$1,600,000

Estimated payment $12,205/month

Total Views 3,914
2 Beds
2 Baths
1,822 Sq Ft
$878 Price per Sq Ft

Highlights

  • Valet Parking
  • White Water Ocean Views
  • Custom Home
  • Booker High School Rated A-
  • Fitness Center
  • 4-minute walk to Five Points Park

About This Home

One or more photo(s) has been virtually staged. Experience luxurious downtown living from the 11th floor of the renowned Bay Plaza, offering sweeping, unobstructed views of Sarasota Bay. Perfectly positioned on Palm Avenue—between Main Street and Cocoanut Avenue—this iconic address puts you in the heart of it all.Bay Plaza delivers top-tier amenities including 24-hour concierge service, valet parking, a Contemporary lobby, well-equipped fitness center, library, and a media/meeting room. Relax poolside in the heated swimming pool and spa, or entertain outdoors using outdoor kitchen.Inside, this thoughtfully designed 2-bedroom, 2-bath home with an additional office space has been upgraded with new impact-rated sliding glass doors and windows, maximizing panoramic bay views from nearly every room. Brazilian cherry hardwood floors flow through the main living areas and bedrooms, setting a warm, elegant tone.The expansive great room opens onto a generous balcony—the perfect spot to catch unforgettable sunsets. The gourmet kitchen is a dream for any culinary enthusiast, featuring travertine marble flooring, granite countertops, custom walnut cabinetry, and premium appliances: KitchenAid refrigerator, double oven, Miele induction cooktop, Wolf microwave drawer, and a glass-door wine fridge.Retreat to a serene primary suite with its own private balcony, custom walk-in closets, and a spa-like en-suite bath showcasing designer porcelain tile, black granite counters, jetted soaking tub, walk-in shower with pebble stone flooring, and private commode. The guest suite offers a clever blend of style and function, with a queen Murphy bed, built-in shelving, and its own custom closet. The guest bath includes a glass-enclosed shower and in-unit washer/dryer setup.Known for its security and prestige, Bay Plaza is among the most desirable buildings in Sarasota. You’re steps away from world-class dining, entertainment, the opera, weekend farmers markets, Selby Gardens, and the vibrant Sarasota Bayfront.This is downtown waterfront living at its finest—don’t let this rare opportunity pass you by!

Listing Agent

Monique Geathers

ALIGN RIGHT REALTY SRQ OPULENCE Brokerage Phone: 941-362-3300 License #3394886 Listed on: 06/06/2025

ALIGN RIGHT REALTY SRQ OPULENCE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,150

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

HOA Fees

  • $2,741 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Portico
  • 1 Assigned Parking Space

Property Views

Home Design

  • Custom Home
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,822 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Brick
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, trash, water
  • Bob Malan Association, Phone Number (941) 383-3200
  • High-Rise Condominium
  • Bay Plaza Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 14-Story Property

Amenities

  • Valet Parking

Recreation

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,150

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,741 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1822
  • Lot Size Acres: 1.55
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2034
  • Lot Size Sq Ft: 67301
  • Directions to Property: Bay Plaza is located downtown Sarasota between Main St. and Cocoanut Ave. Valet parking entrance is on Palm Ave. Parking also available on N Gulfstream Ave between Main St. and Cocoanut Ave.
  • Status: Active
  • Street Direction: N
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Port Orange
  • Escrow Postal Code: 32127
  • Escrow State: FL
  • Escrow Street Name: S. Nova Rd Suite 2
  • Escrow Street Number: 3959
  • Floor Number: 11
  • List Office Head Office Key Nume: 574759191
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 878.16
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-362-3300
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick, Concrete, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 14
  • Street Number Modifier: 1255
  • Living Area Meters: 169.27
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0133G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Portico, Valet

Utilities

  • Utilities: Cable Available, Cable Connected, Fiber Optics, Public, Sewer Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Exhaust Fan
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Bob Malan
  • Phone: 941-383-3200
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 cats and 1 dog under 25lbs
  • Association Fee Requirement: Required
  • Building Name Number: BAY PLAZA
  • Condo Fees: 8224
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2741
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 32896.00
  • Total Monthly Fees: 2741.33

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027053085
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 6252

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One year Minimum required

Tax Info

  • Tax Annual Amount: 9150.14
  • Tax Book Number: 20-5
  • Tax Lot: 0

Multi Family

  • Approval Process: Application and Fee Required

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,887 $643,712 -- --
2023 $8,887 $624,963 $0 $0
2022 $8,713 $606,760 $0 $0
2021 $8,789 $589,087 $0 $0
2020 $8,889 $580,954 $0 $0
2019 $8,657 $567,892 $0 $0
2018 $8,514 $557,303 $0 $0
2017 $8,414 $545,840 $0 $0
2016 $8,416 $828,600 $0 $828,600
2015 $8,361 $759,400 $0 $759,400
2014 $8,351 $508,776 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $1,600,000 +8.1% $878 / Sq Ft
07/15/2024 07/15/24 Sold $1,480,000 -1.3% $812 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,500,000 -- $823 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,480,000 Integrity Title
Warranty Deed $1,020,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $665,000 Attorney
Warranty Deed $600,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4655137

Stellar MLS

APN: 2027-05-3085