$4,200,000

Estimated payment $30,790/month

Total Views 4,785
3 Beds
3 Baths
3,751 Sq Ft
$1,120 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Heated Spa
  • Booker High School Rated A-
  • Home Theater
  • 5-minute walk to Causeway Park

About This Home

Experience unmatched elegance and world-class service in this exclusive Ritz-Carlton residence, where breathtaking views and luxury amenities define the ultimate lifestyle. Nestled near downtown Sarasota's vibrant cultural scene, this rare southwest corner home seamlessly blends sophistication, comfort, and contemporary design. Step off your private elevator into a meticulously curated space, where every room showcases sweeping vistas. Designed with modern finishes, clean lines, and natural materials, this residence exudes refinement. The coveted three-bedroom layout boasts two expansive terraces, inviting you to unwind while taking in spectacular sunset panoramas. Crafted with impeccable attention to detail, the luxurious interior features custom-built cabinetry, designer accents, and elegant bamboo and zebra wood finishes. Neutral travertine flooring flows seamlessly through the main living areas, enhancing the home's timeless appeal. A climate-controlled wine storage system accommodates over 200 bottles, perfect for collectors and entertainers alike. The gourmet kitchen is equally impressive, featuring an induction cooktop, premium stone countertops, a striking backsplash, and ample storage. The regal master suite offers a serene retreat, overlooking the iconic Marina Jack with its ever-changing waterfront scenery. Designed for both relaxation and grandeur, this private sanctuary provides the perfect escape. Residents enjoy an unparalleled array of Ritz-Carlton amenities, including two sophisticated social lounges, a private movie theater, a state-of-the-art fitness center with saunas, steam rooms, and a dedicated massage treatment space. The heated outdoor pool and spa are surrounded by lush tropical landscaping, while outdoor grilling and dining areas create the ideal setting for entertaining. Just moments from Sarasota's renowned performing arts venues, art galleries, pristine beaches, fine dining, and luxury shopping, this residence offers a lifestyle of sophistication and ease. More than just a home, it is a statement of prestige and refinement, where luxury knows no limits.

Listing Agent

Philip Pisano, III

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3373819 Listed on: 02/21/2025

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Wayne Fastzkie

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3453399

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,152

Year Built

  • Built in 2003

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Street paved with bricks
  • Landscaped with Trees

HOA Fees

  • $5,067 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Entry on the 11th floor
  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 3,751 Sq Ft Home
  • Wet Bar
  • Built-In Desk
  • Shelving
  • Bar Fridge
  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Room
  • Home Theater

Kitchen

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

Flooring

  • Bamboo
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Jose Carvalho Association, Phone Number (941) 309-2123
  • High-Rise Condominium
  • The Tower Residences Community
  • The Tower Residences Subdivision
  • 17-Story Property

Recreation

  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,152

Year Built

Built in 2003

Lot Details

0

HOA Fees

$5,067 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Mediterranean, Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3751
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4347
  • Directions to Property: From SRQ Airport, take right onto US 41 south to right on Gulfstream Avenue, then right onto Sunset Drive, another right onto Watergate Drive to The Tower Residences on the left. Please meet listing agent in the lobby of the hotel at 1111 Ritz Carleton Drive.
  • Status: Active
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 11
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1119.70
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Amenities Additional Fees: $3024.83 Quarterly Assessment. Three year assessment currently in second year.
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Travertine
  • Full Bathrooms: 3
  • Interior Amenities: Dry Bar, High Ceilings, Solid Surface Counters, Split Bedroom, 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: Pillar/Post/Pier
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 17
  • Window Features: Blinds
  • Street Number Modifier: 35
  • Living Area Meters: 348.48
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: City, Water
  • Water Body Name: SARASOTA BAY/ICW
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt, Brick
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0133G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • Association Amenities: Fitness Center, Optional Additional Fees, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Jose Carvalho
  • Phone: 941-309-2123
  • Association: Yes
  • Security: Secured Garage/Parking
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Refer to Condo Association Docs
  • Association Fee Requirement: None
  • Building Name Number: 35
  • Condo Fees: 15202
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: jose.carvalho.ritzcarlton.com
  • Monthly Condo Fee Amount: 5067
  • Pet Size: Small (16-35 Lbs.)
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 60808.00
  • Total Monthly Fees: 5067.33

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010015043
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Condo Association Docs

Tax Info

  • Tax Annual Amount: 40152
  • Tax Lot: 0

Multi Family

  • Approval Process: $150 Application fee and Background Check required for all new buyers.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $44,951 $2,733,800 -- $2,733,800
2023 $44,951 $3,048,000 $0 $3,048,000
2022 $39,977 $2,652,800 $0 $2,652,800
2021 $33,038 $2,454,500 $0 $2,454,500
2020 $32,016 $2,388,200 $0 $2,388,200
2019 $24,468 $1,508,600 $0 $1,508,600
2018 $34,161 $2,111,900 $0 $2,111,900
2017 $43,330 $2,526,964 $0 $0
2016 $38,686 $2,359,000 $0 $2,359,000
2015 $35,583 $2,088,400 $0 $2,088,400
2014 $33,206 $1,754,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $4,200,000 0.0% $1,120 / Sq Ft
04/30/2025 04/30/25 Off Market $4,200,000 -- --
02/21/2025 02/21/25 For Sale $4,200,000 +35.3% $1,120 / Sq Ft
12/01/2021 12/01/21 Sold $3,105,000 -7.3% $828 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $3,350,000 -- $893 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,105,000 Attorney
Special Warranty Deed $4,529,900 Attorney
Special Warranty Deed $2,328,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,018,250 New Conventional
Closed $2,018,250 New Conventional
Previous Owner $3,100,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: A4641708

Stellar MLS

APN: 2010-01-5043