Skip To Content

328 Monroe Drive

Sarasota, FL 34236
  • $5,799,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: A4559301
UPDATED: 30 min ago
$5,799,000
  • 8
    BEDS
  • 0.34
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,931
    SQFT
  • $1,475
    $/SQFT
Type:
Single-Family Home
Built:
2020
County:
Area:

School Ratings & Info

Description

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 investors 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

Monthly Payment Calculator




© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2023-05-29T21:42:41.473.
www.privateclientgroupfl.com/homes/136599331
Print Image

328 Monroe Drive Sarasota, FL 34236

  • Price: $5,799,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 30 min ago
  • MLS #: A4559301
8
Beds
8
Baths
0
½ Baths
0.34
Acres
3,931
SQFT
$1,475
$/SQFT
2020
Built
Neighborhood:
Saint Armands Div John Ringling Estates
County:
Sarasota
Area:
Sarasota
Property Description
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 investors 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
Exterior Features

Architectural Style Coastal Attached Garage Yn Yes Carport Yn No Construction Materials StuccoVinyl SidingWood Frame Covered Spaces 2 Direction Faces Northwest Exterior Features French DoorsIrrigation SystemLightingOutdoor GrillOutdoor KitchenRain GuttersSidewalkSliding Doors Foundation Details Slab Lot Features Historic DistrictOversized LotSidewalk Open Parking YN Yes Parking Features DrivewayGarage Door OpenerGarage Faces SideGround Level Pool Features DeckGuniteIn GroundTile Pool Private Yn Yes Road Surface Type Paved Roof Metal Spa Features HeatedIn Ground Spa YN Yes Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerMicrowaveRange HoodRefrigerator Building Area Total 5159 Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace Yn Yes Flooring Porcelain TileTile Furnished Furnished Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(S)Eating Space In KitchenHigh Ceiling(S)Master Bedroom Main FloorOpen FloorplanThermostatVaulted Ceiling(S)Walk-In Closet(S)Window Treatments Laundry Features InsideLaundry Room Levels One Room Count 3 Rooms Kitchen (Granite Counters) Master Bedroom Living Room (Bar) Sewer Public Sewer Stories Total 1 Water Source Public Window Features BlindsDrapes

Property Features

Additional Lease Restrictions See Lido Key Restrictions For Rentals. Association Approval Required Yn No Association Yn No Builder Name Eason Builders Group Cdd Yn No Down Payment Resource No Flood Zone Code Ae Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Week Month To Month Or Weekly Yn Yes New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Condition Completed Property Description Elevated Property Sub Type Single Family Residence Security Features Closed Circuit Camera(S)Security System Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Saint Armands Division John Ringling Estates Tax Annual Amount 32952.39 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedFire HydrantSewer ConnectedUnderground UtilitiesWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Rsf2


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Exp Realty Llc: 888-883-8509.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2023-05-29T21:42:41.473.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4559301-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4559301-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4559301-2.jpg
Logo
The Private Client Group | Keller Williams on the Water
1549 Ringling Boulevard 6th floor
Sarasota FL, 34236