NOT LISTED FOR SALE

The Ritz-Carlton Residences 1111 Ritz Carlton Dr Unit 1408 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,824,043 - $1,977,000

2 Beds
2 Baths
2,035 Sq Ft
$1,715/mo HOA Fee

Last Sold January 29, 2021

Last sale price $1,290,000 $634 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,607/month

210 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • 0.56 Acre Lot
  • Booker High School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of January 2021

Newly installed hardwood floors set the scene for this spacious condo with water and city views. Turnkey furnished for your convenience, and freshly painted. Kitchen and bathrooms just updated, new water heater, range, microwave and dishwasher in 2020 and brand new furniture in the living and dining areas. Access this highly desirable residence through a private lobby in the main hotel building, and immediately start to experience a luxurious lifestyle and world class Ritz-Carlton service including full-time concierge, in-house gourmet dining, owners’ private gathering room, and waterfront grand lounge and pool. Tennis, fitness room and spa also onsite. Located in Sarasota’s vibrant downtown area with many opportunities to experience art and cultural activities that have earned the city a reputation as Florida’s cultural center. Stroll through public art and sculpture displays to Bayfront Park. Watch the dolphins play before exploring the farmers’ market. Enjoy waterfront dining before an evening at the theater, opera, ballet or one of many bars and restaurants featuring live music. Take a short ride across the majestic Ringling Bridge which spans Sarasota Bay, to experience world class shopping and dining on St Armand’s Circle, or spend the day on the sand at the private Ritz-Carlton Beach Club before relaxing at the Spa Club. Private golf club with Tom Fasio designed 18-hole championship course is also available to Ritz-Carlton members. Just bring your suitcase and move right in, or explore this investment opportunity and start generating rental income immediately.

Last Agent to Sell the Property

Carla Rayman Kidd

COLDWELL BANKER REALTY License #0646644 Listed on: 06/15/2020

COLDWELL BANKER REALTY

Co-Listed By

Patricia Tan

COLDWELL BANKER REALTY License #3096431

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,917

Year Built

  • Built in 2001

Lot Details

  • South Facing Home
  • Street paved with bricks

HOA Fees

  • $1,715 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,035 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Storage

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1408
  • Assessor Parcel Number 2010014031

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, maintenance exterior, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Ritz Carlton Association, Phone Number (941) 309-2268
  • Carlton House Community
  • Association Approval Required
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 40 lbs
  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,917

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,715 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Water View: Yes
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 2035.00
  • Lot Size Acres: 0.56
  • Year Built: 2001
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469804?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469804?w=Customer
  • Lot Size Sq Ft: 24183
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469804?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Marble
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 14
  • Levels: One
  • Stories: 18
  • Window Features: Blinds, Drapes
  • Living Area Meters: 189.06

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Water View: Bay/Harbor - Partial, Intracoastal Waterway, Marina
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0133F
  • View: City, Water
  • Water Body Name: SARASOTA BAY

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Carlton House
  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool, Tennis Courts, Waterfront
  • Pet Restrictions: See HOA for current rules
  • Building Name Number: HOTEL
  • Max Pet Weight: 40
  • Monthly HOA Fees: 1715.33
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Elevators, Fitness Center, Pool, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee: 5146.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Ritz Carlton
  • Phone: 941-309-2268
  • Association: Yes
  • Security: Key Card Entry, Secured Garage / Parking, Smoke Detector(s)

Fee Information

  • Total Annual Fees: 20584.00
  • Total Monthly Fees: 1715.33

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010014031
  • Lot Features: In City Limits, Sidewalk, Street Brick
  • Lot Size Square Meters: 2247

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: See HOA for current rules
  • Lease Restrictions: Yes
  • Pets Allowed: Size Limit, Yes

Multi Family

  • Approval Process: See HOA for current process.

Tax Info

  • Tax Annual Amount: 16917.00
  • Tax Book Number: 35-20
  • Tax Lot: 1408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Kittinger Daniel T
Bought by
Kittinger Daniel T and Kittinger Christine T
Current Estimated Value
$1,909,761

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jan 29, 2021
Sold by
Weissgerber Sieglinde and Weissgerber Sieglinde
Bought by
Kittinger Dan and Kittinger Christine
Seller's Agent
Carla Rayman Kidd
COLDWELL BANKER REALTY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$1,395,000
Sold Price
$1,290,000
Premium/Discount to List
-$105,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Weissgerber Sieglinde
Bought by
Weissgerber Sieglinde
Source: Public Records

Range of Values:

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Average Value
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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
Kittinger Daniel T -- Attorney
Kittinger Daniel T -- Attorney
Kittinger Dan $1,290,000 None Available
Weissgerber Sieglinde -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weissgerber Jacob $775,000
Previous Owner Weissgerber Jacob $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,290,000 -7.5% $634 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $1,395,000 0.0% $686 / Sq Ft
12/30/2020 12/30/20 For Sale $1,395,000 +8.1% $686 / Sq Ft
11/24/2020 11/24/20 Off Market $1,290,000 -- --
10/13/2020 10/13/20 Price Changed $1,350,000 -10.0% $663 / Sq Ft
06/15/2020 06/15/20 For Sale $1,500,000 -- $737 / 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 $17,847 $1,263,301 -- --
2023 $17,847 $1,226,506 $0 $0
2022 $17,423 $1,190,783 $0 $0
2021 $16,024 $1,014,600 $0 $1,014,600
2020 $16,174 $997,500 $0 $997,500
2019 $16,917 $1,066,900 $0 $1,066,900
2018 $15,224 $937,400 $0 $937,400
2017 $17,049 $1,041,700 $0 $1,041,700
2016 $17,155 $1,041,700 $0 $1,041,700
2015 $15,796 $923,800 $0 $923,800
2014 $15,236 $803,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carla Rayman Kidd

    Seller's Agent in 2021

    Carla Rayman Kidd

    COLDWELL BANKER REALTY

    (941) 724-0519

    4 in this area

    86 Total Sales

    Section Image
  • Patricia Tan

    Seller Co-Listing Agent in 2021

    Patricia Tan

    COLDWELL BANKER REALTY

    (941) 504-9232

    6 in this area

    102 Total Sales

    Section Image
  • Reid Murphy

    Buyer's Agent in 2021

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    2 in this area

    138 Total Sales

    Section Image
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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4469804

Stellar MLS

APN: 2010-01-4031

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1111 Ritz Carlton Dr Unit 1408, Sarasota, FL

This home is located at 1111 Ritz Carlton Dr Unit 1408, Sarasota, FL 34236 since 15 June 2020 and is currently estimated at $1,909,761, approximately $938 per square foot. This property was built in 2001. 1111 Ritz Carlton Dr Unit 1408 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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