NOT LISTED FOR SALE

Bay Plaza 1255 N Gulfstream Ave Unit S1404 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $2,821,613 - $3,381,000

3 Beds

3.5 Baths

3,478 Sq Ft

$2,966/mo HOA Fee

Last sale price $1,875,000 $539 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $21,706/month

9 Days on Market

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

As of August 2019

Now you can experience Downtown living at its best in this rare Bay Plaza Double Residence featuring breathtaking 14th floor panoramas of Sarasota Bay looking all the way to Lido, Longboat, Siesta and beyond. The view alone is something to be experienced, and with 3,953 square feet including 3 en-suite bedrooms, formal living and dining rooms, breakfast room, sizeable chef’s kitchen, and three ample balconies, you will not be at a loss for space. And that’s not taking into account the truly astonishing amount of storage space located within the residence. This condo really lives like a home. Bay Plaza is also one of the most coveted Sarasota condominiums for many reasons including its incredible location in the heart of Downtown, overlooking Sarasota Bay. The impeccable 24/7 concierge and valet services are also at the top of the list. Other amenities include an enclosed outdoor oasis with a heated pool, spa, grill, and summer kitchen, a state of the art fitness center featuring new equipment, steam rooms and saunas, and a sophisticated lobby level including a game room/library and a social/conference room with kitchen. Sarasota itself is a plethora of local and exotic cuisine, phenomenal shopping and entertainment, a well-established arts and culture scene, numerous outdoor activities including some of the best beaches in the country, and you will be mere moments from it all. The possibilities are truly endless.

Last Agent to Sell the Property

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661 Listed on: 04/03/2019

Last Buyer's Agent

Candy Swick

CANDY SWICK & COMPANY License #0330355

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,419

Year Built

Built in 1982

HOA Fees

$2,966 Monthly HOA Fees

Parking

2 Car Attached Garage
Common or Shared Parking
Circular Driveway
Assigned Parking

Property Views

Park or Greenbelt

Home Design

Custom Home
Concrete Roof
Pile Dwellings
Stucco

Interior Spaces

3,478 Sq Ft Home
Open Floorplan
Built-In Features
Ceiling Fan
Shutters
Sliding Doors
Great Room
Breakfast Room
Formal Dining Room
Den
Bonus Room
Inside Utility
Sauna

Kitchen

Eat-In Kitchen
Built-In Oven
Cooktop
Recirculated Exhaust Fan
Microwave
Dishwasher
Wine Refrigerator
Stone Countertops
Solid Wood Cabinet
Disposal

Flooring

Carpet
Tile

Bedrooms and Bathrooms

3 Bedrooms
Split Bedroom Floorplan
Walk-In Closet

Laundry

Laundry Room
Dryer
Washer

Home Security

Pool

Heated In Ground Pool
Heated Spa
In Ground Spa
Gunite Pool
Outdoor Shower
Outside Bathroom Access
Pool Lighting

Outdoor Features

Property is near a marina
Covered patio or porch
Exterior Lighting
Outdoor Grill

Location

Flood Zone Lot
Property is near public transit
City Lot

Utilities

Central Air
Heating Available
Thermostat
Tankless Water Heater
High Speed Internet
Phone Available
Cable TV Available

Additional Features

Grip-Accessible Features
Southwest Facing Home

Listing and Financial Details

Homestead Exemption
Visit Down Payment Resource Website
Tax Lot 14D
Assessor Parcel Number 2027053101

Community Details

Overview

Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
High-Rise Condominium
Bay Plaza Community
Bay Plaza Subdivision
On-Site Maintenance
Association Owns Recreation Facilities
Rental Restrictions
15-Story Property

Amenities

Valet Parking
Elevator

Recreation

Recreation Facilities
Community Spa

Pet Policy

Pets up to 25 lbs
Pet Size Limit
2 Pets Allowed

Security

Security Service
Hurricane or Storm Shutters
Storm Windows
Fire and Smoke Detector
Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,419

