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For sale
    • Price cut: $145K (8/21)
    $3,850,000

    1111 RITZ CARLTON DRIVE #1603, SARASOTA, FL 34236

    3beds
    4,276sqft
    : 
    $31,274/mo
    Get pre-qualified
    Hotel/Motel, Condominium
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $900/sqft
    $6,022/mo HOA

    What's special

    Exceptional value, a rare expression of penthouse living at The Ritz-Carlton Residences, Sarasota, Residence 1603 is an impeccably reimagined home distinguished by extraordinary Sarasota Bay views, exceptional finishes, and the coveted western exposure that brings the drama of sunset into the residence each evening. High above the bay, walls of glass create an effortless connection to the water and sky, with expansive views from nearly every room. Twenty-four-inch Portuguese tile extends throughout the residence, providing a polished architectural foundation for interiors that are as elegant as they are inviting. As afternoon gives way to evening, the western horizon becomes the centerpiece, with Sarasota Bay and its celebrated sunsets unfolding in ever-changing light. The custom-designed kitchen pairs bespoke cabinetry with a substantial center island and premium appliances, while three beautifully appointed en-suite bedrooms provide exceptional privacy for owners and guests. A private theater and integrated Sonos sound system elevate the experience of entertaining at home, whether hosting an intimate gathering or enjoying an evening in complete privacy. The residence is offered with a coveted Ritz-Carlton Gold Membership, extending the experience beyond the home with access to the exclusive Beach Club and Golf Club. At the residence, the legendary Ritz-Carlton standard of service is at your fingertips, including 24-hour valet and concierge, in-residence dining, exceptional on-site restaurants, and a state-of-the-art fitness center. Nearby marina access further complements Sarasota's exceptional waterfront lifestyle. Two premium parking spaces are included. The residence is offered turnkey, presenting an extraordinary opportunity to acquire a fully finished and thoughtfully curated penthouse, with every detail considered. Residence 1603 is more than a remarkable home—it is an invitation to experience Sarasota at its most elevated, where panoramic bay views, extraordinary sunsets, elevated design, and the unmistakable service of The Ritz-Carlton come together in one exceptional address.
    214 days
    120
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Bridget Spiess 941-720-6304,

    PREFERRED SHORE LLC 941-999-1179,

    Jade Eller 941-720-3236,

    PREFERRED SHORE LLC

    Source: Stellar MLS,MLS#: A4684538MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Media Room
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 20x12
      Bedroom 2
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 288 Square Feet
      • Dimensions: 16x18
      Bedroom 3
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 176 Square Feet
      • Dimensions: 16x11
      Primary bathroom
      • Features: Dual Sinks, Garden Bath, Shower No Tub
      • Level: First
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Bathroom 2
      • Features: Dual Sinks, Garden Bath, Shower No Tub
      • Level: First
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Bathroom 3
      • Features: Dual Sinks, Shower No Tub
      • Level: First
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Bathroom 4
      • Level: First
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Balcony porch lanai
      • Level: First
      • Area: 40 Square Feet
      • Dimensions: 8x5
      Kitchen
      • Features: Kitchen Island
      • Level: First
      • Area: 88 Square Feet
      • Dimensions: 11x8
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 378 Square Feet
      • Dimensions: 21x18
      Media room
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 20x18
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater, Water Filtration System, Wine Refrigerator
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space 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)
      • Flooring: Carpet, Ceramic Tile, Marble
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 4,500
      • Total interior livable area: 4,276 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Covered, Ground Level, Guest, Off Street, Open, Under Building, Valet
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Other, Porch
      • Exterior features: Balcony, Lighting
      • Pool features: Deck, Gunite, Heated, In Ground, Lighting
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Water, Bay/Harbor - Full
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full
      • Waterfront features: Bay/Harbor Front, Waterfront
      Lot
      • Features: City Lot, In County, Near Golf Course, Near Marina, Near Public Transit
      Details
      • Additional structures: Storage
      • Parcel number: 2010014041
      • Zoning: DTB
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Hotel/Motel, Condominium
      Materials
      • Stucco
      • Foundation: Raised
      • Roof: Concrete
      Condition
      • Completed
      • New construction: No
      • Year built: 2001

