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$3,995,000
$934/sqft7% reduced
HOA: $18,067/quTaxes: $33,631/yr166d on market

The Residences

1111 RITZ CARLTON DR #1603, SARASOTA, FL, 34236

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3 Beds|4 Baths|4,276 Sq Ft|Built 2001|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Golf Course
Feature
Near Golf Course
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 7% ($300,000 off original)
  • 166+ days on market — seller may be motivated

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

Experience luxury living at the iconic Ritz-Carlton Residences. The most updated unit in the building, this penthouse features top-of-the-line finishes, 24” Portugal tile throughout, water views from every room, and western exposure for stunning Sarasota Bay sunsets. The state-of-the-art kitchen includes bespoke cabinetry, a large island, and premium appliances. Three en-suite bedrooms, a private theater room, and a Sonos sound system complete the interior. Expansive windows frame bay views by day and vibrant western sunsets in the evening. This unit conveys with a Ritz-Carlton Gold Membership, providing access to the Beach Club and Golf Club. Residents enjoy full-service amenities including valet, concierge, in-room dining, on-site restaurants, and a fitness center. Everything you need for refined city living is seamlessly combined in this penthouse. Two premium parking spaces and nearby marina access are included. This penthouse can be purchased turnkey, with panoramic water views, exceptional design, and the service and prestige of the Ritz-Carlton brand.

Subdivision
THE RESIDENCES
County
Sarasota
Zip Code
34236

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Condo - Hotel
Living Area
4,276 sqft
Construction
Stucco
Roof
Concrete
Flooring
Carpet, Ceramic Tile, Marble
Pool
No
HOA
$18,067 / Quarterly
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Living Room/dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-in Closet(s)
  • Window Treatments
  • Balcony
  • Lighting
  • Sliding Doors
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Tankless Water Heater
  • Water Filtration System
  • Wine Refrigerator
  • Laundry Room
  • Other
  • Porch
  • City Limits
  • In County
  • Near Golf Course
  • Near Marina
  • Near Public Transit
  • Paved
  • Bb/hs Internet Available
  • Cable Available
  • Cable Connected
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected
  • Association Recreation - Owned
  • Buyer Approval Required
  • Clubhouse
  • Community Mailbox
  • Deed Restrictions
  • Fitness Center
  • Pool
  • Restaurant
  • Sidewalks
  • Special Community Restrictions
  • Tennis Court(s)
  • Bay/harbor Front
  • Waterfront
  • Clubhouse
  • Elevators
  • Fitness Center
  • Maintenance
  • Pool
  • Recreation Facilities
  • Security
  • Storage
  • Vehicle Restrictions
  • Guard - 24 Hour
  • Common Area Taxes
  • Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Insurance
  • Internet
  • Maintenance Structure
  • Maintenance Grounds
  • Management
  • Pest Control
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water
  • Storage
Bedrooms
3
Bathrooms
4
Year Built
2001
Construction
Stucco
Flooring
Carpet, Ceramic Tile, Marble
Roof
Concrete
Garage Spaces
2
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Breed Restrictions, Number Limit, Size Limit, Yes
Lot Size
Senior Community
No
Building Elevator
Yes
Pet Size
Medium (36-60 Lbs.)
# of Pets
2
Max Pet Weight
45 lbs
Tax Year
2025
Annual Tax Amount
$33,631

Association Fees

  • HOA Fee

    Ivana Podolska, Residences Manager

    $18,067/ Quarterly

Down Payment20% — $799,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$20,201
HOA Fee
$6,022
Est. Property Tax
$2,803
Est. Insurance
$1,332
Total Est. Monthly Cost$30,357

* 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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