NOT LISTED FOR SALE

The Ritz-Carlton Residences 1111 Ritz Carlton Dr Unit 1505 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,981,000 - $2,416,000

2 Beds
2 Baths
2,057 Sq Ft
$1,561/mo HOA Fee

Last Sold November 01, 2017

Last sale price $1,250,000 $608 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $15,352/month

35 Days on Market

Highlights

  • Access to Bay or Harbor
  • Intracoastal View
  • Open Floorplan
  • Booker High School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of November 2017

First class, luxurious living, at the Ritz Carlton residences in downtown Sarasota. A private secured resident- only entrance with dedicated concierge, in-room dining, valet, Bay front swimming pool, resident social room, secured garage parking and exemplary service. This 15th floor residence offers a two bedroom split plan, an open living and dining area with plentiful city and water views, a fully-equipped kitchen, plus a den and laundry room. From your private balcony, relax and enjoy the glistening views of Sarasota Bay as boats go by or the twinkle of city lights beyond. You will experience the glorious color changes of the sun setting sky. Fine appointments such as solid wood doors, marble baths including the master having dual sinks, a private water closet, jetted tub, stand up shower and a spacious walk in closet. The Ritz Carlton residences are located in the heart of downtown Sarasota, with an easy walk to a plethora of fine restaurants, superior shopping, cultural venues such as opera, theater and ballet. To enhance your social experience you may join the Ritz Carlton Golf and Beach Club, offering a variety of memberships tailored to fit your needs. There is no time like the present to experience life beyond the ordinary.

Last Agent to Sell the Property

Pam Charron

COMPASS FLORIDA LLC License #3208565 Listed on: 06/12/2017

COMPASS FLORIDA LLC

Last Buyer's Agent

Christina Miller

SARASOTA BAY REAL ESTATE P.A. License #3100088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,672

Year Built

  • Built in 2001

Lot Details

  • 0.56

HOA Fees

  • $1,561 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,057 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Access to Bay or Harbor
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2010014036

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • The Residences Community
  • Ritz Carlton Residences Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 40 lbs
  • 2 Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,672

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,561 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2057
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2281
  • Directions to Property: US 41 south to Ritz Carlton Drive. Use valet entry at main hotel.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 15+
  • List Office Head Office Key Nume: 1046699
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 607.68
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 18
  • Window Features: Blinds
  • Street Number Modifier: 1111
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Inside Utility
  • Room Count: 7

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors, Balcony, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY AND INTERCOASTAL
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available
  • Water Access: Bay/Harbor
  • Water Extras YN: 0
  • Water View: Intracoastal Waterway,Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Guest, Secured, Underground

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Maintenance, Security, Storage
  • Association: No
  • Security: Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Refer to Condo Rules & Regulations
  • Association Fee Requirement: None
  • Building Name Number: 1111
  • Condo Fees: 4683
  • Condo Land Included YN: 0
  • Max Pet Weight: 40
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1561
  • Pet Size: Medium (36-60 Lbs.)

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010014036
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Flood Zone Code: VE, AE
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Condo Rules & Regulations

Tax Info

  • Tax Annual Amount: 15672
  • Tax Book Number: 35-20
  • Tax Lot: 0

Multi Family

  • Approval Process: Application & $150 fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 30, 2017
Sold by
Blumenthal Gail M
Bought by
Chinquee Karlene
Seller's Agent
Pam Charron
COMPASS FLORIDA LLC
Buyer's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Current Estimated Value
$2,144,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,945
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Apr 8, 2016
Sold by
Blumenthal Gail and Blumenthal Gail M
Bought by
Gail M Blumenthal Trust and Blumenthal Gail M

Purchase Details

Listed on
Jan 31, 2012
Closed on
Dec 18, 2013
Sold by
Major Flora
Bought by
Blumenthal Gail
Seller's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Pam Charron
COMPASS FLORIDA LLC
List Price
$1,235,000
Sold Price
$1,085,000
Premium/Discount to List
-$150,000
-12.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Jun 21, 2005
Sold by
Winer Carole A and Sorensen Ronald Paul
Bought by
Major Flora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
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
Chinquee Karlene $1,250,000 Attorney
Gail M Blumenthal Trust -- Attorney
Blumenthal Gail $1,085,000 Attorney
Major Flora $1,270,000 Riddelltitle & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Major Flora $975,000
Previous Owner Winer Carole A $893,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $1,250,000 -- --
11/01/2017 11/01/17 Sold $1,250,000 -2.0% $608 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $1,275,000 +17.5% $620 / Sq Ft
12/18/2013 12/18/13 Sold $1,085,000 -5.7% $527 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/16/2013 10/16/13 Price Changed $1,150,000 -6.9% $559 / Sq Ft
01/31/2012 01/31/12 For Sale $1,235,000 -- $600 / 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 $25,248 $1,655,300 -- $1,655,300
2023 $25,248 $1,729,000 $0 $1,729,000
2022 $19,580 $1,568,000 $0 $1,568,000
2021 $15,771 $998,100 $0 $998,100
2020 $15,826 $975,500 $0 $975,500
2019 $16,572 $1,024,900 $0 $1,024,900
2018 $15,960 $983,400 $0 $983,400
2017 $15,698 $996,378 $0 $0
2016 $15,672 $1,092,800 $0 $1,092,800
2015 $15,911 $969,100 $0 $969,100
2014 $15,967 $842,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Charron

    Seller's Agent in 2017

    Pam Charron

    COMPASS FLORIDA LLC

    (941) 993-3388

    9 in this area

    128 Total Sales

    Section Image
  • Christina Miller

    Buyer's Agent in 2017

    Christina Miller

    SARASOTA BAY REAL ESTATE P.A.

    (941) 713-2340

    4 in this area

    67 Total Sales

    Section Image
  • Beth Afflebach

    Seller's Agent in 2013

    Beth Afflebach

    Michael Saunders

    (941) 737-1756

    31 in this area

    34 Total Sales

    Section Image
  • Joan Dickinson

    Seller Co-Listing Agent in 2013

    Joan Dickinson

    Michael Saunders

    (941) 914-0496

    34 in this area

    37 Total Sales

    Section Image
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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4188921

Stellar MLS

APN: 2010-01-4036

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1111 Ritz Carlton Dr Unit 1505, Sarasota, FL

This home is located at 1111 Ritz Carlton Dr Unit 1505, Sarasota, FL 34236 since 12 June 2017 and is currently estimated at $2,144,945, approximately $1,042 per square foot. This property was built in 2001. 1111 Ritz Carlton Dr Unit 1505 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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