$3,675,000

345 MADISON DR, Sarasota, FL 34236

Active
4
Beds
4
Baths
4,645
Sq Ft
$791
Per Sq Ft
2014
Built
192
Days Listed

About This Property

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. This spacious 4-bedroom, 3.5-bath residence has been extensively renovated and thoughtfully updated throughout. Impact-rated windows and doors, a new roof with skylights, updated HVAC systems, and new flooring create 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. Please note: The pool table and monkey lamp are excluded from the sale and will not convey with the property. Welcome to elevated island living at 345 Madison Drive.

Property Details

TypeSingle Family Residence
Garage3 spaces
Lot0.26 ac
Stories2
PoolYes
WaterfrontNo
SubdivisionSAINT ARMANDS DIV JOHN RINGLING ESTATES
HOANo
Tax/yr$44,372
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Mini-Split Unit(s
FlooringTile, Wood
RoofMetal

Schools

ElementarySouthside Elementary
MiddleBooker Middle

Listed by COMPASS FLORIDA LLC · MLS# A4675129

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-22.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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