NOT LISTED FOR SALE

The Ritz-Carlton Residences 1111 Ritz Carlton Dr Unit 1108 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,345,000 - $1,603,000

1 Bed
1.5 Baths
1,719 Sq Ft
$1,313/mo HOA Fee

Last Sold July 16, 2021

Last sale price $1,060,000 $617 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,490/month

84 Days on Market

Highlights

  • Access to Bay or Harbor
  • Full Bay or Harbor Views
  • Community Pool
  • Booker High School Rated A-
  • 0.56 Acre Lot
  • Elevator

About This Home

As of July 2021

Your new home or winter retreat awaits you! Lovely views of Sarasota bay and the downtown city skyline. The features of this 11th floor 1 bedroom, 1.5 bath include a large foyer entrance, marble floors throughout, beautiful kitchen with upscale appliances, glass fronted cabinets, and large living room with balcony overlooking the bay. The master suite is extremely spacious with a gorgeous bath with garden tub with and walk-in shower and a balcony that overlooks the city. The many features of The Ritz-Carlton include; full-time concierge, private owner's elevator, guard, 24-hour in-residence dining, valet service, resort like pool area, and so much more.

Last Agent to Sell the Property

Robert Dinan

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3278929 Listed on: 02/23/2021

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Last Buyer's Agent

Rachelle Golden

MICHAEL SAUNDERS & COMPANY License #3151050

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,662

Year Built

  • Built in 2001

Lot Details

  • South Facing Home

HOA Fees

  • $1,313 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Sliding Doors
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Outdoor Features

  • Access to Bay or Harbor
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, pool maintenance
  • Ivana Podolska, Residences Manager Association, Phone Number (941) 309-2268
  • Beach Residences Community
  • The Residences Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,662

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,313 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Other, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1719
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 2001
  • Lot Size Sq Ft: 24183
  • Directions to Property: US 41 to Gulfstream, turn right onto Sunset Drive to The Ritz-Carlton Hotel.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492365?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492365?w=Customer
  • Floor Number: 11
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91379
  • Price per Sq Ft: 616.64
  • Close to Original List Price Ratio: 0.96451
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1111
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1312.5
  • Association Fee Frequency: Monthly
  • Association Name: Ivana Podolska, Residences Manager
  • Phone: 941-309-2268
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 15750
  • Monthly HOA Fee: 1312.5
  • Total Monthly Fees: 1312.5

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010014016
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 4 Months
  • Approval Process: Home can only be rented 4 months of the year
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Home can only be rented 4 months of the year

Tax Info

  • Tax Annual Amount: 13661.6
  • Tax Book Number: 35-20
  • Tax Lot: 1005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jul 16, 2021
Sold by
Rovner Michael L and Rovner Janet L
Bought by
Katz Ronald and Aliloo Fariba
Seller's Agent
Robert Dinan
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
Buyer's Agent
Rachelle Golden
MICHAEL SAUNDERS & COMPANY
List Price
$1,099,000
Sold Price
$1,060,000
Premium/Discount to List
-$39,000
-3.55%
Current Estimated Value
$1,443,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,225
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Rovner Michael L and Rovner Janet L
Bought by
Rovner Michael L and Rovner Janet L

Purchase Details

Listed on
Jul 7, 2017
Closed on
Nov 30, 2017
Sold by
Rovner Michael and Rovner Janet
Bought by
Rovner Michael L and Rovner Janet L
Seller's Agent
Troy Funk
REALTY ONE GROUP SUNSHINE
Buyer's Agent
Ralph Hoehne
KINGSTON REALTY
List Price
$819,900
Sold Price
$810,000
Premium/Discount to List
-$9,900
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$567,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 7, 2017
Closed on
Nov 3, 2017
Sold by
U S Bank Na
Bought by
Rovner Michael and Rovner Janet
Seller's Agent
Troy Funk
REALTY ONE GROUP SUNSHINE
Buyer's Agent
Ralph Hoehne
KINGSTON REALTY
List Price
$819,900
Sold Price
$810,000
Premium/Discount to List
-$9,900
-1.21%

Purchase Details

Closed on
Apr 1, 2017
Bought by
Jp Morgan Mortgage Trust 2007-
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
Katz Ronald $1,060,000 Integrity Title Services Inc
Rovner Michael L -- None Available
Rovner Michael L -- Attorney
Rovner Michael $810,000 Shore To Shore Title Llc
Jp Morgan Mortgage Trust 2007- $400,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rovner Michael L $567,000
Previous Owner Vonwalhof Christiaan $920,000
Previous Owner Vonwalhof Christiaan $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $1,060,000 -8.6% $617 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $1,160,000 +14.2% $675 / Sq Ft
04/22/2021 04/22/21 Price Changed $1,016,000 -7.6% $591 / Sq Ft
02/23/2021 02/23/21 For Sale $1,099,000 +35.7% $639 / Sq Ft
08/17/2018 08/17/18 Off Market $810,000 -- --
11/14/2017 11/14/17 Sold $810,000 -1.2% $471 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $819,900 0.0% $477 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $819,900 -4.4% $477 / Sq Ft
07/07/2017 07/07/17 For Sale $858,000 -- $499 / 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 $15,757 $1,120,735 -- --
2023 $15,757 $1,088,092 $0 $0
2022 $15,383 $1,056,400 $0 $1,056,400
2021 $13,514 $855,400 $0 $855,400
2020 $13,662 $842,300 $0 $842,300
2019 $14,468 $900,700 $0 $900,700
2018 $13,152 $809,900 $0 $809,900
2017 $14,729 $900,000 $0 $900,000
2016 $14,825 $900,000 $0 $900,000
2015 $13,650 $798,100 $0 $798,100
2014 $13,167 $694,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Dinan

    Seller's Agent in 2021

    Robert Dinan

    BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

    (941) 993-7455

    1 in this area

    60 Total Sales

    Section Image
  • Rachelle Golden

    Buyer's Agent in 2021

    Rachelle Golden

    Michael Saunders

    (941) 538-8998

    21 in this area

    110 Total Sales

    Section Image
  • Troy Funk

    Seller's Agent in 2017

    Troy Funk

    REALTY ONE GROUP SUNSHINE

    (941) 241-3850

    1 in this area

    104 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Ralph Hoehne

    KINGSTON REALTY

    (941) 355-2000

    3 Total Sales

    Section Image
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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4492365

Stellar MLS

APN: 2010-01-4016

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1111 Ritz Carlton Dr Unit 1108, Sarasota, FL

This home is located at 1111 Ritz Carlton Dr Unit 1108, Sarasota, FL 34236 since 23 February 2021 and is currently estimated at $1,455,108, approximately $846 per square foot. This property was built in 2001. 1111 Ritz Carlton Dr Unit 1108 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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