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For sale
  • Price cut: $300K (5/1)
    $3,995,000

    1111 Ritz Carlton Dr APT 1603, Sarasota, FL 34236

    3beds
    4,276sqft
    : 
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    Hotel/Motel, Condominium
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $934/sqft
    $6,022/mo HOA

    What's special

    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.
    122 days
    |
    108
    |
    5
    |

    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

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      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

      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: $934/sqft
      • Tax assessed value: $2,912,700
      • Annual tax amount: $33,630
      • Date on market: 3/4/2026
      • Cumulative days on market: 123 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
        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
        7/8/2014Price change$2,700,000-15.6%$631/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        5/9/2013Listed for sale$3,200,000+20.8%$748/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

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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