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Sold for $1,283,000
  • $1,283,000

    1240 DOLPHIN BAY WAY #502, SARASOTA, FL 34242

    2beds
    1,915sqft
    Condominium
    Built in 1998
    -- sqft lot
    $1,189,100 Zestimate®
    $670/sqft
    $7,608 Estimated rent

    Home value

    $1,189,100

    $1.09M - $1.31M

    $7,608/mo

    Zestimate® history
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    What's special

    Bayview Beauty! Stunningly upgraded and newly furnished from Arhaus. This bayfront community of only 50 condos is described as very social, relaxing, and fun by its many full-time residents, giving it a friendly neighborhood feel. The location is unbeatable, with easy beach access and a trolley stop right outside. This top floor condo with cathedral ceilings and designer flooring has a floorplan that flows like a single-family home. Over 2000 square feet of living space (larger than most homes on the key) provides maximum comfort while resulting in a lower price per square foot. A spacious lanai offers amazing views of the intracoastal waterway. The remodeled kitchen features quartz countertops, new cabinets, a stainless farmers sink, and GE Profile appliances. Dolphin Bay amenities include a clubhouse, fitness center, tennis courts, day dock, pool, spa, and a private garage under the building. Pets are welcome, too! Don't miss out on this beautiful and unique condominium.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ethel Lovelace 941-586-7390,

    MICHAEL SAUNDERS & COMPANY 941-349-3444,

    Mina Johnson 941-404-9347,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Katina Shanahan, 3340889

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4589599MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Level: First
    • Dimensions: 16x14
    Bedroom 2
    • Level: First
    • Dimensions: 12x13
    Primary bathroom
    • Level: First
    • Dimensions: 12x13
    Bathroom 2
    • Features: Tub with Separate Shower Stall
    • Level: First
    • Dimensions: 11x7
    Balcony porch lanai
    • Level: First
    • Dimensions: 17x14
    Dining room
    • Level: First
    • Dimensions: 11x12
    Family room
    • Level: First
    • Dimensions: 16x11
    Kitchen
    • Level: First
    • Dimensions: 14x11
    Laundry
    • Level: First
    • Dimensions: 7x7
    Living room
    • Level: First
    • Dimensions: 17x19
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Elevator, Primary Bedroom Main Floor, Stone Counters, Thermostat
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 2,315
    • Total interior livable area: 1,915 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage Door Opener, Open, Under Building
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch
    • Exterior features: Balcony, Lighting
    • Pool 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: Waterfront, Intracoastal Waterway, Bay/Harbor Access, Intracoastal Waterway Access, Fishing Pier
    • Body of water: INTRACOASTAL WATERWAY
    Lot
    • Features: Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 0105131149
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • Completed
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Dock, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
    • Security: Gated Community
    • Pet fee: $0 monthly
    • Subdivision: DOLPHIN BAY
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Tennis Court(s)
    • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $2,068 monthly
    • HOA name: Elise Angeloro
    • HOA phone: 941-921-5393
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $670/sqft
    • Tax assessed value: $985,500
    • Annual tax amount: $7,313
    • Date on market: 11/16/2023
    • Cumulative days on market: 156 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    5/14/2024Sold$1,283,000-1.2%$670/sqft
    Source: Stellar MLS #A4589599 Report a problem
    4/22/2024Pending sale$1,299,000$678/sqft
    Source: Stellar MLS #A4589599 Report a problem
    4/11/2024Price change$1,299,000-5.7%$678/sqft
    Source: Stellar MLS #A4589599 Report a problem
    3/29/2024Price change$1,377,000-1.6%$719/sqft
    Source: Stellar MLS #A4589599 Report a problem
    2/14/2024Price change$1,399,000-4.5%$731/sqft
    Source: Stellar MLS #A4589599 Report a problem
    2/6/2024Price change$1,465,000-2%$765/sqft
    Source: Stellar MLS #A4589599 Report a problem
    11/16/2023Listed for sale$1,495,000+145.1%$781/sqft
    Source: Stellar MLS #A4589599 Report a problem
    6/4/2001Sold$610,000+62.7%$319/sqft
    Source: Public Record Report a problem
    8/11/1998Sold$375,000$196/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,110 +45.5%$985,500 +41.2%
    2024$8,323 +3.3%$697,887 +3%
    2023$8,061 +10.2%$677,560 +10.5%
    2022$7,314 -0.2%$613,262 +3%
    2021$7,326 -0.7%$595,400 +7.8%
    2020$7,379 -10.9%$552,300 -12.2%
    2019$8,280 $629,400 +1.7%
    2018$8,280 +1.6%$619,000 +7.5%
    2017$8,146 +1.7%$575,800
    2016$8,011 $575,800 +1.5%
    2015$8,011 -1.4%$567,300 +9%
    2014$8,122 +7.8%$520,600
    2013$7,534 +6.1%$520,600 +5.4%
    2012$7,100 -0.6%$493,900 -2.3%
    2011$7,140 -12.5%$505,700 -10.6%
    2010$8,157 -14.4%$565,700 -10.9%
    2009$9,525 $634,600 -11.5%
    2008$9,525 -11.7%$717,100 -11.7%
    2007$10,791 $812,500 -5.6%
    2006-- $860,400 +20.2%
    2005-- $715,534 +21.5%
    2004$9,080 +17.6%$589,000 +22.1%
    2003$7,721 +27.1%$482,473 +27%
    2002$6,073 +62.4%$379,900 +42%
    2001$3,739 +3%$267,519 +3%
    2000$3,631 $259,727
    Find assessor info on the county website

    Neighborhood: 34242

    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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    Estimated market value
    $1,189,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,189,100