USAFLSarasotaSaint Armands Div John Ringling Estates345 Madison Dr

$3,369,000

For Sale

3 months ago

345 Madison Dr, Sarasota, FL

Name: 345 Madison Dr, For Sale in SARASOTA - eXp Realty
Brand: compass florida llc
SKU: A4675129
Price: 3369000 USD

House

MLS® A4675129

4 Bed

4 Bath

4645 sqft

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 4645 sqft

Garage Yes

Taxes $44,372

Days Active 89

Lot Size 0.26 acres

Approx. Age 2014

Avg. Price Per Sqft $725

MLS® Number A4675129

Property Address: 345 Madison Dr, SARASOTA, FL, 34236-1327

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberA4675129

Laundry LevelInside, Laundry Room

Central VacNo

FireplaceNo

Acreage0.26

Exterior

GarageYes

Approx. Age2014

Basement

DrivewayDriveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem

Garage Spaces3

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Dec 12, 2025List Date

$3,369,000List Price

Home Appraisal

This property is estimated to sell between: $3,206,000 and $3,451,000.

Similar properties in this area sold on average for: $3,206,250

Expected to sell in 109 days. Similar properties sold in 198 days. This home has been on eXp Realty for 89 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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