Active
$1,300,000
Est. $7,859/mo

1255 N Gulfstream Ave #507, Sarasota, FL, 34236

$778/sqft·Bay Plaza

2 bd2 ba1,672 sqft2 car garageCondominium
Listed by CANDY SWICK & COMPANY· Last updated · MLS# A4693623

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Est. monthly payment
$7,859/mo
Down payment (20%)
$260,000
Property taxes
$429/mo
Rate assumed
6.8% · 30 yr
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At a glance

High-rise condo
16 stories · 1982
Waterfront
Bay/Harbor
Community pool
Fitness center too
2 car garage
Valet available
Private balcony
Outdoor space

About this home

Accessibility FeaturesBuilt-in FeaturesCeiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersSplit Bedroom

1255 N Gulfstream Ave #507 is a 1982-built home in Bay Plaza, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,672 square feet of living space. Listed at $1,300,000 (about $778/sqft), 43 days on market. Flood zone BFE, AE - confirm flood insurance requirements with your lender.

From the listing

Virtually Staged. Experience spectacular Sarasota waterfront living at 1255 N Gulfstream Ave in this 2BR, 2BA res. w/ den & 2 balconies, offering 1,872 total SF, where panoramic bay views & Gulf vistas beyond Big Pass are the undeniable centerpiece. This refined Bay Plaza condo places you at the heart of the city. Floor-to-clg glass doors in the great rm open directly to a covered balcony, perfect for entertaining & enjoying sunset skies & the vibrant energy of the marina & city skyline. The main primary suite is a standout feature, boasting its own private balcony and dramatic ceiling-to-floor glass doors that offer a secluded view of the mesmerizing bay waters and Gulf horizons beyond Big Pass. This space is thoughtfully designed to maximize natural light and showcase the stunning surroundings. Additionally, a secondary bedroom suite provides sweeping views and a beautifully updated bath, offering flexibility and privacy for guests or multi-generational living. Inside, elegant tile floors extend throughout, creating a cohesive visual flow. Substantial enhancements have been implemented, hidden fire sprinkler heads, upgraded electrical & plumbing, new ductwork, soundproof underlayment. Artful millwork draws the eye to impressive high clgs, while contemporary lighting such as LED downlights & designer fixtures, built-in media storage, & floating cabinetry & buffet w/ under-cabinet LED lighting combine style & practicality. The seller invested over $100K in Harmoni cabinetry—a luxury brand renowned for quality & design. Designer shades offer privacy & light control. The state-of-the-art kitchen features a raised clg w/ ambient lighting, quartz counters, contrasting upper & lower cabinets & SS appls., highlighted by a black SS range hood. Plus a serv. entry, a lndry space, & 2nd office area. Accessibility was a key focus in the renovation. The Owner’s suite, main living area, & kitchen are all wheelchair accessible, w/ 2'8" doorways for ease of movement, a fully accessible main closet, & an adapted primary bath. Please note: while most areas are designed for accessibility, some spaces may have limitations based on individual needs. Retreat to a spa-like primary bath w/ elegant natural stone, a floating, European-inspired vanity, complemented by a sep matching vanity w/ a 2nd sink in the wet rm. The zero-entry marble shower features dual shower heads, w/ a recessed rainfall fixt. delivering a spa-inspired experience, complemented by a built-in seat for ultimate relaxation. Both baths feature elevated clgs, and are equipped w/ a premium Schluter shower syst. A dedicated office features a built-in desk w/ Corian, a window seat & etched glass doors for privacy and natural light —an ideal space for flexible living & working. As a resident of Bay Plaza, you will enjoy premium amenities: garaged pkg for 2 cars, 24/7 valet pkg, EV charging, concierge services. & recently installed hurricane-rated sliding glass doors & windows. Unwind at the heated pool, soak in the spa, or stay active in the state-of-the-art fitness rm w/ a sauna & steam rm. Perfectly positioned in the heart of downtown Sarasota, Bay Plaza places you w/in easy reach of trendy restaurants, boutiques, & Sarasota’s vibrant cultural scene, from Whole Foods to the theatre & opera. Take in spectacular 4th of July fireworks at Marina Jack’s from your own balcony, & enjoy quick access to St. Armands Circle, Longboat Key, & the city’s stunning beaches. A detailed list of upgrades is available upon request.

The essentials

Built
1982
Price / sqft
$778
On market
111 days
Annual tax
$5,148
Flood zone
BFE, AE
Type
Condominium

Location

1255 N Gulfstream Ave #507
Sarasota, FL, 34236·34236 - Sarasota
Type
Condominium
Year Built
1982
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Circular Driveway, Common, Covered, Deeded, Driveway, Electric Vehicle Charging Station(s), Garage Faces Side, Ground Level, Guest, Off Street, Parking Pad, Portico, Reserved, Basement, Valet
Waterfront
Bay/Harbor
Days on Market
111
Accessibility Features
Built-in Features
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Split Bedroom
Stone Counters
Walk-in Closet(s)
Window Treatments
Balcony
Lighting
Sidewalk
Sliding Doors
Storage
Association Recreation - Owned
Buyer Approval Required
Community Mailbox
Fitness Center
No Truck/Rv/Motorcycle Parking
Pool
Wheelchair Access
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Water Filtration System
Water Softener

Elementary

Alta Vista Elementary

Middle

Booker Middle

High

Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone BFE, AE

Annual Tax (2025)

$5,148

Parcel #

2027053040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Bay Plaza

County

Sarasota

MLS Area

34236 - Sarasota

Lot Size

-

City LimitsLandscapedNear MarinaNear Public TransitSidewalkPaved
Date
Event
Price
5/26/2026
Listed for sale
Source: Stellar MLS #A4693623
$1,300,000
$778/sqft
Est. monthly payment$7,859/mo
Principal & interest$6,780
Property taxes$429
Insurance$650
Down payment20% · $260,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,300,000
$1.24M – $1.30M
95.3% – 100% of listTops out right at the list price
80% of listList price
59 of the last 117 condo closings in 34236 landed at this number or higher (50%). The median one sat 77 days before it went under contract, and this one is on day 111.

Sample: 117 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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