To schedule a showing of 345 Madison Drive, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!
Sarasota, FL 34236
- 4Beds
- 4.00Total Baths
- 3 Full, 1 HalfBaths
- 4,645SqFt
- 2014Year Built
- 0.26Acres
- MLS# A4675129
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market5 months, 29 days
- Area34236 - Sarasota
- CountySarasota
- Subdivision Saint Armands Div John Ringling Estates
Overview
Seller Financing Available!Experience refined coastal luxury in the heart of St. Armands Circle, Sarasotas 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 foota 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 chefs 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 Sarasotas most iconic locations.Welcome to elevated island living at 345 Madison Drive.
Agriculture / Farm
Association Fees / Info
Community Features: StreetLights, Sidewalks
Pets Allowed: Yes
Bathroom Info
Total Baths: 4.00
Fullbaths: 3
Building Info
Window Features: StormWindows, Skylights, WindowTreatments
Roof: Metal
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Style: Florida, MidCenturyModern
Pool Features: Gunite, Heated, InGround
Patio: RearPorch, Covered, Deck, Enclosed, FrontPorch, Patio, Screened, Balcony
Pool Private: Yes
Exterior Features: Awnings, Balcony, FrenchPatioDoors, SprinklerIrrigation, Lighting, RainGutters
Fees / Restrictions
Financial
Original Price: $3,395,000
Fencing: Other, Stone
Garage / Parking
Open Parking: Yes
Parking Features: Driveway, Garage, GolfCartGarage, GarageDoorOpener, Guest, Open, Oversized, GarageFacesSide, Tandem
Attached Garage: Yes
Garage: Yes
Green / Env Info
Interior Features
Fireplace Desc: Gas, LivingRoom
Fireplace: Yes
Floors: PorcelainTile, Wood
Levels: Two
Laundry Features: Inside, LaundryRoom
Interior Features: BuiltInFeatures, TrayCeilings, CeilingFans, CrownMolding, CathedralCeilings, DryBar, EatInKitchen, HighCeilings, KitchenFamilyRoomCombo, LivingDiningRoom, OpenFloorplan, StoneCounters, SplitBedrooms, Skylights, VaultedCeilings, WalkInClosets, WoodCabinets, WindowTreatments
Appliances: BuiltInOven, ConvectionOven, Dryer, Dishwasher, Freezer, Disposal, GasWaterHeater, Microwave, Range, Refrigerator, RangeHood, TanklessWaterHeater, WineRefrigerator, Washer
Lot Info
Direction Remarks: East On John Ringling Parkway, Turns Into Blvd Of The Presidents, Left On Madison Drive, Property On Right Corner
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Sqft: 11,327
Lot Desc: CornerLot, CityLot, NearGolfCourse, Landscaped
Misc
Other
Other Structures: GarageApartment
Special Conditions: None
Security Features: SecuritySystemOwned, SecuritySystem, SecurityGate, SecuredGarageParking, SmokeDetectors
Other Rooms Info
Property Info
Section: 26
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Condition: NewConstruction
Construction Materials: Block, Stucco
Stories: 2
Total Stories: 2
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 4
Sqft Info
Sqft: 4,645
Bulding Area Sqft: 6,580
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 1
Tax Legal Description: LOT 1 BLK 7 ST ARMANDS DIVISION
Tax Block: 7
Tax Annual Amount: 44371.99
Tax Book Number: 2-30
Unit Info
Utilities / Hvac
Heating: Central, Electric, Gas, Zoned
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, Ductless, Zoned, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: CableConnected, ElectricityConnected, NaturalGasConnected, HighSpeedInternetAvailable, MunicipalUtilities, SewerConnected, WaterConnected
Waterfront / Water
View: Yes
View: City
Directions
East On John Ringling Parkway, Turns Into Blvd Of The Presidents, Left On Madison Drive, Property On Right CornerThis listing courtesy of Compass Florida Llc
If you have any questions on 345 Madison Drive, Sarasota, Florida, please call David Shippey at 863-521-4517.
MLS# A4675129 located at 345 Madison Drive, Sarasota, Florida is brought to you by David Shippey REALTOR®
345 Madison Drive, Sarasota, Florida has 4 Beds, 3 Full Bath, and 1 Half Bath.
The MLS Number for 345 Madison Drive, Sarasota, Florida is A4675129.
The price for 345 Madison Drive, Sarasota, Florida is $3,369,000.
The status of 345 Madison Drive, Sarasota, Florida is Active.
The subdivision of 345 Madison Drive, Sarasota, Florida is Saint Armands Div John Ringling Estates.
The home located at 345 Madison Drive, Sarasota, Florida was built in 2026.
MLS# A4678455
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MLS IDX data last updated on 06-11-2026 8:46 AM EST.