new - 5 days on rocket

430 Monroe Dr, Sarasota, FL, 34236

$2,499,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
3,467 SqFt
$721/SqFt
House

Location

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430 Monroe Dr, Sarasota$2,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1955
HeatingCentral
CoolingCentral Air
Private PoolYes
MLS #A4628892
Lot Size0.26 Acres
StatusActive

About 430 Monroe Dr

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!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 3,467 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Janette Schafer

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Courtyard, Garden, Sliding Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 430 Monroe Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 301 & N Tamiami Trail S - At the traffic circle, take the 1st exit and stay on N Tamiami Trl. Keep right to stay on N Tamiami Trl. At the traffic circle, take the 2nd exit and stay on N Tamiami Trl. Turn right onto Gulfstream Ave. Continue onto John Ringling Cswy. Continue onto John Ringling Blvd. Turn left onto S Adams Dr. Turn right onto Monroe Dr and destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
  • Price Per SqFt: $721/SqFt

Tax Information:

  • Annual Amount: $7,081
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

430 Monroe Dr vs Sarasota

5 DAYS ON ROCKET

-57 Days

$2,499,000

+$1.9M More

$721/SqFt

+$416 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $416/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4628892

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Janette Schafer

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:19:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 30, 1998Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,081$459,887
2019$6,896$449,547
2018$6,781$441,165
2017$6,701$432,091

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-220140
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.75 miles

  • Public District Grades PK-5

school-card-donut-220141
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.42 miles

  • Public Magnet Grades KG-5

school-card-donut-220142
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 3.49 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,328. The majority of Sarasota, FL residents have income between $100k-200k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 430 Monroe Dr

What is the listing price of this property?

The listing price of 430 Monroe Dr property is $2,499,000.

What type of property is this?

The property 430 Monroe Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 430 Monroe Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,081 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 30, 1998 for $290,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 430 Monroe Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 430 Monroe Dr is 3,467 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 430 Monroe Dr is 1955.

Rocket HomesFloridaSarasota CountySarasota34236430 Monroe Dr

This home is located at 430 Monroe Dr in Sarasota, FL and zip code 34236 in the Saint Armands neighborhood. This 3,467 square foot home, which was built in 1955, sits on a 0.26 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $2,499,000.

While more than 13 listings in Sarasota, FL in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 242 were sold below. The inventory of homes for sale in Sarasota, FL between September 2024 and October 2024 decreased by 0.8%. Listings spent 62 days on the market in October 2024, and had a median list price of $520,718 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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