
$3,995,000
1111 Ritz Carlton Drive
Sarasota, FL 34236
Listing updated: May 1, 2026 at 12:38 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Experience luxury living at the iconic Ritz-Carlton Residences. The most updated unit in the building, this penthouse features top-of-the-line finishes, 24” Portugal tile throughout, water views from every room, and western exposure for stunning Sarasota Bay sunsets. The state-of-the-art kitchen includes bespoke cabinetry, a large island, and premium appliances. Three en-suite bedrooms, a private theater room, and a Sonos sound system complete the interior. Expansive windows frame bay views by day and vibrant western sunsets in the evening. This unit conveys with a Ritz-Carlton Gold Membership, providing access to the Beach Club and Golf Club. Residents enjoy full-service amenities including valet, concierge, in-room dining, on-site restaurants, and a fitness center. Everything you need for refined city living is seamlessly combined in this penthouse. Two premium parking spaces and nearby marina access are included. This penthouse can be purchased turnkey, with panoramic water views, exceptional design, and the service and prestige of the Ritz-Carlton brand.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history58 days on market
- Status: ActiveMar 5, 2026
- Listed$4,295,000Mar 4, 2026
- Price reduced$3,995,000
Facts & features
- Property type
- Residential
- Sub type
- Condo - Hotel
- Status
- Active
- Days on market
- 58
- Subdivision
- The Residences
- County
- Sarasota
- Year built
- 2001
- Living area
- 4,276 sq ft
- Price/sq ft
- $934
- Building area
- 4,500 sq ft (Public Records)
- Lot category
- Non-Applicable
- Flood zone
- VE (12115C0133F)
- Garage
- 2 spaces
- Annual taxes
- $33,631 (2025)
- Parcel #
- 2010014041
- Zoning
- DTB
- MLS #
- A4684538
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Carpet, Ceramic Tile, Marble
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater, Water Filtration System, Wine Refrigerator
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- No
- Parking features
- Assigned, Covered, Ground Level, Guest, Off Street, Open, Basement, Valet
HOA & Financial
- HOA fee
- $18,067 / Quarterly
- Monthly HOA
- $6,022/mo
- Total monthly fees
- $6,022/mo
- Total annual fees
- $72,267
- HOA name
- Ivana Podolska, Residences Manager
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Home can be rented 4 time per year
- Approval process
- Application and approval required
Exterior & Construction
- Exterior features
- Balcony, Lighting, Sliding Doors
- Construction materials
- Stucco
- Roof
- Concrete
- Foundation
- Stilt/On Piling
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Breed Restrictions, Number Limit, Size Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 11x8 |
| Living Room | First | 21x18 |
| Primary Bedroom | First | 20x12 |
| Primary Bathroom | First | 15x10 |
| Bedroom 2 | First | 16x18 |
| Bathroom 2 | First | 15x10 |
| Bedroom 3 | First | 16x11 |
| Bathroom 3 | First | 15x10 |
| Media Room | First | 20x18 |
| Bathroom 4 | First | 15x10 |
| Balcony/Porch/Lanai | First | 8x5 |
Listing Details
- Listing date
- 2026-03-02
- On market date
- 2026-03-04
- Original list price
- $4,295,000
- Occupant type
- Owner
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-03-05
- Tax legal description
- UNIT 1603 THE RESIDENCES
Flood risk
Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head West on Fruitville Rd, at the Traffic Circle take the third exit onto N Tamiami Trl, Turn right onto Ritz Carlton Dr, Valet parking available at Hotel Entrance.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 1, 2026 at 12:38 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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