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$1,500,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,840 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 1280 Dolphin Bay Way #504

General

  • Price: $1,500,000
  • HOA FEE: $1,995/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $11,483 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4686981
  • Updated: 3/24/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Min. Lease: 3 Months

Interior

  • Number of Rooms: 10
  • Interior Features: Elevator, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnishings: Turnkey
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, Laundry Room

Additional Information

  • Shared Amenities: Clubhouse, Elevator(s), Gated, Pool, Tennis Court(s)
  • Pool Description: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
  • Security/Safety: Gated Community

Exterior

  • Exterior Features: Irrigation System, Tennis Court(s)
  • Deck/Patio: Covered, Enclosed, Front Porch
  • Porch/Patio/Deck: Covered, Enclosed, Front Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Circular Driveway, Covered, Garage Door Opener, On Street, Under Building

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: DOLPHIN BAY-SIESTA KEY SEC A
  • Driving Directions: South on Midnight Pass to Dolphin Bay on the left-hand side. Unit is all the way to the back through gate.
  • Direction Faces: West

School Information

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Community Features: Boat Slip, Dock, Water Access, Waterfront, Community Mailbox, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
  • Optional Amenities: Clubhouse, Elevator(s), Gated, Pool, Tennis Court(s)
  • Association: Yes
  • Assoc. Name: Elise Angeloro
  • Assoc. Fees Include: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Number of Pets: 1
  • Pet Restrictions: 45lbs.
  • Management Type: Full Time
  • Mgmt. Company: Full Time

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: SARASOTA BAY
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Public, Water Connected

Structural Information

  • Architectural Info: Coastal
  • Architectural Style: Coastal
  • Exterior Const.: Block, Stucco
  • Roof: Built-Up
  • Windows: Blinds
  • Stories/Levels: One
  • Square Feet: 1,840
  • Sq. Ft. Source: Public Records
  • Year Built: 1998

Lot Features

  • Property View: Water
  • Frontage: Private Road
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor
  • Water Front Name: SARASOTA BAY
  • Water Front Desc.: Waterfront, Bay/Harbor

Financial Considerations

  • Assoc Fee Desc.: None
  • Condo Fee: $5,985
  • Condo Fee Freq: Quarterly
  • Tax Amount: $11,483
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: UNIT 504 DOLPHIN BAY-SIESTA KEY SEC A
  • Flood Zone Info: AE
  • APN: 105131119
  • Property ID: 105131119

Listed by Premier Sotheby's International Realty

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— 1280 Dolphin Bay Way #504 —

  • Premier Sotheby's International Realty

  • Premier Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1280 Dolphin Bay Way #504

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-51.6 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-82.6 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1280 Dolphin Bay Way #504 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$1,500,000
7.14%
MLS
6/15/2022
Sold
$1,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1280 Dolphin Bay Way #504

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,740
-13%
$933,300
-8%
2024
$12,355
-1%
$1,013,300
-1%
2023
$12,470
54%
$1,022,700
55%
2021
$8,089
—
$659,201
-3%
2022
$8,067
—
$678,977
4%
2021
$8,089
1%
$650,100
1%
2019
$8,009
11%
$644,838
11%
2018
$7,211
—
$581,195
2%
2017
$7,182
—
$569,241
2%
2016
$7,210
-2%
$557,533
1%
2015
$7,345
—
$553,657
1%
2014
$7,320
—
$549,263
1%
2013
$7,320
—
$541,146
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premier Sotheby's International Realty

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1280 Dolphin Bay Way #504, Sarasota, FL 34242 (MLS# A4686981) is a Condo property with 2 bedrooms and 2 full bathrooms. 1280 Dolphin Bay Way #504 is currently listed for $1,500,000 and was received on March 23, 2026. Want to learn more about 1280 Dolphin Bay Way #504? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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