Listing Details for MLS #A4656774 - 988 Blvd Of The Arts Unit 109, Sarasota, Fl 34236

Residential Property - Condominium in Sarasota

Listing Price: $5,000,000Days on Market: 12

Description of Property

GOT YOUR ATTENTION?? You would have missed seeing this UNIQUE “ONE-OF-KIND” listing if it were priced at just $3M. Compare this condo with the Ritz-Carlton Residences (RCR) located behind the Condo On The Bay (COTB) Community. Much MORE FOR much LESS! Both communities offer tall ceilings (this home has 10’ high ceilings), new construction (this home was 100% remodeled in 2025). This home has a SEPARATE CATERING KITCHEN. Only one RCR Floor Plan has that - and you will need to pay $4M more to buy that floor plan. What’s the BIG Difference? This Home BLOCKS THE VIEW OF THE RITZ CARLTON RESICENCES. This home has UNOBSTRUCTED sunset water views. This HOME ALSO COMES WITH A BOAT that is also in like-new condition. AND, THERE’S NO WAITING FOR A BOAT SLIP! BOATERS will love the community MARINA with the VERY RARE option to install a private BOAT LIFT, all set directly on the stunning shores of Sarasota Bay. Enjoy this expansive, private, pet-friendly, outdoor terrace with private access stairway DOWN TO THE POOL, SAUNA, AND NEW FITNESS CENTERS…This Home has 3,965 TOTAL SQUARE FEET. This home is HIGH & DRY. Never flooded. Not Even Close! The COTB towers have brand new roofs installed in 2025. The COTB Towers were also just painted in 2025. COTB has much lower association dues than the Ritz-Carlton Residences behind us, and there are NO PENDING ASSESSMENTS in sight. Think about this…the (comparable) “asking” price at $5M is actually lower than the Ritz-Carlton Residences located BEHIND this COTB home. The Seller is going to obviously be VERY NEGOTIABLE on price. So, COME SEE - AND COMPARE - FOR YOURSELF. The Video Tour is pretty good, but you need to see this in person. Just steps outside the front GUARD GATE is the City of Sarasota’s NEW 53-acre waterfront park called "THE BAY" Park, offering a vibrant lifestyle with open-air concerts, movies under the stars, fitness programs, and cultural attractions like the Van Wezel Performing Arts Hall and home of the Sarasota Orchestra. All of this within a short stroll to Publix Grocery Store and The Rosemary District with some of Sarasota’s top dining spots such as Ocean Prime, Rosemary & Thyme, Pazzo's, The Toasted Mango, The Breakfast Company, Station 400, Wolfie’s, Blvd Cafe, Lefty's, Spice Station, Vino Bistro...and many more. This is truly a lifestyle property that lives like no other in the community.The average asking price for a 3 bedroom/2 bath condominium in this Zip code is $1,525,522. This condominium is listed at about 328% of the average asking price. This is the only 3 bedroom/2 bath condominium between $4,400,000 and $5,600,000 currently listed for sale in this Zip code.