$1,259,000
$36K PRICE DROP

Estimated payment $10,762/month

Total Views 5,701
2 Beds
2 Baths
1,822 Sq Ft
$691 Price per Sq Ft

Highlights

  • Valet Parking
  • Fitness Center
  • Full Bay or Harbor Views
  • Booker High School Rated A-
  • Heated In Ground Pool
  • 4-minute walk to Five Points Park

About This Home

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 location—this building—has everything one needs to immediately enjoy the convenience of downtown living. Sarasota is well-known as the cultural and creative coast of Florida. When you choose to live at Bay Plaza you are steps from enjoying performances by the Sarasota Opera or shows at one of Florida Studio Theater’s 5 stages, or for intellectual stimulation on global issues, there is SILL, Sarasota Institute for Lifetime Learning. Enjoy numerous restaurants and cafes with outdoor dining availability—all within steps of your front door. 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. 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 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 owner's 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.

Listing Agent

Deborah Beacham

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3054769 Listed on: 01/10/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Victoria Beckham

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3466002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,081

Year Built

  • Built in 1982

Lot Details

  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $2,741 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Pad
  • Portico
  • Secured Garage or Parking
  • 1 Assigned Parking Space

Property Views

  • Woods

Home Design

  • Contemporary Architecture
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,822 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, security, sewer, trash, water
  • Bay Plaza Bob Malin Association, Phone Number (941) 365-2448
  • Visit Association Website
  • High-Rise Condominium
  • Bay Plaza Community
  • Bay Plaza Subdivision
  • 14-Story Property

Amenities

  • Valet Parking
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Security Service
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,081

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,741 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1822
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2034
  • Directions to Property: From downtown Sarasota, proceed west on Main Street to Palm Avenue, turn right onto Palm Avenue. Bay Plaza is on the left, across from Art Ovation Hotel. There is parking on Gulfstream Avenue with side entrance into the building.
  • Status: Active
  • Street Direction: N
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 691.00
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Amenities Additional Fees: Additional Amenities included in fee: 24 Hour Concierge and Valet services
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 14
  • Window Features: Storm Window(s), Shades
  • Street Number Modifier: 1255
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 169.27
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: City, Trees/Woods
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Parking Pad, Portico, Valet

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks, Street Lights
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Pool, Sauna, Security, Spa/Hot Tub, Storage
  • Association Name: Bay Plaza - Bob Malin
  • Phone: 941-365-2448
  • Association: No
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Dogs must be under 25 lbs and use service elevator. Owners may own and maintain one dog, two cats, and small domestic birds. See Declaration Section 14.2 for details.
  • Building Name Number: BAY PLAZA
  • Condo Fees: 8224
  • 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: 2741
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: bayplaza.srq.com

Fee Information

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

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027053013
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Board and HOA approval required for lease and purchase.

Tax Info

  • Tax Annual Amount: 12080.54
  • Tax Book Number: 20-5
  • Tax Lot: 2D

Multi Family

  • Approval Process: Submit application to lease and pay application fee to Managers Office.

