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Sold for $2,850,000
  • $2,850,000

    35 WATERGATE DRIVE #1005, SARASOTA, FL 34236

    4beds
    3,659sqft
    Condominium
    Built in 2003
    -- sqft lot
    $2,831,700 Zestimate®
    $779/sqft
    $7,790 Estimated rent

    Home value

    $2,831,700

    $2.58M - $3.11M

    $7,790/mo

    Zestimate® history
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    What's special

    Breakfast barFloor-to-ceiling hurricane-rated windowsOpen-concept floor planCentrally located kitchenWood flooring throughoutCustom-fitted walk-in closetsSpectacular west-facing sunsets
    Arrive by private elevator directly to the grand foyer of this tenth-floor residence at the Ritz-Carlton Tower Residences, ideally positioned within the coveted ’05 stack—widely considered the premier vantage point in the building. This preferred orientation captures sweeping, unobstructed panoramas of Sarasota Bay and the Ritz-Carlton marina, complemented by spectacular west-facing sunsets. Artist-crafted glass double entry doors with custom illuminated accents provide a striking arrival and set a tone of understated elegance throughout. Residence #1005 offers a highly sought-after four-bedroom layout with four full baths, thoughtfully designed for both refined entertaining and everyday comfort. An open-concept floor plan is enhanced by wood flooring throughout and anchored by a centrally located kitchen featuring a breakfast bar, stainless-steel appliances, dual convection ovens, and an induction cooktop. Floor-to-ceiling, hurricane-rated windows flood the interior with natural light, while two expansive terraces extend the living space outdoors for effortless entertaining. A split-bedroom design ensures exceptional privacy for owners and guests. The primary suite is distinguished by a double-door entry and custom underlit accent shelving, an en-suite marble bath with dual split vanities, private water closet and custom-fitted walk-in closets. The fourth bedroom / study serves as a versatile retreat, highlighted by a gas fireplace framed by floor-to-ceiling built-in cabinetry and an adjacent full bath. A new HVAC system installed in 2025 adds comfort and peace of mind. The residence includes two assigned under-building parking spaces—one conveniently located near the side lobby entrance. Additionally, 2 climate-controlled storage units, one conveniently located just outside the residence. The pet-friendly Tower Residences offer the legendary Ritz-Carlton lifestyle, featuring dedicated private concierge service, a state-of-the-art fitness center, massage and wellness rooms, sauna, resort-style heated pool and spa, private theater, and beautifully appointed social and entertaining spaces. Recent enhancements include a reimagined lobby and entry experience, refreshed landscaping, and an inviting outdoor lounge with grilling facilities. Additional conveniences include 24-hour in-residence dining, a private interior corridor with direct access to the Ritz-Carlton Hotel’s amenities, restaurants, and spa, as well as valet parking for residents and guests. Perfectly positioned along Sarasota’s Bayfront and downtown corridor, with easy access to St. Armands Circle, Lido Beach, cultural attractions, and fine dining, this exceptional offering represents a rare opportunity to secure one of the most desirable residences within the Tower.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Ackerman, PA 305-205-7700,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Gail Welch, 3312023

    COASTAL PROPERTIES & MGMT.

