Active

$3,675,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 4645 sq ft
Overview
  • ID: MFRA4675129
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 4645 sq ft
Property Details
Remarks
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. This spacious 4-bedroom, 3.5-bath residence has been extensively renovated and thoughtfully updated throughout. Impact-rated windows and doors, a new roof with skylights, updated HVAC systems, and new flooring create 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. Please note: The pool table and monkey lamp are excluded from the sale and will not convey with the property. Welcome to elevated island living at 345 Madison Drive.
Financial Considerations
Price:
$3,675,000
HOA Fee:
N/A
Tax Amount:
$44371.99
Price per SqFt:
$791.17
Tax Legal Description:
LOT 1 BLK 7 ST ARMANDS DIVISION
Exterior Features
Lot Size:
11327
Lot Features:
Corner Lot, City Limits, Near Golf Course, Near Marina, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Lighting
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric, Natural Gas, Zoned
Cooling:
Central Air, Mini-Split Unit(s), Zoned
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
Furnished:
Yes
Floor:
Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2014
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southeast
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Awning(s), Balcony, French Doors, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    345 MADISON DR
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