$4,700,000

Bay Plaza 1255 N Gulfstream Ave Unit 1501 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $32,252/month

Total Views 14,605
4 Beds
3.5 Baths
4,053 Sq Ft
$1,160 Price per Sq Ft

Highlights

  • Valet Parking
  • White Water Ocean Views
  • Property is near a marina
  • Booker High School Rated A-
  • Fitness Center
  • 4-minute walk to Five Points Park

About This Home

Sophisticated Penthouse with Panoramic Bay and City Views in Downtown Sarasota

Discover refined living in this fully renovated, architect-designed penthouse, located in the heart of Sarasota’s cultural district. Offered fully furnished, excluding art and sculptures, this residence masterfully blends mid-century modern architecture with contemporary design. Conceived by acclaimed architect Bill Niblock, the home features an open floor plan that seamlessly connects expansive living, dining and kitchen spaces.

Seven wraparound balconies capture sweeping vistas of the Sarasota skyline and Bay, offering exceptional indoor-outdoor flow for both intimate gatherings and grand-scale entertaining. Renovated in 2019 and thoughtfully enhanced in 2024, the residence meets rigorous modern standards with impact-rated, floor-to-ceiling sliding glass doors and windows compliant with Miami-Dade HVHZ regulations.

Modern infrastructure includes a 200-amp electrical panel, high-efficiency HVAC, an 85-gallon commercial-grade water system and a manifold-based PEX plumbing design for enhanced durability. At its center, the Studio Becker-designed kitchen features Sub-Zero and Miele appliances, custom cabinetry and sleek blue granite surfaces.

Adjacent, a dedicated media room showcases an 85-inch television, an 11-speaker ATMOS sound system and custom walnut cabinetry. The owner’s suite offers two private balconies, three walk-in closets, an 85-inch television, and a spa-quality bath with dual rain showers and limestone sinks.

Smart home systems are integrated throughout, including motorized Hunter Douglas shades, Wi-Fi-enabled Haiku ceiling fans, CAT-6 cabling, USB charging outlets and a WaterCop leak detection system. Finishes include 32-by-32-inch imported porcelain tile flooring, flush Italian doors, an Artwall hanging system and LED recessed lighting.

Situated in Bay Plaza, residents benefit from 24-hour concierge and valet services, a heated pool, a fitness center and direct access to Sarasota’s acclaimed arts and dining venues. Three deeded parking spaces and EV charging stations enhance convenience. This penthouse offers an effortless lifestyle defined by architectural pedigree, sophisticated amenities and premier location.

Listing Agent

Roberta Tengerdy, PA

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3110050 Listed on: 01/31/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listing Agent

Carolyn Collins PA

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0682483

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,092

Year Built

  • Built in 1982

HOA Fees

  • $3,428 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Assigned Parking Spaces

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,053 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Shelving
  • Bar Fridge
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Inside Utility
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Cooking Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Property is near a marina
  • Wrap Around Porch
  • Patio
  • Exterior Lighting

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Thermostat
  • Water Filtration System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Southwest Facing Home
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Robert (Bob) Malan Association, Phone Number (941) 365-2448
  • Bay Plaza Condos
  • Bay Plaza Community
  • Bay Plaza Subdivision
  • On-Site Maintenance
  • 15-Story Property

Amenities

  • Valet Parking
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa
  • Tennis Courts

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,092

Year Built

Built in 1982

Lot Details

0

HOA Fees

$3,428 per month

Parking

3

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 4053
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 4693
  • Number Of Lots: 1
  • Directions to Property: Driving South on US 41 in downtown take Left on Main Street and then Left onto Gulfstream Ave, Bay Plaza building will be on your Right.
  • Status: Active
  • Street Direction: N
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 15+
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1159.63
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: High Rise,Penthouse
  • AG Exemption YN: 0
  • MFR_NumAssignedParkingSpaces: 3
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 15
  • Window Features: Double Pane Windows, Storm Window(s), Insulated Windows
  • Street Number Modifier: 1255
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Media Room
  • Living Area Meters: 376.54
  • Room Count: 8

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Lighting, Sliding Doors, Tennis Court(s)
  • Roof: Other
  • Pool Private: Yes
  • View: City, Park/Greenbelt, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Other, Patio, Wrap Around
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-31

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest, Valet

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: Robert (Bob) Malan
  • Phone: 941-365-2448
  • Association: Yes
  • Security: Closed Circuit Camera(s), Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: BAY PLAZA
  • Pet Restrictions: See Rules & Regs.
  • Association Fee Requirement: Required
  • Building Name Number: BAY PLAZA
  • Condo Fees: 10283
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: PM@BayPLaza.net
  • Monthly Condo Fee Amount: 3428
  • Pet Size: Small (16-35 Lbs.)
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 41132.00
  • Total Monthly Fees: 3427.67

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 2027 05 3106
  • Additional Parcels: No
  • Lot Features: City Limits, Near Marina, Near Public Transit, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA docs.

Tax Info

  • Tax Annual Amount: 37092
  • Tax Lot: 0

Multi Family

  • Approval Process: See HOA docs.

Map

About Bay Plaza

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 $36,299 $2,521,400 -- $2,521,400
2023 $36,299 $2,457,600 $0 $2,457,600
2022 $27,446 $1,807,500 $0 $1,807,500
2021 $31,194 $1,977,300 $0 $1,977,300
2020 $30,219 $1,864,400 $0 $1,864,400
2019 $30,828 $1,948,700 $0 $1,948,700
2018 $19,059 $1,163,600 $0 $1,163,600
2017 $24,905 $1,515,400 $0 $1,515,400
2016 $10,184 $1,479,200 $0 $1,479,200
2015 $10,332 $1,355,700 $0 $1,355,700
2014 $10,330 $604,683 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $4,700,000 0.0% $1,160 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $4,700,000 -- $1,160 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,170,000 Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Roberta Tengerdy, PA
Roberta Tengerdy, PA

PREMIER SOTHEBY'S INTERNATIONAL REALTY

(941) 367-4268

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Introducing the renowned team of real estate professionals: Roberta Tengerdy, PA, Carolyn Barker Collins, PA and Jessica St. Andre. With their unparalleled dedication and expertise, this trio is your ultimate guide in navigating the real estate market.

Roberta and Carolyn are distinguished global real estate advisors, celebrated for their exceptional market insight and unwavering commitment to their customers. With a combined track record placing them in the top 1% of real estate

View Roberta's Profile

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Source: Stellar MLS

MLS Number: A4632665

Stellar MLS

APN: 2027-05-3106

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1255 N Gulfstream Ave Unit 1501, Sarasota, FL

This home is located at 1255 N Gulfstream Ave Unit 1501, Sarasota, FL 34236 and is currently priced at $4,700,000, approximately $1,159 per square foot. This property was built in 1982. 1255 N Gulfstream Ave Unit 1501 is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Roberta Tengerdy, PA
Roberta Tengerdy, PA
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PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 367-4268