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.