$3,250,000
SOLD SEP 10, 2021
4 Beds
4 Baths
3,751 Sq Ft
$3,101/mo HOA Fee

Recently Sold

$866 Per Sq Ft

3% Below List Price

542 Days on Market

Highlights

  • Marina View
  • Fitness Center
  • Marble Flooring
  • Booker High School Rated A-
  • 1.95 Acre Lot
  • 5-minute walk to Causeway Park

About This Home

As of September 2021

Stunning water views with a luxurious interior – welcome to The Ritz-Carlton where unparalleled service and splendor fuse in this rarely available four-bedroom, four-bath residence. Breathtaking bay, marina, and city views from every well-appointed room. The lovely interior includes beautiful hardwood flooring, designer moldings and trim, along with many custom built-ins including a Murphy bed. Entertain with style in the open living and dining room. Expansive terraces envelop you in water and sky views. Four bedrooms offer space for visiting loved ones while the sumptuous master suite boasts marina views. The Tower Residences at The Ritz-Carlton is the most sought-after luxury condominium in Sarasota. It guarantees world-class signature service and amenities. The new owner will enjoy an exceptional lifestyle of exemplary services provided by ladies and gentlemen trained by The Ritz-Carlton, 24-hour in-residence dining, and VIP status at all Ritz-Carlton hotels around the world. The building amenities include a fully equipped fitness center, massage room, saunas, outdoor heated pool and entertaining area, a private home theatre and two elegantly appointed recreation and social rooms. Known as the Cultural Capital of Florida, Sarasota boasts the finest offerings in theatre, opera, ballet, symphony, art galleries and fine dining within walking distance to The Tower Residences. Luxury Knows No Limits.

Last Agent to Sell the Property

Beth Afflebach

MICHAEL SAUNDERS & COMPANY License #0655135 Listed on: 02/18/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joan Dickinson

MICHAEL SAUNDERS & COMPANY License #0452590

Last Buyer's Agent

Beth Afflebach

MICHAEL SAUNDERS & COMPANY License #0655135 Listed on: 02/18/2020

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,307

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Southeast Facing Home
  • Landscaped with Trees

HOA Fees

  • $3,101 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,751 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Shades
  • Rods
  • Sliding Doors
  • Great Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Medical Alarm

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Stairway
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • Covered Patio or Porch
  • 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
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, insurance, maintenance structure, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • The Tower Residences Jaro Gutknecht Association, Phone Number (941) 309-2130
  • High-Rise Condominium
  • The Tower Residences Community
  • The Tower Residences Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions
  • 17-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

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

$28,307

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,101 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete, Stone, Stucco
  • Fireplace: No
  • Living Area: 3751
  • Lot Size Acres: 1.95
  • New Construction: No
  • Year Built: 2003
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Stairway, Accessible Washer/Dryer
  • Building Area Total: 4347
  • Lot Size Sq Ft: 85007
  • Directions to Property: FROM SRQ Airport, take right onto US 41-S to right on Gulfstream Avenue, right on Sunset Drive, another right on Watergate Drive to The Tower Residences on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460288?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460288?w=Customer
  • Floor Number: 14
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8275
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97015
  • Price per Sq Ft: 866.44
  • Close to Original List Price Ratio: 0.97015
  • Ratio: Current Price\Building Area Total: 747.64
  • View: Yes
  • Co List Office Mls Id: 281517605
  • Co List Office Phone: 941-364-8884
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 17
  • Window Features: Rods, Shades
  • Street Number Modifier: 35
  • Room Count: 9
  • Additional Rooms: Formal Dining Room Separate, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete, Other, Tile
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Intracoastal Waterway, Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Side Porch
  • Water View: Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Covered, Garage Door Opener, Guest, On Street, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Sidewalk, Special Community Restrictions
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Name: The Tower Residences - Jaro Gutknecht
  • Phone: 941-309-2130
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Medical Alarm, Secured Garage/Parking, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 9304
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 3101
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 37216
  • Total Monthly Fees: 3101.33

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2010015056
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: The Tower Residences Board of Directors approval of application with background check. Buyer to submit processing fee of $150 to Association with application.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No pets for Tenants

Tax Info

  • Tax Annual Amount: 28307
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Sep 10, 2021
Sold by
Worthington Donald and Worthington Sarah Rachael
Bought by
Haag Philip R and Haag Yvonne J
Seller's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
List Price
$3,350,000
Sold Price
$3,250,000
Premium/Discount to List
-$100,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Bernstein Donna A
Bought by
Worthington Donald and Worthington Rachael S

Purchase Details

Closed on
Jan 15, 2008
Sold by
Hills James R
Bought by
Bernstein Donna A

Purchase Details

Closed on
Oct 17, 2007
Sold by
Hills James R
Bought by
Hills James R

Purchase Details

Closed on
Jul 6, 2004
Sold by
Carter Donald J
Bought by
Hills James R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,250,000 Attorney
Warranty Deed $2,800,000 Attorney
Deed $2,826,200 Desjarlais Title Company
Interfamily Deed Transfer -- Attorney
Deed $2,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $4,650,000 +43.1% $1,240 / Sq Ft
09/10/2021 09/10/21 Sold $3,250,000 -3.0% $866 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
02/18/2020 02/18/20 For Sale $3,350,000 -- $893 / 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 $48,348 $2,922,000 -- $2,922,000
2023 $48,348 $3,366,400 $0 $3,366,400
2022 $43,075 $2,861,200 $0 $2,861,200
2021 $37,284 $2,371,400 $0 $2,371,400
2020 $28,307 $1,784,726 $0 $0
2019 $27,598 $1,744,600 $0 $1,744,600
2018 $28,123 $1,772,301 $0 $0
2017 $46,376 $2,776,300 $0 $0
2016 $40,812 $2,455,000 $0 $2,455,000
2015 $37,006 $2,173,300 $0 $2,173,300
2014 $34,533 $1,826,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4460288

Stellar MLS

APN: 2010-01-5056