$295,000
$80K PRICE DROP

Gulfstream Towers 33 S Gulfstream Ave Unit 502 Floor 5 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $2,851/month

Total Views 6,851
1 Bed
1 Bath
820 Sq Ft
$360 Price per Sq Ft

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Southside Elementary School Rated A
  • 0.56 Acre Lot
  • 3-minute walk to Five Points Park

About This Home

One or more photo(s) has been virtually staged. DOWNTOWN LIVING WITH BAY VIEWS . . . AMAZING LOCATION . . . DOWNTOWN SARASOTA . . . MOVE IN READY . . . HURRICANE WINDOWS . . .NEW HOT WATER HEATER . . . OUTSTANDING VALUE.... Front row living in the heart of downtown Sarasota with bay views. This is the best value in Sarasota's vibrant city center. Wake up each morning to panoramic views of Sarasota Bay, marina boats and Gulf sunsets. Right outside your front door is Bayfront Park, Main Street dining, theaters, farmers markets and Marina Jack. This spacious 1 bedroom, 1 bath condo offers an incredible opportunity surrounded by beautiful views. Walkable, waterfront and priced below market, this unit is a rare chance to own in one of downtowns best locations. This is a very pet friendly building. Gulfstream Towers is a well-maintained building with amenities including a heated rooftop pool, fitness, BBQ area, social room, on-site management, and walkable to the city's best restaurants, shops, galleries, theaters and bayfront. Whether you are an investor, renovator or buyer looking to customize your home, this is the perfect condo for you offering an outstanding value. Call to schedule your showing. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.

Listing Agent

Reeny Kaney

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0527277 Listed on: 05/18/2025

RE/MAX ALLIANCE GROUP

Co-Listing Agent

Lisa Kroshus

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #3557683

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1964

HOA Fees

  • $963 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Property Views

  • Park or Greenbelt

Home Design

  • Entry on the 5th floor
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 820 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, recreational facilities, sewer, trash, water
  • /Gulfstream Towers Management/Sal Picerno Association, Phone Number (941) 955-7534
  • Visit Association Website
  • Gulfstream Towers Community
  • Gulfstream Towers Subdivision
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Park

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,046

Year Built

Built in 1964

Lot Details

0

HOA Fees

$963 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 820
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 880
  • Lot Size Sq Ft: 24390
  • Status: Active
  • Street Direction: S
  • Co List Office Mls Id: MFR281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • Entry Level: 5
  • Building Area Total Srch Sq M: 81.75
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 359.76
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-954-5454
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Range Hood
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 10
  • Window Features: Storm Window(s)
  • Living Area Meters: 76.18

Exterior Features

  • Direction Faces: West
  • Exterior Features: Outdoor Grill
  • Roof: Membrane
  • Pool Private: No
  • View: Park/Greenbelt, Pool, Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Curb Parking, Guest, On Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Park, Pool, Sidewalks
  • Association Fee: 963
  • Association Fee Frequency: Monthly
  • Association Name: /Gulfstream Towers Management/Sal Picerno
  • Phone: 941-955-7534
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One small pet allowed.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Association Email: Gulfstreamtowersmanager@gmail.com
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.gulfstreamtowers.org/

Fee Information

  • Total Annual Fees: 11556.00
  • Total Monthly Fees: 963.00
  • Monthly HOA Amount: 963.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027051022
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Only 20% of building can be rented. Must own unit for 2 years before allowed to rent. See Rules and Regulations for more details.

Tax Info

  • Tax Annual Amount: 4046.48
  • Tax Book Number: 1-13
  • Tax Lot: 502

Multi Family

  • Approval Process: Application

Map

About Gulfstream Towers

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $4,046 $262,659 -- --
2024 $3,531 $238,781 -- --
2023 $3,531 $241,800 $0 $241,800
2022 $3,302 $228,700 $0 $228,700
2021 $2,933 $179,400 $0 $179,400
2020 $2,888 $172,000 $0 $172,000
2019 $2,976 $178,500 $0 $178,500
2018 $2,941 $193,000 $0 $193,000
2017 $3,010 $146,879 $0 $0
2016 $2,777 $192,000 $0 $192,000
2015 $2,480 $159,000 $0 $159,000
2014 $2,167 $100,320 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Price Changed $295,000 -1.7% $360 / Sq Ft
10/06/2025 10/06/25 Price Changed $300,000 -9.1% $366 / Sq Ft
08/26/2025 08/26/25 Price Changed $330,000 +10.0% $402 / Sq Ft
08/05/2025 08/05/25 Price Changed $300,000 -9.1% $366 / Sq Ft
06/18/2025 06/18/25 Price Changed $330,000 -5.7% $402 / Sq Ft
05/29/2025 05/29/25 Price Changed $350,000 -6.7% $427 / Sq Ft
05/18/2025 05/18/25 For Sale $375,000 -- $457 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $131,000 New House Title Llc
Special Warranty Deed -- Attorney
Trustee Deed -- None Available
Warranty Deed $390,000 Msc Title Inc
Guardian Deed $215,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,000 Credit Line Revolving
Previous Owner $312,000 Fannie Mae Freddie Mac
Previous Owner $204,250 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: A4652399

Stellar MLS

APN: 2027-05-1022

Florida Sarasota County Sarasota 34236 Downtown Sarasota

33 S Gulfstream Ave Unit 502, Sarasota, FL

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 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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Reeny Kaney
Listing Agent
Reeny Kaney
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RE/MAX ALLIANCE GROUP
(941) 841-8472