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ActiveWATERFRONTNO CDD
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$3,895,000
$911/sqft13% reduced
HOA: $18,067/quTaxes: $55,267/yr201d on market
3 Beds|4 Baths|4,276 Sq Ft|Built 2001|3 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 13% ($600,000 off original)
  • 201+ days on market — seller may be motivated
  • Updated 1 day ago

Buyer Insights are informational only — always verify with your agent.

Move in ready Ritz Carlton Penthouse is the mark of distinction worldwide. 1111 Ritz Carlton Drive, Unit 1803, Sarasota, Florida is a true penthouse perched atop the prestigious Ritz-Carlton Residences and hotel. This 4,276-square-foot masterpiece offers breathtaking panoramic views of Sarasota Bay and the vibrant downtown skyline. Meticulously remodeled, this residence boasts three spacious bedrooms, each with a versatile den/office space, and luxurious en-suite bathrooms. The mother-in-law suite includes its own den, kitchen, and entrance with doorbell. The open concept living area features rich wood floors and expansive windows that flood the space with natural light and showcases stunning water vistas. The state-of-the-art kitchen is a chef’s dream, equipped with brand-new Wolf appliances, a Sub-Zero refrigerator, and elegant solid wood cabinetry. The master suite is a private sanctuary, offering a lavish bathroom and a huge custom walk-in closet. Living at this Ritz holds a special significance. Residents enjoy exclusive access to Ritz-Carlton’s world-class amenities, including a heated bayfront pool and spa. Uniquely in Sarasota, you and your guests will be greeted by a Ritz Carlton attendant who will cover your chaise lounge, give you pool towels with one rolled on which to rest your head, and bring you a bucket of ice with bottled water. Menu service of drinks, cocktails, and food can be charged to your Residences personal tab. Valet guest parking is available at the main hotel entrance. The property comes with three premium extra wide parking spaces and two spacious storage areas. Newspaper and package delivery to your unit are two more of the many services. Don’t feel like making breakfast, lunch, or supper? Call Ritz Carlton room service from Jack Dusty’s kitchen for white linen service in your room for you, two, or the whole family. Or maybe just a late-night dessert. The Ritz Carlton hotel provides coastal sophistication dining with two in building restaurants, Jack Dusty’s and The Rafa. Situated in the heart of Sarasota, you’re just moments away from Marina Jack, upscale dining such as the new Ocean Prime, boutique shopping, and the rich cultural offerings of the Theater District and Van Wezel Performing Arts Hall. The pristine Gulf beaches are also within easy reach, making this residence the epitome of sophisticated coastal living. Located as the hub of Sarasota’s finest neighborhood you will experience the pinnacle of elegance and comfort in this exceptional Ritz-Carlton penthouse. Be treated with the luxury you deserve. It can all be yours – always!

County
Sarasota
Zip Code
34236

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High
Type
Condominium
Living Area
4,276 sqft
Construction
Block, Concrete, Stucco
Roof
Other
Flooring
Carpet, Hardwood, Marble, Tile
Pool
No
HOA
$18,067 / Quarterly
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/family Room Combo
  • Living Room/dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Tray Ceiling(s)
  • Walk-in Closet(s)
  • Window Treatments
  • Balcony
  • Private Mailbox
  • Sidewalk
  • Sliding Doors
  • Storage
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Ice Maker
  • Microwave
  • Refrigerator
  • Washer
  • Inside
  • Laundry Room
  • Same Floor As Condo Unit
  • Covered
  • Front Porch
  • Porch
  • City Limits
  • Landscaped
  • Near Marina
  • Near Public Transit
  • Sidewalk
  • Paved
  • Cable Available
  • Cable Connected
  • Electricity Connected
  • Fire Hydrant
  • Phone Available
  • Public
  • Sewer Connected
  • Underground Utilities
  • Buyer Approval Required
  • Community Mailbox
  • Pool
  • Restaurant
  • Sidewalks
  • Special Community Restrictions
  • Street Lights
  • Canal Front
  • Cable Tv
  • Elevators
  • Pool
  • Spa/hot Tub
  • Guard - 24 Hour
Bedrooms
3
Bathrooms
4
Year Built
2001
Construction
Block, Concrete, Stucco
Flooring
Carpet, Hardwood, Marble, Tile
Roof
Other
Garage Spaces
3
Cooling
Central Air, Zoned
Heating
Central, Electric
Waterfront
Yes
Pet Restrictions
Yes
Lot Size
0.56 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Medium (36-60 Lbs.)
# of Pets
Max Pet Weight
45 lbs
Tax Year
2024
Annual Tax Amount
$55,267

Association Fees

  • HOA Fee

    LAURA LOWE

    $18,067/ Quarterly

Down Payment20% — $779,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$19,695
HOA Fee
$6,022
Est. Property Tax
$4,606
Est. Insurance
$1,298
Total Est. Monthly Cost$31,621

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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