$2,000,000
988 Blvd Of The Arts
Sarasota, FL 34236
Listing updated: July 17, 2026 at 5:06 PM ET
Listing courtesy of Bright Realty · John Brink · MLS #A4695584 · Active · 941-552-6036Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Auction Property. NOT A DISTRESSED SALE and there's NO AUCTIONEER. This is a uniquely marketed, INDEPENDENT AUCTION, that's as "Simple as 1, 2, 3". — Buying RESIDENCE 109 is as simple as (1) scheduling a PRIVATE PREVIEW APPOINTMENT during the designated, 3RD WEEKEND IN JULY, then (2) completing your inspections and then (3) submitting one, confidential, HIGHEST-AND-BEST OFFER before the published JULY 23RD DEADLINE. Unlike an auction house presentation, there's NO BUYER PREMIUM tacked onto the buyer's offer. YOUR OFFER IS YOUR TOTAL BID. To promote buyer confidence, there is an Extensive, Online-Due-Diligence-Package that includes: A Pre-Home Inspection Report and Two Independent Appraisals - intended to inform, not determine, the final price. CALL YOUR AGENT for details and make your bid prior to the BID SUBMISSION DEADLINE. Beyond its innovative purchase process — RESIDENCE 109 — offers luxury rarely found in Sarasota condominium living: ELEVATED PRIVATE GARDEN TERRACE, SOARING 10-FOOT CEILINGS, PRIVATE ENTRANCE WITH NO ELEVATOR EVER REQUIRED, and a CONCEALED SCULLERY / SECOND KITCHEN hidden behind pocket doors with its own sink, dishwasher, wall oven, and food & beverage prep space — keeping the main waterfront kitchen visually pristine while entertaining. The comprehensive renovation was completed in 2026. Enjoy UNOBSTRUCTED SARASOTA BAY SUNSETS and the colorful RINGLING BRIDGE LIGHTS from both outside and inside the home. The ELEVATED PRIVATE OUTDOOR LIVING AREA sits above resort amenities below with PRIVATE—GATED—ACCESS down to the marina, two heated pools, two saunas, three fitness centers, tennis, and four pickleball courts. The MARINA supports Kayak/Paddle Board Storage and BOAT LIFTS. Off-Shore enthusiasts have direct access to Sarasota Bay and quick access to the Gulf. Located adjacent to Sarasota's acclaimed 53-acre waterfront park, The Bay — with concerts, trails, dining, and 20+ restaurants and cultural attractions within 10 blocks. — A transparent, buyer-friendly opportunity unlike any traditional auction. — Have your agent direct you to the property website and download your PRIVATE copy the Property Package, Registration Package and the Sample Purchase Agreement.
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 history20 days on market
- Status: ActiveJun 27, 2026
- Listed$2,100,000Jun 27, 2026
- Price reduced$2,000,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 20
- Cumulative DOM
- 208
- Subdivision
- Condo On The Bay Tower Ii
- County
- Sarasota
- Year built
- 1982
- Living area
- 2,315 sq ft
- Price/sq ft
- $864
- Building area
- 4,115 sq ft (Estimated)
- Lot size
- 122,096 sq ft
- Flood zone
- AE (12115C0133G)
- Garage
- 2 spaces
- Annual taxes
- $10,648 (2025)
- Parcel #
- 2009096001
- Zoning
- DTB
- MLS #
- A4695584
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Granite, Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Chair Rail, Crown Molding, Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Assigned, Boat, Covered, Electric Vehicle Charging Station(s), Golf Cart Parking, Ground Level, Guest, Basement, Underground
HOA & Financial
- Total monthly fees
- $2,240/mo
- Total annual fees
- $26,884
- HOA name
- Hope Aranguren
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Board approval process.
- Approval process
- See condo rules and regs attached.
Exterior & Construction
- Exterior features
- Dog Run, Lighting, Playground, Private Yard, Sauna, Sliding Doors, Storage, Tennis Court(s)
- Construction materials
- Concrete
- Roof
- Membrane
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Brick, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Fiber Optics, Public, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Number Limit
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 3 | First | |
| Bedroom 2 | First | |
| Primary Bedroom | First | |
| Kitchen | First | |
| Kitchen | First | |
| Dining Room | First | |
| Great Room | First |
Listing Details
- Listing date
- 2026-06-12
- On market date
- 2026-06-27
- Original list price
- $2,100,000
- Occupant type
- Owner
- Special conditions
- Auction
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Home warranty
- Yes
- Status changed
- 2026-06-27
- Tax legal description
- UNIT 109 CONDOMINIUM ON THE BAY TOWER 2
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
APPOINTMENT ONLY. AUCTION OPEN DAYS BY APPOINTMENT ONLY. From Tamiami Trail turn west on Blvd Of The Arts. Turn left at the waterfront into the community. Drop your client off at "988" Building's Lobby Circle and then park in "988" parking on the backside of the 988 building. Owner will meet you in the "988" Building's Lobby.
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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 July 17, 2026 at 5:06 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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