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Under contractPrice improved $176,000257 days on market
$1,199,000$1,375,000
1240 DOLPHIN BAY WAY #401SARASOTA, FL 34242DOLPHIN BAY · Condominium
3Beds
3Baths
2,200Sq ft
1.4 acLot
1-carGarage
1998Built
YesWaterfront
About this home
Under contract-accepting backup offers. Huge Price Reduction!!! Fourth-floor end unit offering breathtaking views of the intracoastal waterway, featuring three spacious bedrooms and three full ensuite baths. Newly installed luxury vinyl plank flooring graces the entire unit. The expansive glassed lanai boasts recently replaced sliding doors, complete with accordion shutters on the inner doors and impact-resistant glass on the outer ones. The kitchen has been thoughtfully opened up and reconfigured for optimal enjoyment. The living and dining areas are bright and roomy. Dolphin Bay is a sought-…
Description as provided by the listing brokerage.
Highlights
- Water frontage — Bay/Harbor
- Balcony
- Lighting
- Ceiling Fans(s)
- Crown Molding
- Eat-in Kitchen
- Split Bedroom
- Stone Counters
- Walk-In Closet(s)
The details
StatusUnder contract
MLS #MFRA4658380
Property typeCondominium
Year built1998
Lot size1.4 ac
Living area2,200 sq ft
Price per sq ft$545
CDDNo
Taxes$12,546 (2025)
Garage1-car
Stories5
Days on market257
CountySarasota
Flood zoneAE (verify)
ListedAug 13, 2025
Features & property details
Interior
Full baths3
Half baths0
Rooms3
Additional roomsBreakfast Room Separate,Florida Room,Inside Utility
FlooringCeramic Tile, Luxury Vinyl
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
Interior featuresCeiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
LaundryInside, Laundry Room
FireplaceNo
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric
In-law suite0
Exterior & lot
Exterior featuresBalcony, Lighting
Patio & porchCovered, Enclosed, Front Porch, Patio, Rear Porch, Screened
ViewTennis Court, Water
Other structuresTennis Court(s)
FacesNorthwest
Road surfaceAsphalt
Construction
ConstructionBlock, Concrete, Stucco
FoundationSlab
RoofMembrane, Metal
Living area sourcePublic Records
Building area (sq ft)2,724
Parking
GarageYes
Attached garageYes
CarportNo
Parking featuresCovered, Curb Parking, Garage Door Opener, Ground Level, Guest, Open, Basement
Pool & water
PoolHeated
SpaYes
Spa featuresHeated
WaterfrontBay/Harbor
Water bodyLITTLE SARASOTA BAY
Water accessBay/Harbor,Canal - Brackish,Intracoastal Waterway
Water viewBay/Harbor - Partial,Intracoastal Waterway
Water extrasFishing Pier,No Wake Zone,Sailboat Water
Waterfront feet50
Dock1
Dock detailsDock - Composite,Dock w/Electric,Dock w/Water Supply
Dock dimensions0x0
Community & HOA
AssociationElise Angeloro
Fee includesCommon Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash
AmenitiesClubhouse, Elevators, Fitness Center, Gated, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
Fee requirementNone
Approval required1
Total monthly fees$1,985
Total annual fees$23,820
Monthly condo fee$1,985
Condo fees$5,955
Condo fee termQuarterly
Community featuresAssociation Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Tennis Court(s), Street Lights
55+ communityNo
PetsSize Limit, Yes
Pet restrictionsRefer to HOA.
Pet sizeMedium (36-60 Lbs.)
Max pet weight45
Number of pets1
Minimum lease3 Months
Lease restrictions1
Lease notesRefer to HOA
SW communityDolphin Bay-Siesta Key
Building
BuildingNA
Unit401
Floor4
Elevator1
Utilities & efficiency
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Sprinkler Well, Water Connected
SewerPublic Sewer
Water sourcePublic
Financial & terms
CDD0
Tax year2,025
Homestead1
Listing termsCash, Conventional
OwnershipCondominium
Special conditionsNone
ZoningRMF3
OccupantOwner
MLS area34242 - Sarasota/Crescent Beach/Siesta Key
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
Schools
ElementaryPhillippi Shores ElementarySarasota County
MiddleBrookside MiddleSarasota County
HighSarasota HighSarasota County
School assignments change; verify with the district before relying on them.
More like this
Stellar MLSMLS# MFRA4658380Listing courtesy of MICHAEL SAUNDERS & COMPANYLast updated Aug 17, 2026, 4:49 PM