$965,000
SOLD AUG 5, 2019

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

2 Beds
2 Baths
2,042 Sq Ft
$800/mo HOA Fee

Recently Sold

$473 Per Sq Ft

3% Below List Price

273 Days on Market

Highlights

  • 175 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Phillippi Shores Elementary School Rated A
  • Parking available for a boat
  • Public Beach

About This Home

As of June 2024

FULL DIRECT BAY VIEWS! You will feel and see the "WOW" inside and outside this exquisitely appointed condo! Custom designed upgraded condo, this property is amazing. Your culinary dream kitchen is here! Exquisite soft close cabinetry and granite countertops, double convection ovens with warming drawer, electric cook top with vented hood, wine cooler, beverage refrigerator,
glass cooler and ice maker, drawer style microwave, instant-hot system, television and dry-bar. The dining room will accommodate any size furniture. The master bedroom has a built-in desk and stunning master bath and designer closets. The guest bedroom has an ensuite with closet and private patio. There is an additional stand-alone closet and storage as well. There are solid wood doors throughout the condo. Dolphin Bay offers a wonderful clubhouse , pool, spa, tennis courts, fishing and day dock. One medium 45 lb. pet is allowed. Private enclosed garage #2.

Last Agent to Sell the Property

Ethel Lovelace

MICHAEL SAUNDERS & COMPANY License #0598345

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Harvey Lovelace

License #0598356

Last Buyer's Agent

Sandra Strom

License #0383075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,394

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • Public Beach
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Open Parking
  • Parking available for a boat

Property Views

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Florida Architecture
  • Patio Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,042 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • 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
  • Gunite Pool
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Dolphin Bay Siesta Key Community
  • Dolphin Bay Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Greenbelt
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 45 lbs
  • 1 Pet Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,394

Year Built

Built in 1997

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida, Patio, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2042
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2217
  • Directions to Property: From North Bridge take Siesta Drive to Higel to Midnight Pass go South, or go North of South Bridge (Stickney Point) go North to Midnight Pass Road to Dolphin Bay on East side of street. (Intracoastal Water Way)
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4413411&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4413411&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9651
  • Price per Sq Ft: 472.58
  • Close to Original List Price Ratio: 0.8392
  • Ratio: Current Price\Building Area Total: 435.27
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, High Ceiling(s), 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: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Shades, Window Treatments, Storm Window(s)
  • Street Number Modifier: 1280
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen, Storage, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Waterfront Frontage: 175
  • Water Frontage Feet Bay Harbor: 175
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: No
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9600
  • Total Monthly Fees: 800

Schools

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

Lot Info

  • Parcel Number: 0105131114
  • Additional Parcels: No
  • Lot Features: Greenbelt, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 45
  • Minimum Lease: 3 Months
  • Approval Process: See Additional Docs
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Additional Docs

Tax Info

  • Tax Annual Amount: 8394
  • Tax Book Number: 32-5
  • Tax Lot: 404

Multi Family

  • Waterfront Features: Bay/Harbor

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
273
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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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: A4413411

Stellar MLS

APN: 0105-13-1114