345 MADISON DR
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345 MADISON DR
345 MADISON DR
345 MADISON DR
345 MADISON DR
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345 MADISON DR
For Sale

345 MADISON DR

345 MADISON DR, SARASOTA, FL 34236

$3,369,000
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.

4
beds

4
baths

4,645 Sq.Ft. LIVING AREA

0.26 Acres lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1
  • Laundry room Inside, Laundry Room
  • Flooring Tile, Wood
  • Fireplace Gas, Living Room
  • 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
  • other 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

Area & Lot

  • Status For Sale
  • Living Area4,645 Sq.Ft.
  • Total Area6,580 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® IDA4675129
  • TypeResidential
  • YEAR BUILT2014
  • NeighborhoodLido Key/Lido Beach/St. Armand’s Circle
  • Architecture StylesKey West, Mid-Century Modern
  • View DescriptionCity
  • Elementary SchoolSouthside Elementary
  • Middle SchoolBooker Middle

Exterior

  • STORIES2
  • Garage Space3.0
  • water SourcePublic
  • utilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • PoolGunite, Heated, In Ground, Lighting
  • roofMetal
  • lot featuresCorner Lot, City Limits, Near Golf Course, Near Marina, Paved
  • parkingDriveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
  • HEAT TYPECentral, Electric, Natural Gas, Zoned
  • AIR CONDITIONINGCentral Air, Mini-Split Unit(s), Zoned
  • sewerPublic Sewer
  • SubstructureSlab
  • security FeaturesSecured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s), Touchless Entry
  • other exterior FeaturesAwning(s), Balcony, French Doors, Lighting, Rain Gutters, Sidewalk, Sliding Doors

Financial

  • Sales Price$3,369,000
  • Real Estate Tax $44,372/yr
  • Zoning RSF2

Lido Key/Lido Beach/St. Armand’s Circle

Lido Key is comprised of three main areas: Lido Shores, St. Armand’s Circle and Lido Beach.

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