1111 Gulfstream Avenue, FL
Stellar MLS

$699,000

1111 Gulfstream Avenue

Sarasota, FL 34236

Listing updated: June 3, 2026 at 4:30 PM ET

Active
2
Beds
2
Baths
1,575
Sq Ft
2.82
Acres
1974
Built
Water view2.82 acres$444/sqft
Condominium

Property type

1974

Year built

122,783 sqft

Lot size

$444

Price / sq ft

No HOA

HOA dues

74

Days on market

2

Garage spaces

AE

Flood zone

About this home

Perfectly positioned on the 10th floor at One Watergate, Residence #10E offers a light-filled downtown Sarasota lifestyle with sweeping city views that extend to Sarasota Bay and the iconic John Ringling Bridge. Ideally located along Gulfstream Avenue, this residence places you just steps from the waterfront, marina, and the cultural energy that defines downtown living. Spanning approximately 1,575 square feet of interior living space, the open-concept layout is designed for both comfort and functionality. Expansive impact-rated windows and sliding glass doors (updated in 2017) frame the skyline while filling the residence with natural light. Tile flooring runs throughout, creating a cohesive flow from room to room and enhancing the ease of maintenance. The living and dining areas connect seamlessly to the kitchen, where solid-surface countertops, breakfast bar seating, and ample cabinetry support both everyday living and entertaining. Just beyond, sliding glass doors open to an oversized terrace—an inviting outdoor extension of the living space and an ideal setting to enjoy morning light or evening city views. The split-bedroom floor plan enhances privacy. The primary suite is a comfortable retreat featuring direct terrace access, an oversized walk-in closet with dressing area, additional linen storage, and an en-suite bath. The guest bedroom is positioned on the opposite side of the residence and also enjoys water views, making it ideal for visitors or flexible use as a home office. Additional highlights include two secure under-building parking spaces—an uncommon convenience for downtown living—as well as access to community laundry facilities located on each floor. One Watergate is a well-established downtown community that has recently undergone extensive renovations, further elevating its appeal. Improvements include new impact windows and exterior doors throughout the building, a new roof, renovated corridors, a refreshed lobby with updated elevator and mailroom, a new fitness center (currently being completed), conference room/library, and enhanced common areas and landscaping. Residents enjoy secure building access, on-site management, a resurfaced swimming pool with pavered sun deck, grilling area, and newly updated tennis and pickleball courts. Located in the heart of Sarasota’s Cultural Coast, this residence offers exceptional proximity to everything the city has to offer. Marina Jack, Bayfront Park, and the waterfront promenade are just moments away, while the Sarasota Opera House, Florida Studio Theatre, and Selby Gardens anchor the area’s vibrant arts scene. St. Armands Circle and Lido Beach are only minutes away, providing access to boutique shopping, waterfront dining, and Gulf-front relaxation. Residence #10E presents an opportunity to enjoy walkable downtown living with city and water views, generous interior space, and the convenience of a well-updated community in one of Sarasota’s most desirable locations.

Estimated monthly payment

Principal & interest$3,535
Property taxes$507
Home insurance (est.)$320

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 history74 days on market

  1. Status: Active
    Mar 21, 2026
  2. Listed$749,000
    Mar 21, 2026
  3. Price reduced$699,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
74
Cumulative DOM
236
Subdivision
One Watergate
County
Sarasota
Year built
1974
Living area
1,575 sq ft
Price/sq ft
$444
Building area
1,781 sq ft (Builder)
Lot size
122,783 sq ft
Flood zone
AE (12115C0133G)
Garage
2 spaces
Annual taxes
$6,085 (2025)
Parcel #
2010013058
Zoning
DTB
MLS #
A4686980

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Interior features
Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
Laundry
Same Floor As Condo Unit
Stories / Levels
One
Direction faces
Southwest

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes
Parking features
Assigned, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Guest, Basement

HOA & Financial

HOA fee
$0 / Quarterly
Monthly HOA
$0/mo
Total monthly fees
$1,633/mo
Total annual fees
$19,600
HOA name
TANYA BUCKELEW
CDD
No
Homestead exemption
Yes
Min lease term
1-2 Years
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
SEE DOCUMENTS
Approval process
SEE DOCUMENTS

Exterior & Construction

Exterior features
Balcony, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
Construction materials
Concrete
Roof
Built-Up
Foundation
Stilt/On Piling
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
FoyerFirst
Living RoomFirst14x20
KitchenFirst11x10
Dining RoomFirst9x12
Media RoomFirst17x13
Primary BedroomFirst13x17
Primary BathroomFirst
Bedroom 2First13x14
Bathroom 2First

Listing Details

Listing date
2026-03-16
On market date
2026-03-21
Original list price
$749,000
Occupant type
Vacant
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-03-21
Tax legal description
UNIT 10E ONE WATERGATE

Flood risk

High riskFEMA Zone AEPanel 12115C0133G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US 41 South, through roundabout, turn right toward N. Gulfstream Ave, right onto Sunset Dr, right onto Watergate Dr, right onto N Gulfstream Ave to building (guest parking is available onsite)

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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 June 3, 2026 at 4:30 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA