Price History
$3,395,000
12/12/2025
$3,369,000
3/4/2026
$3,675,000
6/22/2026
345 MADISON DRIVE, Sarasota, FL, 34236
4 rooms
4 beds
3 Full / 1 Half baths
2014
Key West, Mid-Century Modern
4,645 sqft
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.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Turnkey
Laundry Remarks:
Inside, Laundry Room
Subdivision:
SAINT ARMANDS DIV JOHN RINGLING ESTATES
Garage:
3-car Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
Heating:
Central, Electric, Natural Gas, Zoned
Cooling:
Central Air, Mini-Split Unit(s), Zoned
Levels:
2
Acreage:
0.26
Est. Taxes:
$44,372
Construction
Block, Stucco
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Lot Description:
Corner Lot, City Lot, Near Golf Course, Near Marina
View Description:
City
Elementary School:
Southside Elementary
Middle School:
Booker Middle
Days on Market:
192
Pet Policy:
Yes
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
Pool:
Gunite, Heated, In Ground, Lighting
Min Lease Term:
1-7 Days
MLS #:
A4675129
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Compass Florida LLC 941-279-3630