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $7,537 $799,600 -- $799,600
2023 $7,537 $528,294 $0 $0
2022 $7,326 $512,907 $0 $0
2021 $9,858 $618,800 $0 $618,800
2020 $9,612 $587,300 $0 $587,300
2019 $9,574 $586,500 $0 $586,500
2018 $10,873 $666,200 $0 $666,200
2017 $10,976 $666,200 $0 $666,200
2016 $10,963 $651,400 $0 $651,400
2015 $5,315 $597,000 $0 $597,000
2014 $5,306 $331,061 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $1,259,000 -2.8% $691 / Sq Ft
01/10/2025 01/10/25 For Sale $1,295,000 +29.5% $711 / Sq Ft
03/07/2023 03/07/23 Sold $1,000,000 0.0% $549 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $1,000,000 +48.1% $549 / Sq Ft
05/04/2021 05/04/21 Sold $675,000 -10.0% $370 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $750,000 -3.2% $412 / Sq Ft
10/01/2020 10/01/20 For Sale $774,900 +14.8% $425 / Sq Ft
09/02/2020 09/02/20 Off Market $675,000 -- --
07/06/2020 07/06/20 Price Changed $774,900 -0.5% $425 / Sq Ft
04/13/2020 04/13/20 Price Changed $779,000 -4.9% $428 / Sq Ft
04/10/2020 04/10/20 For Sale $819,000 0.0% $450 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $819,000 -3.5% $450 / Sq Ft
12/14/2019 12/14/19 Price Changed $849,000 -4.1% $466 / Sq Ft
08/27/2019 08/27/19 For Sale $885,000 +75.3% $486 / Sq Ft
08/17/2018 08/17/18 Sold $504,750 -3.8% $277 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $524,900 -2.8% $288 / Sq Ft
05/24/2018 05/24/18 Price Changed $539,900 -3.6% $296 / Sq Ft
04/27/2018 04/27/18 Price Changed $559,900 -2.6% $307 / Sq Ft
03/15/2018 03/15/18 Price Changed $574,900 -3.4% $316 / Sq Ft
02/12/2018 02/12/18 For Sale $594,900 -- $327 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 Msc Title
Warranty Deed $675,000 Attorney
Interfamily Deed Transfer -- None Available
Special Warranty Deed $504,800 Dependable Title Svcs
Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $225,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Balloon
Previous Owner $560,000 Unknown
Previous Owner $525,000 Unknown
Previous Owner $125,000 No Value Available
Previous Owner $75,000 No Value Available
Source: Public Records

Similar Homes in Sarasota, FL

  • 111 S Pineapple Ave Unit 804, Sarasota, FL 34236

    $1,385,000

    • 2 Beds
    • 2.5 Baths
    • 1,513 Sq Ft
    • 111 S Pineapple Ave
    • Unit 804
    • Sarasota, FL

    Lowest priced unit that offers 2 deeded parking spaces. Looking for luxurious urban living in a vibrant coastal city with space for 2 vehicles? This is your place! Positioned in the heart of downtown Sarasota, this residence at The Mark offers refined living with convenient access to everything people love about this city. Each day you’ll be reminded of your ideal location as you sit on your

    Christopher Bush PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Section Image
  • 340 S Palm Ave Unit PL1, Sarasota, FL 34236

    $1,290,000

    • 2 Beds
    • 3.5 Baths
    • 2,313 Sq Ft
    • 340 S Palm Ave
    • Unit PL1
    • Sarasota, FL

    Welcome to 340 S. Palm Ave, a truly exceptional and one-of-a-kind condo residence that effortlessly combines city elegance, chic design, and sophisticated living. This downtown gem is a haven for those seeking the perfect blend of luxury and convenience.The residence greets you with an artistically styled foyer, featuring a ceiling rotunda with striking lighting, leading to an expansive open

    Michael Ballantyne COLDWELL BANKER SARASOTA CENT.

    Section Image
  • 1212 Benjamin Franklin Dr Unit 901, Sarasota, FL 34236

    $1,295,000

    • 2 Beds
    • 2 Baths
    • 1,536 Sq Ft
    • 1212 Benjamin Franklin Dr
    • Unit 901
    • Sarasota, FL

    Direct Beachfront Luxury at The Lido Beach Club. Experience the pinnacle of luxury coastal living in this stunning 1,536 sq. ft. direct beachfront residence in the highly sought-after Lido Beach Club. Breathtaking panoramic Gulf views, a resort-style pool, and miles of pristine white sandy beaches, make this oceanfront sanctuary a rare gem. The Lido Beach Club elevates waterfront living with an

