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For sale
    • $1,199,000

    1240 DOLPHIN BAY WAY #401, SARASOTA, FL 34242

    3beds
    2,200sqft
    : 
    $9,760/mo
    Get pre-qualified
    Condominium
    Built in 1998
    -- sqft lot
    $-- Zestimate®
    $545/sqft
    $1,985/mo HOA

    What's special

    Freshly updated exteriorThree spacious bedroomsExpansive glassed lanaiBeautifully landscaped groundsPrivate underbuilding garageRecently replaced sliding doorsThree full ensuite baths
    Huge Price Reduction!!! Fourth-floor end unit offering breathtaking views of the intracoastal waterway, featuring three spacious bedrooms and three full ensuite baths. Newly installed luxury vinyl plank flooring graces the entire unit. The expansive glassed lanai boasts recently replaced sliding doors, complete with accordion shutters on the inner doors and impact-resistant glass on the outer ones. The kitchen has been thoughtfully opened up and reconfigured for optimal enjoyment. The living and dining areas are bright and roomy. Dolphin Bay is a sought-after, gated, pet-friendly community with only 50 units, each having its own private underbuilding garage, and well-known for its vibrant atmosphere. Amenities include three Har-Tru tennis courts, an active clubhouse, fitness center, pool and spa, day dock, fishing pier, and kayak access. The complex is well-maintained, with a freshly updated exterior and new elevators in 2024, set amidst beautifully landscaped grounds. Just a short stroll to the world-renowned, white crystal sands of Siesta Key beach. Condo fees at Dolphin Bay are being lowered in 2026.
    240 days
    |
    276
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ethel Lovelace 941-586-7390,

    MICHAEL SAUNDERS & COMPANY 941-349-3444,

    Mina Johnson 608-345-7089,

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4658380MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Breakfast Room Separate, Florida Room, Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Great room
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Windows: Window Treatments
      • Has fireplace: No
      • Common walls with other units/homes: Corner Unit,End Unit
      Interior area
      • Total structure area: 2,724
      • Total interior livable area: 2,200 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Curb Parking, Garage Door Opener, Ground Level, Guest, Open, Under Building
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
      • Exterior features: Balcony, Irrigation System, Lighting
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Tennis Court, Water, Bay/Harbor - Partial, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Partial,Intracoastal Waterway
      • Waterfront features: Bay/Harbor, Bay/Harbor Access, Brackish Canal Access, Intracoastal Waterway Access, Fishing Pier, No Wake Zone, Sailboat Water
      • Body of water: LITTLE SARASOTA BAY
      Lot
      • Size: 1.4 Acres
      Details
      • Additional structures: Tennis Court(s)
      • Parcel number: 0105131145
      • Zoning: RMF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Concrete, Stucco
      • Foundation: Slab
      • Roof: Membrane,Metal
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Tennis Court(s)
      • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: DOLPHIN BAY
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
      • Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash
      • HOA fee: $1,985 monthly
      • HOA name: Elise Angeloro
      • HOA phone: 941-921-5393
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $545/sqft
      • Tax assessed value: $1,054,200
      • Annual tax amount: $12,546
      • Date on market: 12/2/2025
      • Cumulative days on market: 241 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/14/2026Price change$1,199,000-12.8%$545/sqft
        Source: Stellar MLS #A4658380 Report a problem
        12/2/2025Listed for sale$1,375,000+21.4%$625/sqft
        Source: Stellar MLS #A4658380 Report a problem
        4/30/2021Sold$1,132,500$515/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,546 -6.6%$1,054,200 -7.2%
        2024$13,437 +2.9%$1,136,351 +3%
        2023$13,055 -3%$1,103,253 +0.6%
        2022$13,458 +130.5%$1,096,900 +133.2%
        2021$5,839 -0.4%$470,294 +1.4%
        2020$5,862 +3.2%$463,801 +2.3%
        2019$5,680 $453,373 +1.9%
        2018$5,680 +2.1%$444,920 +2.1%
        2017$5,563 -2%$435,769 -28.9%
        2016$5,679 $612,900 +1.5%
        2015$5,679 +0.4%$603,900 +45.8%
        2014$5,659 +0%$414,261
        2013$5,658 +2.7%$414,261 +1.7%
        2012$5,509 +4.6%$407,336 +3%
        2011$5,264 -1.2%$395,472 +1.5%
        2010$5,328 +9.7%$389,628 +2.7%
        2009$4,858 $379,385 +0.1%
        2008$4,858 -0.5%$379,006 +3%
        2007$4,884 $367,967 +2.5%
        2006-- $358,992 +3%
        2005-- $348,536 +3%
        2004$5,063 -0.6%$338,384 +1.9%
        2003$5,094 +3.4%$332,075 +2.4%
        2002$4,927 +8.3%$324,292 +1.6%
        2001$4,550 +3.9%$319,185 +3%
        2000$4,379 $309,888
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34242

        Getting around

        17 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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