When was property at 430 Monroe Drive built and last sold?

The property at 430 Monroe Drive was built in 1955 and last sold on Oct 30, 1998 for $290,000.

How much is this home worth?

The estimated value of the home located at 430 Monroe Drive is $0.

What are some comparable homes to 430 Monroe Drive?

There are currently no comparable homes to 430 Monroe Drive.

Sarasota

34236

St. Armands

430 MONROE DRIVE

$1,325,000

● House - Off Market

430 MONROE DRIVE

SARASOTA, FL 34236

5 Beds

5 Baths

3,467 Ft²

$8,039

Est. Monthly

3.26%

Cap Rate

About This Property

OPPORTUNITY and LOCATION!! PRICE DROP! This expansive 11,472-square-foot lot, perfectly positioned near the world-class shopping, fine dining, and artistic allure of St. Armands Circle, offers the ideal setting for a luxurious coastal lifestyle. Featuring a 5-bedroom, 5-bathroom home sold AS-IS, this property has already undergone substantial recovery efforts following the recent hurricanes, including professional demo, mold remediation, and sanitization. Boasting a private pool and surrounded by tropical landscaping, the lot provides ample space for expansion, while the 40-foot maximum height restriction allows for a multi-level estate with sweeping views. Located just minutes from Lido Key Beach's pristine shoreline, this property offers the perfect blend of serenity and sophistication. Whether you envision an elegant renovation or a brand-new build, this is a rare opportunity to own a piece of paradise in one of Sarasota's most coveted locations. Schedule your private tour today!

Unit Size

3,467 Ft²

Days on Market

138 days

Land Size

0.26 acres

Price per sqft

$433

Property Type

House

Property Taxes

$673

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4628892)

Price History

Date / Event	Date	Event
Apr 2, 2025	Sold	Premium
Sold
Mar 19, 2025	In contract	-
In contract
Mar 9, 2025	Price Decreased	$1,500,000 ↓ $499K (25%)
Price Decreased
Feb 22, 2025	Price Decreased	$1,999,000 ↓ $500K (20%)
Price Decreased
Feb 15, 2025	Relisted	$2,499,000
Relisted
Jan 24, 2025	In contract	-
In contract
Nov 15, 2024	Listed by COLDWELL BANKER REALTY	$2,499,000
Listed by COLDWELL BANKER REALTY
Oct 30, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 2000
Building Count: 1
Total Rooms: 9
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 6
Roof Shape Type: 8
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 510
Parking Space Count: 2
Patio Type: 5
Porch Type: 102
Pool Type: 8
Location Influence Type: 113

Dimensions

Lot Size Square Feet: 11,472

Total Building Area: 3,977
Gross Building Area: 3,977
Building Area: 3,467
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 3,467
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SAINT ARMANDS DIVISION JOHN RINGLING EST
Land Acres: 0000000263
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 12 BLK 18 ST ARMANDS DIV

Neighborhood

School District Name: Sarasota County School District

School Tax School District: T02 T02D A055
Census Tract: 000700

Zoning

Zoning: RSF2

Geography

Assessors Map Reference: 16

Account Number: 2014140007
Subdivision Tract Number: 489
Parcel: 2014-14-0007
Block: 18
Lot: 12
Meridian: SEC 26 TWN 36S RNG 17E
Municipality: CITY OF SARASOTA
Latitude: 27.3173
Longitude: -82.5754

Address

Full Address: 430 Monroe Dr

Address - House Number: 430
Address - Street Name: Monroe
Address - Suffix Type: Dr
State: FL
City Name: Sarasota
Carrier Code: C038
4-Digit Zip Code: 1715
Zip Code: 34236

Valuation

Tax

Total Area: 3,977

Tax Year: 2023
Tax Amount: $807,677
Tax Rate Code Area: 0200

Appraisal Valuation

Standard Deviation: 0.1686

Valuation Date: Jan 10, 2024
Confidence Score: 78
Final Value: 1,973,722
High Value: 2,306,551
Low Value: 1,640,894

Market Valuation

Market Total Value: $2,013,200

Market Land Value: $1,558,300
Market Improvement Value: $454,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $549,932

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 30, 1998

Current Sale Recording Date: Oct 30, 1998
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1998145133

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About St. Armands

Stats & Trends

Median Asking:

$1,870,000

Sale Price/ft²

$897

Below Asking

0.03%

Average Days on Market

Average Home Size

3557 ft²

Average Home Age

38.1 years

Currently For Sale

24 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11 Sunset Drive, SARASOTA, FL, 34236

$4,800 /mo

2 Beds
2 Baths
1,380 ft²

11 Sunset Drive #505, SARASOTA, FL, 34236 Listing by Lee Brewer

Unit for rent at 450 Gulf Of Mexico Drive, LONGBOAT KEY, FL, 34228

$4,950 /mo

2 Beds
2 Baths
1,301 ft²

450 Gulf Of Mexico Drive #303, LONGBOAT KEY, FL, 34228 Listing by Diann Thelen

Unit for rent at 226 Golden Gate Point, SARASOTA, FL, 34236

$4,500 /mo

2 Beds
2 Baths
1,396 ft²

226 Golden Gate Point #44, SARASOTA, FL, 34236 Listing by Alba Lange

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Janette Schafer
COLDWELL BANKER REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4628892

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

430 MONROE DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About St. Armands

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions