Listing Details for MLS # A4628892
430 Monroe Drive, Sarasota, Fl 34236

Residential Property - Single Family Residence in Sarasota

Listing Price: $2,499,000Days on Market: 1

Description of Property

Introducing an exceptional opportunity to own a 5-bedroom, 5-bathroom home 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. This home 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!The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $8,897,800. This single family residence is listed at about 28% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $2,200,000 and $2,800,000 currently listed for sale in this Zip code.