1280 Dolphin Bay WAY, #202, Siesta Key, FL, 34242 | $1,200,000

Experience the natural Florida coastal environment from this extraordinary viewpoint and the one-of-a-kind walkout to a private beach nestled in mangroves on the Intracoastal Waterway—perfect for launching a kayak or paddleboard. A dynamic scene unfolds daily with visiting shore birds of every description, dolphins feeding in pods, jumping mullet, and manatee lazily cruising by—just outside your backdoor. Tie up a boat to the private dock, do some fishing, and enjoy the sunset illuminating towering clouds rising in the eastern sky.
This condo is proven to be Hurricane resilient. This unit, the garage, and the building came through 2024 unscathed as water flowed harmlessly down the north-side swale and along the driveway into the Intracoastal Waterway. Even the electrical power remained on during all recent storm events thanks to the hardened electrical supply installed along Midnight Pass Road by FPL in 2022. This two-bedroom, two-bathroom condominium features a stunning water view, a shaded front patio bordering a tropical garden, a third room which serves as an office/den, or possibly a 3rd bedroom with a simple addition of a Murphy bed. A one-car garage equipped with heavy-duty restaurant-grade shelving, bicycle racks, beach chair hangers, and kayak-paddleboard storage makes for ideal storage for an active lifestyle on the nearby water. Unit updates include impact-resistant PGT WinGuard sliding-glass doors and main bedroom windows, Trane four-ton two-stage HVAC system, refrigerator, water heater, cooktop, dishwasher, Hunter-Douglas Duet cellular shades, and garage door make this bright and cheery home ready for comfortable living. Join the friendly, close-knit Dolphin Bay community where the condo association just completed major projects for building painting, new exterior lighting fixtures, elevator refurbishment, new roofs, rooftop ventilation fan replacement, and clubhouse interior renovation. View cinematic video on Youtube: at https: //youtu. be/VrWxlGmQ2lc

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator(s), Gated, Maintenance, Pool
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: DOLPHIN BAY-SIESTA KEY SEC A
  • Year Built: 1997
  • Approx Sq. Feet: 1,840
  • Acreage: 1.4
  • Est. Taxes: $11,208
  • Condo Fee: $7,430 Quarterly
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4635188
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4635188/1280dolphinbayway_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 1/14/2025 6:37:52 AM)
Listing courtesy of BRIGHT REALTY   Phone: 941-552-6036

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1280 Dolphin Bay WAY, #202, Siesta Key, FL, 34242

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.538% 6.874% 7.430%
Monthly Tax Payment $934 $934 $934
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,387 $6,227 $8,495
Total Monthly Payment $7,446 $7,286 $9,554

* 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.