Residential Property - Condominium in Sarasota
SOLD for $1,905,000 on August 4, 2023
Listing Price: $1,950,000Sold Price: $1,905,000Sold Price/List Price: 98%
Sold Price/Original List Price: 69.27%
Description of Property
DRASTIC REDUCTION OF $400K. Bring your buyer and your offer today. Condo is priced well below comps that are attached to the listing. Rarely available 3 bedroom, 12th floor condo with wrap around windows offering stunning Sarasota Bay & Gulf views to the west and spectacular city scapes to the southeast. You can actually watch the sunset and the moon rise at the same time. Condo on the Bay is located on a 9 acre gated peninsula within walking distance to the center of downtown and immediately next door to the new Bayfront Park and Van Wezel Performing Arts Center. Your view will never be blocked by another building as this is direct bayfront. The property boasts resort style amenities like a pool that juts into the bay where you can watch dolphins play; fishing piers, docks, tennis and pickleball courts. If you want to make friends, Condo on the Bay offers a variety of social activities to participate in. There is 24 hour security and a concierge on duty everyday from 8-6. You will never need to unload your own groceries again. The concierge will do this and take them to your condo. Condo on the Bay is just over the bridge from Armand's Circle and Lido Beach and just 6 miles from the world famous Siesta Key beach. The airport is conveniently located 4 miles away and offers many new flight destinations. Next door is the new world class Bay Park featuring walking trails, kayak rentals, boat launch, performing arts center, restaurant, playground and many activities and entertainment. This unit has the perfect layout with a split bedroom floor plan. The expansive ensuite primary bedroom has a direct bay view, walk in closet and a luxurious bath with a separate tub dual vanities and a shower. The separated guest wing has 2 bedrooms, (one has been turned into a den but can be changed back to a bedroom) 1.5 baths. The den has a custom built office with floor to ceiling bookcases and sliders out to a second balcony overlooking the city. The kitchen and living area are perfectly laid out for entertaining with refined finishes and sophisticated appointments. The spacious open floor plan leads you to two private balconies. Your wine collection will find plenty of room in the 500 bottle wine refrigerators. The kitchen features a Sub-Zero refrigerator and 2 drawer freezer, Dacor wall oven/cooktop & warming oven, Miele dishwasher. New hurricane sliders were installed in May 2022. Life at Condo on the Bay gives you the best of both worlds with the convenience of being downtown and the luxury of walking out your door to enjoy the many waterfront activities. Attached to the listing is a feature list of upgrades that have been made. A structural inspection report along with a board summary and plan regarding the milestone report are attached. Listing agent lives on property and will make showings easy to schedule. Bring offer on regular contract.

Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Condo On The Bay Tower Ii
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,460
Sq. Ft. Living Area: 2,315
Cost per (heated) sqare foot: $842
Year built: 1982
Annual Tax: $7,700
Condo Fee: $1,705 Quarterly
HOA Fee: $4,310 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- 24-Hour Guard
- Cable TV
- Common Area Taxes
- Community Pool
- Escrow Reserves Fund
- Insurance
- Maintenance Structure
- Maintenance Grounds
- Manager
- Pest Control
- Pool Maintenance
- Private Road
- Recreational Facilities
- Security
- Sewer
- Trash
- Water
Interior Features:
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Master Bedroom Main Floor
- Open Floorplan
- Solid Surface Counters
- Solid Wood Cabinets
- Split Bedroom
- Walk-In Closet(s)
- Window Treatments
Appliances:
- Bar Fridge
- Dishwasher
- Disposal
- Electric Water Heater
- Freezer
- Ice Maker
- Microwave
- Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Bamboo
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Bay/Harbor
Water View: Bay/Harbor - Full
Water Name: Sarasota Bay
Water Extras:
- Dock - Composite
- Dock - Slip 1st Come
- Dock - Wood
- Dock w/Electric
- Dock w/Water Supply
- Fishing Pier
- Seawall - Concrete
Exterior & Construction
Property Features:
Architectural Style:
Rooms: 6
- Block
- Concrete
- Stucco
Foundation: Slab
- Built-Up
- Concrete
- Membrane
- Balcony
- Irrigation System
- Lighting
- Outdoor Grill
- Outdoor Shower
- Sliding Doors
- Storage
- Tennis Court(s)
Garage: Yes
Garage Spaces: 1
- Assigned
- Covered
- Electric Vehicle Charging Station(s)
- Ground Level
- Guest
- Off Street
Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Cable Connected
- Electricity Connected
- Sewer Connected
- Street Lights
- Underground Utilities
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Association Recreation - Owned
- Buyer Approval Required
- Clubhouse
- Deed Restrictions
- Fishing
- Fitness
- Gated Community
- Irrigation-Reclaimed Water
- No Truck/RV/Motorcycle Parking
- Pool
- Tennis Courts
- Water Access
- Waterfront
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 2.8
Lot Size (sq. ft.): 121,888 square feet
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, VA Loan
Parcel Number: 2009096085
Zoning: DTB
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 1209 CONDOMINIUM ON THE BAY TOWER 2
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.