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For sale
  • $2,499,000

    35 WATERGATE DRIVE #1506, SARASOTA, FL 34236

    3beds
    2,799sqft
    : 
    $19,695/mo
    Get pre-qualified
    Condominium
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $893/sqft
    $4,619/mo HOA

    What's special

    Resort-style pool and spa
    Perfectly placed on the 15th floor of the Ritz-Carlton managed Tower Residences, this corner residence captures sweeping panoramas of Sarasota Bay, the Bayfront yacht basin, the downtown skyline, and vibrant city lights stretching toward the horizon. Spanning nearly 2,800 square feet, the open floor plan is designed to frame water and city views from nearly every room while offering comfortable spaces for both everyday living and entertaining. Travertine flooring flows throughout the main living areas, creating a cohesive foundation for the light-filled interior. The great room is surrounded by walls of floor-to-ceiling windows and glass sliders that open to the residence’s largest terrace, creating a seamless indoor-outdoor connection and an ideal setting for taking in Sarasota’s skyline and waterfront activity. Just beyond, the dining area is positioned to capture sweeping views while remaining conveniently connected to the kitchen. The chef’s kitchen blends functionality with timeless design, featuring natural wood cabinetry, granite countertops, stainless steel appliances, and a breakfast bar that opens to the living areas. This thoughtful layout encourages effortless entertaining while maintaining clear sightlines to the water and city skyline. All bedrooms feature bamboo hardwood flooring, offering warmth and contrast to the stone flooring in the main living spaces. The primary suite is privately positioned and serves as a relaxing retreat, complete with direct terrace access, dual walk-in closets, and a spacious marble en-suite bath with split vanities, soaking tub, and separate shower. The guest suite includes its own walk-in closet and a private terrace, while the third bedroom—currently arranged as a den or office—provides flexibility for guests or remote work. The residence includes two secure under-building parking spaces and an air-conditioned owner’s storage unit located on the third floor. Life at The Tower Residences offers the full benefit of Ritz-Carlton services and amenities. Residents enjoy concierge assistance, valet parking, and 24-hour room service from the adjacent Ritz-Carlton Hotel. Community features include a resort-style pool and spa (currently being updated), outdoor grilling and dining areas, an expansive social room with catering kitchen and fireplace, a theater, billiards and recreation room, elegant library and boardroom, and a fully equipped fitness center with locker rooms, sauna, steam room, and massage facilities. Located in the heart of downtown Sarasota, this residence places the city’s waterfront lifestyle just outside your door. Marina facilities are less than half a mile away, while nearby Bayfront Park, the Sarasota Opera House, Van Wezel Performing Arts Hall, and numerous galleries and theaters anchor the city’s vibrant cultural scene. St. Armands Circle’s boutiques and restaurants are less than two miles away, and the white sands of Lido Key and Longboat Key’s Gulf beaches are only minutes from the property—bringing the very best of Sarasota living within effortless reach.
    150 days
    |
    112
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411,

    Thomas Arbuckle 941-356-0638,

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4685943MLS 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: Ceiling Fan(s), En Suite Bathroom, Dual Closets
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 14x18
      Bedroom 2
      • Features: Dual Sinks, En Suite Bathroom, Stone Counters, Tub With Shower, Walk-In Closet(s)
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Primary bathroom
      • Features: Built-In Shelving, Dual Sinks, En Suite Bathroom, Split Vanities, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Linen Closet
      • Level: First
      Dining room
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 12x16
      Foyer
      • Level: First
      Great room
      • Level: First
      • Area: 378 Square Feet
      • Dimensions: 21x18
      Kitchen
      • Features: Breakfast Bar, Built-In Shelving, Pantry, Granite Counters
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Travertine, Hardwood
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      • Common walls with other units/homes: Corner Unit,End Unit
      Interior area
      • Total structure area: 3,292
      • Total interior livable area: 2,799 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Ground Level, Guest, Portico, Under Building, Valet
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Rear Porch, Side Porch
      • Exterior features: Balcony, Lighting
      • Pool features: Above Ground, Deck, Gunite, Heated, Lighting
      • Has spa: Yes
      • Spa features: Above Ground, Heated
      • Has view: Yes
      • View description: City, Water, Bay/Harbor - Full, Intracoastal Waterway, Marina
      • Has water view: Yes
      • Water view: Water,Bay/Harbor - Full,Intracoastal Waterway,Marina
      Lot
      • Size: 1.95 Acres
      • Features: City Lot, Near Marina, Sidewalk
      Details
      • Parcel number: 2010015066
      • Zoning: DTB
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Custom,Elevated
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Raised
      • Roof: Concrete
      Condition
      • New construction: No
      • Year built: 2003
      Details
      • Builder model: RESIDENCE 06

