$599,000
435 Gulfstream Avenue
Sarasota, FL 34236
Listing updated: June 25, 2026 at 5:31 AM ET
Listing courtesy of Medway Realty · Kim Donahue · MLS #A4667640 · Active · 941-375-2456Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Unit 403 at The Regency House sits on the fourth floor of one of downtown Sarasota's most recognized bayfront addresses, with direct views of Sarasota Bay and Marina Jack's from the main living areas and balcony. The unit has been fully renovated — new kitchen, updated bathrooms, and no carpet. The layout is open and efficient, with a primary suite featuring a walk-in closet and en suite bath, and a second bedroom with built-in closet. Move-in ready from day one. A new community pool has been approved for The Regency House, and the seller is covering the assessment in full. The buyer inherits that benefit without the cost. The building offers 24-hour concierge service, a fitness center, heated pool, and clubroom. Bayfront Park, Main Street, Whole Foods, Selby Gardens, and the Saturday Farmers Market are all within blocks. Lido Beach and St. Armands are minutes by car. Vacant and easy to show. Financing: cash or conventional. No pets permitted. Association approval required.
Local Insight
At $421/sqft, you're paying a reasonable price for a waterfront unit in Sarasota, but that $1,393 monthly HOA is steep—you'll want to review what's included and whether there are any pending special assessments, especially given the 1972 build date. Being in flood zone AE means mandatory flood insurance on top of that HOA, which will eat into your carrying costs, so run the actual numbers before assuming this is the deal it looks like. The location is solid for schools and proximity to downtown, but this property really hinges on the water view quality and the building's condition—a pre-inspection is essential with a unit this old.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history212 days on market
- Status: ActiveJun 17, 2026
- Listed$739,000Oct 9, 2025
- Price reduced$599,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 212
- Subdivision
- Regency House
- County
- Sarasota
- Year built
- 1972
- Living area
- 1,424 sq ft
- Price/sq ft
- $421
- Lot size
- 0 sq ft
- Flood zone
- AE (12115C0133F)
- Annual taxes
- $8,165 (2024)
- Parcel #
- 2027141020
- Zoning
- DTB
- MLS #
- A4667640
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
- Laundry
- Same Floor As Condo Unit
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Parking features
- Assigned, Covered, Guest, Basement
- Carport
- Yes
HOA & Financial
- HOA fee
- $4,179 / Quarterly
- Monthly HOA
- $1,393/mo
- Total monthly fees
- $1,393/mo
- Total annual fees
- $16,716
- HOA name
- First Service Residential - Gordon Myers
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See Association Documents for details. Only annual leases are allowed, and there is a 13-unit rental cap. One year ownership prior to lease.
- Approval process
- See Association Documents for details. Application + $150 fee. Allow 30 days for approval. Orientation meeting with board is required before approval. Background check will be conducted.
Exterior & Construction
- Exterior features
- Outdoor Grill, Sidewalk
- Construction materials
- Concrete
- Roof
- Built-Up
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected
Community
- Pets allowed
- No
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 20x13 |
| Balcony/Porch/Lanai | First | 13x7 |
| Dining Room | First | 15x9 |
| Kitchen | First | 17x9 |
| Primary Bedroom | First | 18x12 |
| Primary Bathroom | First | 9x6 |
| Bedroom 2 | First | 15x12 |
| Bathroom 2 | First | 8x6 |
| Foyer | First | 10x5 |
Listing Details
- Listing date
- 2025-10-09
- On market date
- 2025-10-09
- Original list price
- $739,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Venice
- Status changed
- 2026-06-17
- Tax legal description
- Unit 403 Regency House
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving on US 41 NORTH after Palm Avenue, quickly turn into GULFSTREAM AVENUE REGENCY HOUSE ON THE RIGHT PARK ON GULFSTREAM ONLY.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 5:31 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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