Skip main navigation
Sold for $3,850,000
  • $3,850,000

    1111 Ritz Carlton Dr APT 1703, Sarasota, FL 34236

    3beds
    4,276sqft
    Hotel/Motel, Condominium
    Built in 2001
    -- sqft lot
    $4,037,100 Zestimate®
    $900/sqft
    $7,278 Estimated rent

    Home value

    $4,037,100

    $3.59M - $4.64M

    $7,278/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,278/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,278/mo

    Rent Zestimate®

    Refinance and save

    $30,541/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $30,541/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Unique star ceilingAutomatic solar shadesLarge windowsSoaring ceilingsNatural lightRelaxing soaking tubGulf views
    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).

    Zillow last checked:

    Listing updated:

    Listing Provided 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#: A4593527MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    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 & neighborhood

    Security
    • Security features: Fire Sprinkler System, Smoke Detector(s)
    Community
    • 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)
    Location
    • Region: Sarasota
    • Subdivision: THE RESIDENCES

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $6,022 monthly
    • 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
    • Association name: IVANA PODOLSKA
    • Association phone: 941-309-2268
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    3/15/2024Sold$3,850,000-3.7%$900/sqft
    Source: Stellar MLS #A4593527 Report a problem
    2/20/2024Pending sale$3,999,000$935/sqft
    Source: Stellar MLS #A4593527 Report a problem
    12/28/2023Listed for sale$3,999,000-19.9%$935/sqft
    Source: Stellar MLS #A4593527 Report a problem
    4/10/2023Listing removed--
    Source: Michael Saunders & Company Report a problem
    6/10/2022Listed for sale$4,995,000$1,168/sqft
    Source: Stellar MLS #A4537226 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
    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
    $4,037,100
    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
    $4,037,100