Condo on the Bay 988 988 Blvd of the Arts Unit 109 Floor 1 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $29,391/month
Highlights
- 800 Feet of Waterfront
- Marina
- Assigned Boat Slip
- Booker High School Rated A-
- White Water Ocean Views
- 1-minute walk to Central Broadway Park
About This Home
GOT YOUR ATTENTION?? YOU WOULD HAVE MISSED SEEING THIS unique "One-Of-Kind" listing IF IT WAS PRICE AT JUST $2,995,000. Compare this condo with the Ritz-Carlton Residences (RCR) located behind the Condo ON The Bay (COTB) Community. Much MORE FOR much LESS! Both communities offer tall ceilings (this home has 10’ high ceilings), new construction (this home was 100% remodeled in 2025). This home has a SEPARATE CATERING KITCHEN. Only one RCR Floor Plan has that - and you will need to pay $4M more to buy that floor plan. What’s the BIG Difference? This Home BLOCKS THE VIEW OF THE RITZ CARLTON RESIDENCES. This home has UNOBSTRUCTED sunset water views. This HOME ALSO COMES WITH A BOAT that is also in like-new condition. AND, THERE’S NO WAITING FOR A BOAT SLIP at Condo ON The Bay! BOATERS will love the community MARINA with the VERY RARE option to install a private BOAT LIFT, all set directly on the stunning shores of Sarasota Bay. Enjoy this expansive, private, pet-friendly, outdoor terrace with private access stairway DOWN TO THE POOL, SAUNA, AND NEW FITNESS CENTERS...This Home has 4,066 TOTAL SQUARE FEET. This home is HIGH & DRY. Never flooded. Not Even Close! The COTB towers have brand new roofs installed in 2025. The COTB Towers were also just painted in 2025. COTB has much lower association dues than the Ritz-Carlton Residences behind us, and there are NO PENDING ASSESSMENTS in sight. Think about this...the (comparable) “asking” price at $5M is actually lower than the Ritz-Carlton Residences located BEHIND this COTB home. The Seller is going to obviously be VERY NEGOTIABLE on price. So, COME SEE - AND COMPARE - FOR YOURSELF. The Video Tour is pretty good, but you need to see this in person. Just steps outside the front GUARD GATE is the City of Sarasota’s NEW 53-acre waterfront park called "THE BAY" Park, offering a vibrant lifestyle with open-air concerts, movies under the stars, fitness programs, and cultural attractions like the Van Wezel Performing Arts Hall and home of the Sarasota Orchestra. All of this within a short stroll to Publix Grocery Store and The Rosemary District with some of Sarasota’s top dining spots such as Ocean Prime, Rosemary & Thyme, Pazzo's, The Toasted Mango, The Breakfast Company, Station 400, Wolfie’s, Blvd Cafe, Lefty's, Spice Station, Vino Bistro...and many more. This is truly a lifestyle property that lives like no other in the community.
Listing Agent
OCEANS GLOBAL REALTY, LLC Brokerage Phone: 941-444-5444 License #3596306 Listed on: 10/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,124
Year Built
- Built in 1982
Lot Details
- West Facing Home
- Mature Landscaping
- Street paved with bricks
- Landscaped with Trees
HOA Fees
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Ground Level Parking
- Guest Parking
- Parking available for a boat
- Golf Cart Parking
- Reserved Parking
- Assigned Parking
Property Views
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Slab Foundation
- Built-Up Roof
- Concrete Siding
Interior Spaces
- 2,315 Sq Ft Home
- Open Floorplan
- Built-In Desk
- Shelving
- Bar
- Chair Railings
- Crown Molding
- High Ceiling
- Ceiling Fan
- Tinted Windows
- Sliding Doors
- Great Room
- Dining Room
- Media Room
- Inside Utility
- Sauna
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Granite
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Gate
- Smart Home
Accessible Home Design
- Accessible Approach with Ramp
Outdoor Features
- Heated Pool
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Access To Marina
- Fishing Pier
- Seawall
- Water Skiing Allowed
- Boat Lift
- Assigned Boat Slip
- Courtyard
- Wrap Around Porch
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 2009096001
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security, trash, water
- Management Corp Association
- Condo On The Bay Community
- Condo On The Bay Tower II Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- 18-Story Property
Amenities
- Sauna
- Elevator
- Community Mailbox
- Community Storage Space
Recreation
- Recreation Facilities
Pet Policy
- 2 Pets Allowed
- Dogs and Cats Allowed
Security
- Security Guard
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Condo on the Bay 988
Home Values in the Area
Average Home Value in this Area
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 | $15,972 | $698,831 | -- | -- |
| 2023 | $15,972 | $1,056,200 | $0 | $1,056,200 |
| 2022 | $6,646 | $463,455 | $0 | $0 |
| 2021 | $6,510 | $438,694 | $0 | $0 |
| 2020 | $6,577 | $432,637 | $0 | $0 |
| 2019 | $6,402 | $422,910 | $0 | $0 |
| 2018 | $6,294 | $415,025 | $0 | $0 |
| 2017 | $6,219 | $406,489 | $0 | $0 |
| 2016 | $6,209 | $670,500 | $0 | $670,500 |
| 2015 | $6,300 | $638,200 | $0 | $638,200 |
| 2014 | $6,291 | $386,426 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $5,000,000 | +66.7% | $2,160 / Sq Ft | |
| 10/22/2025 10/22/25 | For Sale | $3,000,000 | 0.0% | $1,296 / Sq Ft | |
| 03/28/2025 03/28/25 | For Rent | $18,000 | 0.0% | -- | |
| 01/23/2023 01/23/23 | Sold | $1,250,000 | -26.3% | $540 / Sq Ft | View Prior Sale |
| 12/07/2022 12/07/22 | Pending | -- | -- | -- | |
| 11/17/2022 11/17/22 | Price Changed | $1,695,000 | -5.6% | $732 / Sq Ft | |
| 07/25/2022 07/25/22 | Price Changed | $1,795,000 | -10.0% | $775 / Sq Ft | |
| 05/31/2022 05/31/22 | Price Changed | $1,995,000 | -9.3% | $862 / Sq Ft | |
| 05/17/2022 05/17/22 | For Sale | $2,200,000 | -- | $950 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $1,250,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | Construction | |
| Previous Owner | $937,500 | New Conventional |
Source: Stellar MLS
MLS Number: A4656774
APN: 2009-09-6001
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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