Active

$2,100,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 2315 sq ft
Overview
  • ID: MFRA4695584
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 2315 sq ft
Property Details
Remarks
Auction Property. This is NOT A DISTRESSED SALE and there's NO AUCTIONEER. This is a uniquely marketed, INDEPENDENT AUCTION, that's as "Simple as 1, 2, 3". — Buying RESIDENCE 109 is as simple as (1) scheduling a PRIVATE PREVIEW APPOINTMENT during the designated, 2ND & 3RD WEEKENDS IN JULY, then (2) completing your inspections and then (3) submitting one, confidential, HIGHEST-AND-BEST OFFER before the published JULY 23RD DEADLINE. Unlike an auction house presentation, there's NO BUYER PREMIUM tacked onto the buyer's offer. YOUR OFFER IS YOUR TOTAL BID. To promote buyer confidence, there is an Extensive, Online-Due-Diligence-Package that includes: A Pre-Home Inspection Report and Two Independent Appraisals - intended to inform, not determine, the final price. CALL YOUR AGENT for details and make your bid prior to the BID SUBMISSION DEADLINE. Beyond its innovative purchase process — RESIDENCE 109 — offers luxury rarely found in Sarasota condominium living: ELEVATED PRIVATE GARDEN TERRACE, SOARING 10-FOOT CEILINGS, PRIVATE ENTRANCE WITH NO ELEVATOR EVER REQUIRED, and a CONCEALED SCULLERY / SECOND KITCHEN hidden behind pocket doors with its own sink, dishwasher, wall oven, and food & beverage prep space — keeping the main waterfront kitchen visually pristine while entertaining. The comprehensive renovation was completed in 2026. Enjoy UNOBSTRUCTED SARASOTA BAY SUNSETS and the colorful RINGLING BRIDGE LIGHTS from both outside and inside the home. The ELEVATED PRIVATE OUTDOOR LIVING AREA sits above resort amenities below with PRIVATE—GATED—ACCESS down to the marina, two heated pools, two saunas, three fitness centers, tennis, and four pickleball courts. The MARINA supports Kayak/Paddle Board Storage and BOAT LIFTS. Off-Shore enthusiasts have direct access to Sarasota Bay and quick access to the Gulf. 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. — Have your agent direct you to the property website and download your PRIVATE copy the Property Package, Registration Package and the Sample Purchase Agreement.
Financial Considerations
Price:
$2,100,000
HOA Fee:
N/A
Tax Amount:
$10647.79
Price per SqFt:
$907.13
Tax Legal Description:
UNIT 109 CONDOMINIUM ON THE BAY TOWER 2
Exterior Features
Lot Size:
122096
Lot Features:
City Limits, Landscaped, Near Marina, Private, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned, Boat, Covered, Electric Vehicle Charging Station(s), Golf Cart Parking, Ground Level, Guest, Basement, Underground
Roof:
Membrane
Pool:
No
Pool Features:
Gunite, Heated, In Ground
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer
Furnished:
Yes
Floor:
Granite, Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1982
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
Auction
Additional Features:
Dog Run, Lighting, Playground, Private Yard, Sauna, Sliding Doors, Storage, Tennis Court(s)
Additional Features 2:
Board approval process.
Map
  • Address
    988 BLVD OF THE ARTS #109
Contact a Professional
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