1255 N Gulfstream AVENUE, #1101, Sarasota, FL, 34236 | $1,629,000

Experience Luxury Living in Downtown Sarasota! Rarely available, this completely remodeled, 3BR/2BA, 11th floor residence at the iconic BAY PLAZA offers breathtaking 270-degree views of Sarasota Bay, Marina Jack, Ringling Bridge and the vibrant downtown landscape. With its prime location and stunning vistas, this home presents a truly elevated living experience. The residence has been recently upgraded with hurricane-rated impact-resistant windows and ceiling-to-floor glass doors ensuring energy efficiency and noise reduction. The open floor plan seamlessly connects the spacious living area with the dining area and a beautifully designed kitchen, featuring elegant quartz countertops for entertaining your guests and easy living options. Some of the features and improvements include: freshly painted interior, new glass shower doors in both bathrooms, new vanities and closet in main and guest bathroom, new ceiling fans and light fixtures, expanded storage with wine cooler in kitchen, new closet systems. FOUR PRIVATE BALCONIES give you unrivaled opportunities to enjoy Sarasota's stunning views, including prime vantage points for the city's famous Fourth of July and New Year's Eve fireworks displays. Residents of Bay Plaza enjoy an array of world class amenities including heated outdoor pool and spa, spacious shaded entertainment deck, outdoor grill and storage, fitness facility with sauna and steam rooms, EV charging stations. Be pampered by the excellent round-the-clock concierge staff, 24-7 on-site valet parking and 7-day on-staff maintenance. Upgrade to an unparalleled urban lifestyle with walking access to array of local attractions, renowned dining options, boutique shopping, the Bayfront Park, Marie Selby Botanical Gardens, Florida Studio Theater, Sarasota Opera House, Whole Foods and Saturday morning Farmers Market and an easy drive to St Armands Circle, Lido Key and some of the best beaches in Florida!

Features

  • Elevator: Y
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Levels: 14
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: BAY PLAZA
  • Year Built: 1982
  • Approx Sq. Feet: 1,901
  • Acreage: 1.54
  • Est. Taxes: $14,056
  • Condo Fee: $7,981 Quarterly
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4630396
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A4630396/1255ngulfstreamavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/4/2024 1:47:09 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-907-1033

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1255 N Gulfstream AVENUE, #1101, Sarasota, FL, 34236

$1,629,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,303,200 $1,303,200 $1,303,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.664%
Monthly Tax Payment $1,171 $1,171 $1,171
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,345 $8,345 $11,352
Total Monthly Payment $9,641 $9,641 $12,648

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.