Residential Property - Condominium in Sarasota
Listing Price: $2,100,000 (Mortgage Calculator →)Cumulative Days on Market: 188
Description of Property
Auction Property. NOT A FORECLOSURE. NOT A DISTRESSED SALE. NO AUCTIONEER. This is a privately marketed Luxury Reserve Auction where qualified buyers schedule private previews, complete inspections, and submit one confidential highest-and-best offer before the published July deadline. NO BUYER PREMIUM. To promote buyer confidence, the Due Diligence Package includes TWO INDEPENDENT APPRAISALS prepared by two separate State-Certified Appraisers — intended to inform, not determine, the final price. INSPECTIONS WELCOME PRIOR TO BID SUBMISSION. Beyond its innovative purchase process, Residence 109 offers luxury rarely found in Sarasota condominium living: ELEVATED PRIVATE GARDEN TERRACE, SOARING 10-FOOT CEILINGS, NO ELEVATOR REQUIRED, and a CONCEALED SCULLERY / SECOND KITCHEN hidden behind pocket doors with its own sink, dishwasher, wall oven, and prep space — keeping the main waterfront kitchen visually pristine while entertaining. Completed in 2026 following a comprehensive renovation, enjoy SARASOTA BAY SUNSETS AND RINGLING BRIDGE LIGHTS from both inside and outside. The PRIVATE OUTDOOR LIVING AREA sits elevated above resort amenities below with PRIVATE GATED ACCESS to two heated pools, two saunas, three fitness centers, tennis, and four pickleball courts. The community MARINA supports boating, kayaking, paddle sports, and direct Sarasota Bay access. Located adjacent to Sarasota's acclaimed 53-acre waterfront park, The Bay — with concerts, trails, dining, and 20+ restaurants and cultural attractions within 10 blocks. A transparent, buyer-friendly opportunity unlike any traditional auction.
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: 4,115
Sq. Ft. Living Area: 2,315
Cost per (heated) sqare foot: $907
Year built: 1982
Annual Tax: $10,648
Condo Fee: $4,030 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Washer
Window Features: Tinted Windows
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features: In Ground
Water Front: Yes
Water Frontage: Marina
Water Access: Yes
Water Access Type: Marina
Water Name: SARASOTA BAY
Exterior & Construction
Architectural Style: Contemporary
Construction: Concrete
Foundation: Slab
Roof: Membrane
Exterior Features: Tennis Court(s)
Garage: Yes
Garage Spaces: 2
Parking Features: Underground
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Wrap Around
Security Features: Touchless Entry
Other Structures: Tennis Court(s)
View: Water
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Association Amenities: Vehicle Restrictions
Lot Information
Lot Features: Private
Lot Size (acres): 2.8
Lot Size (sq. ft.): 122,096 square feet
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2009096001
Zoning: DTB
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: UNIT 109 CONDOMINIUM ON THE BAY TOWER 2
Section: 24
Range: 17E
Listing courtesy of BRIGHT 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.