$460,000
101 S Gulfstream Ave
Sarasota, FL 34236
Listing updated: March 9, 2026 at 2:11 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Great longterm investment upportuniy as now there is a two year rental in plce. The asking price now is $60,000. less than the porchse price and $25,000 less than an independent exterior bank appraisal on 10/03/25, which did not even include the furniture. Welcome to The 101 Condominiums overlooking Sarasota bayfront, one of the best locations in the heart of downtown Sarasota. This beautiful unit has been completely and smartly renovated ($133000+) to become a show stopper among its contemporaries. Featured on Sarasota Magazine Nov-Dec 2022, this one bedroom 2 full baths home offers the epitome of elegance, luxury, comfort and urban living. The kitchen boasts an expansive quartz waterfall style island, beautiful cabinatory/pantry and a luxurious tile backsplash. Designer Samsung appliances include the refrigerator, range, dishwasher and a drawer microwave. There is an under the sink osmosis system for your clean drinking and cooking water.There are ample eating spaces at the island or close by dining rarea. The laundry room is equipped with stacked Bosch washer and dryer and additional cabinets and shelving. There is also a drybar with cabinets and a wine cooler. The spacious bedroom has a walk-in closet and double sink with a lighted mirror. There are 30inch porcelain tiles throughout the home. All doors are shaded glass. There is also a Bosch surround sound for your music listening enhancement. The sunny balcony overlooks Palm Avenue with its art galleries, antique shops, resraurants and seosenal street music and dance and it is perfect for your morning coffee or evening glass of wine. The Whole Food market, Selby Library, famous Saturday's Farmer's market and the Main Street with all its offerings are just stepped away. Across the street from Island Park, you will find Marina Jacks with deep harbor docking, waterfront restaurant and nightly dancing and entertainment. The 101 condominiums multi-million dollar modernization project is ongoing. If you are looking for a one bedroom 2 bath in one of the best Sarasota downtown locations with outstanding design and renovation and existing high end furniture and wall arts, you owe it to yourself to visit this home. the monthly association fee includs bacic cable, internet and watrer. The owner is a real estate broker.
Local Insight
At $467/sqft for a 1974 condo, you're paying a premium for the Gulfstream location and waterfront access, so the real question is whether the bones justify it—that HOA is steep at $1,020/month, which eats into your monthly carrying costs and suggests either substantial shared amenities or deferred maintenance issues worth examining closely. The AE flood zone is a genuine concern here; insurance costs will be higher and you'll need flood coverage regardless of lender requirements, so run those numbers before committing. The unit itself is tight at 985 sqft with just one bedroom, which limits your exit strategy down the line unless the building has strong appreciation history or exceptional views that drive demand.
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 history114 days on market
- Status: ActiveNov 15, 2025
- Listed$485,000Nov 15, 2025
- Price reduced$460,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 114
- Subdivision
- The 101
- County
- Sarasota
- Year built
- 1974
- Living area
- 985 sq ft
- Price/sq ft
- $467
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE
- Garage
- 1 spaces
- Annual taxes
- $3,500 (2025)
- Parcel #
- 2027052056
- MLS #
- A4672134
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Elevator, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Corridor Access, Electric Dryer Hookup, Inside, Laundry Room, Same Floor As Condo Unit
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
HOA & Financial
- HOA fee
- $1,020 / Monthly
- Monthly HOA
- $1,020/mo
- Total monthly fees
- $1,020/mo
- Total annual fees
- $12,240
- HOA name
- Cassie Galanopoulos
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional, Owner Financing
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- association must approve
- Approval process
- The association must approve the contract bt conducting a background check
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Block, Concrete
- Roof
- Concrete, Membrane
- Foundation
- Block, Concrete Perimeter, Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
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 |
|---|---|---|
| Bathroom 1 | First | |
| Primary Bedroom | First | |
| Kitchen | First | |
| Dining Room | First | |
| Living Room | First | |
| Balcony/Porch/Lanai | First |
Listing Details
- Listing date
- 2025-11-15
- On market date
- 2025-11-15
- Original list price
- $485,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-11-15
- Tax legal description
- Unit 9C, The 101condominiums
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
41/Bayfront Drive in Sarasota. East on Main St. First Right on Gulfstream Ave t0 the 101 on left
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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 March 9, 2026 at 2:11 PM 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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