1111 Ritz Carlton Drive, FL
Stellar MLS

$3,995,000

1111 Ritz Carlton Drive

Sarasota, FL 34236

Listing updated: May 1, 2026 at 12:38 PM ET

Active
3
Beds
4
Baths
4,276
Sq Ft
2001
Built
Water view$934/sqft
Condo - Hotel

Property type

2001

Year built

$934

Price / sq ft

$6,022/mo

HOA dues

58

Days on market

2

Garage spaces

VE

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

Principal & interest$20,201
Property taxes$2,803
Home insurance (est.)$1,831
HOA dues$6,022

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

  1. Status: Active
    Mar 5, 2026
  2. Listed$4,295,000
    Mar 4, 2026
  3. 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

ElementaryAlta Vista ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolBooker HighGreatSchools ↗

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

RoomLevelDimensions
KitchenFirst11x8
Living RoomFirst21x18
Primary BedroomFirst20x12
Primary BathroomFirst15x10
Bedroom 2First16x18
Bathroom 2First15x10
Bedroom 3First16x11
Bathroom 3First15x10
Media RoomFirst20x18
Bathroom 4First15x10
Balcony/Porch/LanaiFirst8x5

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

High riskFEMA Zone VEPanel 12115C0133F

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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MLS GRID

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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