Year Built

Built in 1982

Lot Details

HOA Fees

$2,966 per month

Parking

Listing Details

HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
Property Type: Residential
Property Sub Type: Condominium
Architectural Style: Custom
Construction Materials: Stucco
Fireplace: No
Living Area: 3478
New Construction: No
Year Built: 1982
Accessibility Features: Grip-Accessible Features
Building Area Total: 3953
Directions to Property: Bay Plaza vehicle entrance is off North Palm Avenue, between Main Street and Cocoanut Avenue. You can use guest parking, valet, or the top floor of the parking garage.
Status: Sold
Street Direction: N
Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4432080&show_results=true&skip_sso=true
Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4432080&cview=true&show_results=true&customer_portal=true
Floor Number: 14
Homestead Y N: Yes
Number Of Pets: 2
Total Acreage: Non-Applicable
Unit Number Y N: No
Property Description: High Rise
Call Center Phone Number: 941-364-4014
Ratio: Close Price\List Price: 0.89286
Price per Sq Ft: 539.1
Close to Original List Price Ratio: 0.89286
Ratio: Current Price\Building Area Total: 474.32
View: Yes
Ownership: Condominium
ResoBuildingAreaSource: PublicRecords
Tax Year: 2018
Special Features: VirtualTour

Interior Features

Living Area Units: Square Feet
Flooring: Carpet, Tile
Full Bathrooms: 3
Half Bathrooms: 1
Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Foundation Details: Stilt/On Piling
Total Bedrooms: 3
Levels: One
Spa Features: Heated, In Ground
Spa Yn: Yes
Stories: 15
Window Features: Shutters, Window Treatments, Storm Window(s)
Street Number Modifier: 1255
Room Count: 12
Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Great Room, Inside Utility
ResoLivingAreaSource: PublicRecords

Exterior Features

Direction Faces: Southwest
Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
Exterior Features: Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors
Roof: Concrete
Pool Private: No
View: City, Park, Water
Water Body Name: Sarasota Bay
Waterfront: No
Patio and Porch Features: Covered
Road Surface Type: Paved
Water View: Bay/Harbor - Full
Water View Y N: Yes
Water Access Y N: No
Water Extras Y N: No
Flood Zone Panel: 12115C0133F
Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

Attached Garage: Yes
Carport Y N: No
Garage Spaces: 2
Garage Yn: Yes
Parking Features: Assigned, Circular Driveway, Common, Covered, Driveway, Guest, Valet
Covered Parking Spaces: 2
Open Parking: No

Utilities

Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights
Cooling: Central Air
Heating: Electric
Laundry Features: Inside, Laundry Room
Sewer: Public Sewer
Water Source: Public
Cooling Y N: Yes
Heating Yn: Yes

Condo/Co-op/Association

Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool, Sidewalk
Association Amenities: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub
Association: Yes
Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Fire/Smoke Detection Integration
Senior Community: No
Condo Fees: 8898
Condo Fees Term: Quarterly
Condo Land Included Y N: No
Monthly Condo Fee Amount: 2966
Association Fee Requirement: None
Association Approval Required YN: Yes

Fee Information

Total Annual Fees: 35592
Total Monthly Fees: 2966

Lot Info

Zoning: DTB
Parcel Number: 2027053101
Additional Parcels: No
Lot Features: FloodZone, City Lot, Near Marina, Near Public Transit, Sidewalk
Flood Zone Code: AE
Flood Zone Date: 2016-11-04
ResoLotSizeUnits: SquareFeet

Rental Info

Furnished: Unfurnished
Pets Allowed: Size Limit, Yes
Pet Size: Small (16-35 Lbs.)
Max Pet Weight: 25
Minimum Lease: 1-2 Years
Approval Process: See association rules
Num Timesper Year: 1
Pet Restrictions: See association documents
Lease Restrictions Y N: Yes
Additional Lease Restrictions: Application process, see association rules