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Bay/Harbor Front, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Restaurant, Sidewalks, Special Community Restrictions, Tennis Court(s)
      • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: THE RESIDENCES
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Security, Storage, Vehicle Restrictions
      • Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $6,022 monthly
      • HOA name: Ivana Podolska, Residences Manager
      • HOA phone: 941-309-2268
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $900/sqft
      • Tax assessed value: $2,912,700
      • Annual tax amount: $33,630
      • Date on market: 3/4/2026
      • Cumulative days on market: 215 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$3,850,000-3.6%$900/sqft
        Source: Stellar MLS #A4684538 Report a problem
        5/1/2026Price change$3,995,000-7%$934/sqft
        Source: Stellar MLS #A4684538 Report a problem
        3/5/2026Listed for sale$4,295,000-14%$1,004/sqft
        Source: Stellar MLS #A4684538 Report a problem
        8/7/2025Listing removed$4,995,000$1,168/sqft
        Source: Stellar MLS #A4578738 Report a problem
        4/30/2025Price change$4,995,000-5.3%$1,168/sqft
        Source: Stellar MLS #A4578738 Report a problem
        2/7/2025Price change$5,275,000+3.4%$1,234/sqft
        Source: Stellar MLS #A4578738 Report a problem
        12/12/2024Price change$5,100,000-3.8%$1,193/sqft
        Source: Stellar MLS #A4578738 Report a problem
        8/18/2024Price change$5,300,000-5.4%$1,239/sqft
        Source: Stellar MLS #A4578738 Report a problem
        7/1/2024Price change$5,600,000-5.1%$1,310/sqft
        Source: Stellar MLS #A4578738 Report a problem
        6/6/2024Listed for sale$5,900,000$1,380/sqft
        Source: Stellar MLS #A4578738 Report a problem
        5/21/2024Listing removed--
        Source: Stellar MLS #A4578738 Report a problem
        4/26/2024Listed for sale$5,900,000$1,380/sqft
        Source: Stellar MLS #A4578738 Report a problem
        4/26/2024Pending sale$5,900,000$1,380/sqft
        Source: Stellar MLS #A4578738 Report a problem
        12/11/2023Price change$5,900,000-12.7%$1,380/sqft
        Source: Stellar MLS #A4578738 Report a problem
        8/4/2023Listed for sale$6,760,000+15.1%$1,581/sqft
        Source: Stellar MLS #A4578738 Report a problem
        9/8/2021Listing removed--
        Source: Stellar MLS #A4497471 Report a problem
        5/1/2021Price change$5,875,000-7.9%$1,374/sqft
        Source: Stellar MLS #A4497471 Report a problem
        4/15/2021Listed for sale$6,382,000+275.4%$1,493/sqft
        Source: Stellar MLS #A4497471 Report a problem
        5/26/2017Sold$1,700,000-32%$398/sqft
        Source: Stellar MLS #A4144744 Report a problem
        4/24/2017Pending sale$2,500,000$585/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        4/20/2016Price change$2,500,000-5.7%$585/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        2/6/2016Price change$2,650,000-1.9%$620/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        12/31/2015Listed for sale$2,700,000$631/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        10/16/2015Pending sale$2,700,000$631/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        7/8/2014Listed for sale$2,700,000+1.9%$631/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        4/26/2005Sold$2,650,000$620/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$33,631 +5%$2,235,963 +2.9%
        2024$32,041 +2.7%$2,172,948 +3%
        2023$31,214 +2.4%$2,109,658 +3%
        2022$30,468 -1.1%$2,048,212 +3%
        2021$30,809 -1.2%$1,988,555 +1.4%
        2020$31,185 -2.7%$1,961,100 -3%
        2019$32,056 $2,020,902 +22.4%
        2018$32,056 +22.1%$1,651,041 -23.2%
        2017$26,256 -23.7%$2,150,400 -5.4%
        2016$34,429 $2,273,400 +12.8%
        2015$34,429 +3.7%$2,016,200 +20%
        2014$33,205 +15.5%$1,680,389
        2013$28,747 +3.9%$1,680,389 +1.7%
        2012$27,667 -9.1%$1,652,300 -8.7%
        2011$30,447 -4.8%$1,809,100 -3.3%
        2010$31,997 -5.9%$1,871,500 -2.1%
        2009$33,995 $1,911,400 -10.2%
        2008$33,995 -10.5%$2,128,600 -9.9%
        2007$37,970 $2,361,500 -4%
        2006-- $2,459,000 +9.5%
        2005-- $2,244,900 +1.5%
        2004$39,752 +6.2%$2,211,998 +10%
        2003$37,438 +2.4%$2,010,907 +1.8%
        2002$36,562 $1,974,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        87 / 100
        Very Walkable
        44 / 100
        Some Transit
        64 / 100
        Bikeable

        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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