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$3,850,000
$900/sqft10% reduced
HOA: $18,067/quTaxes: $33,631/yr170d on market

The Residences

1111 RITZ CARLTON DR #1603, SARASOTA, FL, 34236

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3 Beds|4 Baths|4,276 Sq Ft|Built 2001|2 Car Garage

Key Features

Water ViewSingle Story
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Golf Course
Feature
Near Golf Course
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 10% ($445,000 off original)
  • 170+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Exceptional value, a rare expression of penthouse living at The Ritz-Carlton Residences, Sarasota, Residence 1603 is an impeccably reimagined home distinguished by extraordinary Sarasota Bay views, exceptional finishes, and the coveted western exposure that brings the drama of sunset into the residence each evening. High above the bay, walls of glass create an effortless connection to the water and sky, with expansive views from nearly every room. Twenty-four-inch Portuguese tile extends throughout the residence, providing a polished architectural foundation for interiors that are as elegant as they are inviting. As afternoon gives way to evening, the western horizon becomes the centerpiece, with Sarasota Bay and its celebrated sunsets unfolding in ever-changing light. The custom-designed kitchen pairs bespoke cabinetry with a substantial center island and premium appliances, while three beautifully appointed en-suite bedrooms provide exceptional privacy for owners and guests. A private theater and integrated Sonos sound system elevate the experience of entertaining at home, whether hosting an intimate gathering or enjoying an evening in complete privacy. The residence is offered with a coveted Ritz-Carlton Gold Membership, extending the experience beyond the home with access to the exclusive Beach Club and Golf Club. At the residence, the legendary Ritz-Carlton standard of service is at your fingertips, including 24-hour valet and concierge, in-residence dining, exceptional on-site restaurants, and a state-of-the-art fitness center. Nearby marina access further complements Sarasota's exceptional waterfront lifestyle. Two premium parking spaces are included. The residence is offered turnkey, presenting an extraordinary opportunity to acquire a fully finished and thoughtfully curated penthouse, with every detail considered. Residence 1603 is more than a remarkable home—it is an invitation to experience Sarasota at its most elevated, where panoramic bay views, extraordinary sunsets, elevated design, and the unmistakable service of The Ritz-Carlton come together in one exceptional address.

Subdivision
THE RESIDENCES
County
Sarasota
Zip Code
34236

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Condo - Hotel
Living Area
4,276 sqft
Construction
Stucco
Roof
Concrete
Flooring
Carpet, Ceramic Tile, Marble
Pool
No
HOA
$18,067 / Quarterly
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Living Room/dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-in Closet(s)
  • Window Treatments
  • Balcony
  • Lighting
  • Sliding Doors
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Tankless Water Heater
  • Water Filtration System
  • Wine Refrigerator
  • Laundry Room
  • Other
  • Porch
  • City Limits
  • In County
  • Near Golf Course
  • Near Marina
  • Near Public Transit
  • Paved
  • Bb/hs Internet Available
  • Cable Available
  • Cable Connected
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected
  • Association Recreation - Owned
  • Buyer Approval Required
  • Clubhouse
  • Community Mailbox
  • Deed Restrictions
  • Fitness Center
  • Pool
  • Restaurant
  • Sidewalks
  • Special Community Restrictions
  • Tennis Court(s)
  • Bay/harbor Front
  • Waterfront
  • Clubhouse
  • Elevators
  • Fitness Center
  • Maintenance
  • Pool
  • Recreation Facilities
  • Security
  • Storage
  • Vehicle Restrictions
  • Guard - 24 Hour
  • Common Area Taxes
  • Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Insurance
  • Internet
  • Maintenance Structure
  • Maintenance Grounds
  • Management
  • Pest Control
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water
  • Storage
Bedrooms
3
Bathrooms
4
Year Built
2001
Construction
Stucco
Flooring
Carpet, Ceramic Tile, Marble
Roof
Concrete
Garage Spaces
2
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Breed Restrictions, Number Limit, Size Limit, Yes
Lot Size
Senior Community
No
Building Elevator
Yes
Pet Size
Medium (36-60 Lbs.)
# of Pets
2
Max Pet Weight
45 lbs
Tax Year
2025
Annual Tax Amount
$33,631

Association Fees

  • HOA Fee

    Ivana Podolska, Residences Manager

    $18,067/ Quarterly

Down Payment20% — $770,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$19,468
HOA Fee
$6,022
Est. Property Tax
$2,803
Est. Insurance
$1,283
Total Est. Monthly Cost$29,576

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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