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Special Community Restrictions
      • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: THE TOWER RESIDENCES
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Vehicle Restrictions
      • Services included: 24-Hour Guard, Community Pool, Reserve Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $4,619 monthly
      • HOA name: Tsveta Bacheva - Resident Liason
      • HOA phone: 941-309-2130
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $893/sqft
      • Tax assessed value: $2,201,100
      • Annual tax amount: $26,067
      • Date on market: 3/12/2026
      • Cumulative days on market: 95 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/12/2026Listed for sale$2,499,000+13.6%$893/sqft
        Source: Stellar MLS #A4685943 Report a problem
        1/2/2020Listing removed$2,200,000$786/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        12/27/2019Price change$2,200,000+4.8%$786/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        2/18/2019Listed for sale$2,100,000$750/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        1/15/2019Pending sale$2,100,000$750/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        1/14/2019Listed for sale$2,100,000$750/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        11/29/2018Pending sale$2,100,000$750/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        11/1/2018Listed for sale$2,100,000+10.5%$750/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417817 Report a problem
        1/25/2016Listing removed$1,900,000$679/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        2/20/2014Listed for sale$1,900,000+46.2%$679/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        8/10/2012Sold$1,300,000+2%$464/sqft
        Source: Stellar MLS #A3973883 Report a problem
        3/2/2012Listed for sale$1,275,000+34.2%$456/sqft
        Source: SARASOTA BAY REAL ESTATE P.A. #A3956709 Report a problem
        1/24/2012Sold$950,000-16.7%$339/sqft
        Source: Public Record Report a problem
        12/18/2011Price change$1,139,900-4.9%$407/sqft
        Source: Sunny Shores Realty LLC #M5824828 Report a problem
        11/18/2011Price change$1,199,000-5.6%$428/sqft
        Source: Sunny Shores Realty LLC #M5824828 Report a problem
        10/21/2011Listed for sale$1,270,000+109.8%$454/sqft
        Source: foreclosure.com Report a problem
        9/26/2011Sold$605,201-68.1%$216/sqft
        Source: Public Record Report a problem
        12/3/2007Sold$1,900,000+1.3%$679/sqft
        Source: Public Record Report a problem
        1/17/2005Sold$1,875,000$670/sqft
        Source: Stellar MLS #A252657 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$26,067 +4.9%$1,748,129 +2.9%
        2024$24,840 +2.6%$1,698,862 +3%
        2023$24,205 +2.4%$1,649,381 +3%
        2022$23,635 -1.1%$1,601,341 +3%
        2021$23,889 -12.4%$1,554,700 -10%
        2020$27,259 +28.8%$1,726,500 +31.9%
        2019$21,171 $1,308,600 -13%
        2018$21,171 -10.7%$1,503,300 +0.7%
        2017$23,717 +28.3%$1,492,192 +2.1%
        2016$18,485 $1,461,500 +13%
        2015$18,485 $1,293,800 +18.7%
        2014$18,485 +0.2%$1,089,700
        2013$18,439 +8.7%$1,089,700 +10.4%
        2012$16,971 -8.7%$987,000 -10.5%
        2011$18,597 -15.8%$1,103,400 -14.6%
        2010$22,100 -9.8%$1,292,600 -22.8%
        2009$24,496 $1,674,000 +9.1%
        2008$24,496 -3.5%$1,535,000 -4.2%
        2007$25,381 $1,602,600 -7.5%
        2006-- $1,732,500 +17.3%
        2005-- $1,477,500 -0.8%
        2004$26,779 $1,489,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        74 / 100
        Very Walkable
        42 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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