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$1,225,000
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Property Description
Elevate Your Lifestyle at Bay Plaza - A Rare Corner Gem in the Heart of Sarasota. Step into refined luxury with this expansive and elegant condominium in the highly coveted Bay Plaza. Perched on the 4th floor, this stunning corner residence offers sweeping views of the bay, marina, and downtown skyline - all from two private terraces above the treetops, creating a serene escape from the energy of the city below. One of the largest two-bedroom plus study layouts in the building, this residence enjoys an open and airy floor plan, with nearly 9-foot ceilings, impact-rated windows and sliders, and timeless architectural design by renowned Sarasota School architect Tim Seibert. Built in 1982, Bay Plaza blends classic elegance with modern comforts. A spacious foyer welcomes you into a 20' x 27' combined living and dining area, featuring warm oak wood floors and two sets of triple-glass sliders that open to a generous terrace - perfect for entertaining or watching the fireworks over the bay on the Fourth of July. The kitchen layout is designed for both function and flow and includes an abundance of counter and cabinet space. A separate laundry room offers extra storage and convenience. The two private terraces invite morning coffee or sunset cocktails surrounded by nature - a true luxury in downtown living. Bay Plaza offers an unmatched lifestyle with 5-star amenities, including: 24-hour valet parking & concierge (each with call button), Full-time on-site management and maintenance, Fitness center with locker rooms, sauna, and steam rooms, Lap pool, hot tub, EV charging stations, Elegant lobby with grand piano Media room, party/catering kitchen, card & board rooms, Seasonal and bike storage, Pet friendly. Located on exclusive Palm Avenue, you're just steps from Sarasota's finest dining, boutique shopping, cultural attractions, and the waterfront. Walk the Ringling Bridge, join a Bayfront yoga class, or hop on the Bay Runner Trolley for a day at Lido Beach or a visit to St. Armands Circle. The building is impeccably maintained, and the association is known for being proactive and well-managed. Don't miss the opportunity to live in one of Sarasota's most prestigious addresses - Bay Plaza - where luxury, location, and lifestyle come together seamlessly.
Full Property Details
Full Property Details for 1255 N Gulfstream Ave #408
General
- Sold For: $1,225,000
- HOA FEE: $2,741/month
- HOA FEE FREQ.: Quarterly
- Taxes: $17,302 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4670428
- Added to Site: 292 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Fitness Center, Maintenance, Pool, Security
- Pool Description: Salt Water
Exterior
- Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 2
- Parking Features: Assigned, Circular Driveway, Curb Parking, Electric Vehicle Charging Station(s), On Street, Portico, Valet
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: BAY PLAZA
- Driving Directions: 41 to west on Main Street, turn north on Gulfstream where parking is easy, building is on the right.
- Direction Faces: West
School Information
- Elementary School: Alta Vista Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34236 - Sarasota
- Community Features: Waterfront, Buyer Approval Required, Fitness Center, Pool, Sidewalks
- Optional Amenities: Fitness Center, Maintenance, Pool, Security
- Association: Yes
- Assoc. Name: Bob Molan
- Assoc. Fees Include: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Refer to Association Documents for further information, / 35lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Membrane
- Stories/Levels: Three Or More
- Square Feet: 2,055
- Sq. Ft. Source: Public Records
- Living Area: 2,055 Sq. Ft.
- Year Built: 1982
Lot Features
- Property View: Water
- Lot Size (Sq. Ft.): 67,186
- Lot Size: 1.5424
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
- Water Front Desc.: Waterfront
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $8,224
- Condo Fee Freq: Quarterly
- Tax Amount: $17,302
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 408 BAY PLAZA
- Flood Zone Info: AE
- APN: 2027053033
- Property ID: 2027053033
Listed and Sold by Michael Saunders & Company
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Price & Sales History for 1255 N Gulfstream Ave #408
Date
Details
Price
Change
Source
6/18/2026
Sold
$1,225,000
-5.7%
MLS
4/10/2026
Price Reduced
$1,299,000
-13.34%
MLS
2/20/2026
Price Reduced
$1,499,000
-6.25%
MLS
10/31/2025
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1255 N Gulfstream Avenue #408, Sarasota, FL 34236 (MLS# A4670428) is a Condo property that was sold at $1,225,000 on June 18, 2026. Want to learn more about 1255 N Gulfstream Avenue #408? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

