$2,499,000
For Sale

430 MONROE DRIVE

Sarasota, FL 34236
4247 sqft | 5 beds | 5 baths | 0.26 acres | #A4628892
Browse 46 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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!

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Public
      • SubdivisionSAINT ARMANDS DIV JOHN RINGLING ESTATES
      • Exterior MaterialsCourtyard, Garden, Sliding Doors
      • Property SubtypeSingle Family Residence
      • Elementary SchoolSouthside Elementary
      • Middle SchoolBooker Middle
      • High SchoolSarasota High
      • Sewer InformationPublic Sewer
      • Original List Price$2,499,000
      • Property TypePurchase
      • CountySarasota
      • MLS #A4628892
      • MLS #A4628892
      • Cost2499000
      • Utility SourcePublic
      • Taxes Annual$8,076
      • InteriorOther
      • Acres0.26
      • Square Feet4247
      • Year Built1955
      • FoundationSlab
      • Days on Market (Cumulative)40
      • Bedrooms5
      • Bathrooms5
      • Full Baths5
      • Stories2
      • Parking Spaces1

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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