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Bay Plaza

Bay Plaza

Bay Plaza
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1255 N Gulfstream Ave
Sarasota, FL 34236
100 Units
14 Stories
1982 Year Built
$990K - $4.2M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Valet Parking
  • Booker High School Rated A-
  • Property fronts gulf or ocean
  • Fitness Center
  • Heated In Ground Pool
  • 4 min walk to Five Points Park

Iconic downtown living with panoramic bay views

Bay Plaza, a landmark in downtown Sarasota, offers residents a coveted address just steps from the vibrant waterfront. Designed by renowned architect Tim Seibert, this 14-story tower was completed in 1982 and houses 101 luxury condominiums. The building's prime location on Palm Avenue provides unobstructed views of Sarasota Bay, Marina Jack, and the Gulf of Mexico beyond. With its contemporary design and full-service amenities, Bay Plaza has long been considered one of the most desirable residential buildings in the heart of the city.

Spacious residences with breathtaking vistas

Bay Plaza offers a range of generously sized residences, from 2-bedroom units starting at 1,565 square feet to expansive 4-bedroom layouts spanning up to 3,943 square feet. The 2-bedroom configurations, priced from $1,000,000 to $1,795,000, feature 2 to 2.5 bathrooms and provide ample living space. For those seeking more room, 3-bedroom units range from 1,656 to 3,684 square feet with 2 to 3.5 bathrooms, and are available from $932,500 to $1,500,000. The most luxurious offerings are the 4-bedroom residences, approximately 3,900 square feet in size with 3.5 bathrooms. Many units have undergone extensive renovations, showcasing high-end finishes and modern design elements. Residents can expect features such as open floor plans, gourmet kitchens with top-of-the-line appliances, and spa-like bathrooms. Floor-to-ceiling windows and multiple private balconies in many units maximize the stunning water and city views. Some residences boast custom details like herringbone beechwood flooring, marble-topped built-ins, and smart home automation systems. Monthly HOA fees range from $1,900 to $2,700, covering a comprehensive list of services and amenities including cable TV, pool maintenance, escrow reserves, insurance, structural and grounds maintenance, management, pest control, recreational facilities, security, sewer, trash, and water.

Resort-inspired amenities and white-glove services

Bay Plaza offers an array of luxurious amenities designed to enhance residents' lifestyles. The building features a heated outdoor pool and spa, perfect for year-round relaxation and exercise. Fitness enthusiasts will appreciate the well-equipped fitness center, complete with sauna and steam rooms. For entertainment and socializing, the building provides a media room, party room, and resident lounge. Outdoor amenities include a shaded entertainment deck and outdoor grill area, ideal for al fresco dining and gatherings. The building also houses a library, meeting room, and board room for quiet work or study. Practical amenities such as bike storage and additional storage units are available to residents. Bay Plaza stands out with its commitment to exceptional service. The building offers 24-hour concierge and valet services, ensuring residents' needs are met around the clock. On-site management and maintenance staff keep the property in pristine condition. Security personnel and an intercom system provide peace of mind for residents. The building has adapted to modern needs with the addition of EV charging stations in the parking garage. Assigned garage parking spaces and extra parking spots are available to residents, a valuable asset in the bustling downtown area.

Cultural hub with waterfront charm

Bay Plaza's location in the heart of downtown Sarasota places residents at the center of a vibrant cultural and culinary scene. The neighborhood is known for its walkability, with a plethora of attractions within easy reach. Just steps away, the Sarasota Bayfront Park and Marina Jack offer scenic waterfront strolls and dining options. Art enthusiasts will appreciate the proximity to numerous galleries and cultural venues. The Florida Studio Theater and Sarasota Opera House are within walking distance, providing world-class performances throughout the year. For those who enjoy the visual arts, the area boasts several galleries showcasing local and international talent. Dining options abound in the neighborhood, ranging from casual cafes to upscale restaurants. Element Steak Seafood Pasta, an upscale contemporary restaurant, is just a short walk away. Jack Dusty, located in The Ritz Carlton, offers seafood and crafted cocktails in a nautical-themed setting. Shopping enthusiasts will find a variety of boutiques and specialty stores nearby. Whole Foods Market is conveniently located for grocery needs, while unique shops like Pineapple Lain Boutique and Lotus Boutique offer fashion and accessories. The weekly Sarasota Farmers Market, held every Saturday morning, is a popular destination for fresh produce and local artisanal goods. Green spaces are plentiful in the area, with several parks within walking distance. Five Points Park and Bayfront Park provide urban oases for relaxation and recreation. The Marie Selby Botanical Gardens, a short distance away, offers 15 acres of bayfront sanctuaries connecting people with air plants of the world, native nature, and our regional history. The neighborhood's prime location also allows easy access to nearby attractions such as St. Armands Circle, known for its upscale shopping and dining, and the beaches of Lido Key and Longboat Key, just a short drive away.

