David Ramirez
$1,300,0002 bd2 ba1,672 sqft$778 /sqft$8,091 /mo all-in ↓

1255 N GULFSTREAM AVENUE UNIT 507, SARASOTA, FL, 34236

Active74 days on marketListed May 26, 2026MLS #A4693623

WaterfrontCondominiumBAY PLAZA

About this home

1255 N GULFSTREAM AVENUE UNIT 507

Virtually Staged. Experience spectacular Sarasota waterfront living at 1255 N Gulfstream Ave in this 2BR, 2BA res. w/ den & 2 balconies, offering 1,872 total SF, where panoramic bay views & Gulf vistas beyond Big Pass are the undeniable centerpiece. This refined Bay Plaza condo places you at the heart of the city. Floor-to-clg glass doors in the great rm open directly to a covered balcony, perfect for entertaining & enjoying sunset skies & the vibrant energy of the marina & city skyline. The main primary suite is a standout feature, boasting its own private balcony and dramatic ceiling-to-floor glass doors that offer a secluded view of the mesmerizing bay waters and Gulf horizons beyond Big Pass. This space is thoughtfully designed to maximize natural light and showcase the stunning surroundings. Additionally, a secondary bedroom suite provides sweeping views and a beautifully updated bath, offering flexibility and privacy for guests or multi-generational living. Inside, elegant tile floors extend throughout, creating a cohesive visual flow. Substantial enhancements have been implemented, hidden fire sprinkler heads, upgraded electrical & plumbing, new ductwork, soundproof underlayment. Artful millwork draws the eye to impressive high clgs, while contemporary lighting such as LED downlights & designer fixtures, built-in media storage, & floating cabinetry & buffet w/ under-cabinet LED lighting combine style & practicality. The seller invested over $100K in Harmoni cabinetry—a luxury brand renowned for quality & design. Designer shades offer privacy & light control. The state-of-the-art kitchen features a raised clg w/ ambient lighting, quartz counters, contrasting upper & lower cabinets & SS appls., highlighted by a black SS range hood. Plus a serv. entry, a lndry space, & 2nd office area. Accessibility was a key focus in the renovation. The Owner’s suite, main living area, & kitchen are all wheelchair accessible, w/ 2'8" doorways for ease of movement, a fully accessible main closet, & an adapted primary bath. Please note: while most areas are designed for accessibility, some spaces may have limitations based on individual needs. Retreat to a spa-like primary bath w/ elegant natural stone, a floating, European-inspired vanity, complemented by a sep matching vanity w/ a 2nd sink in the wet rm. The zero-entry marble shower features dual shower heads, w/ a recessed rainfall fixt. delivering a spa-inspired experience, complemented by a built-in seat for ultimate relaxation. Both baths feature elevated clgs, and are equipped w/ a premium Schluter shower syst. A dedicated office features a built-in desk w/ Corian, a window seat & etched glass doors for privacy and natural light —an ideal space for flexible living & working. As a resident of Bay Plaza, you will enjoy premium amenities: garaged pkg for 2 cars, 24/7 valet pkg, EV charging, concierge services. & recently installed hurricane-rated sliding glass doors & windows. Unwind at the heated pool, soak in the spa, or stay active in the state-of-the-art fitness rm w/ a sauna & steam rm. Perfectly positioned in the heart of downtown Sarasota, Bay Plaza places you w/in easy reach of trendy restaurants, boutiques, & Sarasota’s vibrant cultural scene, from Whole Foods to the theatre & opera. Take in spectacular 4th of July fireworks at Marina Jack’s from your own balcony, & enjoy quick access to St. Armands Circle, Longboat Key, & the city’s stunning beaches. A detailed list of upgrades is available upon request.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,672

Sqft

0 ac

Lot size

2

Garage

1982

Year built

One

Levels

$778

Per sqft

WaterfrontCity & Water viewNegotiablePets allowed

Inside

FlooringTile
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Range Hood · Refrigerator · Washer · Water Filtration System · Water Softener
InteriorAccessibility Features · Built-in Features · Ceiling Fan(s) · High Ceilings · Living Room/Dining Room Combo · Open Floorplan · Solid Surface Counters · Split Bedroom · Stone Counters · Walk-In Closet(s) · Window Treatments
LaundryIn Kitchen · Inside · Laundry Closet
CoolingCentral Air
HeatingCentral · Electric
FurnishedNegotiable

