NOT LISTED FOR SALE

The Ritz-Carlton Residences 1111 Ritz Carlton Dr Unit 1001 GRANDE Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $2,048,945 - $2,638,000

2 Beds
2.5 Baths
2,401 Sq Ft
$2,018/mo HOA Fee

Last Sold August 31, 2021

Last sale price $2,050,000 $854 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $17,453/month

371 Days on Market

Highlights

  • Valet Parking
  • Intracoastal View
  • Home Theater
  • Booker High School Rated A-
  • Property is near a marina
  • Open Floorplan

About This Home

As of August 2021

Previously combined Residences 1001/1003 in process of becoming two separate Residences, 1001 & 1003. Residences 1001 will be readily available with a minor wall replacement. Questions please contact either Listing Agent. Step into this stylish and expansive Ritz-Carlton Residence that offers captivating views at every turn overlooking Sarasota Bay. With 2401 square feet of exquisite living space, this unique home includes one master suite, one guest suite, two full baths and one half bath. Enjoy Bay breezes and the glow of the sunset from two terraces. The Residence offers two designated parking spaces and one climate controlled storage locker. As an owner of a Ritz-Carlton Residence, you will enjoy unrivaled service delivered by the dedicated staff of Ritz-Carlton ladies and gentlemen. The owners are pampered with world class services and amenities, including in-residence gourmet dining, private Residential Concierge, Manager of Residences, private social room and an alluring outdoor Bayfront pool. Sarasota, a true cultural paradise, offers Ballet, Opera, Symphony, Performing Arts, Theatre and more. Enjoy a multitude of art galleries, fine dining, world-class shopping, and boating within walking distance. In addition, Sarasota features world- renowned pristine beaches. If you like staying here…you will love living here! Luxury Knows No Limits.

Last Agent to Sell the Property

Beth Afflebach

MICHAEL SAUNDERS & COMPANY License #0655135 Listed on: 06/30/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joan Dickinson

MICHAEL SAUNDERS & COMPANY License #0452590

Last Buyer's Agent

Richard Lewis, JR

LAKESIDE REALTY WINDERMERE INC License #3481176

LAKESIDE REALTY WINDERMERE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,733

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $2,018 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Property Views

Home Design

  • Florida Architecture
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,401 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Storage Room
  • Inside Utility
  • Security Lights

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Porcelain Tile
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Property is near a marina
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • City Lot

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, water
  • The Residences Condominium Association Ivana Association, Phone Number (941) 309-2268
  • High-Rise Condominium
  • The Ritz Carlton Res Condos
  • The Residences Community
  • The Residences Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • 17-Story Property

Amenities

  • Valet Parking
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,733

Year Built

Built in 2001

Lot Details

0

HOA Fees

$2,018 per month

Parking

4

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2401
  • New Construction: No
  • Year Built: 2001
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Central Living Area
  • Building Area Total: 2730
  • Directions to Property: From SRQ Airport - take US 41 south to left on Ritz-Carlton Drive to The Ritz-Carlton Hotel at 1111 Ritz-Carlton Drive. The Ritz-Carlton Residences 1001/1003 are located on the 10th floor of The Ritz-Carlton Hotel.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471072?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471072?w=Customer
  • Floor Number: 10
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97619
  • Price per Sq Ft: 853.81
  • Close to Original List Price Ratio: 0.51899
  • Ratio: Current Price\Building Area Total: 750.92
  • View: Yes
  • Co List Office Mls Id: 281517605
  • Co List Office Phone: 941-364-8884
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Porcelain Tile, Travertine, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Crown Molding, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 17
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Street Number Modifier: 1111
  • Room Count: 12
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility, Media Room, Storage Rooms

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete, Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Sarasota Bay, Partial Gulf
  • Waterfront: No
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: Beautiful desirable northwest location with big west and north water views
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Off Street, On Street, Under Building, Valet
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Elevator(s), Maintenance, Pool, Recreation Facilities, Security, Storage, Vehicle Restrictions
  • Association Name: The Residences Condominium Association - Ivana
  • Phone: 941-309-2268
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 6053
  • Condo Fees Term: Quarterly
  • Association Email: ivana.podolska@ritzcarlton.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 2018
  • Complex Community Name NCCB: THE RITZ-CARLTON RES
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 24212
  • Total Monthly Fees: 2017.67

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010014001
  • Additional Parcels: No
  • Lot Features: City Lot, Near Marina, Sidewalk
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: $150 processing fee to accompany Buyer's Application for Approval to Purchase includes personal and financial references and a buyer background check.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 29733
  • Tax Book Number: 35-20
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 31, 2021
Sold by
Kamens Matthew H and Mauri Dena Herrin
Bought by
Federico Sheree
Seller's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Richard Lewis, JR
LAKESIDE REALTY WINDERMERE INC
List Price
$3,950,000
Sold Price
$2,050,000
Premium/Discount to List
-$1,900,000
-48.1%
Current Estimated Value
$2,402,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,759
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 30, 2021
Sold by
Kamens Matthew H and Mauri Dena Herrin
Bought by
Mayne Family Properties Llc
Seller's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Richard Lewis, JR
LAKESIDE REALTY WINDERMERE INC
List Price
$3,950,000
Sold Price
$2,050,000
Premium/Discount to List
-$1,900,000
-48.1%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Federico Sheree $1,675,000 Attorney
Federico Sheree $1,675,000 Attorney
Federico Sheree $1,675,000 Attorney
Mayne Family Properties Llc -- Integrity Title Services Inc
Mayne Family Properties Llc -- Integrity Title Services Inc
Mayne Family Properties Llc $2,050,000 Integrity Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayne Family Properties Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $2,050,000 -2.4% $854 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $2,100,000 -39.9% $875 / Sq Ft
05/14/2021 05/14/21 Price Changed $3,495,000 -5.5% $1,456 / Sq Ft
03/23/2021 03/23/21 Price Changed $3,700,000 -6.3% $1,541 / Sq Ft
06/30/2020 06/30/20 For Sale $3,950,000 -- $1,645 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,114 $1,809,800 -- $1,809,800
2023 $28,114 $1,886,300 $0 $1,886,300
2022 $25,709 $1,705,500 $0 $1,705,500
2021 $15,106 $1,893,248 $0 $0
2020 $29,733 $1,867,108 $0 $0
2019 $28,990 $1,825,130 $0 $0
2018 $28,534 $1,791,099 $0 $0
2017 $28,217 $1,754,260 $0 $0
2016 $28,217 $2,258,600 $0 $2,258,600
2015 $28,646 $2,003,000 $0 $2,003,000
2014 $28,628 $1,667,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Afflebach

    Seller's Agent in 2021

    Beth Afflebach

    Michael Saunders

    (941) 737-1756

    31 in this area

    34 Total Sales

    Section Image
  • Joan Dickinson

    Seller Co-Listing Agent in 2021

    Joan Dickinson

    Michael Saunders

    (941) 914-0496

    34 in this area

    37 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Richard Lewis, JR

    LAKESIDE REALTY WINDERMERE INC

    (941) 954-9000

    1 in this area

    4 Total Sales

    Section Image
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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4471072

Stellar MLS

APN: 2010-01-4001

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1111 Ritz Carlton Dr Unit 1001 GRANDE, Sarasota, FL

This home is located at 1111 Ritz Carlton Dr Unit 1001 GRANDE, Sarasota, FL 34236 since 30 June 2020 and is currently estimated at $2,323,486, approximately $967 per square foot. This property was built in 2001. 1111 Ritz Carlton Dr Unit 1001 GRANDE is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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