Property
ActiveCondo
1/60
$2,100,000

988 BLVD OF THE ARTS 109

Sarasota, FL 34236
3
Beds
3
Baths
2,315
SqFt
2.8
Acres
STELLAR
#A4695584
Updated: Jun 29, 2026, 12:08am

Property Description

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.
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Included Appliances
Built-In OvenCooktopDishwasherDisposalDryerExhaust FanRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Appliances
Built-In OvenCooktopDishwasherDisposalDryerExhaust FanRefrigeratorWasher
Bathrooms Total Decimal
2.5
Building Area Total
4115
Cooling
Central Air
Floor Number
2
Flooring
GraniteTile
Furnished
Partially
Heating
Central
Interior Features
Ceiling Fan(s)Chair RailCrown MoldingEating Space In KitchenHigh CeilingsPrimary Bedroom Main FloorSolid Surface CountersThermostatWalk-In Closet(s)
Laundry Features
InsideLaundry Room
Living Area
2315
Other Equipment
Irrigation Equipment
Rooms Total
7
Security Features
Gated CommunitySecurity GateSmoke Detector(s)Touchless Entry
Window Features
BlindsInsulated WindowsShadesTinted Windows
Construction
Architectural Style
CoastalContemporary
Building Area Source
Estimated
Building Area Units
Square Feet
Common Walls
Corner UnitEnd Unit
Construction Materials
Concrete
Direction Faces
West
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
Yes
Property Condition
Completed
Roof
Membrane
Stories Total
Yes
Year Built
1982
Site & Exterior
Additional Water Information
Community marina located on Sarasota Bay and the Intracoastal Waterway.
Covered Spaces
2
Exterior Features
Dog RunIrrigation SystemLightingPlaygroundPrivate YardSaunaSliding DoorsStorageTennis Court(s)
Fencing
Fenced
Flood Zone Code
AE
Garage Spaces
2
I D X Participation
Yes
Lot Features
City LotLandscapedNear MarinaPrivate
Lot Size Acres
2.8
Lot Size Area
2.8029
Lot Size Square Feet
122096
Lot Size Units
Acres
Other Structures
StorageTennis Court(s)
Parking Features
AssignedBoatCoveredElectric Vehicle Charging Station(s)Golf Cart ParkingGround LevelGuestUnder BuildingUnderground
Patio And Porch Features
DeckPatioRear PorchSide PorchWrap Around
Pool Features
GuniteHeatedIn Ground
Public Survey Range
17E
Public Survey Section
24
Road Frontage Type
Street Paved
Road Responsibility
Private Maintained Road
Road Surface Type
PavedBrick
Sewer
Public Sewer
Utilities
Cable ConnectedElectricity ConnectedFiber OpticsPublicStreet LightsWater Connected
Vegetation
Mature LandscapingTrees/Landscaped
View
Water
Water Access
Yes
Water Body Name
SARASOTA BAY
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/Harbor FrontWaterfrontBay/HarborIntracoastal WaterwayMarina
Waterfront Feet Total
500
Zoning
DTB
Financials
Association Fee Frequency
Quarterly
Association Fee Includes
24-Hour GuardCable TVInternetManagerPest ControlPool MaintenancePrivate RoadRecreational FacilitiesSecurityTrashWater
Calculated List Price By Calculated Sq Ft
907.13
Condo Fees
4030
Condo Fees Term
Quarterly
Contract Status Change Date
2026-06-27
Current Price
2100000
Feed Types
BBO
Home Warranty
Yes
Lease Considered
Yes
Minimum Lease
1-2 Years
Monthly Condo Fee Amount
1343
Owner Name
COTB 109 LLC
Owner Phone
941-928-5555
Ownership
Condominium
Parcel Number
2009096001
Public Survey Township
36S
Special Listing Conditions
Auction
Tax Annual Amount
10647.79
Tax Book Number
19-33
Tax Legal Description
UNIT 109 CONDOMINIUM ON THE BAY TOWER 2
Tax Lot
109
Tax Year
2025
Total Annual Fees
26884
Total Monthly Fees
2240.33

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Board approval process.
Association Amenities
Cable TVFitness CenterGatedMaintenancePickleball Court(s)PoolRecreation FacilitiesSaunaSecurityStorageTennis Court(s)Vehicle Restrictions
Association Approval Required
Yes
Association Email
manager@condoonthebay.com
Association Fee2
2691
Association Fee2 Frequency
Quarterly
Association Name
Hope Aranguren
Association Name2
Management Corp
Association U R L
Association2
Yes
Community Features
Bay/Harbor FrontBoat SlipDockFishingIntracoastal WaterwayMarinaWater AccessWaterfrontAssociation Recreation - OwnedBuyer Approval RequiredClubhouseFitness CenterGated Community - GuardGolfPoolTennis Court(s)
Lease Restrictions
Yes
M L S Area Major
34236 - Sarasota
Pet Restrictions
See Rules & Regs. Available online.
Pets Allowed
Cats OKDogs OK
S W Subdiv Community Name
Condo On The Bay
Subdivision Name
CONDO ON THE BAY TOWER II
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 12:08am.
John Brink

Listing Agent

BRIGHT REALTY

Call Agent