345 MADISON DRIVE, Sarasota, FL 34236

• 4 beds |
• 4 baths |
• 4,645 sqft

Property 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.

Listing Status:

Active

Date Added:

December 12, 2025

Data Last Updated:

May 1, 2026 at 4:23AM

Listing Office:

COMPASS FLORIDA LLC : 941-279-3630

Listing Agent:

Andrew Haddad : 941-313-1218

MLS ID:

A4675129

Interior

• General: Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Crown MoldingDry BarEat-in KitchenHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomStone CountersThermostatTray Ceiling(s)Vaulted Ceiling(s)Walk-In Closet(s)Window Treatments
• Rooms: Den/Library/OfficeFamily RoomGarage ApartmentInterior In-Law Suite w/Private EntryMedia RoomStorage Rooms
• Appliances: Built-In OvenConvection OvenDishwasherDisposalDryerFreezerGas Water HeaterMicrowaveRangeRange HoodRefrigeratorTankless Water HeaterTouchless FaucetWasherWine Refrigerator
• Laundry: InsideLaundry Room
• Flooring: TileWood
• A/C: Central AirMini-Split Unit(s)Zoned
• Heating: CentralElectricNatural GasZoned
• Fireplace: GasLiving RoomFireplace

Exterior

• General: Awning(s)BalconyFrench DoorsLightingRain GuttersSidewalkSliding Doors
• Style: Key WestMid-Century Modern
• Other Structures: EnclosedFront PorchDeckRear PorchScreenedPatioCovered
• Pool: GuniteHeatedIn GroundLighting
• Parking: DrivewayGarage Door OpenerGarage Faces SideGolf Cart ParkingGuestOpenOversizedTandem

Construction

• Roofing: Metal
• Windows: Skylight(s)ShadesStorm Window(s)Window Treatments
• General: BlockStuccoTwoSlab

Location

• Road/Access: AsphaltPaved
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF2LOT 1 BLK 7 ST ARMANDS DIVISION2014050001
• View: City
• Fencing: OtherStone

Utilities

• Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPublicSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple