1255 N Gulfstream AVENUE, #204, Sarasota, FL, 34236 | $1,295,000

Experience a luxurious downtown Sarasota lifestyle in the highly coveted Bay Plaza condominium—with its timeless architectural appeal designed by renowned architect Tim Siebert. This handsomely renovated 2nd floor residence offers delicate views of Sarasota Bay through the airy structure of Shady Lady black olive trees lining the street below. This location—this building—has everything one needs to immediately enjoy the convenience of downtown living where you are steps to the numerous restaurants, cafes with outdoor dining availability. The unit 204’s interior vibe is coastal contemporary, with shiplap walls and lighted insets, light wood-grained vinyl flooring throughout, LED lighting, ceiling fans and generous storage. The recent installation of new hurricane resistant impact sliding doors, as well as windows, will provide peace of mind during inclement weather. You will appreciate the brightly updated kitchen with quartzite counters and designer backsplash, shaker cabinetry, and space to eat in casually, or possible other use as a den. The more formal dining area has a beautiful painted glass chandelier and easily accommodates up to 10 guests. The large living room has built in recessed cabinetry and gorgeous natural light from the two balconies. The primary ensuite bath includes a large double floating vanity and backlit mirror, newly installed matching cabinetry across one wall for added storage, and separate shower/water closet with Toto toilet. In the suite, there are two walk in closets plus a linen closet. A private terrace is accessed from the primary suite, and new electronic roll-down shades provide complete privacy. The large guest suite on the opposite side of the apartment has access to the main terrace; there is a walk-in closet in the adjacent hallway, and a large guest bath with shower and laundry closet. Residents enjoy 5-star services, amenities, and security, including a full-service concierge, 24-hour valet parking, on-site management and maintenance, bike storage, large lobby with grand piano, well-equipped fitness center, locker rooms , each with sauna and steam, lap pool and hot tub, EV charging stations, media room, separate gathering room, catering kitchen, library. For the health enthusiasts, you are a short walk to the Ringling Bridge, or enjoy Yoga at The Bay Park or nearby Marie Selby Botanical Garden. With a well managed association and this impeccable building, you can immediately enjoy the lifestyle afforded by true downtown living at Sarasota’s Bay Plaza.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 14
  • Amenities: Cable TV, Elevator(s), Fitness Center, Pool, Sauna, Security, Spa/Hot Tub, Storage
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: BAY PLAZA
  • Year Built: 1982
  • Approx Sq. Feet: 1,822
  • Est. Taxes: $12,081
  • Condo Fee: $8,224 Quarterly
  • Lot Desc: FloodZone, City Lot, Near Public Transit, Sidewalk
  • View: City, Trees/Woods
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4634965
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4634965/1255ngulfstreamavenue_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 1/11/2025 12:29:47 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1255 N Gulfstream AVENUE, #204, Sarasota, FL, 34236

$1,295,000

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 $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.286% 6.874% 6.972%
Monthly Tax Payment $1,007 $1,007 $1,007
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,893 $6,719 $9,168
Total Monthly Payment $8,025 $7,851 $10,300

* 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.