NOT LISTED FOR SALE

Bay Plaza 1255 N Gulfstream Ave Unit 708 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,655,000 - $1,776,000

2 Beds
2 Baths
2,055 Sq Ft
$1,645/ mo HOA Fee

Last Sold April 14, 2023

Last sale price $2,075,000 $1,010 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $12,429/month

20 Days on Market

Highlights

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

About This Home

As of April 2023

COVETED END RESIDENCE WITH SPECTACULAR VIEWS OF SARASOTA BAY, Marina & the Sparkling Downtown Skyline from almost every room are a distinction of this Seventh Floor Condominium. The open floor plan beams with natural light from north, east, south and west exposures! PROFESSIONALLY DECORATED reflecting an exquisite floor plan for entertaining with over 2,000sf of living area! A unique DOUBLE BALCONY creates an expansive (28 ft. in length) indoor/outdoor living and entertaining experience. Your spacious primary suite provides its own private balcony, beautiful Bay Views, luxurious primary Bath and designer closet. The welcoming guest bedroom offers tranquil Bay views. Fabulous additional flexible space could easily provide for your computer space or lovely reading area. Interiors were thoroughly renovated in 2017 and exterior improvements include Living Room and Primary Suite Hurricane Force Sliding Glass Doors plus new balcony finishes. The downtown location, expansive interiors and breathtaking Bay Views all contribute to making this residence a spellbinding experience! The stunning downtown Bay Plaza building was exquisitely designed by renowned Architect, Tim Siebert, offering stylish comfort with an array of amenities & services, including 24 Hour Concierge, 24 Hour Valet, (2 Parking Spaces Included), EV Charging Stations, Heated Pool, Hot Tub, Fitness Facility, Outdoor Grill, Storage, Media Room and social spaces. Steps away to Downtown with a vast selection of restaurants, cultural events and shopping! Prime location close to Theatre & Opera, St. Armand’s Circle, Whole Foods, July 4th Fireworks at Marina Jack’s, Longboat Key and gorgeous Sarasota area Beaches! Your Sarasota paradise lifestyle is just a move away!

Last Agent to Sell the Property

Terri Harrington

VUE REALTY, LLC License #3255972 Listed on: 12/07/2022

Co-Listed By

Cory Montagano

VUE REALTY, LLC License #0708901

Last Buyer's Agent

Bruce Myer

COLDWELL BANKER REALTY License #0342109

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,572

Year Built

  • Built in 1982

Lot Details

  • Southwest Facing Home
  • Mature Landscaping
  • Street paved with bricks

HOA Fees

  • $1,645 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Portico
  • Ground Level Parking
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Parking Garage Space

Property Views

Home Design

  • Midcentury Modern Architecture
  • Entry on the 7th floor
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Robert Malan Association, Phone Number (941) 365-2448
  • Visit Association Website
  • Bay Plaza Community
  • Bay Plaza Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to vehicle restrictions
  • Community features wheelchair access

Amenities

  • Valet Parking
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,572

Year Built

Built in 1982

Lot Details

1.54 Acres

HOA Fees

$1,645 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2055
  • Lot Size Acres: 1.54
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2372
  • Status: Sold
  • Street Direction: N
  • Co List Office Mls Id: MFR281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 220.37
  • Escrow State: FL
  • Floor Number: 7
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1009.73
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,High Rise
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows, Low Emissivity Windows, Shutters, Tinted Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 190.92

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Other
  • Road Surface Type: Brick
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Bay/Harbor - Full,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Electric Vehicle Charging Station(s), Ground Level, Guest, Portico, Under Building, Valet

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Wheelchair Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Vehicle Restrictions
  • Association Name: Robert Malan
  • 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: Please see Bay Plaza Rules & Regulations for details.
  • Condo Fees: 4936
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Association Email: Pm@bayplaza.net
  • Monthly Condo Fee Amount: 1645
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: Http://bayplazasrq.com

Fee Information

  • Total Annual Fees: 19744.00
  • Total Monthly Fees: 1645.33

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027053057
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Bay Plaza Rules & Regulations for restriction details.

Tax Info

  • Tax Annual Amount: 12572.17
  • Tax Book Number: 20-5
  • Tax Lot: 708

Multi Family

  • Approval Process: Please see Bay Plaza Condominium documents and Rules & Regulations for details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Apr 14, 2023
Sold by
Hughes Wayne L and Hughes Linda Schroeder
Bought by
Apt Jerome and Abraham Carolyn Hess
Seller's Agent
Terri Harrington
VUE REALTY, LLC
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$2,200,000
Sold Price
$2,075,000
Premium/Discount to List
-$125,000
-5.68%
Views
22
Current Estimated Value
$1,725,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$349,250
Avg. Annual Appreciation
-6.10%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Coolidge Jean Elizabeth Pityo and Coolidge Letchert J
Bought by
Hughes Wayne L and Hughes Linda Schroeder

Purchase Details

Closed on
Jun 6, 2001
Sold by
Letschert Titus J M and Letschert Jean Elizabeth Cooli
Bought by
Letschert Titus J M and Letschert Jean Elizabeth Cooli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Apt Jerome $2,075,000 None Listed On Document
Hughes Wayne L $950,000 Attorney
Letschert Titus J M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Letschert Titus J M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $2,075,000 -5.7% $1,010 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $2,200,000 -- $1,071 / Sq Ft
Source: Stellar MLS

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
2025 $21,664 $1,279,700 -- $1,279,700
2024 $12,781 $1,451,800 -- $1,451,800
2023 $12,781 $881,686 $0 $0
2022 $12,459 $856,006 $0 $0
2021 $12,572 $831,074 $0 $0
2020 $12,720 $819,600 $0 $819,600
2019 $12,935 $835,250 $0 $0
2018 $11,834 $763,700 $0 $763,700
2017 $5,251 $348,169 $0 $0
2016 $5,277 $746,700 $0 $746,700
2015 $5,353 $684,400 $0 $684,400
2014 $5,345 $330,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Harrington

    Seller's Agent in 2023

    Terri Harrington

    VUE REALTY, LLC

    (941) 782-0000

    3 in this area

    106 Total Sales

    Terri Harrington
    Section Image
  • Cory Montagano

    Seller Co-Listing Agent in 2023

    Cory Montagano

    VUE REALTY, LLC

    (941) 320-1235

    1 in this area

    10 Total Sales

    Cory Montagano
    Section Image
  • Bruce Myer

    Buyer's Agent in 2023

    Bruce Myer

    COLDWELL BANKER REALTY

    (941) 387-1847

    13 in this area

    277 Total Sales

    Bruce Myer
    Section Image
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About Bay Plaza

Map

Source: Stellar MLS

MLS Number: A4553801

Stellar MLS

APN: 2027-05-3057

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1255 N Gulfstream Ave Unit 708, Sarasota, FL

Not Listed for Sale

Condos

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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