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$1,500,000
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Property Description
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
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: 64 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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Schools
Schools serving 1280 Dolphin Bay Way #504
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.6 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.6 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4.1 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
Date
Details
Price
Change
Source
3/23/2026
Listed
$1,500,000
7.14%
MLS
6/15/2022
Sold
$1,400,000
—
Public Record
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1280 Dolphin Bay Way #504
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.

