345 Madison Drive, Sarasota, FL 34236
Local realty services provided by:ERA Grizzard Real Estate
345 Madison Drive,Sarasota, FL 34236
$3,369,000
- 4 Beds
- 4 Baths
- 4,645 sq. ft.
- Single family
- Active
Listed by: andrew haddad, brian wood
Office: compass florida llc.
MLS#:A4675129
Source:MFRMLS
Price summary
- Price:$3,369,000
- Price per sq. ft.:$512.01
About this home
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....
Contact an agent
Home facts
- Year built:2014
- Listing ID #:A4675129
- Added:156 day(s) ago
- Updated:May 18, 2026 at 12:16 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Tile, Wood
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Built-In Oven, Convection Oven, Dishwasher, Disposal, Dry Bar, Eat-in Kitchen, Freezer, Kitchen/Family Room Combo, Microwave, Range, Range Hood, Refrigerator, Solid Wood Cabinets, Stone Counters, Touchless Faucet, Wine Refrigerator
- Bedroom Description:High Ceilings, Split Bedroom, Walk-In Closet(s)
- Living area:4,645 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s), Zoned
- Heating:Central, Electric, Natural Gas, Zoned
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2014
- Building area:4,645 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Corner Lot, Near Golf Course, Near Marina, Paved
- Architectural Style:Mid-Century Modern
- Construction Materials:Block, Stucco
- Exterior Features:Awning(s), Balcony, Covered Porch/Patio, Deck, Enclosed, Front Porch, Lighting, Patio, Rain Gutters, Rear Porch, Screened, Sidewalk
- Foundation Description:Slab
- Levels:2 Story
Schools
- Middle school:Booker Middle
- Elementary school:Southside Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,369,000
- Price per sq. ft.:$512.01
- Tax amount:$44,372 (2024)
Features and amenities
- Appliances:Built-in Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Irrigation Equipment, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Touchless Faucet, Washer, Wine Refrigerator
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:BB/HS Internet Available, Built-In Features, Cable Connected, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Irrigation Equipment, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Natural Gas Connected, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Pool features:Gunite, Heated, In Ground, Private Pool
Parking
- Parking description:Attached Garage, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
- Garage:Yes
- Garage spaces:3
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