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Sold for $2,550,000
    • $2,550,000

    35 WATERGATE DRIVE #1206, SARASOTA, FL 34236

    3beds
    2,799sqft
    Condominium
    Built in 2003
    -- sqft lot
    $2,589,500 Zestimate®
    $911/sqft
    $7,806 Estimated rent

    Home value

    $2,589,500

    $2.36M - $2.87M

    $7,806/mo

    Zestimate® history
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    What's special

    Located at one of Sarasota’s most prestigious addresses, nothing compares to 35 Watergate Drive where the pinnacle of luxury reigns supreme and legendary service always delivers. The iconic Ritz-Carlton brand is recognized around the world for its promise of elevated guest experiences all day, every day. Perched high above the vibrant cityscape and incredible bayfront, the Tower Residence at 1206 encompasses a thoughtful floor plan just shy of 2,800 sq. ft. with three bedrooms and three full baths. This stunning open format provides sophisticated elements of a prominent home designed for living a life of pure indulgence, refined comfort and extravagant surroundings. Your private elevator ushers you into perfection and reveals timeless interiors expertly designed with lavish nuances and elaborate details. A double-door foyer invites you into a gracious corner residence bathed in natural light while boasting exquisite finishes and fine furnishings. Two expansive terraces invite peaceful relaxation and enjoyment of the panoramas across the horizon. Beautiful modern artwork alive with colorful artistry beckons further exploration into this lavish space. An incredible great room is highlighted by two walls of windows, a built-in entertainment center and fully equipped wet bar. The formal dining area easily accommodates seating for 8 and offers windows on three sides for endless views and entertaining in style. The evening sky reflecting off the water and the boats entering the harbor are the ending to a perfect day in paradise. The chef-inspired kitchen hosts a wealth of features including premium appliances, exquisite granite counters, solid wood cabinetry, and breakfast bar. A double-door vestibule affords access to the primary wing with separate wardrobe rooms and a bejeweled bath with spa tub, nicely sized step-in shower, water closet with bidet, and separate vanities for efficient and roomy preparation to begin another glorious day. Featuring its own terrace overlooking the gorgeous bay and beyond, the guest ensuite is tastefully furnished and creates a luscious backdrop for relaxing, unwinding and enjoying life’s most remarkable moments. The third bedroom, equipped with custom built-ins, serves perfectly as an office or an additional bedroom when needed. A private 2-car garage is located underground for safety and security. Recent updates include new A/C, washer/dryer, and wood flooring in the bedrooms. Experience the signature Ritz-Carlton lifestyle with dedicated amenities including a residents’ concierge, 24-hour staff, food and beverage services, 24-hour in-residence dining, 24-hour valet, housekeeping services, and on-site property management. On the third floor, residents can take advantage of two social rooms, a movie theater, a fitness center with a sauna and massage room, a heated outdoor lap pool/spa, fire table, and BBQ grills. This cultural epicenter location offers close proximity to world-class theater, opera, ballet, symphony, art galleries, and renowned dining and shopping venues. An unforgettable experience awaits!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Greco 941-504-6927,

    GRECO REAL ESTATE 941-685-0449

    Bought with:

    JohnPaul Fortin

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4611293MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Great Room, Utility Room
    Primary bedroom
    • Features: Bath w Spa/Hydro Massage Tub, Dual Sinks, Tub with Separate Shower Stall, Dual Closets
    • Level: First
    • Dimensions: 14x18
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x15
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 12x12
    Dining room
    • Level: First
    • Dimensions: 12x16
    Great room
    • Level: First
    • Dimensions: 20x18
    Kitchen
    • Features: Breakfast Bar, Pantry, Storage Closet
    • Level: First
    • Dimensions: 6x9
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
    • Flooring: Brick/Stone, Engineered Hardwood, Marble
    • Doors: Outdoor Grill, Outdoor Kitchen
    • Windows: Blinds, Double Pane Windows, Storm Window(s), Rods, Shades, Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 3,292
    • Total interior livable area: 2,799 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Covered, Garage Door Opener, Guest, On Street, Underground
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Common Area, Accessible Elevator Installed, Accessible Entrance
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Patio
    • Exterior features: Lighting, Outdoor Grill, Outdoor Kitchen, Storage
    • Pool features: Gunite, Heated, In Ground, Salt Water
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial, Intracoastal Waterway, Marina
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Intracoastal Waterway,Marina
    • Body of water: SARASOTA BAY
    Lot
    • Features: City Lot
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Storage
    • Parcel number: 2010015054
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida
    • Property subtype: Condominium
    Materials
    • Block, Other, Stucco
    • Foundation: Slab
    • Roof: Other
    Condition
    • Completed
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public, Street Lights
    Green energy
    • Indoor air quality: Ventilation

