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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.
Property Details
Price: $3,369,000
Sq Ft: 4,645
($725 per
sqft)
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Single Family
Development: Saint Armands Div John Ringling Estates
Acres: 0.2600
Year Built: 2014
Listing Number: A4675129
Status Code: A-Active
Taxes: $44,371.99
Tax Year: 2024
Garage:
3
/
Y
Furnishings: Turnkey
Pets Allowed: Yes
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
Financial Information:
Taxes: $44,371.99
Tax Year: 2024
Exterior Features:
Awning(s)
Balcony
French Doors
Lighting
Rain Gutters
Sidewalk
Sliding Doors
Equipment:
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
View:
City
School Information:
Elementary School: Southside Elementary
Middle School: Booker Middle
Junior High: Booker Middle
Additional Information:
Building Description: Key West, Mid-Century Modern
MLS Area: 34236 - Sarasota
Total Square Footage: 6,580
Price per Square Feet: $725.30
Total Floors: 2
Water: Public
Lot Desc.: Corner Lot, City Limits, Near Golf Course, Near Marina, Paved
Construction: Block, Stucco
Date Listed: 2025-12-12 00:00:00
Pool: Y
Pool Description: Gunite, Heated, In Ground, Lighting
Furnished: Turnkey
Windows: Skylight(S), Shades, Storm Window(S), Window Treatments
Parking: Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
Garage Description: Y
Garage Spaces: 3
Flooring: Tile, Wood
Roof: Metal
Heating: Central, Electric, Natural Gas, Zoned
Cooling: Central Air, Mini-Split Unit(S), Zoned
Pets: Yes
Sewer: Public Sewer
Map of 345 Madison Drive, Sarasota, FL 34236
Listing Courtesy Of: Compass Florida Llc
andrew.haddad@compass.com