BLK 7 ST ARMANDS DIVISION
Tax Lot
1
Tax Year
2024
Total Acreage
1/4 to less than 1/2
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
36S
Universal Property Id
US-12115-N-2014050001-R-N
Unparsed Address
345 MADISON DR
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Vegetation
Mature Landscaping
Water Source
Public
Waterfront YN
false
Window Features
Skylight(s), Shades, Storm Window(s), Window Treatments
Zoning
RSF2
Neighborhood Map
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MLS #MFRA4675129 Listing courtesy of Compass Florida Llc provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 3/7/26 4:08 AM) |

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