Outside & construction

RoofConcrete
ConstructionBlock · Stucco
FoundationStilt/On Piling
ViewCity · Water
FacesNortheast
ParkingAssigned · Circular Driveway · Common · Covered · Deeded · Driveway · Electric Vehicle Charging Station(s) · Garage Faces Side · Ground Level · Guest · Off Street · Parking Pad · Portico · Reserved · Under Building · Valet
ExteriorBalcony · Lighting · Sidewalk · Sliding Doors · Storage

Community & fees

Taxes (2025)$5,148/yr
PetsNumber Limit, Size Limit, Yes
CommunityBay/Harbor Front · Waterfront · Association Recreation - Owned · Buyer Approval Required · Community Mailbox · Fitness Center · No Truck/RV/Motorcycle Parking · Pool · Wheelchair Access

Utilities & systems

UtilitiesPublic
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$8,091 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$7,015
PMI (est., until 20% equity)$488
Property tax — 2025 actual bill$429
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $130,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $130,000
Interest rate6.00%
Loan term

Estimated payment

$8,091/mo

Principal & interest$7,015
PMI (est., until 20% equity)$488
Property taxes (actual bill)$429
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.3M
$1.2MedgeAI estimate $1,339,316 · range $1.2M$1.6M$1.7M

vs edgeAI estimate

−2.9%

$/sqft vs Sarasota actives

$778 vs $345

Days on market

74 vs 62 typical

Where $778/sqft sits among the 400 Sarasota actives

226
58
34 · this home
33
20
29
$158–385$385–612$612–839$839–1065$1065–1292$1292+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Five Points

Map of 1255 N GULFSTREAM AVENUE UNIT 507 inside its neighborhood boundary

Drive times from this address

Downtown Tampa65 min
Tampa Int’l Airport (TPA)71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Five Points — neighborhood snapshot

Population

1,252

Median age

68

Median income

$78,978

Median home value

$869,264

Avg household

1

Households w/ children

22%

For the school run

Sarasota County School District

HighSarasota High School★★★★★
ElementarySouthside Elementary School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

162 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 59% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

May 26, 2026Listed at $1,300,000 · 74 days on market since
1982Built · BAY PLAZA

Reality check

What actually sold near 1255 N GULFSTREAM AVENUE UNIT 507

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1255 N GULFSTREAM AVENUE UNIT 607Sold · Mar ’26

$1,450,000

1255 N GULFSTREAM AVENUE UNIT 607 · same community

2 bd · 2 ba · 1,672 sqft · $867/sqft · 11 DOM

1255 N GULFSTREAM AVENUE UNIT 1407Sold · Jul ’26

$1,237,500

1255 N GULFSTREAM AVENUE UNIT 1407 · same community

2 bd · 2 ba · 1,629 sqft · $760/sqft · 136 DOM

1255 N GULFSTREAM AVENUE UNIT 1003Sold · Dec ’25

$950,000

1255 N GULFSTREAM AVENUE UNIT 1003 · same community

2 bd · 2 ba · 1,577 sqft · $602/sqft · 30 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1255 N GULFSTREAM AVENUE UNIT 507 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1255 N GULFSTREAM AVENUE UNIT 507 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

1255 N GULFSTREAM AVENUE UNIT 507 FAQs

What would the monthly payment be for 1255 N GULFSTREAM AVENUE UNIT 507?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,091/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1255 N GULFSTREAM AVENUE UNIT 507?+

The most recent tax bill on record (2025) was $5,148. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1255 N GULFSTREAM AVENUE UNIT 507?+

The listing reports pets: Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $1,300,000, this home is listed about 130% above the Sarasota median of $565,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1255 N GULFSTREAM AVENUE UNIT 507?+

Sarasota High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$1,300,000 runs 59% above the SARASOTA 34236 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Sarasota High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of CANDY SWICK & COMPANY · Candy Swick. MLS #A4693623.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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