TeamSPARACINO
BEDS4
BATHS3 full 1 partial
SQUARE FEET4,645
MLS#A4675129
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSAINT ARMANDS DIV JOHN RINGLING ESTATES
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s), Zoned
Fenced: Yes
Garage: 3 car attached
Heating: Central, Electric, Natural Gas, Zoned
Home Style: Key West, Mid-Century Modern
Lot Size: 0.26 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $44,371
Year Built: 2014
Amenities
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
Awning(s)
Balcony
French Doors
Lighting
Rain Gutters
Sidewalk
Sliding Doors
Feature Descriptions
Additional Rooms: Den/Library/Office, Family Room, Garage Apartment, Interior In-Law Suite w/Private Entry, Media Room, Storage Rooms
Appliances: 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
Community Features: Street Lights
Days on Site: 136
Directions: East On John Ringling Parkway, Turns Into Blvd Of The Presidents, Left On Madison Drive, Property On Right Corner
Exterior: Block, Stucco
Fencing: Other, Stone
Fireplace: Gas, Living Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Tile, Wood
Foundation: Slab
Garage Dimensions: 24x18
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot, City Limits, Near Golf Course, Near Marina, Paved
Lot Dimensions: 0.26
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem
Parking Notes: Driveway, Garage Door Opener, Garage Faces Side, Golf
Patio/Porch: Covered, Deck, Enclosed, Front Porch, Patio, Rear Porch, Screened
Pets Allowed: Yes
Pool: Gunite, Heated, In Ground, Lighting
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s), Touchless Entry
Sewer: Public Sewer
Showing Instructions: Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Windows: Skylight(s), Shades, Storm Window(s), Window Treatments
Zoning: RSF2
Room Sizes
Primary Bedroom: 18x14
Dining Room: 14x20
Kitchen: 13x21
Living Room: 32x20
Local Schools
Middle School: Booker Middle
Elementary School: Southside Elementary
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 941-279-3630
Shown By
Agent Name: Team SPARACINO
Agent Phone: Toll Free: (800) 216-8953
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 12,178.14 per month $7,497.93 Principal & Interest $3,697.58 Property Tax $982.63 Homeowner's InsuranceChange Payment Information
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345 Madison Drive | MLS# A4675129
This single family home located at 345 Madison Drive, Sarasota, FL 34236 is currently listed for sale with an asking price of $3,369,000. This property was built in 2014 and has 4 bedrooms and 3 full and 1 partial baths with 4645 sq. ft. Madison Drive is located in the SAINT ARMANDS DIV JOHN RINGLING ESTATES subdivision. Search SAINT ARMANDS DIV JOHN RINGLING ESTATES real estate on team-sparacino.floridaexecutiverealty.com today.