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For sale
  • $1,500,000

    1280 DOLPHIN BAY WAY #504, SARASOTA, FL 34242

    2beds
    1,840sqft
    : 
    $11,239/mo
    Get pre-qualified
    Condominium
    Built in 1998
    -- sqft lot
    $1,385,700 Zestimate®
    $815/sqft
    $1,995/mo HOA

    What's special

    Turnkey furnishedCommunity grilling areaPrivate single-car garageResort-style pool and spaBeautifully maintained residenceVaulted ceilingsTile floors
    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.
    126 days
    |
    105
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Sherman 941-313-1301,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000,

    Bridgett Tackett-Byzewski 941-780-0462,

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: A4686981MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 308 Square Feet
      • Dimensions: 22x14
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Primary bathroom
      • Features: Tub with Separate Shower Stall
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Balcony porch lanai
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Balcony porch lanai
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Den
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 12x9
      Dining room
      • Level: First
      • Area: 204 Square Feet
      • Dimensions: 12x17
      Foyer
      • Level: First
      • Area: 64 Square Feet
      • Dimensions: 8x8
      Kitchen
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Living room
      • Level: First
      • Area: 272 Square Feet
      • Dimensions: 16x17
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Elevator, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,217
      • Total interior livable area: 1,840 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Circular Driveway, Covered, Garage Door Opener, On Street, Under Building
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Enclosed, Front Porch
      • Exterior features: Irrigation System, Tennis Court(s)
      • Pool features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
      • Has view: Yes
      • View description: Water, Bay/Harbor - Full
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full
      • Waterfront features: Waterfront, Bay/Harbor, Bay/Harbor Access
      • Body of water: SARASOTA BAY
      Lot
      • Features: Cul-De-Sac, Flood Insurance Required, FloodZone, In County
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0105131119
      • Zoning: RMF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Coastal
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Built-Up
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Public, Water Connected

      Community & HOA

      Community
      • Features: Boat Slip, Dock, Water Access, Waterfront, Community Mailbox, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
      • Security: Gated Community
      • Pet fee: $0 monthly
      • Subdivision: DOLPHIN BAY-SIESTA KEY SEC A
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Elevator(s), Gated, Pool, Tennis Court(s)
      • Services included: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $1,995 monthly
      • HOA name: Elise Angeloro
      • HOA phone: 941-921-5393
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $815/sqft
      • Tax assessed value: $933,300
      • Annual tax amount: $11,483
      • Date on market: 3/23/2026
      • Cumulative days on market: 127 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $1,385,700

        $1.32M - $1.45M

        $5,523/mo

        Price history

        DateEventPrice
        3/23/2026Listed for sale$1,500,000+7.1%$815/sqft
        Source: Stellar MLS #A4686981 Report a problem
        7/6/2025Listing removed$6,000$3/sqft
        Source: Stellar MLS #A4607725 Report a problem
        6/11/2024Price change$6,000-20%$3/sqft
        Source: Stellar MLS #A4607725 Report a problem
        4/18/2024Listed for rent$7,500$4/sqft
        Source: Stellar MLS #A4607725 Report a problem
        10/18/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        9/6/2022Listed for rent$7,500$4/sqft
        Source: Zillow Rental Network_1 #A4546887 Report a problem
        6/15/2022Sold$1,400,000+0.7%$761/sqft
        Source: Public Record Report a problem
        5/16/2022Pending sale$1,390,000$755/sqft
        Source: Stellar MLS #A4533845 Report a problem
        5/2/2022Listed for sale$1,390,000+80.5%$755/sqft
        Source: Stellar MLS #A4533845 Report a problem
        8/17/2004Sold$770,000+82.6%$418/sqft
        Source: Public Record Report a problem
        10/13/1998Sold$421,800$229/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,483 -7.1%$933,300 -7.9%
        2024$12,355 -0.9%$1,013,300 -0.9%
        2023$12,470 +54.6%$1,022,700 +50.6%
        2022$8,067 -0.3%$678,977 +3%
        2021$8,089 -0.6%$659,201 +1.4%
        2020$8,134 +1.6%$650,100 +0.8%
        2019$8,009 $644,838 +11%
        2018$8,009 +11.1%$581,195 +2.1%
        2017$7,211 -1.8%$569,241 -8.2%
        2016$7,345 $620,100 +1.5%
        2015$7,345 +0.3%$611,000 +12.9%
        2014$7,320 0%$541,146
        2013$7,320 +2.7%$541,146 +1.7%
        2012$7,124 -0.7%$532,100 -2.3%
        2011$7,175 -23.4%$544,900 -16.9%
        2010$9,369 -14.5%$655,900 -10.9%
        2009$10,956 $735,900 -11.5%
        2008$10,956 -12.2%$831,500 -12.1%
        2007$12,474 $946,200 -5.3%
        2006-- $999,600 +20.2%
        2005-- $831,845 +21.1%
        2004$10,496 +3.4%$687,000 +6.7%
        2003$10,152 +27.7%$644,144 +27%
        2002$7,952 +48.6%$507,200 +42%
        2001$5,353 +2.6%$357,175 +3%
        2000$5,215 $346,772
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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