Residential Property - Single Family Residence in Sarasota
Listing Price: $3,395,000 (Mortgage Calculator →)Cumulative Days on Market: 252
Description of Property
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 vacation residence located directly on St. Armands Circle and just a short stroll to the white sands of Lido Beach. With an estimated rental potential of approximately $1,100 per night or $33,000 per month, this property delivers outstanding flexibility, allowing you to rent the entire home or utilize the first level separately. Spanning more than 4,600 square feet, this elegant 4-bedroom, 3.5-bath residence showcases a thoughtfully renovated interior, including a completely updated first floor featuring expansive porcelain tile flooring, a spacious family room, guest bedrooms, and a beautifully redesigned guest bathroom with a floating vanity and a luxurious, floor-to-ceiling tiled shower. Meticulously upgraded over the past two years, the home reflects impeccable craftsmanship throughout. The chef’s kitchen is equipped with top-of-the-line Wolf, Sub-Zero, and Bosch appliances, complemented by sleek quartz countertops and custom finishes. Rich wood and marble flooring, fully remodeled bathrooms, and upgraded lighting and ceiling fans elevate the home’s modern, sophisticated ambiance. Recent enhancements include a new roof with skylights that flood the home with natural light, hurricane-impact windows and doors for peace of mind, and updated air conditioning systems on both levels for year-round comfort. Outdoors, the private oasis features a fully renovated pool with new travertine decking, lush refreshed landscaping, modern fencing, and striking exterior upgrades such as copper gutters, a statement front door, and a custom privacy wall adorned with bespoke ceramic artwork by a celebrated Florida artist. State-of-the-art security—including surveillance, an alarm system, and new gate openers—ensures privacy and tranquility. Just steps from the beach and moments from world-class shopping and dining, this is more than a home—it’s an exceptional lifestyle opportunity in one of Sarasota’s most iconic locations. Welcome to elevated Florida living at 345 Madison Drive.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Saint Armands Div John Ringling Estates
Bedrooms: 4
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 6,580
Sq. Ft. Living Area: 4,645
Cost per (heated) sqare foot: $731
Year built: 2014
Annual Tax: $44,372
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Wine Refrigerator
Fireplace: Yes
Fireplace Features: Living Room
Window Features: Window Treatments
Additional Rooms: Storage Rooms
Flooring: Hardwood
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Lighting
Exterior & Construction
Architectural Style: Mid-Century Modern
Construction: Stucco
Foundation: Slab
Roof: Metal
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 3
Parking Features: Tandem
Floors Total: 2
Floors in Unit: Two
Cooling: Zoned
Heating & Fuel: Zoned
Electric:
Patio & Porch Features: Screened
Security Features: Touchless Entry
Other Structures:
View: City
Fencing: Stone
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Near Marina
Lot Size (acres): 0.26
Lot Size (sq. ft.): 11,327 square feet
Road Frontage: Street Paved
Front Exposure: Southeast
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2014050001
Zoning: RSF2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 1 BLK 7 ST ARMANDS DIVISION
Section: 26
Range: 17E
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.