Active
$3,850,000
Est. $30,829/mo

1111 Ritz Carlton Dr #1603, Sarasota, FL, 34236

$900/sqft·The Residences

3 bd4 ba4,276 sqft2 car garageCondo - Hotel
Listed by PREFERRED SHORE LLC· Last updated · MLS# A4684538

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$30,829/mo
Down payment (20%)
$770,000
Property taxes
$2,803/mo
HOA
$18,066.73/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

High-rise condo
18 stories · 2001
Water views
Water
Community pool
Fitness center too
2 car garage
Valet available
Private balcony
Outdoor space

About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main Floor

1111 Ritz Carlton Dr #1603 is a 2001-built home in The Residences, Sarasota. Inside you'll find 3 bedrooms, 4 bathrooms, and 4,276 square feet of living space. Listed at $3,850,000 (about $900/sqft), 170 days on market. Flood zone VE - confirm flood insurance requirements with your lender. HOA runs $18,066.73 quarterly.

From the listing

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.

The essentials

Built
2001
Price / sqft
$900
On market
191 days
Annual tax
$33,631
HOA
$18,066.73/qtr
Flood zone
VE
Type
Condo - Hotel

Location

1111 Ritz Carlton Dr #1603
Sarasota, FL, 34236·34236 - Sarasota
Type
Condo - Hotel
Year Built
2001
Lot
-
Cooling
Central Air
Heating
Central
Parking
Assigned, Covered, Ground Level, Guest, Off Street, Open, Basement, Valet
Days on Market
191
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
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Fitness Center
Pool
Restaurant
Sidewalks
Special Community Restrictions
Tennis Court(s)
Dishwasher
Microwave
Range
Refrigerator
Tankless Water Heater
Water Filtration System
Wine Refrigerator

Elementary

Alta Vista Elementary

Middle

Booker Middle

High

Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone VE

Annual Tax (2025)

$33,631

Parcel #

2010014041

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

The Residences

County

Sarasota

MLS Area

34236 - Sarasota

City LimitsIn CountyNear Golf CourseNear MarinaNear Public TransitPaved
HOA
$18,066.73/qtr
Ivana Podolska, Residences Manager
Date
Event
Price
8/21/2026
Price change
Source: Stellar MLS #A4684538
$3,850,000-3.6%
$900/sqft
Price change
Source: Stellar MLS #A4684538
$3,995,000-7.0%
$934/sqft
3/4/2026
Listed for sale
Source: Stellar MLS #A4684538
$4,295,000
$1,004/sqft
Est. monthly payment$30,829/mo
Principal & interest$20,079
Property taxes$2,803
Insurance$1,925
HOA$6,022
Down payment20% · $770,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $3,850,000
$3.66M – $3.85M
95.1% – 100% of listTops out right at the list price
80% of listList price
58 of the last 115 condo closings in 34236 landed at this number or higher (50%). The median one sat 77 days before it went under contract, and this one is on day 191 after a $445,000 cut.

Sample: 115 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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