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About This Home
This 4-bedroom, 4-bathroom single family at 345 MADISON DRIVE in SARASOTA, FL is listed for $3,369,000 ($725 per sqft). Built in 2014, the home offers 4,645 sqft of living space on a 0.26 acres 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 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.
Key Features
- Built in 2014
- 0.26 acre lot
- Private pool
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$18,018/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
345 MADISON DRIVE
SARASOTA, FL 34236
SAINT ARMANDS DIV JOHN RINGLING ESTATES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 345 MADISON DRIVE is listed at $3,369,000 ($725/sqft). The estimated monthly payment is $14,599 based on 20% down at 6.5% interest.
Key features include: Built in 2014, 0.26 acre lot, Private pool, Fireplace. Interior Features: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s). Exterior Features: Corner Lot, Paved, Fencing.
This property is listed by Andrew Haddad and can be reached at 9413131218 or andrew.haddad@compass.com.