$850,000
1255 Gulfstream Avenue
Sarasota, FL 34236
Listing updated: May 8, 2026 at 5:16 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
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
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
- Status: ActiveApr 7, 2026
- Listed$895,000Apr 7, 2026
- 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
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 |
|---|---|---|
| Foyer | First | 5x11 |
| Living Room | First | 15x24 |
| Kitchen | First | 11x13 |
| Dining Room | First | 12x14 |
| Primary Bedroom | First | 13x20 |
| Primary Bathroom | First | 13x10 |
| Bedroom 2 | First | 13x19 |
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
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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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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