Active
$1,500,000
Est. $9,530/mo

1280 Dolphin Bay Way #504, Sarasota, FL, 34242

$815/sqft·Dolphin Bay-siesta Key Sec A

2 bd2 ba1,840 sqft1 car garageCondominium
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY· Last updated · MLS# A4686981

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Est. monthly payment
$9,530/mo
Down payment (20%)
$300,000
Property taxes
$957/mo
Rate assumed
6.8% · 30 yr
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At a glance

Condo
5 stories · 1998
Waterfront
Bay/Harbor
Community pool
Fitness center too
1 car garage
Circular Driveway
1,840 sqft
Living area

About this home

ElevatorHigh CeilingsPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomVaulted Ceiling(s)Walk-in Closet(s)

1280 Dolphin Bay Way #504 is a 1998-built home in Dolphin Bay-siesta Key Sec A, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,840 square feet of living space. Listed at $1,500,000 (about $815/sqft), 110 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

At the pinnacle of an intimate, gated community on world-renowned Siesta Key, this penthouse condominium offers a rare opportunity to enjoy sweeping bayfront living with breathtaking views stretching across the water to the skyline of Sarasota. Offered turnkey furnished, this beautifully maintained residence is ready for immediate enjoyment, whether as a full-time home or a luxurious island retreat. Inside, vaulted ceilings and tile floors enhance the light-filled interior, while plantation shutters add timeless coastal elegance throughout. The thoughtfully designed layout features two bedrooms with walk-in closets and two baths, including an oversized primary suite that provides a spacious and relaxing retreat. Near the dining area is a private den with sleeper sofa for extra guests. The kitchen features white wood cabinets with solid surface countertops and eat-in dining space. A wet bar just off the kitchen can be used as a dedicated coffee station or wine bar. The sunroom extends the living area, inviting you to unwind while enjoying spectacular sunset views over the bay. Go outside to enjoy one of the two covered front patios, ideal for morning coffee or evening breezes. The residence also includes the convenience of a private single-car garage, a desirable feature for island living. With only 50 residences, this gated waterfront community offers a rare sense of privacy and exclusivity. Residents enjoy an exceptional collection of amenities, including a resort-style pool and spa, three desired Har-Tru tennis courts, fitness center and community grilling area, all supporting the vibrant and social lifestyle the community is known for. The day dock and kayak launch provide direct access to the bay for fishing, paddleboarding, kayaking, or simply docking and enjoying the waterfront setting. Experience the best of Siesta Key penthouse living, where panoramic bay views, resort-style amenities and an active waterfront lifestyle come together in one extraordinary residence.

The essentials

Built
1998
Price / sqft
$815
On market
172 days
Annual tax
$11,483
Flood zone
AE
Type
Condominium

Location

1280 Dolphin Bay Way #504
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Condominium
Year Built
1998
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Circular Driveway, Covered, Garage Door Opener, On Street, Basement
Waterfront
Bay/Harbor
Days on Market
172
Elevator
High Ceilings
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Vaulted Ceiling(s)
Walk-in Closet(s)
Tennis Court(s)
Community Mailbox
Fitness Center
Gated Community - No Guard
Pool
Sidewalks
Special Community Restrictions
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$11,483

Parcel #

0105131119

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Dolphin Bay-siesta Key Sec A

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

-

Cul-De-SacFlood Insurance RequiredFloodZoneIn CountyPrivate
Date
Event
Price
3/23/2026
Listed for sale
Source: Stellar MLS #A4686981
$1,500,000
$815/sqft
Est. monthly payment$9,530/mo
Principal & interest$7,823
Property taxes$957
Insurance$750
Down payment20% · $300,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,500,000
$1.43M – $1.50M
95.2% – 100% of listTops out right at the list price
80% of listList price
35 of the last 68 condo closings in 34242 landed at this number or higher (51%). The median one sat 126 days before it went under contract, and this one is on day 172.

Sample: 68 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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