    Mark Swanson MICHAEL SAUNDERS & COMPANY

    Section Image
  • 20 Whispering Sands Dr Unit 306, Sarasota, FL 34242

    $1,375,000

    • 2 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 20 Whispering Sands Dr
    • Unit 306
    • Sarasota, FL

    ***PRICE REDUCED*** This stunning beachfront condo offers a rare combination of luxury, convenience, and breathtaking natural beauty. Nestled on the powdery soft white sands of Siesta Key Beach, this end unit features an additional window which floods the space with an abundance of natural light and provides panoramic views of the sparkling Gulf of Mexico.This condo isn’t just a home; it’s a

    Christa Spalding COLDWELL BANKER REALTY

    Section Image
  • 5600 Beach Way Dr Unit 315, Sarasota, FL 34242

    $1,000,000

    • 2 Beds
    • 2 Baths
    • 1,259 Sq Ft
    • 5600 Beach Way Dr
    • Unit 315
    • Sarasota, FL

    Are you ready to create your lifestyle in the sun, steps away from the quartz crystal white powdery sands and warm Gulf waters of the award-winning Siesta Key Beach? This wonderfully located tun-key, furnished condo end unit is oh so unique on the top floor with views of the beautiful beach and Gulf waters, a rare, remodeled find on the spectacular Gulf coasts of Florida! This recently,

    Karie Backman KELLER WILLIAMS ON THE WATER S

    Section Image
  • 5830 Midnight Pass Rd Unit 502, Sarasota, FL 34242

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,285 Sq Ft
    • 5830 Midnight Pass Rd
    • Unit 502
    • Sarasota, FL

    BRAND NEW A/C The Beach, Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE

    Marianne LeBar ROSEBAY INTERNATIONAL REALTY, INC

    Section Image
  • 9122 Midnight Pass Rd Unit 24, Sarasota, FL 34242

    $1,499,000

    • 3 Beds
    • 3 Baths
    • 2,558 Sq Ft
    • 9122 Midnight Pass Rd
    • Unit 24
    • Sarasota, FL

    In one of Siesta Key's most desirable buildings, Somerset Cay offers a very unique chance to own an opulent three-bedroom, three-bathroom waterfront home. The comforts of a condominium lifestyle are combined with the seclusion of single-family living in this property. With a private gate leading down to the pool and dock, residents may enjoy colorful sunsets from the expansive 900 square foot,

    Suzy Kolaz KELLER WILLIAMS ON THE WATER S

    Section Image
  • 1255 N Gulfstream Ave Unit 407, Sarasota, FL 34236

    $1,000,000

    • 2 Beds
    • 2 Baths
    • 1,629 Sq Ft
    • 1255 N Gulfstream Ave
    • Unit 407
    • Sarasota, FL

    Welcome to Bay Plaza! Conveniently located in the center of downtown with full unparallel water views. This condominium boasts an exceptional living experience with great amenities that include a grand circular motor court with valet service, attendant garage parking, fine concierge service, and much more. Escape and unwind from everyday life in this condo within walking distance to a vibrant

    Stacy Hanan MICHAEL SAUNDERS & COMPANY

    Section Image
  • 1255 N Gulfstream Ave Unit 1003, Sarasota, FL 34236

    $1,200,000

    • 2 Beds
    • 2 Baths
    • 1,565 Sq Ft
    • 1255 N Gulfstream Ave
    • Unit 1003
    • Sarasota, FL

    Welcome to unit 1003 at Bay Plaza, where breathtaking bay views are part of your daily life and everything in Downtown Sarasota is at your fingertips. This 2-bedroom, 2-bathroom residence boasts expansive water views, offering a picturesque backdrop of Sarasota Bay, Marina Jack, and the iconic Ringling Bridge. The split bedroom floorplan offers privacy and plenty of living space. With two

    Deborah Beacham MICHAEL SAUNDERS & COMPANY

    Section Image

Source: Stellar MLS

MLS Number: A4634965

Stellar MLS

APN: 2027-05-3013