$1,500,000
1280 Dolphin Bay Way
Sarasota, FL 34242
Listing updated: May 9, 2026 at 3:06 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history47 days on market
- Status: ActiveMar 23, 2026
- Listed$1,500,000Mar 23, 2026
- Price increased$1,500,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 47
- Subdivision
- Dolphin Bay-Siesta Key Sec A
- County
- Sarasota
- Year built
- 1998
- Living area
- 1,840 sq ft
- Price/sq ft
- $815
- Building area
- 2,217 sq ft (Public Records)
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE (12115C0143G)
- Garage
- 1 spaces
- Annual taxes
- $11,483 (2025)
- Parcel #
- 0105131119
- Zoning
- RMF3
- MLS #
- A4686981
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Interior features
- Elevator, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
- Parking features
- Circular Driveway, Covered, Garage Door Opener, On Street, Basement
HOA & Financial
- Total monthly fees
- $1,995/mo
- Total annual fees
- $23,940
- HOA name
- Elise Angeloro
- CDD
- No
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See association rules.
- Approval process
- See association rules.
Exterior & Construction
- Exterior features
- Tennis Court(s)
- Construction materials
- Block, Stucco
- Roof
- Built-Up
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 16x17 |
| Dining Room | First | 12x17 |
| Kitchen | First | 14x12 |
| Primary Bedroom | First | 22x14 |
| Bedroom 2 | First | 12x11 |
| Den | First | 12x9 |
| Foyer | First | 8x8 |
| Primary Bathroom | First | 10x10 |
| Balcony/Porch/Lanai | First | 14x12 |
| Balcony/Porch/Lanai | First | 12x11 |
Listing Details
- Listing date
- 2026-03-20
- On market date
- 2026-03-23
- Original list price
- $1,500,000
- Occupant type
- Tenant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-03-23
- Tax legal description
- UNIT 504 DOLPHIN BAY-SIESTA KEY SEC A
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on Midnight Pass to Dolphin Bay on the left-hand side. Unit is all the way to the back through gate.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 9, 2026 at 3:06 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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