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Sold for $800,000
  • $800,000

    1111 N GULFSTREAM AVENUE #16D, SARASOTA, FL 34236

    2beds
    1,736sqft
    Condominium
    Built in 1974
    -- sqft lot
    $797,300 Zestimate®
    $461/sqft
    $5,619 Estimated rent

    Home value

    $797,300

    $734,000 - $869,000

    $5,619/mo

    Zestimate® history
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    What's special

    WHERE LUXURY MEETS SARASOTA. Gorgeous Direct Sunsets. Where downtown luxury living meets Sarasota Bay on this 16th floor Resiidence. Come enjoy the best Sarasota has to offer. This lifestyle is undeniable. Perfectly positioned in the highly desirable D stack to capture expansive views, this two-bedroom, two-bath residence presents a rare opportunity to create your own vision in one of Sarasota’s most desirable waterfront buildings due to its convenient location within the downtown area. The larger floor plan is filled with natural light, enhanced by floor-to-ceiling hurricane impact windows and sliding glass doors that frame the bay while maintaining a sense of privacy and tranquility. Step onto your large balcony with sleek glass railings, an ideal vantage point to take in Sarasota’s breathtaking sunsets and celebrated events, including the annual Christmas boat parade. One Watergate is nearing completion of a comprehensive transformation designed to elevate every aspect of the living experience. The building has been freshly painted inside and out, with ongoing landscape enhancements creating a refined arrival. Interior corridors have been thoughtfully updated with new carpeting, modern lighting, fresh paint, and detailed trim work. The lobby and clubroom are undergoing a complete reimagining, curated to deliver a sophisticated and welcoming environment, while a state-of-the-art fitness center will soon be introduced exclusively for residents and their guests. Estimated completion is Summer 2026. Secure fob access and attentive onsite management provide an added layer of comfort and peace of mind. Resort-style amenities enrich everyday living, including a sunlit waterfront pool, two tennis and pickleball courts, outdoor grilling areas, and a beautifully updated social lounge. The residence includes one deeded covered parking space, with ample guest parking and additional secured levels for convenience. At One Watergate, Sarasota’s most sought-after experiences are just moments away. Enjoy a short walk to Marina Jack and Bayfront Park, or indulge in nearby five-star destinations such as Jack Dusty at The Ritz Carlton, Ocean Prime, and the Westin rooftop lounge, the highest vantage point in the city. Downtown Sarasota offers an exceptional lifestyle with renowned dining, boutique shopping, a vibrant arts scene, and the popular Saturday Farmers Market. Just over the Ringling Bridge, explore St Armands Circle and the pristine beaches of Lido Key. Cultural landmarks, including The Ringling Museum and Van Wezel Performing Arts Hall, are minutes away, along with convenient access to Sarasota Bradenton International Airport. More than a residence, this is a front row seat to the Sarasota lifestyle within a building undergoing an exciting evolution. Whether as a full-time home or seasonal retreat, this offering presents a compelling opportunity to enjoy the perfect balance of urban sophistication and waterfront serenity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janette Schafer 954-298-7791,

    COLDWELL BANKER REALTY 941-366-8070

    Bought with:

    Babette Paige, 3239943

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4684753MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Room
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Balcony porch lanai
    • Level: First
    Dinette
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Luxury Vinyl
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 1,996
    • Total interior livable area: 1,736 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Sidewalk
    • Has view: Yes
    • View description: Pool, Tennis Court, Bay/Harbor - Partial
    • Has water view: Yes
    • Water view: Bay/Harbor - Partial
    Lot
    • Size: 2.82 Acres
    • Features: City Lot
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 2010013093
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Raised
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Boat Slip, Clubhouse, Fitness Center, Park, Pool, Restaurant, Sidewalks, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: ONE WATERGATE
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Fitness Center, Park, Pickleball Court(s), Pool, Tennis Court(s)
    • Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance
    • HOA fee: $1,633 monthly
    • HOA name: Tanya Buckelew
    • HOA phone: 941-366-1611
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $461/sqft
    • Tax assessed value: $878,200
    • Annual tax amount: $12,680
    • Date on market: 3/24/2026
    • Cumulative days on market: 31 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    5/22/2026Sold$800,000-8.6%$461/sqft
    Source: Stellar MLS #A4684753 Report a problem
    5/4/2026Pending sale$875,000$504/sqft
    Source: Stellar MLS #A4684753 Report a problem
    3/31/2026Listed for sale$875,000$504/sqft
    Source: Stellar MLS #A4684753 Report a problem
    3/24/2026Pending sale$875,000+402.9%$504/sqft
    Source: Stellar MLS #A4684753 Report a problem
    4/4/1996Sold$174,000-1.7%$100/sqft
    Source: Public Record Report a problem
    8/2/1993Sold$177,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,681 +6.8%$785,637 +10%
    2024$11,872 +4.9%$714,215 +10%
    2023$11,315 +9.1%$649,286 +10%
    2022$10,375 +21%$590,260 +10%
    2021$8,577 +6%$536,600 +9%
    2020$8,094 -2.1%$492,400 -1.1%
    2019$8,269 $497,640 +10%
    2018$8,269 +10.9%$452,400 +3.7%
    2017$7,457 +14.2%$436,448 +4.9%
    2016$6,531 $416,000 +7.5%
    2015$6,531 +7.8%$387,100 +29.9%
    2014$6,059 +8%$298,100
    2013$5,609 +16.4%$298,100 +10%
    2012$4,819 +1.9%$271,000
    2011$4,730 -12.6%$271,000 -11.5%
    2010$5,412 -25.6%$306,200 -16.7%
    2009$7,274 $367,800 -17.6%
    2008$7,274 -11%$446,300 -10.6%
    2007$8,172 $499,200 -18%
    2006-- $608,800 +33.2%
    2005-- $457,029 +20.8%
    2004$6,966 +13.4%$378,242 +18%
    2003$6,144 +10.8%$320,544 +12%
    2002$5,545 +46.2%$286,200 +42%
    2001$3,792 +6.2%$201,533 +7%
    2000$3,570 $188,349
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alta Vista Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $797,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $797,300