$3,850,000
1111 Ritz Carlton DriveSarasota, FL 34236
Listing updated: August 21, 2026 at 3:47 PM ET
Listing courtesy of Preferred Shore Llc · Bridget Spiess · MLS #A4684538 · Active · 941-999-1179Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Exceptional value, a rare expression of penthouse living at The Ritz-Carlton Residences, Sarasota, Residence 1603 is an impeccably reimagined home distinguished by extraordinary Sarasota Bay views, exceptional finishes, and the coveted western exposure that brings the drama of sunset into the residence each evening. High above the bay, walls of glass create an effortless connection to the water and sky, with expansive views from nearly every room. Twenty-four-inch Portuguese tile extends throughout the residence, providing a polished architectural foundation for interiors that are as elegant as they are inviting. As afternoon gives way to evening, the western horizon becomes the centerpiece, with Sarasota Bay and its celebrated sunsets unfolding in ever-changing light. The custom-designed kitchen pairs bespoke cabinetry with a substantial center island and premium appliances, while three beautifully appointed en-suite bedrooms provide exceptional privacy for owners and guests. A private theater and integrated Sonos sound system elevate the experience of entertaining at home, whether hosting an intimate gathering or enjoying an evening in complete privacy. The residence is offered with a coveted Ritz-Carlton Gold Membership, extending the experience beyond the home with access to the exclusive Beach Club and Golf Club. At the residence, the legendary Ritz-Carlton standard of service is at your fingertips, including 24-hour valet and concierge, in-residence dining, exceptional on-site restaurants, and a state-of-the-art fitness center. Nearby marina access further complements Sarasota's exceptional waterfront lifestyle. Two premium parking spaces are included. The residence is offered turnkey, presenting an extraordinary opportunity to acquire a fully finished and thoughtfully curated penthouse, with every detail considered. Residence 1603 is more than a remarkable home—it is an invitation to experience Sarasota at its most elevated, where panoramic bay views, extraordinary sunsets, elevated design, and the unmistakable service of The Ritz-Carlton come together in one exceptional address.
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 history170 days on market
- Status: ActiveMar 5, 2026
- Listed$4,295,000Mar 4, 2026
- Price reduced$3,850,000
Facts & features
- Property type
- Residential
- Sub type
- Condo - Hotel
- Status
- Active
- Days on market
- 170
- Subdivision
- The Residences
- County
- Sarasota
- Year built
- 2001
- Living area
- 4,276 sq ft
- Price/sq ft
- $900
- 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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Listing provided by Stellar MLS
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 August 21, 2026 at 3:47 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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