    Source: Stellar MLS,MLS#: A4676375MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Den/Library/Office, Family Room, Utility Room, Storage Rooms
    Primary bedroom
    • Features: Dual Sinks, En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 270 Square Feet
    • Dimensions: 15x18
    Bedroom 2
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Bedroom 4
    • Features: Ceiling Fan(s), No Closet
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Primary bathroom
    • Features: Tub with Separate Shower Stall
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Bathroom 2
    • Features: Dual Sinks, En Suite Bathroom, Makeup/Vanity Space, Shower No Tub
    • Level: First
    • Area: 28 Square Feet
    • Dimensions: 4x7
    Bathroom 3
    • Features: Tub With Shower
    • Level: First
    • Area: 28 Square Feet
    • Dimensions: 4x7
    Bathroom 4
    • Features: Shower No Tub
    • Level: First
    • Area: 28 Square Feet
    • Dimensions: 4x7
    Great room
    • Level: First
    • Area: 416 Square Feet
    • Dimensions: 16x26
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Stone Counters
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Laundry
    • Features: Built-In Shelving, Single Vanity
    • Level: First
    • Area: 48 Square Feet
    • Dimensions: 6x8
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Marble, Hardwood
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Decorative, Gas, Other Room
    Interior area
    • Total structure area: 4,318
    • Total interior livable area: 3,659 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Common, Covered, Guest, On Street, Under Building
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Side Porch
    • Exterior features: Balcony, Lighting, Sidewalk, Storage
    • Has view: Yes
    • View description: Water, Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial,Intracoastal Waterway
    • Body of water: SARASOTA BAY
    Details
    • Parcel number: 2010015041
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Stone, Stucco
    • Foundation: Slab
    • Roof: Concrete,Tile
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
    • Security: Security System
    • Pet fee: $0 monthly
    • Subdivision: THE TOWER RESIDENCES
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Pool, Recreation Facilities, Spa/Hot Tub, Storage
    • Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $5,054 monthly
    • HOA name: Tower Residences / Tsveta Bacheva
    • HOA phone: 941-309-2123
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $779/sqft
    • Tax assessed value: $2,769,700
    • Annual tax amount: $34,229
    • Date on market: 12/31/2025
    • Cumulative days on market: 104 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/1/2026Sold$2,850,000-1.7%$779/sqft
    Source: Stellar MLS #A4676375 Report a problem
    4/14/2026Pending sale$2,900,000$793/sqft
    Source: Stellar MLS #A4676375 Report a problem
    3/5/2026Listing removed$12,500$3/sqft
    Source: Stellar MLS #A4681622 Report a problem
    2/26/2026Price change$2,900,000-6.5%$793/sqft
    Source: Stellar MLS #A4676375 Report a problem
    2/6/2026Listed for rent$12,500$3/sqft
    Source: Stellar MLS #A4681622 Report a problem
    2/2/2026Price change$3,100,000-17.3%$847/sqft
    Source: Stellar MLS #A4676375 Report a problem
    12/31/2025Listed for sale$3,750,000+19.1%$1,025/sqft
    Source: Stellar MLS #A4676375 Report a problem
    9/25/2024Listing removed$3,149,000+2.4%$861/sqft
    Source: Stellar MLS #A4503184 Report a problem
    9/25/2023Listing removed--
    Source: Stellar MLS #A4503184 Report a problem
    9/27/2021Sold$3,074,000-2.4%$840/sqft
    Source: Public Record Report a problem
    7/25/2021Pending sale$3,149,000$861/sqft
    Source: Stellar MLS #A4503184 Report a problem
    6/23/2021Listed for sale$3,149,000+43.1%$861/sqft
    Source: Stellar MLS #A4503184 Report a problem
    6/17/2003Sold$2,200,000$601/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,229 +4.9%$2,289,333 +2.9%
    2024$32,619 +2.6%$2,224,813 +3%
    2023$31,789 +2.2%$2,160,013 +3%
    2022$31,111 +31.3%$2,097,100 +36.6%
    2021$23,697 -1.2%$1,535,651 +1.4%
    2020$23,982 +2.6%$1,514,449 +2.3%
    2019$23,379 $1,480,400 -3.8%
    2018$23,379 -4.2%$1,539,609 +2.1%
    2017$24,393 -0.5%$1,507,942 -31.4%
    2016$24,515 $2,196,700 +13%
    2015$24,515 +0.1%$1,944,700 +35.7%
    2014$24,499 +0.2%$1,433,517
    2013$24,460 +3.9%$1,433,517 +1.7%
    2012$23,548 +4.9%$1,409,555 +3%
    2011$22,458 -16.2%$1,368,500 -14.6%
    2010$26,808 -12.4%$1,603,200 -8.6%
    2009$30,603 $1,754,200 -10.2%
    2008$30,603 -4.5%$1,954,300 -3%
    2007$32,040 $2,014,700 -2.9%
    2006-- $2,075,014 +3%
    2005-- $2,014,577 +3%
    2004$34,728 $1,955,900
    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
    $2,831,700
    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
    $2,831,700