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$850,000
$513/sqft5% reduced
HOA: $8,294/quTaxes: $7,175/yr136d on market

Bay Plaza

1255 N GULFSTREAM AVE #205, SARASOTA, FL, 34236

View all homes for sale in Bay Plaza
2 Beds|2 Baths|1,656 Sq Ft|Built 1982|1 Car Garage

Key Features

Water ViewSingle Story1.55 Acre Lot
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 5% ($45,000 off original)
  • 136+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

One or more photo(s) has been virtually staged. Refined downtown living awaits at Bay Plaza, a premier address along Gulfstream Avenue and one of Sarasota's most established and distinguished buildings — designed by the celebrated architect Tim Siebert. This exceptional second-floor residence offers something increasingly rare in urban living: a genuine connection to nature and neighborhood, with tree-lined street views below and partial marina glimpses that shift beautifully with the light and seasons. Perfectly positioned, this is a home that places you at the center of Sarasota's most vibrant cultural tapestry — steps from fabulous restaurants, the iconic Opera House, art galleries, charming coffee shops, live theatre, boutique shopping, and the beloved Saturday morning Farmer's Market. Yet despite this enviable proximity, the residence itself feels like a quiet retreat, grounded and peaceful above the gentle rhythm of the street. The well-executed split floor plan creates a natural sense of privacy and balance, with thoughtfully separated bedroom suites ideal for both full-time living and hosting guests. The living and dining areas are designed for effortless entertaining and everyday comfort, while a crisp, light-filled interior aesthetic is elevated by natural light and a seamless flow leading to a private covered balcony. Impact-resistant glass throughout the residence enhances safety and peace of mind, allowing you to enjoy the natural light and views with confidence. The kitchen anchors the living space with a practical and functional layout, offering considerable storage and a wine and beverage refrigerator — a thoughtful touch for those who love to entertain. The primary suite is a peaceful sanctuary, framed by large picture windows that sit among the treetops, filling the space with natural light and a serene connection to nature and the water. A generous walk-in closet with custom built-ins provides organization and ample storage. The en-suite bath is thoughtfully appointed with wood cabinetry, dual sinks, and granite countertops, complete with a soaking tub and separate shower. Bay Plaza residents enjoy a full-service lifestyle that is second to none — including 24-hour concierge, 24/7 valet service, EV charging stations, a resort-style pool and spa, and a state-of-the-art fitness center complete with sauna and steam room. The beautifully appointed lobby — a hallmark of Siebert's vision — showcases a grand piano, a library and media room, and elegant entertaining spaces for gathering with friends and fellow residents. This is a rare opportunity to own a home that offers timeless appeal, privacy, and effortless access to everything that makes Sarasota one of Florida's most coveted destinations. One or more photos has been virtually staged.

Subdivision
BAY PLAZA
County
Sarasota
Zip Code
34236
Community
Bay Plaza

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Condominium
Living Area
1,656 sqft
Construction
Block, Stucco
Roof
Concrete
Flooring
Tile, Wood
Pool
No
HOA
$8,294 / Quarterly
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/dining Room Combo
  • Open Floorplan
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Window Treatments
  • Balcony
  • Lighting
  • Sidewalk
  • Sliding Doors
  • Storage
  • Dishwasher
  • Dryer
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Wine Refrigerator
  • In Kitchen
  • Inside
  • Covered
  • Rear Porch
  • City Limits
  • Landscaped
  • Near Marina
  • Near Public Transit
  • Sidewalk
  • Paved
  • Public
  • Association Recreation - Owned
  • Buyer Approval Required
  • Community Mailbox
  • Fitness Center
  • Pool
  • Cable Tv
  • Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Insurance
  • Maintenance Structure
  • Maintenance Grounds
  • Maintenance
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water
Bedrooms
2
Bathrooms
2
Year Built
1982
Construction
Block, Stucco
Flooring
Tile, Wood
Roof
Concrete
Garage Spaces
1
Cooling
Central Air
Heating
Central, Electric
Waterfront
No
Pet Restrictions
Cats Ok, Dogs Ok, Number Limit, Size Limit, Yes
Lot Size
1.55 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Small (16-35 Lbs.)
# of Pets
2
Max Pet Weight
25 lbs
Tax Year
2025
Annual Tax Amount
$7,175

Association Fees

  • HOA Fee

    $8,294/ Quarterly

Down Payment20% — $170,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$4,298
HOA Fee
$2,765
Est. Property Tax
$598
Est. Insurance
$283
Total Est. Monthly Cost$7,944

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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