$1,475,000
SOLD JUN 6, 2024

Dolphin Bay Club 1280 Dolphin Bay Way Unit 404 Sarasota, FL 34242

2 Beds
2 Baths
2,042 Sq Ft
$2,068/mo HOA Fee

Recently Sold

$722 Per Sq Ft

8% Below List Price

132 Days on Market

Highlights

  • 175 Feet of Intracoastal Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated In Ground Pool

About This Home

As of June 2024

WOW WATER VIEWS, lives like a home with the neighborhood lifestyle! This stunning waterfront condominium offers breathtaking full bay views, vibrant sunrises, and colorful sunsets. Located in a very social and welcoming neighborhood, it is a quick half mile to the public beach. Utilize the trolley stop out front to enjoy live entertainment and dining anywhere on Siesta Key. The state-of-the-art kitchen features granite countertops, double convection ovens, warming drawer, wine cooler, beverage refrigerator, and more. The master bedroom has a built-in desk and a luxurious master bath. The guest bedroom has an ensuite and private patio. High-impact windows and solid wood doors provide peace of mind. There is a one car private garage under the building as well as plenty of open parking (a rare find on the Key). Amenities include a clubhouse, pool, spa, tennis courts, and fitness center. This pet-friendly community is perfect for those seeking an active waterfront lifestyle while fostering lifelong friendships. Come see why so many people are choosing to call Dolphin Bay home!

Last Agent to Sell the Property

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0598345

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Mina Johnson

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

Last Buyer's Agent

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #0598345

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,295

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Irrigation

HOA Fees

  • $2,068 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outside Bathroom Access

Outdoor Features

  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

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, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, sewer, trash, water
  • Elise Angeloro Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Mid-Rise Condominium
  • Dolphin Bay Siesta Key Community
  • Dolphin Bay Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 45 lbs
  • 1 Pet Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,295

Year Built

Built in 1997

Lot Details

0

HOA Fees

$2,068 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2042
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2217
  • Directions to Property: From Stickney Point bridge turn North onto Midnight Pass Road. Dolphin Bay is on East side of street across from Wells Fargo Bank, just before Beach Road. Building 1280 is the last building.
  • 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 Boulevard
  • Escrow Street Number: 5100
  • Floor Number: 4
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 722.33
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Fishing,Intracoastal Waterway
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Shades, Window Treatments
  • Street Number Modifier: 1280
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 189.71
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 175
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F
  • Water Frontage Feet ICW: 175

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Elise Angeloro
  • Phone: 941-921-5393
  • Association: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Refer to Association
  • Association Fee Requirement: Required
  • Building Name Number: 1280
  • Condo Fees: 6204
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2068
  • Pet Size: Medium (36-60 Lbs.)
  • Association URL: https://pcmfla.com

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: 0105131114
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Association

Tax Info

  • Tax Annual Amount: 7294.52
  • Tax Book Number: 32-5
  • Tax Lot: 404

Multi Family

  • Waterfront Features: Intracoastal Waterway
  • Approval Process: Refer to Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jun 5, 2024
Sold by
Mereness Helen Conley and Mereness Connie L
Bought by
Sullivan Paula and Sullivan Kerry
Seller's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
List Price
$1,599,900
Sold Price
$1,475,000
Premium/Discount to List
-$124,900
-7.81%
Total Days on Market
132
Views
64
Current Estimated Value
$1,417,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,873
Avg. Annual Appreciation
-1.73%

Purchase Details

Listed on
Sep 13, 2018
Closed on
Aug 5, 2019
Sold by
Culloo Joseph B and Culloo Regina A
Bought by
Mereness Connie L and The Connie L Mereness Trust
Seller's Agent
Ethel Lovelace
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Sandra Strom
List Price
$999,900
Sold Price
$965,000
Premium/Discount to List
-$34,900
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$50,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 4, 2016
Sold by
Schmergel Valerie and Schmergel Gabriel
Bought by
Culloo Joseph B and Culloo Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2001
Sold by
Ziemba Richard and Ziemba Jeannine M
Bought by
Schmergel Valerie and Schmergel Gabriel

Purchase Details

Closed on
Dec 16, 1997
Sold by
D B Dev Assoc Ltd
Bought by
Ziemba Richard T and Ziemba Jeannine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
7.26%

Map

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 Type Sale Price Title Company
Warranty Deed $1,475,000 Msc Title
Warranty Deed $965,000 Attorney
Warranty Deed $760,000 Attorney
Warranty Deed $650,000 --
Warranty Deed $389,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $311,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $1,475,000 -7.8% $722 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $1,599,900 +65.8% $783 / Sq Ft
08/05/2019 08/05/19 Sold $965,000 -3.5% $473 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $999,900 +3.6% $490 / Sq Ft
06/11/2019 06/11/19 Off Market $965,000 -- --
04/28/2019 04/28/19 Price Changed $999,900 +0.1% $490 / Sq Ft
04/28/2019 04/28/19 Price Changed $999,000 -4.8% $489 / Sq Ft
03/24/2019 03/24/19 Price Changed $1,049,000 -3.8% $514 / Sq Ft
02/16/2019 02/16/19 Price Changed $1,090,000 -5.2% $534 / Sq Ft
09/13/2018 09/13/18 For Sale $1,149,900 -- $563 / Sq Ft
Source: Stellar MLS

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 $7,295 $636,798 -- --
2023 $7,295 $618,250 $0 $0
2022 $7,086 $600,243 $0 $0
2021 $7,095 $582,760 $0 $0
2020 $7,131 $574,714 $0 $0
2019 $10,050 $827,400 $0 $827,400
2018 $8,394 $640,100 $0 $640,100
2017 $7,968 $595,400 $0 $595,400
2016 $8,161 $595,400 $0 $595,400
2015 $8,254 $586,600 $0 $586,600
2014 $8,370 $538,400 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: A4592453

Stellar MLS

APN: 0105-13-1114