$3,295,000
Active345 Madison Dr, Sarasota, FL 34236
4 beds · 3.5 baths · 4,645 sq ft
Listing courtesy of COMPASS FLORIDA LLC · MLS# A4675129
320 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Impact-rated windows and doors
- New roof with skylights
- Fully renovated pool
- Travertine decking
- Custom privacy wall
- Turnkey furnished residence
AI-selected highlights from the listing description below.
Experience refined coastal living in the heart of St. Armands Circle, Sarasota’s premier destination for luxury shopping, fine dining, and island living. This fully turnkey, furnished 4-bedroom, 3.5-bath residence is ideally located just steps from world-class amenities and a short stroll to Lido Beach. Extensively renovated with coastal elegance in mind, this home features impact-rated windows and doors, a new roof with skylights, updated HVAC systems, designer flooring, remodeled bathrooms, upgraded lighting, and premium finishes throughout. The chef’s kitchen showcases Wolf, Sub-Zero, and Bosch appliances, quartz countertops, and custom cabinetry. The private outdoor retreat offers a fully renovated pool, travertine decking, lush landscaping, modern fencing, copper gutters, and a custom privacy wall featuring ceramic artwork by a celebrated Florida artist. Located in one of Sarasota’s most iconic destinations, this rare turnkey residence offers a unique opportunity for full-time living, a seasonal retreat, or an exceptional rental opportunity. Embrace effortless access to Lido Beach, St. Armands Circle, and the best of Sarasota’s island lifestyle.
Facts
- Property type
- Single Family Residence
- Year built
- 2014
- Bathrooms
- 3 full, 1 half
- Living area
- 4,645 sqft
- Lot size
- 0.26 acres
- Private pool
- Yes
- Exposure
- Southeast
- Furnished
- Turnkey
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $44,372/yr
- Listed
- Dec 12, 2025
- MLS #
- A4675129
Price & status history
- Listed for $3,395,000
- Price reduced to $3,295,000from $3,675,000
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 345 MADISON DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$23,105
$16,661 of that is principal & interest. 28% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $16,661
- Property taxes
- $3,698
- Homeowners insurance
- $2,746
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $23,105
Over the life of the loan
- Loan amount
- $2,636,000
- Down payment
- $659,000
- Total interest
- $3,362,073
- Principal + interest paid
- $5,998,073
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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345 Madison Dr, Sarasota, FL 34236
Listing courtesy of COMPASS FLORIDA LLC · MLS# A4675129 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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