430 Monroe Drive Sarasota, FL 34236

$2,499,000
5
Beds
5
Baths
0.26
Acres
3,467
SQFT
721
$/SQFT
$2,499,000
5
Beds
5
Baths
3,467   sf
$721 / sf
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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!

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!

Listed by:
Coldwell Banker Realty

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Week

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • Has garage
  • Garage Attached
  • Pool
  • Pool Below Ground
  • Stucco

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Laundry Hookup

Style

  • Multi Level

Financing

  • Cash
  • Conventional Financing
  • FHA Loan
  • VA Loan
  • None
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