This northwest-facing Ritz-Carlton penthouse, one of only four residences on the 17th floor, offers an unparalleled showcase of breathtaking bay, city, and Gulf views from every vantage point. With its expansive nearly 4,300-square-foot layout and trendy furnishings (included), this residence bathes in natural light and boasts a sophisticated design featuring neutral hues, soaring ceilings, and luxurious finishes at every turn. Upon entering, a grand foyer adorned with a striking chandelier sets the tone. It leads seamlessly into the grand room, a space characterized by walls of glass sliders that open to one of two bayfront terraces, where you can bask in views of the cerulean waters, passing boats, and unforgettable sunsets. Continuing onward, the stylish formal dining room features a unique star ceiling and wine storage wall art, creating a captivating ambiance for entertaining. Adjacent to the living room, a remarkable flex space has been thoughtfully transformed into a home theater. On the opposite side of the penthouse, the well-appointed kitchen awaits the culinary enthusiast. Granite countertops, a new dishwasher, a convenient breakfast bar, and a light-filled breakfast room that overlooks the bay create an inviting space for meal preparation and dining. The voluminous bay-facing owner's suite provides a private sanctuary. This retreat features a generously sized sitting room with large windows, an enormous walk-in closet complete with built-ins and automatic solar shades. The lavish ensuite bathroom showcases quartz countertops with dual sinks, a relaxing soaking tub, a walk-in shower with bench, and ample cabinetry. An expansive guest suite offers sliders to a private balcony, two spacious walk-in closets, a comfortable sitting area, and a luxurious bath with both a walk-in shower and a separate soaking tub. Nearby, a versatile third bedroom/office with an en-suite bath awaits, offering multiple built-ins and a generously sized walk-in closet. Additionally, the property comes with two coveted parking spots in the secure garage. Situated atop the hotel, Ritz-Carlton residence owners enjoy world-class services and amenities, including 24-hour security, in-residence gourmet dining (available 24 hours), valet service, concierge, electronic building access, exclusive use of the Founders Room, and a beautiful bayfront deck featuring a heated swimming pool and spa. From the state-of-the-art fitness center to the tennis courts and a dedicated residential management team, life at the Ritz-Carlton is the perfect blend of luxury and unparalleled service. To elevate your luxury experience, you have the option to access additional features, such as the golf and beach club, available through membership in the Ritz Members Club. Beyond the Ritz-Carlton's refined confines, Marina Jack, trendy eateries, shopping opportunities, and the rich cultural activities of the Theater District, Van Wezel Performing Arts Hall, Ringling Museum, and the pristine Gulf beaches are all mere minutes from your front door. Bedroom Closet Type: Walk-in Closet (Bedroom 2). Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Sold for $3,850,000
$3,850,000
1111 RITZ CARLTON DRIVE #1703, SARASOTA, FL 34236
3beds
4,276sqft
Hotel/Motel, Condominium
Built in 2001
-- sqft lot
$3,944,300 Zestimate®
$900/sqft
$7,278 Estimated rent
Home value
$3,944,300
$3.51M - $4.46M
$7,278/mo
Zestimate® history
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List your homeWhat's special
Unique star ceilingAutomatic solar shadesLarge windowsSoaring ceilingsNatural lightRelaxing soaking tubGulf views
Zillow last checked:
Listing updated:
Listed by:
Roger Pettingell 941-383-6411,
COLDWELL BANKER REALTY 941-383-6411
Bought with:
Randall Marks, 3305598
COLDWELL BANKER REALTY
Frank Castrogiovanni, 581870
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4593527
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Dining Room, Living Room, Utility Room, Media Room
Primary bedroom
- Features: Built-In Shelving, Dual Sinks, En Suite Bathroom, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 459 Square Feet
- Dimensions: 27x17
Bedroom 2
- Features: Dual Sinks, En Suite Bathroom, Granite Counters, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 351 Square Feet
- Dimensions: 27x13
Bedroom 3