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool
    • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Gate, Security System
    • Pet fee: $0 monthly
    • Subdivision: THE TOWER RESIDENCES
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Security, Spa/Hot Tub, Storage
    • Services included: 24-Hour Guard, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $4,663 monthly
    • HOA name: The Ritz-Carlton Management
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $911/sqft
    • Tax assessed value: $2,131,500
    • Annual tax amount: $30,341
    • Date on market: 8/22/2024
    • Cumulative days on market: 22 days
    • Listing terms: Cash
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Asphalt

    Price history

    DateEventPrice
    10/15/2024Sold$2,550,000-5.4%$911/sqft
    Source: Stellar MLS #A4611293 Report a problem
    9/13/2024Pending sale$2,695,000$963/sqft
    Source: Stellar MLS #A4611293 Report a problem
    8/22/2024Listed for sale$2,695,000+47.3%$963/sqft
    Source: Stellar MLS #A4611293 Report a problem
    3/19/2018Sold$1,830,000-4.2%$654/sqft
    Source: Stellar MLS #A4184987 Report a problem
    2/23/2018Pending sale$1,910,000$682/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/19/2017Listed for sale$1,910,000$682/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/19/2017Pending sale$1,910,000$682/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/1/2017Price change$1,910,000+1.1%$682/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/9/2016Price change$1,890,000-4.8%$675/sqft
    Source: Premier Sotheby's International Realty #A4139840 Report a problem
    12/18/2015Listed for sale$1,985,000+25.2%$709/sqft
    Source: PREMIER SOTHEBY'S INTL. REALTY #A4139840 Report a problem
    12/22/2014Sold$1,585,000-3.3%$566/sqft
    Source: Public Record Report a problem
    10/24/2014Price change$1,639,000-2.1%$586/sqft
    Source: Premier Sotheby's International Realty #A4105908 Report a problem
    10/5/2014Listed for sale$1,675,000+0.4%$598/sqft
    Source: PREMIER SOTHEBY'S INTL. REALTY (281521124) #A4105908 Report a problem
    7/31/2014Listing removed$1,669,000$596/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    6/27/2014Price change$1,669,000-1.7%$596/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    6/26/2014Price change$1,697,500+1.7%$606/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    6/19/2014Price change$1,669,000-1.2%$596/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    6/18/2014Price change$1,689,000-0.5%$603/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    5/11/2014Price change$1,697,500-1%$606/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    4/3/2014Price change$1,715,000-1.7%$613/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    2/8/2014Price change$1,745,000-2.8%$623/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    10/16/2013Price change$1,795,000-1.6%$641/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    5/15/2013Price change$1,825,000+1.7%$652/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    5/12/2013Price change$1,795,000-4.3%$641/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    2/13/2013Price change$1,875,000-1.1%$670/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    12/9/2012Listed for sale$1,895,000+21.5%$677/sqft
    Source: Premier Sotheby's International Realty #A3969930 Report a problem
    4/2/2004Sold$1,560,000$557/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,370 +6.8%$2,131,500 +6.4%
    2024$30,295 -0.2%$2,003,155 +10%
    2023$30,341 +11.6%$1,821,050 +10%
    2022$27,176 +14.5%$1,655,500 +10%
    2021$23,726 -3.2%$1,505,000 +8%
    2020$24,513 +19.5%$1,393,480 +10%
    2019$20,507 $1,266,800 -12.3%
    2018$20,507 -12.4%$1,444,900 -1.7%
    2017$23,408 +12.5%$1,470,634 +7.1%
    2016$20,812 $1,373,000 +13%
    2015$20,812 +7%$1,215,400 +18.7%
    2014$19,452 +8.3%$1,023,700
    2013$17,966 +17.2%$1,023,700 +10.4%
    2012$15,325 -5.8%$927,000 -7.4%
    2011$16,276 -16.3%$1,001,200 -14.6%
    2010$19,457 -10.3%$1,173,000 -16%
    2009$21,696 $1,396,395 +0.1%
    2008$21,696 -1.4%$1,395,000 +0.5%
    2007$21,995 $1,388,311 +2.5%
    2006-- $1,354,450 +3%
    2005-- $1,315,000 -1.8%
    2004$24,127 $1,339,500
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby homes

    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
    $2,589,500
    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
    $2,589,500

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