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345 Madison Drive

Sarasota, FL 34236
  • $3,369,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: A4675129
UPDATED: 80 min ago
$3,369,000
  • 4
    BEDS
  • 0.26
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 4,645
    SQFT
  • $725
    $/SQFT
Type:
Single-Family Home
Built:
2014
County:
Area:

School Information

Elementary School:
Middle School:

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-05-13T19:48:06.36.
www.rgswfloridahomes.com/homes/171350034
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345 Madison Drive Sarasota, FL 34236

  • Price: $3,369,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 80 min ago
  • MLS #: A4675129
4
Beds
3
Baths
1
½ Baths
0.26
Acres
4,645
SQFT
$725
$/SQFT
2014
Built
Neighborhood:
Saint Armands Div John Ringling Estates
County:
Sarasota
Area:
Sarasota
Elementary School:
Southside Elementary
Middle School:
Booker Middle
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.
Exterior Features

Architectural Style Key WestMid-Century Modern Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 3 Direction Faces Southeast Exterior Features Awning(s)BalconyFrench DoorsIrrigation SystemLightingRain GuttersSidewalkSliding Doors Fencing OtherStone Foundation Details Slab Garage Dimensions 24x18 Lot Features Corner LotCity LotNear Golf CourseNear Marina Open Parking YN Yes Parking Features DrivewayGarage Door OpenerGarage Faces SideGolf Cart ParkingGuestOpenOversizedTandem Patio And Porch Features CoveredDeckEnclosedFront PorchPatioRear PorchScreened Pool Features GuniteHeatedIn GroundLighting Pool Private Yn Yes Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Metal Spa YN No View City Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Den/Library/OfficeFamily RoomGarage ApartmentInterior In-Law Suite w/Private EntryMedia RoomStorage Rooms Appliances Built-In OvenConvection OvenDishwasherDisposalDryerFreezerGas Water HeaterMicrowaveRangeRange HoodRefrigeratorTankless Water HeaterTouchless FaucetWasherWine Refrigerator Building Area Total 6580 Cooling Central AirMini-Split Unit(s)Zoned Cooling YN Yes Fireplace Features GasLiving Room Fireplace Yn Yes Flooring Porcelain TileHardwood Furnished Turnkey Heating CentralElectricNatural GasZoned Heating YN Yes Interior Features Built-in FeaturesCathedral Ceiling(s)Ceiling Fan(s)Crown MoldingDry BarEating Space In KitchenHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSkylight(s)Solid Wood CabinetsSplit BedroomStone CountersThermostatTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)Window Treatments Laundry Features InsideLaundry Room Levels Two Rooms Primary Bedroom (Walk-In Closet(s)) Dining Room Living Room Kitchen Sewer Public Sewer Stories Total 2 Water Source Public Window Features ShadesStorm Window(s)Window Treatments

Property Features

Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1-7 Days New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Condition Completed Property Sub Type Single Family Residence Security Features Security GateSecurity SystemSecurity System OwnedSmoke Detector(s)Touchless Entry Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Saint Armands Division John Ringling Estates Tax Annual Amount 44371.99 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPublicSewer ConnectedStreet LightsWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RSF2


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COMPASS FLORIDA LLC: 941-279-3630.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-05-13T19:48:06.36.
 
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