345 Madison Drive, FL345 Madison Drive, FL345 Madison Drive, FL
Stellar MLS
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$3,675,000

345 Madison Drive

Sarasota, FL 34236

Listing updated: June 22, 2026 at 9:49 AM ET

Active
Stellar MLSListing courtesy of Compass Florida Llc · Andrew Haddad · MLS #A4675129 · Active · 941-279-3630
4
Beds
4
Baths
4,645
Sq Ft
0.26
Acres
2014
Built
Private poolIn-law suiteFireplace3-car garage$791/sqft
Single Family Residence

Property type

2014

Year built

11,327 sqft

Lot size

$791

Price / sq ft

No HOA

HOA dues

192

Days on market

3

Garage spaces

AE

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$18,583
Property taxes$3,698
Home insurance (est.)$1,684

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history192 days on market

  1. Status: Active
    Dec 12, 2025
  2. Listed$3,395,000
    Dec 12, 2025
  3. Price increased$3,675,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
192
Cumulative DOM
443
Subdivision
Saint Armands Div John Ringling Estates
County
Sarasota
Year built
2014
Living area
4,645 sq ft
Price/sq ft
$791
Building area
6,580 sq ft (Public Records)
Lot size
11,327 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE
Garage
3 spaces
Pool
Private pool
Annual taxes
$44,372 (2024)
Parcel #
2014050001
Zoning
RSF2
MLS #
A4675129

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Interior Details

Bedrooms
4
Full bathrooms
3
Half bathrooms
1
Flooring
Tile, Wood
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
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
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
Southeast
Fireplace
Yes
In-law suite
Yes

Heating & Cooling

Heating
Central, Electric, Natural Gas, Zoned
Cooling
Central Air, Mini-Split Unit(s), Zoned

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Guest, Open, Oversized, Tandem

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Awning(s), Balcony, French Doors, Lighting, Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Block, Stucco
Roof
Metal
Foundation
Slab
Pool
Private pool
Road surface
Asphalt, Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Schools

ElementarySouthside ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomSecond18x14
Dining RoomSecond14x20
KitchenSecond13x21
Living RoomSecond32x20

Listing Details

Listing date
2025-12-12
On market date
2025-12-12
Original list price
$3,395,000
Occupant type
Vacant
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2025-12-12
Tax legal description
LOT 1 BLK 7 ST ARMANDS DIVISION

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

East On John Ringling Parkway, Turns Into Blvd Of The Presidents, Left On Madison Drive, Property On Right Corner

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 22, 2026 at 9:49 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA