$1,500,000
Active1280 Dolphin Bay Way #504, Sarasota, FL 34242
2 beds · 2 baths · 1,840 sq ft
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · MLS# A4686981
219 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- bayfront views
- vaulted ceilings
- plantation shutters
- private den
- wet bar
- sunroom
- covered patios
- day dock
AI-selected highlights from the listing description below.
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.
Facts
- Property type
- Condominium
- Year built
- 1998
- Bathrooms
- 2 full
- Living area
- 1,840 sqft
- Waterfront
- Yes · 300 ft
- Water access
- Bay/Harbor
- Water view
- Yes
- Private pool
- No
- Exposure
- West
- Furnished
- Turnkey
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $11,483/yr
- Monthly fees
- $1,995/mo
- Listed
- Mar 20, 2026
- MLS #
- A4686981
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 1280 DOLPHIN BAY WAY #504. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$11,787
$7,585 of that is principal & interest. 36% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $7,585
- Property taxes
- $957
- Homeowners insurance
- $1,250
- Flood insurance
- $0
- HOA / condo fees
- $1,995
- Mortgage insurance (PMI)
- $0
- Total per month
- $11,787
Over the life of the loan
- Loan amount
- $1,200,000
- Down payment
- $300,000
- Total interest
- $1,530,534
- Principal + interest paid
- $2,730,534
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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1280 Dolphin Bay Way #504, Sarasota, FL 34242
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · MLS# A4686981 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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