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$5,799,000
47 Days Online

328 Monroe Drive
Sarasota, FL 34236

For Sale|Single Family Home|Active
8
Beds
8
Full Baths
0
Partial Baths
3,931
SqFt
$1,475
/SqFt
2020
Built
Subdivision:
Saint Armands Div John Ringling Estates
County:
Sarasota
Listing courtesy of EXP REALTY LLC

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941 730 7756
328 Monroe Drive328 Monroe Drive328 Monroe Drive328 Monroe Drive
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Rare 8 bedroom 8 bathroom fully furnished luxury island home on Lido Key!! Steps from St. Armands Circle and 3 blocks from the beautiful sandy beaches of Lido Key, this luxury home is an investor’s dream! When you arrive at the home you are immediately greeted by opulence as you enter through the impressive raised grand entryway boasting unrivaled craftsmanship and exquisite architectural finishes. Plank tile flooring, luxurious lighting, and tall ceilings flood the remarkable space creating an elevated experience for all to enjoy. You are gently guided towards the heart of the home - the kitchen - lined with custom cabinetry, high end appliances, a massive U-shaped center island providing banquet-style seating, and an impeccable back-splash that ties the entire space together - a chef's dream. Gather loved ones in the living room as you take in the beautiful surroundings and share laughter, stories, and memories around the fireplace offering sweeping views of the luxury pool just beyond the sliding doors, cohesively blending outdoor and indoor living. Entertain outdoors in the sprawling oasis that includes lush landscaping surrounding the truly magical beach-entry pool and patio space. Read a good book from the comfort of shade under the covered seating area to escape the midday sun or use the space for dining al-fresco on warmer evenings. Walk the elevated pathway through the pool to the sunken cabana and oversized spa or lounge in one of the submerged resort-quality lounger chairs or water bar stools throughout the pool. The remarkable backyard also offers a full outdoor kitchen and living space, providing the perfect amount of shade combined with a subtle breeze to enjoy any warm Floridian day. Find your peace within the walls of the primary suite - the perfect combination of abundant natural light and luxurious but elegant finishes. The impressive lavish ensuite provides the same high-end design with functionality with a deep soaking tub, expansive shower, and dual vanities. Each of the remaining bedrooms offers beautiful finishes and decor, large closets, and views of the surrounding oasis. Walk just across the street to nearby St. Armands Circle for world-renowned shopping and dining, or make the quick trip towards famous Siesta Key, nearby golf courses, three blocks to the beach, Downtown Sarasota, entertainment, and nature preserves. Choose to live year-round in this truly one-of-a-kind masterpiece or continue to rent it out on a weekly basis as a high-income-producing vacation rental with a fully equipped garage space with bicycle and beach accessories - the choice is yours! All that's left for you to do is pack your bags and start your next adventure on Monroe Drive! Currently being used as a vacation rental and is under contract until January 15 2024. - 2021 Gross Revenue : $415, 902 - 2022 Gross Revenue : $558, 148 - 2023 Gross Revenue : $172, 680

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Listing Snapshot
Price 
$5,799,000
Days Online 
47 Days
Bedrooms 
8
Inside Area (SqFt) 
3,931 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
2020
MLS Number 
A4559301
Status 
Active
Property Tax 
$32,952
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS
3 weeks agoPrice changed to $5,799,000
2 months agoListing first seen online
General Features
Style 
Coastal
Construction 
StuccoVinyl Siding
Parking 
DrivewayGarage Door OpenerGarage Faces SideGround Level
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.34
Water 
Public
Security 
Closed Circuit Camera(s)Security System
Property Sub Type 
Single Family Residence
Garage Spaces 
2
Attached Garage 
Yes
Utilities 
Electricity ConnectedSewer ConnectedUnderground UtilitiesWater Connected
Foundation 
Slab
Zoning 
RSF2
Direction Faces 
Northwest
Minimum Lease 
1 Week
Ownership 
Fee Simple
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
Appliances 
Bar FridgeBuilt- In OvenCooktopDishwasherDisposalDryerMicrowaveRange HoodRefrigerator
Flooring 
Tile
Furnished? 
Furnished
Interior 
Ceiling Fans(s)Eat-in KitchenHigh CeilingsMaster Bedroom Main FloorOpen FloorplanThermostatVaulted Ceiling(s)Walk-In Closet(s)Window Treatments
Fireplace Features 
Living Room
Laundry Features 
InsideLaundry Room
Window Features 
BlindsDrapesImpact Glass/ Storm Windows
Fireplace 
Yes
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Exterior Features
Roof 
Metal
Pool 
true
Spa 
Yes
Pool Features 
DeckGuniteIn GroundTile
Spa Features 
HeatedIn Ground
Waterfront Property 
No
Private Pool 
true
Exterior 
French DoorsIrrigation SystemLightingOutdoor GrillOutdoor KitchenRain GuttersSidewalkSliding Doors
Lot 
Historic DistrictLandscapedOversized LotSidewalkPaved
Community Features
Pets 
Yes
Township 
36S
Senior Community 
No
MLS Area 
34236 - Sarasota
Security Features 
Closed Circuit Camera(s)Security System
Listing courtesy of EXP REALTY LLC



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Stellar MLS.
Data last updated at: 2023-03-20 08:05 AM EDT

Neighborhood & Commute
Source: Walkscore
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