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345 Madison Drive

Sarasota, FL 34236

4 beds
4 baths
4,645 sqft
10,532 sqft lot
$817 per sqft
1994 build
– on site

Discover the pinnacle of luxury living on St. Armands Circle, Sarasota's most sought-after destination, where every detail embodies the vibrant coastal lifestyle. Incredible opportunity to own a turnkey furnished vacation home directly on St. Armands Circle and walking distance to Lido Beach. Estimated market rent for this home is approximately $1,100.00 per night or $33,000.00 per month. Flexibility is everything and you have the option of either renting out the entire home or simply the first level. This stunning 4-bedroom, 3.5-bathroom home spans over 4,600 square feet of beautifully finished living space, including a fully renovated first floor that features extra-large porcelain floor tiles, Family Room, Guest Rooms and beautifully updated guest bathroom with floating vanity and luxurious shower with floor to ceiling tile. Just moments from Lido Beach and steps from the iconic St. Armands Circle, this turnkey, fully furnished home offers an extraordinary living experience. Meticulously updated over the past two years, no detail has been overlooked. The chef's kitchen boasts premium Wolf, Subzero, and Bosch appliances, paired with sleek new quartz countertops and impeccable craftsmanship. Throughout the home, you'll find elegant wood and marble flooring, completely remodeled bathrooms, and upgraded lighting and ceiling fans all designed to create a contemporary, luxurious atmosphere. The home’s updates extend to the roof, featuring skylights for enhanced natural light, while hurricane impact windows and doors ensure both safety and tranquility. Enjoy year-round comfort with updated A/C systems at both levels. Take in the beauty of the fully renovated pool area with new travertine decking, fully refreshed lush landscaping, and modern fencing. The exterior is equally impressive, with new copper gutters, a striking front door, and a custom privacy wall featuring bespoke ceramic art by a renowned Florida artist. With state-of-the-art security features—including a surveillance system, alarm system, and new gate openers—this home offers complete peace of mind. This isn’t just a house; it’s a lifestyle, offering unparalleled access to all the Sarasota amenities and putting you just steps away from the beach, shopping and dining. Welcome to the ultimate Florida living experience at 345 Madison Drive. Seller Financing May Be Considered.

Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC

Last checked: Checking… • Last updated Jun 13, 2025 •

MLS# A4650594 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1994
New Construction:

false
Construction Materials:

Block
Levels:

Two
Common Walls:

Corner Unit
Roof:

Metal
Foundation Details:

Block
Window Features:

Blinds
Patio And Porch Features:

Covered
Security Features:

Security Gate
# of Buildings:

1
Building Area Total:

6580
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Cathedral Ceiling(s)
Furnished:

Furnished
Flooring:

Porcelain Tile
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

4645
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

St. Armands Circle, Northwest corner of Madison Drive and Blvd of the presidents.
Latitude:

27.31971
Longitude:

-82.578607
Coordinates:

-82.578607, 27.31971

The Property

Parcel Number:

2014050001
Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Completed
Property Attached:

false
Lot Features:

In County
Lot Size Acres:

0.24
Lot Size Area:

10532
Lot Size SqFt:

10532
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RSF2
View:

false
Exterior Features:

Awning(s)
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Flood Zone Panel:

12115C0129G
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1
Tax Block:

7
Tax Legal Description:

LOT 1 BLK 7 ST ARMANDS DIVISION
Tax Book Number:

2-30
Tax Annual Amount:

$45,337

Beds

Bedrooms Total:

4

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4650594
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Laundry Room

Schools

Elementary School:

Southside Elementary
Middle Or Junior School:

Brookside Middle
High School:

Booker High

The Community

Subdivision Name:

SAINT ARMANDS DIV JOHN RINGLING ESTATES
Senior Community:

false
Waterview:

false
Water Access:

Beach
Water Access:

true
Waterfront:

false
Spa:

false
Pool Private:

true
Pool Features:

Gunite
Pets Allowed:

Cats OK
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	STELLAR_MLS	$3,795,000	216.3% (63.8% / YR)
7/5/24 Jul 5, 2024	Price Changed	STELLAR_MLS
6/2/24 Jun 2, 2024	Price Changed	STELLAR_MLS

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This multifamily located in Saint Armands, Sarasota, FL 34236 is currently for sale for $3,795,000. 345 Madison Drive is a 4,645 square foot multifamily with 4 beds and 4 baths that has been on Estately for 47 days. 345 Madison Drive is in the Saint Armands neighborhood of Sarasota and has a WalkScore® of 65, making it somewhat walkable. This multifamily is in the attendance area of Southside Elementary School and Booker Middle School.

Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.