tomo logo

$2,499,000

Beds
5
Baths
5.0
sq ft
3,467

430 Monroe Dr, Sarasota, FL 34236

430 Monroe Dr

SARASOTA, FL 34236

  • 37 days on market
Introducing an exceptional opportunity to own a 5-bedroom, 5-bathroom home or build a new construction residence in the prestigious St. Armands Key, Florida. This residence sits on an expansive 11,472-square-foot lot, just steps from St. Armands Circle’s renowned boutique shops, gourmet dining, and vibrant arts scene. Sold AS-IS, the home has undergone recent recovery efforts following Hurricane Helene and Milton. Most of the interior has been demoed, with mold remediation and sanitization completed, providing a safe, clean slate for further construction to take place. The spacious layout includes a private pool, creating a serene outdoor oasis ideal for relaxation or entertaining, all set against the backdrop of tropical landscaping. With a 40-foot maximum height restriction and room to expand upon existing structures, this property is primed for transformation into a personalized masterpiece OR tear it down and build a custom residence to enjoy for years to come. This large lot combines location and potential, with the perfect balance of Sarasota’s coastal elegance and vibrant lifestyle. St. Armands Circle is a vibrant hub on St. Armands Key, known for its unique blend of upscale boutiques, gourmet dining, and charming sidewalk cafes. This enchanting area is rich in history and designed with European-inspired elegance, offering residents and visitors alike a perfect mix of luxury and leisure. Just minutes away, Lido Key Beach provides a stunning escape with its pristine white sands and clear, turquoise waters, ideal for sunbathing, beachcombing, and enjoying breathtaking Gulf Coast sunsets. Together, St. Armands Circle and Lido Key Beach create an unmatched lifestyle that perfectly captures Sarasota’s coastal charm and sophisticated flair. Contact us today for a private preview and explore the endless possibilities of owning a piece of paradise in St. Armands Key!

Details

Property type

Single Family Residence

Lot size

0.26 acres

Price per sq ft

$721

Year built

1955

Annual property taxes

$8,076.77

HOA

No

Price History

11/15/2024
StellarMLS

StellarMLS #A4628892

Listed
$2,499,000

Schools & Community

Neighborhood: 

St. Armands

Elementary school: 

Southside Elementary

Middle school: 

Booker Middle

High school: 

Sarasota High

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Status: Active

Tomo last checked: 12/22/2024 at 9:25 AM

Listing updated: 12/15/2024 at 4:09 PM

Listed by: Janette Schafer, COLDWELL BANKER REALTY Phone #: (941) 366-8070

MLS: StellarMLS #A4628892

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