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$1,500,000

1280 DOLPHIN BAY WAY UNIT 504, SARASOTA, FL 34242

3D Tour
Active197 days on market

Beds

2

Baths

2

Sq Ft

1,840 sq ft

Year Built

1998

Lot Size

—

Garage

1

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4686981
StatusActive
Year Built1998
Stories5
Total Rooms10
ConstructionBlock, Stucco
RoofBuilt-Up
FoundationSlab
FacesWest
SubdivisionDOLPHIN BAY-SIESTA KEY SEC A
CountySarasota
OwnershipFee Simple
FurnishedTurnkey

Interior Features

InteriorElevator, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
LaundryInside, Laundry Room
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric
SecurityGated Community

Exterior & Lot

ExteriorIrrigation System, Tennis Court(s)
Lot FeaturesCul-De-Sac, Flood Insurance Required, FloodZone, In County
Road SurfaceAsphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesWaterfront, Bay/Harbor

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Public, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$1,500,000
Annual Taxes$11,483 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRMF3
Parcel #0105131119

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

South on Midnight Pass to Dolphin Bay on the left-hand side. Unit is all the way to the back through gate.

Location

1280 DOLPHIN BAY WAY UNIT 504, SARASOTA, FL 34242

Listing Information

OfficePREMIER SOTHEBY'S INTERNATIONAL REALTY
ListedMarch 23, 2026

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Home Price

$1,500,000

20% ($300,000)
6.75%

Loan Term

Principal & Interest$7,783
Property Tax (est.)$1,375
Insurance (est.)$150
Total Monthly$9,308
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: October 4, 2026.

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