NOT LISTED FOR SALE

Dolphin Bay Club 1240 Dolphin Bay Way Unit 502 Sarasota, FL 34242

Estimated Value: $1,126,000 - $1,231,000

2 Beds
2 Baths
1,915 Sq Ft
$2,068/mo HOA Fee

Last Sold May 14, 2024

Last sale price $1,283,000 $670 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $9,109/month

155 Days on Market

Highlights

  • 210 Feet of Intracoastal Waterfront
  • Dock has access to electricity
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Intracoastal View

About This Home

As of May 2024

Bayview Beauty! Stunningly upgraded and newly furnished from Arhaus. This bayfront community of only 50 condos is described as very social, relaxing, and fun by its many full-time residents, giving it a friendly neighborhood feel. The location is unbeatable, with easy beach access and a trolley stop right outside. This top floor condo with cathedral ceilings and designer flooring has a floorplan that flows like a single-family home. Over 2000 square feet of living space (larger than most homes on the key) provides maximum comfort while resulting in a lower price per square foot. A spacious lanai offers amazing views of the intracoastal waterway. The remodeled kitchen features quartz countertops, new cabinets, a stainless farmers sink, and GE Profile appliances. Dolphin Bay amenities include a clubhouse, fitness center, tennis courts, day dock, pool, spa, and a private garage under the building. Pets are welcome, too! Don't miss out on this beautiful and unique condominium.

Last Agent to Sell the Property

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0598345 Listed on: 11/16/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Mina Johnson

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3379013

Last Buyer's Agent

Katina Shanahan

COLDWELL BANKER REALTY License #3340889

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,314

Year Built

  • Built in 1998

Lot Details

  • Northwest Facing Home
  • Landscaped

HOA Fees

  • $2,068 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Open Parking

Property Views

Home Design

  • Penthouse
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,915 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Inside Utility
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • Dock has access to electricity
  • Open Dock
  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Elise Angeloro Association, Phone Number (941) 921-5393
  • Dolphin Bay Siesta Key Community
  • Dolphin Bay Subdivision
  • Association Owns Recreation Facilities
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 45 lbs
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,314

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,068 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1915
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2315
  • Directions to Property: From Stickney Point South bridge turn North onto Midnight Pass Road. Dolphin Bay is on East side of street (bay side). Across from Wells Fargo Bank just before Beach Road.
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Blvd
  • Escrow Street Number: 5100
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 669.97
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Penthouse
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open,Dock w/Electric
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Dock,Water Access,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Primary Bedroom Main Floor, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 1240
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 177.91
  • Room Count: 10

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Tennis Court(s)
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting
  • Roof: Metal
  • Pool Private: No
  • View: Tennis Court, Water
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 210
  • Water Frontage Feet ICW: 210

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Open, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: Elise Angeloro
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Gated Community, Secured Garage / Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Ask Association
  • Association Fee Requirement: None
  • Building Name Number: 1240
  • Condo Fees: 6204
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: PCM
  • Monthly Condo Fee Amount: 2068
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 24816.00
  • Total Monthly Fees: 2068.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0105131149
  • Additional Parcels: No
  • Lot Features: Landscaped, Private
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Ask Association

Tax Info

  • Tax Annual Amount: 7313.51
  • Tax Book Number: 32-5
  • Tax Lot: 502

Multi Family

  • Waterfront Features: Intracoastal Waterway
  • Approval Process: Ask Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
May 14, 2024
Sold by
Assaly Marwan and Assaly Peggy L
Bought by
Wynant John Scott and Richardson Katherine
Seller's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Katina Shanahan
COLDWELL BANKER REALTY
List Price
$1,495,000
Sold Price
$1,283,000
Premium/Discount to List
-$212,000
-14.18%
Views
93
Current Estimated Value
$1,168,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,123
Avg. Annual Appreciation
-7.13%

Purchase Details

Closed on
Jun 1, 2001
Sold by
Grace Donald J
Bought by
Assaly Marwan and Assaly Peggy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.11%

Purchase Details

Closed on
Aug 10, 1998
Sold by
D B Dev Assoc Ltd
Bought by
Grace Donald J and Grace Robin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wynant John Scott $1,283,000 Clear Title Group
Assaly Marwan $610,000 --
Grace Donald J $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Assaly Marwan $395,300
Previous Owner Assaly Marwan $390,000
Previous Owner Grace Donald J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,283,000 -1.2% $670 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $1,299,000 -5.7% $678 / Sq Ft
03/29/2024 03/29/24 Price Changed $1,377,000 -1.6% $719 / Sq Ft
02/14/2024 02/14/24 Price Changed $1,399,000 -4.5% $731 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,465,000 -2.0% $765 / Sq Ft
11/16/2023 11/16/23 For Sale $1,495,000 -- $781 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,061 $697,887 -- --
2023 $8,061 $677,560 $0 $0
2022 $7,314 $613,262 $0 $0
2021 $7,326 $595,400 $0 $595,400
2020 $7,379 $552,300 $0 $552,300
2019 $8,280 $629,400 $0 $629,400
2018 $8,146 $619,000 $0 $619,000
2017 $7,735 $575,800 $0 $575,800
2016 $7,921 $575,800 $0 $575,800
2015 $8,011 $567,300 $0 $567,300
2014 $8,122 $520,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ethel Lovelace

    Seller's Agent in 2024

    Ethel Lovelace

    Michael Saunders

    (941) 586-7390

    37 in this area

    71 Total Sales

    Section Image
  • Mina Johnson

    Seller Co-Listing Agent in 2024

    Mina Johnson

    Michael Saunders

    (941) 404-9347

    39 in this area

    80 Total Sales

    Section Image
  • Katina Shanahan

    Buyer's Agent in 2024

    Katina Shanahan

    COLDWELL BANKER REALTY

    (941) 702-0437

    4 in this area

    144 Total Sales

    Section Image
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About Dolphin Bay Club

Map

Source: Stellar MLS

MLS Number: A4589599

Stellar MLS

APN: 0105-13-1149

Florida Sarasota County Sarasota 34242

1240 Dolphin Bay Way Unit 502, Sarasota, FL

This home is located at 1240 Dolphin Bay Way Unit 502, Sarasota, FL 34242 since 16 November 2023 and is currently estimated at $1,168,877, approximately $610 per square foot. This property was built in 1998. 1240 Dolphin Bay Way Unit 502 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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