1255 Gulfstream Avenue, FL
Stellar MLS

$850,000

1255 Gulfstream Avenue

Sarasota, FL 34236

Listing updated: May 8, 2026 at 5:16 PM ET

Active
2
Beds
2
Baths
1,656
Sq Ft
1.55
Acres
1982
Built
Water view1.55 acres$513/sqft
Condominium

Property type

1982

Year built

67,301 sqft

Lot size

$513

Price / sq ft

No HOA

HOA dues

31

Days on market

1

Garage space

AE

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$4,298
Property taxes$598
Home insurance (est.)$390

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 history31 days on market

  1. Status: Active
    Apr 7, 2026
  2. Listed$895,000
    Apr 7, 2026
  3. Price reduced$850,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
31
Subdivision
Bay Plaza
County
Sarasota
Year built
1982
Living area
1,656 sq ft
Price/sq ft
$513
Building area
1,769 sq ft (Public Records)
Lot size
67,301 sq ft
Flood zone
AE (12115C0133G)
Garage
1 spaces
Annual taxes
$7,175 (2025)
Parcel #
2027053014
Zoning
DTB
MLS #
A4688123

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile, Wood
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Interior features
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
Laundry
In Kitchen, Inside
Stories / Levels
One
Direction faces
Northeast

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Assigned, Deeded, Electric Vehicle Charging Station(s), Garage Faces Side, Ground Level, Guest, Portico, Reserved, Valet

HOA & Financial

Total monthly fees
$2,765/mo
Total annual fees
$33,176
CDD
No
Homestead exemption
Yes
Min lease term
1-2 Years
Listing terms
VA Loan
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Association Documents. Application Process
Approval process
See Association Documents

Exterior & Construction

Exterior features
Balcony, Lighting, Sidewalk, Sliding Doors, Storage
Construction materials
Block, Stucco
Roof
Concrete
Foundation
Stilt/On Piling
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Community

Pets allowed
Cats OK, Dogs OK, Number Limit, Size Limit, Yes

Schools

ElementaryAlta Vista ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

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

RoomLevelDimensions
FoyerFirst5x11
Living RoomFirst15x24
KitchenFirst11x13
Dining RoomFirst12x14
Primary BedroomFirst13x20
Primary BathroomFirst13x10
Bedroom 2First13x19

Listing Details

Listing date
2026-04-07
On market date
2026-04-07
Original list price
$895,000
Occupant type
Vacant
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-04-07
Tax legal description
UNIT 205 BAY PLAZA

Flood risk

High riskFEMA Zone AEPanel 12115C0133G

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

I-75 to Fruitville Road (West), then head left on Cocoanut Ave. At the roundabout, turn left onto N.Palm Avenue, then take a right into Bay Plaza

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MLS GRID

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 May 8, 2026 at 5:16 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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