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
Property Features Property Features
MLS ID: MFRA4695584 Year Built: 1982
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer Architectural Style: Coastal, Contemporary
Association Amenities: Cable TV, Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Storage, Tennis Court(s), Vehicle Restrictions Association Fee Includes: Guard - 24 Hour, Cable TV, Internet, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security, Trash, Water
Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - Guard, Golf, Pool, Tennis Court(s), Street Lights Construction Materials: Concrete
Cooling: Central Air Country: US
County Or Parish: Sarasota Direction Faces: West
Exterior Features: Dog Run, Lighting, Playground, Private Yard, Sauna, Sliding Doors, Storage, Tennis Court(s) Fencing: Fenced
Flooring: Granite, Tile Foundation Details: Slab
Furnished: Partially Heating: Central
Laundry Features: Inside, Laundry Room Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash
Lot Features: City Limits, Landscaped, Near Marina, Private, Paved Occupant Type: Owner
Other Equipment: Irrigation Equipment, Playground, Private Yard Other Structures: Storage, Tennis Court(s)
Parking Features: Assigned, Boat, Covered, Electric Vehicle Charging Station(s), Golf Cart Parking, Ground Level, Guest, Basement, Underground Patio And Porch Features: Deck, Patio, Rear Porch, Side Porch, Wrap Around
Pets Allowed: Cats OK, Dogs OK Pool Features: Gunite, Heated, In Ground
Possession: Close Of Escrow, Negotiable Property Condition: Completed
Property Sub Type: Condominium Property Type: Residential
Road Responsibility: Private Maintained Road Road Surface Type: Brick, Paved
Roof: Membrane Security Features: Gated Community, Security Gate, Smoke Detector(s), Touchless Entry
Sewer: Public Sewer Showing Requirements: Coming Soon - Allowing Showings, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, See Remarks
Special Listing Conditions: Auction Standard Status: Active
State Or Province: FL Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped View: Water
Water Source: Public Waterfront Features: Bay/Harbor, Intracoastal Waterway, Marina in Community
Window Features: Blinds, Insulated Windows, Shades, Tinted Windows
Rooms Rooms
Bedroom 3: Bedroom 2:
Primary Bedroom: Kitchen:
Kitchen: Dining Room:
Great Room:
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