- Features: Built-In Shelving, Built-in Features, En Suite Bathroom, Shower No Tub, Single Vanity, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 252 Square Feet
- Dimensions: 14x18
Dinette
- Level: First
- Area: 143 Square Feet
- Dimensions: 13x11
Dining room
- Level: First
- Area: 260 Square Feet
- Dimensions: 13x20
Kitchen
- Features: Breakfast Bar, Built-In Shelving, Granite Counters
- Level: First
- Area: 210 Square Feet
- Dimensions: 14x15
Living room
- Level: First
- Area: 560 Square Feet
- Dimensions: 28x20
Media room
- Features: Built-In Shelving, Wet Bar
- Level: First
- Area: 234 Square Feet
- Dimensions: 18x13
Heating
- Central, Electric, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Travertine
- Doors: Sliding Doors
- Windows: Drapes, Shades, Window Treatments
- Has fireplace: No
- Furnished: Yes
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,276 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Circular Driveway, Common, Garage Door Opener, Guest, Oversized, Portico, Under Building, Valet
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Rear Porch
- Exterior features: Balcony, Lighting, Sidewalk, Storage
- Has private pool: Yes
- Pool features: Deck, Gunite, Heated, In Ground, Lighting
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: City, Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor
- Body of water: SARASOTA BAY
Lot
- Features: City Lot, Landscaped, Near Golf Course, Near Marina, Sidewalk
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Tennis Court(s)
- Parcel number: 2010014045
- Zoning: DTB
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Custom,Elevated
- Property subtype: Hotel/Motel, Condominium
Materials
- Block, Stucco
- Foundation: Raised
- Roof: Concrete
Condition
- New construction: No
- Year built: 2001
Details
- Builder model: CEIL
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, 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 Sprinkler System, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: THE RESIDENCES
HOA
- Has HOA: No
- Amenities included: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
- Services included: 24-Hour Guard, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $6,022 monthly
- HOA name: IVANA PODOLSKA
- HOA phone: 941-309-2268
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $900/sqft
- Tax assessed value: $2,934,800
- Annual tax amount: $40,052
- Date on market: 12/28/2023
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $3,850,000-3.7%$900/sqft |
Source:  Stellar MLS #A4593527 Report a problem | ||
| 2/20/2024 | Pending sale | $3,999,000$935/sqft |
Source: Stellar MLS #A4593527 Report a problem | ||
| 12/28/2023 | Listed for sale | $3,999,000-19.9%$935/sqft |
Source: Stellar MLS #A4593527 Report a problem | ||
| 4/10/2023 | Listing removed | -- |
Source:  Michael Saunders & Company Report a problem | ||
| 6/10/2022 | Listed for sale | $4,995,000$1,168/sqft |
Source: Stellar MLS #A4537226 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,628 +5.8% | $2,934,800 +17.9% |
| 2024 | $42,198 +5.4% | $2,488,970 +10% |
| 2023 | $40,052 +8.9% | $2,262,700 +10% |
| 2022 | $36,767 +24.3% | $2,057,000 +10% |
| 2021 | $29,579 -0.8% | $1,870,000 +1.9% |
| 2020 | $29,807 -4.9% | $1,835,600 -5.2% |
| 2019 | $31,328 | $1,936,000 -11.1% |
| 2018 | $31,328 -11.2% | $2,178,500 0% |
| 2017 | $35,289 +0.5% | $2,178,600 -6.1% |
| 2016 | $35,099 | $2,320,400 +12.8% |
| 2015 | $35,099 +3.7% | $2,057,800 +15% |
| 2014 | $33,850 +8.3% | $1,789,500 |
| 2013 | $31,244 +8.3% | $1,789,500 +6.1% |
| 2012 | $28,851 -7.1% | $1,686,300 -8.7% |
| 2011 | $31,063 -4.8% | $1,846,400 -3.3% |
| 2010 | $32,615 -4% | $1,910,000 -2.1% |
| 2009 | $33,961 | $1,950,700 -8.3% |
| 2008 | $33,961 -10.5% | $2,128,100 -9.9% |
| 2007 | $37,934 | $2,360,900 -4% |
| 2006 | -- | $2,459,000 +4.6% |
| 2005 | -- | $2,351,800 +5.4% |
| 2004 | $40,050 +6.2% | $2,230,350 +10% |
| 2003 | $37,717 +2.4% | $2,027,591 +1.8% |
| 2002 | $36,822 | $1,990,800 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 7/10Alta Vista Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 2.5 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$3,944,300
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Estimated market value
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- Florida
- Sarasota County
- Sarasota
- 34236
- Downtown
- 1111 RITZ CARLTON DRIVE Unit 1703
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