1255 N Gulfstream Ave #205, photo 1
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Overview

2 bd2 ba1,656 sqft1 car garageCondominium
TypeCondominium
Condo dues$2,765/mo
Built1982
Lot67,301 sqft
Living area1,656 sqft
Price / sqft$513
Garage1 car

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About this home

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomStone CountersWindow Treatments

1255 N Gulfstream Ave #205 is a 1982-built home in Bay Plaza, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,656 square feet of living space. Listed at $850,000 (about $513/sqft), 188 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $2,765 monthly.

From the listing

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.

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The essentials

Built
1982
Price / sqft
$513
On market
188 days
Annual tax
$7,175
Condo dues
$2,765/mo
Flood zone
AE
Lot
67,301 sqft
Type
Condominium

At a glance

High-rise condo
14 stories · 1982
Water views
Trees/Woods
Community pool
Fitness center too
1 car garage
Valet available
Private balcony
Outdoor space

Payment

Est. monthly payment
$8,221/mo
Down payment (20%)
$170,000
Property taxes
$598/mo
Condo dues
$2,765/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1982
Lot
67,301 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Deeded, Electric Vehicle Charging Station(s), Garage Faces Side, Ground Level, Guest, Portico, Reserved, Valet
Days on Market
188
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Split Bedroom
Stone Counters
Window Treatments
Balcony
Lighting
Sidewalk
Sliding Doors
Storage
Association Recreation - Owned
Buyer Approval Required
Community Mailbox
Fitness Center
Pool
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Wine Refrigerator
Elementary
Alta Vista Elementary
Middle
Booker Middle
High
Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$7,175
Parcel #
2027053014

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Bay Plaza
County
Sarasota
MLS Area
34236 - Sarasota
Lot Size
67,301 sqft
City LimitsLandscapedNear MarinaNear Public TransitSidewalkPaved
Condo dues
$2,765/mo

Price history

Date
Event
Price
5/8/2026
Price change
Source: Stellar MLS #A4688123
$850,000-5.0%
$513/sqft
4/7/2026
Listed for sale
Source: Stellar MLS #A4688123
$895,000
$540/sqft

Neighborhood

1255 N Gulfstream Ave #205
Sarasota, FL, 34236 · 34236 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $850,000
$815,000 – $850,000
95.9% – 100% of listTops out right at the list price
80% of listList price
83 of the last 165 condo closings in 34236 landed at this number or higher (50%). The median one sat 72 days before it went under contract, and this one is on day 188 after a $45,000 cut.

Sample: 165 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$8,221/mo
Principal & interest$4,433
Property taxes$598
Insurance$425
HOA$2,765
Down payment20% · $170,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$850,000

$513 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,656 sq ft

Time on market

188 days

Year built

1982

Monthly payment

About $8,221/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,175 annual tax bill, insurance, and $2,765/mo in condo dues.

Condo dues

$2,765/mo

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byCOMPASS FLORIDA LLCListing agent: Dianne AndersonListing data from Stellar MLS, MLS# A4688123.

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