Tax Info

Tax Annual Amount: 12419
Tax Book Number: 20-5
Tax Lot: 14D

Ownership History

Jul 2019 - Present Mckeough Patrick Michael 5 Years and 11 Months

Private Individual

Purchase Details

Listed on

Apr 3, 2019

Closed on

Jul 31, 2019

Sold by

Albert Marvin

Bought by

Mckeough Patrick Michael

Seller's Agent

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Buyer's Agent

Candy Swick

CANDY SWICK & COMPANY

List Price

$2,100,000

Sold Price

$1,875,000

Premium/Discount to List

-$225,000

-10.71%

Total Days on Market

Current Estimated Value

$3,098,403

Estimated Appreciation

$1,223,403

Avg. Annual Appreciation

8.93%

Sep 2011 - Jul 2019 Aaron Geraldine 7 Years and 10 Months

Private Individual

Purchase Details

Closed on

Sep 14, 2011

Sold by

Rbc Bank Usa

Bought by

Aaron Geraldine

Aug 2005 - Sep 2011 Richardson Robert A 6 Years and 1 Month

Private Individual

Purchase Details

Closed on

Aug 15, 2005

Sold by

Marcus Richard E

Bought by

Richardson Robert A

Sep 1999 - Aug 2005 Richardson Robert A 5 Years and 11 Months

Private Individual

Purchase Details

Closed on

Sep 14, 1999

Sold by

Wurzburg A Hart

Bought by

Richardson Robert A

Jan 1998 - Sep 1999 Richard E Marcus Tr 1 Year and 8 Months

Private Individual

Purchase Details

Closed on

Jan 7, 1998

Sold by

Marcus Richard E and Marcus Francelle W

Bought by

Richard E Marcus Tr

Aug 1997 - Jan 1998 Marcus Richard E and Marcus Francelle W 5 Months

Private Individual

Purchase Details

Closed on

Aug 29, 1997

Sold by

Lajoie Robert E and Lajoie Iris R

Bought by

Marcus Richard E and Marcus Francelle W

Jan 1995 - Aug 1997 Clark Douglas 2 Years and 7 Months

Private Individual

Purchase Details

Closed on

Jan 17, 1995

Sold by

Stein William M and Berger Marjorie S

Bought by

Clark Douglas

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Mckeough Patrick Michael	--	Attorney
Mckeough Patrick Michael	--	Attorney
Mckeough Patrick Michael	$1,875,000	Attorney
Aaron Geraldine	$825,000	Attorney
Richardson Robert A	$1,399,000	--
Richardson Robert A	$500,000	--
Richard E Marcus Tr	--	--
Marcus Richard E	$750,000	--
Clark Douglas	$180,000	--

Source: Public Records

Mortgage History

Date	Status	Borrower	Loan Amount
	Previous Owner	Strong Toska	$90,000
	Previous Owner	Foldes Stephen	$147,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
08/02/2019 08/02/19	Sold	$1,875,000	-10.7%	$539 / Sq Ft
04/12/2019 04/12/19	Pending	--	--	--
04/03/2019 04/03/19	For Sale	$2,100,000	--	$604 / 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
2024	$27,569	$1,832,521	--	--
2023	$27,569	$2,054,100	$0	$2,054,100
2022	$23,340	$1,561,400	$0	$1,561,400
2021	$21,842	$1,376,800	$0	$1,376,800
2020	$20,618	$1,264,200	$0	$1,264,200
2019	$12,623	$804,140	$0	$0
2018	$12,419	$789,146	$0	$0
2017	$12,278	$772,915	$0	$0
2016	$12,299	$1,231,600	$0	$1,231,600
2015	$12,482	$1,128,700	$0	$1,128,700
2014	$12,471	$734,768	$0	$0

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2019

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY

(941) 587-9156

7 in this area

60 Total Sales

Jo Rutstein
Buyer's Agent in 2019

Candy Swick

CANDY SWICK & COMPANY

(941) 256-2747

33 in this area

280 Total Sales

Candy Swick

See All Agents

About Bay Plaza

Map

Source: Stellar MLS

MLS Number: A4432080

APN: 2027-05-3101

Florida Sarasota County Sarasota 34236 Downtown Sarasota

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

Nearby Homes

Downtown Sarasota

Bay Plaza 1255 N Gulfstream Ave Unit S1404 Sarasota, FL 34236

Last Sold August 02, 2019

Highlights

About This Home

Property Details

Community Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Similar Homes in Sarasota, FL

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

About Bay Plaza

Map