Convenient access in a pedestrian-friendly locale

Bay Plaza's downtown location offers residents excellent accessibility and transportation options. The area is highly walkable, with most daily errands and attractions easily accomplished on foot. The neighborhood's flat terrain and well-maintained sidewalks make it ideal for pedestrians. For those who prefer cycling, the area is reasonably bike-friendly, with some bike infrastructure. The Ringling Bridge, a short distance away, is a popular route for cyclists and pedestrians alike, offering stunning views of the bay and cityscape. While public transit options are somewhat limited, the building's central location reduces the need for frequent transportation. For longer trips or commutes, residents have access to ride-sharing services and taxis. Drivers will appreciate the easy access to major roads. The nearby Interstate 75 connects to other parts of Florida, while local streets provide quick routes to surrounding neighborhoods and beaches. The building's valet parking service and assigned garage spaces make car ownership convenient, even in the bustling downtown area. For air travel, the Sarasota/Bradenton International Airport is conveniently located just 4.5 miles away, about a 10-minute drive from Bay Plaza. This proximity makes it easy for residents to catch flights for business or leisure travel. The combination of walkability, bikeability, and easy access to major roads and the airport makes Bay Plaza an ideal location for those who value convenience and accessibility in their urban lifestyle.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • White Water Ocean
  • Marina
  • Intracoastal
  • Full Bay or Harbor
  • City
  • Woods

Recreation

  • Recreation Facilities
  • Fitness Center
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Community Pool
  • Community Spa

Outdoor Features

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

Amenities

  • Sauna
  • Community Mailbox
  • Community Storage Space
  • Security Service

Parking

  • 1 - 3 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • Portico
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Reserved Parking
  • Deeded Parking
  • 1 Assigned Parking Space
  • Valet Parking

Pet Policy

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

Condo Association

  • $2,741 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,911 - $3,428
  • 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
  • Robert (Bob) Malan Association, Phone Number (941) 365-2448
  • Visit Association Website
  • Bay Plaza Community
  • Bay Plaza Subdivision
  • On-Site Maintenance
  • The community has rules related to vehicle restrictions

Building Design

  • Storm Windows
  • High Impact Windows
  • Fire Sprinkler System
  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry Room
  • Balcony

Unit Information

Beds
2 Beds
2 Beds
2 Beds
3 Beds
4 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
3.5 Baths
Sq Ft
1,822
1,629
1,565
1,901
4,053
Price
$1,259,000
$1,000,000
$1,200,000
$1,590,000
$4,700,000
Price / Sq Ft
$691 / Sq Ft
$614 / Sq Ft
$767 / Sq Ft
$836 / Sq Ft
$1,160 / Sq Ft
List Date
01/10/2025
02/25/2025
09/23/2024
11/29/2024
01/31/2025

Unit Size and Value Ranges

2 Bedroom Units
Sq Ft Range
1,565 - 3,478
Est. Values
$1,026,139 - $3,278,481
3 Bedroom Units
Sq Ft Range
1,656 - 3,684
Est. Values
$989,961 - $3,460,359
4 Bedroom Units
Sq Ft Range
4,053
Est. Values
$4,237,493
All Units
Sq Ft Range
1,565 - 4,053
Est. Values
$989,961 - $4,237,493

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Bikeable

Bike Score®

65 / 100

Walker's Paradise

Walk Score®

96 / 100

Some Transit

Transit Score®

46 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

70 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$292K - $2.5M
Range of Taxes in Building
$2,922 - $36,299
Range of Taxes per Sq Ft
$1.76 - $11.85

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Architect
Seibert Architects
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 and should be independently verified.