$1,000,000
$150K PRICE DROP

Estimated payment $9,231/month

Total Views 6,239
2 Beds
2 Baths
1,629 Sq Ft
$614 Price per Sq Ft

Highlights

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

About This Home

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 culinary, cultural, and art scene. This 4th-floor residence presents a spacious floor plan, with breathtaking western views of the bay and city skyline. Spanning 1,629 square feet, the home features two generously sized bedrooms, two bathrooms, separate dining room, and two private terraces. As you enter, you’re welcomed by a large airy living space illuminated by floor-to-ceiling newly hurricane impact-rated sliding doors and windows. The seamless flow continues to an expansive, tiled terrace that provides sweeping views of Sarasota Bay, Marina Jack, the iconic Ringling Bridge, and the sparkling city lights in the distance. It’s the perfect setting for entertaining. The extended galley kitchen offers solid counter tops, stainless steel appliances, wood cabinets, extra storage, and space for a desk. The kitchen, with its adjacent dining area, is ideal for hosting family and friends. The generously-sized owner’s suite offers direct access to the private terrace, along with a large walk-in closet, dual vanities, a soaking tub, and a walk-in shower. The thoughtfully designed split floor plan also includes a guest room and bath, offering a peaceful retreat for visitors. Bay Plaza offers a lifestyle enhanced by legendary services and amenities including 24-hour valet parking, front desk attendants, on-site property management, and a beautiful lounge and library area. The fully equipped fitness center, complete with a sauna and steam room, provides ultimate relaxation. The heated pool and spa, combined with a community recreation area and covered grilling station, ensure that every day feels like a vacation. Convenience is key at Bay Plaza, with assigned parking, extra storage, bicycle storage, and EV charging stations available for residents. The condominium boasts exceptional walkability, with easy access to the waterfront boardwalk, diverse dining options, and the rich cultural events of downtown Sarasota. This ideal location simply elevates the entire appeal of Bay Plaza waterfront living. It truly stands as both a destination and a place to call home.

Listing Agent

Stacy Hanan

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3121519 Listed on: 02/25/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,181

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $2,741 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • On-Street Parking
  • 1 Assigned Parking Space

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,629 Sq Ft Home
  • Crown Molding
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, security, sewer, trash, water
  • High-Rise Condominium
  • Bay Plaza Community
  • Bay Plaza Subdivision
  • The community has rules related to deed restrictions
  • 14-Story Property

Amenities

  • Valet Parking
  • Community Mailbox

Recreation

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,181

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,741 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, 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
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1629
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1829
  • Directions to Property: Go northeast on Main St toward Gulfstream Ave - Turn left at the 1st cross street onto Gulfstream Ave - Bay Plaza on your left. At circle driveway park your car in the 15 minute parking and let valet know that you are here for a showing.
  • Status: Active
  • Street Direction: N
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 4
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 613.87
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: No
  • Stories: 14
  • Window Features: Storm Window(s)
  • Street Number Modifier: 1255
  • Living Area Meters: 151.34
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, Lighting
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • 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, Circular Driveway, Guest, On Street, Valet

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See Condo Docs and Declaration Docs. Pets must be transported in the service elevator only. Owners may own and maintain one dog, two cats, and small domestic birds.
  • 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: 2027053032
  • Additional Parcels: No
  • Lot Features: City Limits, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: HOA and board approval for lease and purchase.

Tax Info

  • Tax Annual Amount: 12181
  • Tax Book Number: 20-5
  • Tax Lot: 0

Multi Family

  • Approval Process: Application and fee - HOA and Board approval needed.

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 $11,401 $772,646 -- --
2023 $11,401 $824,000 $0 $824,000
2022 $9,988 $676,100 $0 $676,100
2021 $9,239 $580,500 $0 $580,500
2020 $8,988 $549,700 $0 $549,700
2019 $9,018 $553,000 $0 $553,000
2018 $8,290 $505,700 $0 $505,700
2017 $8,368 $505,700 $0 $505,700
2016 $8,362 $494,500 $0 $494,500
2015 $7,821 $453,200 $0 $453,200
2014 $7,158 $371,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $1,000,000 -13.0% $614 / Sq Ft
02/25/2025 02/25/25 For Sale $1,150,000 +125.5% $706 / Sq Ft
04/17/2012 04/17/12 Sold $510,000 0.0% $313 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $510,000 -- $313 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 Attorney
Warranty Deed $425,000 Attorney
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Unknown
Previous Owner $216,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4642115

Stellar MLS

APN: 2027-05-3032