1 month on rocket

345 Madison Dr, Sarasota, FL, 34236

$4,995,000

3 Bedrooms
2 Full Baths, 1 Partial
2,596 SqFt
$1,924/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Garage Faces Side
Attached Garage2 spaces
Year Built1994
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
ViewCity
Private PoolYes
MLS #A4604605
Lot Size0.24 Acres
StatusActive

About 345 Madison Dr

Step into the epitome of luxury living on St. Armands Circle, the crown jewel of Suncoast Living, where every detail reflects the essence of Sarasota's vibrant lifestyle. Boasting 5 bedrooms, 3 and ½ baths, and over 4,600 sqft of finished living space including a first floor that is fully updated and finished non conforming space that encompasses a family room, game/ recreation room and other flex spaces. This remarkable, turn key fully furnished home offers an unparalleled experience just a stone's throw from Lido Beach and steps to St. Armands Circle. Meticulously renovated over the past two years, this home leaves no stone unturned, featuring a chef’s kitchen equipped with top-of-the-line Wolf, Subzero, and Bosch appliances, complemented by new quartz countertops and exquisite craftsmanship. The interior dazzles with wood and marble flooring, remodeled bathrooms, and upgraded lighting and ceiling fans, all showcasing contemporary elegance. The property also benefits from an updated roofing system with skylights for enhanced natural lighting, while high-impact windows and doors provide safety and noise reduction. Stay comfortable year-round with updated A/C units (2022/2023) and enjoy outdoor living at its finest with a fully updated pool area, new travertine decking, and meticulously landscaped grounds complete with irrigation and modern fencing. The exterior boasts newly installed copper gutters, a striking front door, and a custom-crafted privacy wall adorned with bespoke ceramic artwork by a renowned Florida artist. Enhanced security features, including a complete surveillance system, alarm system, and new gate openers, ensure peace of mind. This isn’t just a home, it’s a lifestyle choice, offering unparalleled access to the best of Sarasota within minutes and your feet in the sand within steps. Welcome to the epitome of Florida living at 345 Madison Drive. Be sure to experience the 3D Matterport Virtual Tour Experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1994
  • Stories: 2
  • Living Area: 2,596 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Brian Wood

Interior Features

Interior Information:

  • Appliances: Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Wood
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City
  • Exterior: Awning(s), Balcony, French Doors, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Garage Faces Side

Lot Features

Lot Information:

  • Lot: Corner Lot, Flood Zone, City Lot, Irregular Lot, Landscaped, Near Marina, Near Public Transit, Private, Sidewalk, Paved
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,995,000
  • Price Per SqFt: $1,924/SqFt

Tax Information:

  • Annual Amount: $14,959
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

345 Madison Dr vs Sarasota

32 DAYS ON ROCKET

-30 Days

$4,995,000

+$4.4M More

$1,924/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $1.6K/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4604605

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Brian Wood

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2010Home Sold
$840,000
May 19, 2006Home Sold
$1,100,000
Sep 08, 2004Home Sold
$950,000
Jun 26, 1998Home Sold
$530,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,959$945,773
2019$14,580$924,509
2018$14,347$907,271
2017$13,732$860,458

History based on county public records data.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1891707
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.98 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1891708
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 4.76 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1891709
3
/10
  • Booker High School

  • 3201 N Orange Ave

  • 3.88 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,328. The most common annual income of people living in Sarasota, FL is between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 345 Madison Dr

What is the listing price of this property?

The listing price of 345 Madison Dr property is $4,995,000.

What type of property is this?

The property 345 Madison Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 345 Madison Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 345 Madison Dr are:
Southside Elementary School: GreatSchools Rating 10/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,959 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2010 for $840,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 345 Madison Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 345 Madison Dr is 2,596 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 345 Madison Dr is 1994.
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Rocket HomesFloridaSarasota CountySarasota34236345 Madison Dr

This home is located at 345 Madison Dr in Sarasota, FL and zip code 34236 in the Saint Armands neighborhood. This 2,596 square foot home, which was built in 1994, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $4,995,000.

Over 30 listings were sold over their listed price in March 2024 in Sarasota, FL. In the same period over 414 listings were sold below the listed price and 87 listings were sold for the listed price. The number of homes for sale in Sarasota, FL increased by 3.8% between February 2024 and March 2024. In March 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $513,207.

From Rocket Homes Real Estate and based on county public records data.

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