Residential Property - Condominium in Sarasota
SOLD for $1,287,500 on May 1, 2023
Listing Price: $1,400,000Sold Price: $1,287,500Sold Price/List Price: 92%
Sold Price/Original List Price: 88.79%
Description of Property
See the new photos of this updated and staged condo and bring your buyers. Wrap around windows offer spectacular water views from this 8th floor condo. Close enough to the water to see the manatees float by and the dolphins play, or keep an eye on your boat. Light and bright, the neutral palette will allow you to add your touch of color. The large open living/dining area opens to the kitchen for a great entertaining space. White cabinets and white quartz countertops are less than a year old. The large primary bedroom has its own balcony ,custom walk in closet, additional custom shoe and linen storage, and a renovated bath with walkin shower and double vanity. The spacious guest room can accomodate a king bed, 2 queens and/or be used as office space. It has a spacious walkin closet as well. The AC is 2-1/2 yrs old. 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. Out the back door is the Ritz/Hyatt yacht basin. Your water 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. Looking to make friends? you will find very friendly residents and organized social activities like trivia, happy hours, dining out, etc. Walk out your front door to hop on your boat or kayak or fish off the pier. 24 hour security is provided and a concierge is on duty everyday from 8-6. Lido beach is only 2 miles away, Siesta Beach 6 miles, Armand Circle's entertainment and dining and shopping district is just across the bridge. At condo on the Bay you can have the best of both worlds...waterfront lifestyle with downtown conveniences. Next door is the new 53 acre BayPark Sarasota with walking paths, performing arts center and events. There is lots to do in downtown Sarasota with many restaurants, arts festivals, museums, art galleries, farmers market, a marina. Can close anytime so buyers can move in for season. Pets permitted as long as they have an emotional support letter or a service animal certification. Far/bar standard contract only. A structural inspection report is attached along with the board's plan for the milestone report and reserve study.

Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Condo On The Bay Tower I
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,700
Sq. Ft. Living Area: 1,642
Cost per (heated) sqare foot: $853
Year built: 1982
Annual Tax: $5,143
HOA Fee: $3,320 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
- Maintenance Structure
- Maintenance Grounds
- Manager
- Pest Control
- Pool Maintenance
- Private Road
- Recreational Facilities
- Security
- Sewer
- Trash
- Water
Interior Features:
- Ceiling Fans(s)
- Living Room/Dining Room Combo
- Master Bedroom Main Floor
- Open Floorplan
- Solid Surface Counters
- Solid Wood Cabinets
- Tray Ceiling(s)
- Walk-In Closet(s)
Appliances:
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Carpet, Porcelain Tile
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
- Fishing Pier
- Seawall - Concrete
Exterior & Construction
Property Features:
Architectural Style:
Rooms: 4
- Block
- Cement Siding
- Concrete
Foundation: Slab
- Built-Up
- Concrete
- Membrane
- Balcony
- Lighting
- Outdoor Grill
- Outdoor Shower
- Sauna
- Sliding Doors
- Storage
- Tennis Court(s)
Garage: Yes
Garage Spaces: 1
Parking Features:
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
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Association Recreation - Owned
- Buyer Approval Required
- Clubhouse
- Deed Restrictions
- Fitness
- Gated Community
- No Truck/RV/Motorcycle Parking
- Pool
- Tennis Courts
- Water Access
- Waterfront
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 2.45
Lot Size (sq. ft.): 106,824 square feet
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA
Parcel Number: 2009095060
Zoning: DTB
Pets Allowed/Pet Policies: Breed Restrictions, Number Limit, Yes
Tax Legal Desc.: UNIT 808 CONDOMINIUM ON THE BAY TOWER 1
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.