1240 DOLPHIN BAY WAY #401

SARASOTA, FL 34242

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4658380

$1,199,000

Active Under Contract

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Property Details

Bedrooms

Bathrooms

Square Feet

2,200

MLS#

A4658380

Listed

December 2, 2025

Description

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-after, gated, pet-friendly community with only 50 units, each having its own private underbuilding garage, and well-known for its vibrant atmosphere. Amenities include three Har-Tru tennis courts, an active clubhouse, fitness center, pool and spa, day dock, fishing pier, and kayak access. The complex is well-maintained, with a freshly updated exterior and new elevators in 2024, set amidst beautifully landscaped grounds. Just a short stroll to the world-renowned, white crystal sands of Siesta Key beach. Condo fees at Dolphin Bay are being lowered in 2026.

Facts & Costs

Property type: Condominium
Year built: 1998
Lot size: 1.4 acres
Stories: 5
Garage: 1 spaces
Price per sq ft: $545
Days on market: 303
Private pool: No
Waterfront: Yes
Community: Dolphin Bay-Siesta Key
Subdivision: DOLPHIN BAY
County: Sarasota
Flood zone: AE

Monthly & yearly costs

Property taxes: $12,546 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central, Electric
Cooling: Central Air
Flooring: Ceramic Tile, Luxury Vinyl
Roof: Membrane, Metal
Construction: Block, Concrete, Stucco
Parking: Covered, Curb Parking, Garage Door Opener, Ground Level, Guest, Open, Basement
View: Tennis Court, Water

Payment Estimate

$7,108 / month

Principal & interest: $6,063
Property taxes: $1,046
HOA: $0
Home insurance: enter below

Down payment (20%)$239,800Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Built-In Oven
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Refrigerator
Washer
Wine Refrigerator
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Living Room/Dining Room Combo
Split Bedroom
Stone Counters
Walk-In Closet(s)
Window Treatments
Balcony
Lighting
Heated
Bay/Harbor

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 8:15 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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