Auction Property. **PRIVATE CONFIDENTIAL BIDDING PROCESS.** This professionally marketed Luxury Reserve Auction is **NOT A DISTRESSED SALE.** It is not a live on-site auction, buyers do not bid against one another, and there is **NO AUCTIONEER** calling bids. Buyers are encouraged to schedule private preview appointments, complete inspections and due diligence, then submit one confidential highest-and-best offer before the published deadline. **NO BUYER PREMIUM.** To promote transparency and buyer confidence, the Due Diligence Package includes two independent professional appraisals prepared by two separate State-Certified Appraisers, providing buyers with objective valuation information before submitting a confidential highest-and-best offer. The appraisals are intended to inform—not determine—the final purchase price. Rather than asking buyers to accept an asking price, this Luxury Reserve Auction invites qualified purchasers to establish market value through informed, confidential highest-and-best offers submitted during the published July bidding period, subject only to the Seller's confidential reserve. Beyond its innovative purchase process, Residence 109 offers luxury features rarely found in Sarasota condominium living, including an **ELEVATED PRIVATE GARDEN TERRACE**, **SOARING 10-FOOT CEILINGS**, **NO ELEVATOR REQUIRED**, and a **CONCEALED SECOND KITCHEN / SCULLERY** designed to keep the main waterfront kitchen visually pristine while entertaining. Completed in 2026 following a comprehensive renovation, this extraordinary residence showcases unusually open sightlines and a thoughtfully designed dual-kitchen concept rarely found in condominium living. Hidden behind pocket doors, the private scullery includes its own sink, dishwasher, wall oven, cabinetry, and dedicated preparation space—allowing catering, meal preparation, cleanup, and storage to occur completely out of view of guests. **ENJOY SARASOTA BAY SUNSETS AND RINGLING BRIDGE LIGHTS** from both inside and outside the residence. The expansive **PRIVATE OUTDOOR LIVING AREA** is elevated above the resort-style amenities below and includes **PRIVATE GATED ACCESS** directly to the heated pool, sauna, fitness center, marina, and waterfront promenade while maintaining exceptional privacy. **PROFESSIONALLY REIMAGINED FOR OUTDOOR ENTERTAINING**, the Private Garden Terrace was designed for sunset gatherings, pet-friendly enjoyment, and effortless indoor-outdoor living. The community's **MARINA LIFESTYLE** supports boating, paddle sports, kayak launching, and direct Sarasota Bay access. Additional resort amenities include two heated pools, three fitness centers, two saunas, a tennis court, and four pickleball courts. Ideally located adjacent to Sarasota's acclaimed 53-acre waterfront park, The Bay, residents enjoy immediate access to waterfront concerts, walking trails, outdoor fitness, dining, and more than 20 restaurants, cafés, shopping, and cultural attractions within approximately 10 blocks. A clearly defined purchase timeline, extensive due diligence materials, and confidential bidding create a transparent, buyer-friendly purchasing opportunity unlike a traditional auction. **INSPECTIONS WELCOME PRIOR TO BID SUBMISSION.**

Listing courtesy of BRIGHT REALTY (941) 928-5555



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-06-19 08:54 PM EDT