1240 Dolphin Bay WAY, #301, Siesta Key, FL, 34242 | $1,495,000

Welcome to the epitome of Coastal Living at its finest in Dolphin Bay! Come discover luxurious island living in this completely renovated, custom-designed waterfront condo on Siesta Key. This stunning 3-bedroom, 3-bath residence, reimagined by Raber Construction, offers 2, 200 square feet of beautifully crafted spaces, beginning from the solid concrete block foundation and re-constructed with the highest quality materials and design. The open-concept layout features a dream kitchen with quartz countertops, a spacious island, and premium Wolf stainless steel appliances, including a Sub-Zero refrigerator, and beverage/wine refrigerator for everyday convenience and entertaining. This gourmet space is complemented by high-end custom cabinetry and abundant storage options throughout. The spacious owner's suite features built-in shelving with a desk and a walk-in closet with built-in shelving and drawers for ample storage. While the luxurious bathroom provides an indulgent experience with a rainfall shower head, freestanding tub, dual vanities, beautiful tile work and premium stone surfaces. Every detail has been thoughtfully designed, from the 9-foot ceilings and impact windows and doors for added peace of mind, to the beautiful tile flooring throughout, plantation shutters and premium custom solid wood cabinetry with built-ins. This home features all the upgrades from electrical and plumbing systems, a modern HVAC, and a new water heater. This luxurious home features a “Florida Coastal” design that flows seamlessly into the lanai, where you’ll enjoy peaceful views of the Intracoastal Waterway. This property comes with a private one-car garage and access to resort-style amenities, including a clubhouse, pool, spa, Har-Tru clay tennis courts, and a fitness room. Dolphin Bay is a pet-friendly, vibrant community that promotes an active lifestyle. Don’t miss the opportunity to experience the best of Siesta Key living—schedule a visit today!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: DOLPHIN BAY-SIESTA KEY SEC A
  • Year Built: 1998
  • Approx Sq. Feet: 2,200
  • Acreage: 1.4
  • Est. Taxes: $10,362
  • Condo Fee: $6,204 Quarterly
  • View: Water
  • Pets Allowed: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • MLS#: A4627485
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /raveis/A4627485/1240dolphinbayway_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/5/2024 9:34:03 AM)

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1240 Dolphin Bay WAY, #301, Siesta Key, FL, 34242

$1,495,000

Jennifer Thompson

Luxury Properties Specialist

William Raveis Real Estate

Phone: 941.928.0790

Jennifer.Thompson@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.304% 6.762% 6.725%
Monthly Tax Payment $864 $864 $864
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,560 $7,658 $10,418
Total Monthly Payment $8,549 $8,647 $11,407

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.