1111 Gulfstream Avenue, FL
Stellar MLS

$1,285,000

1111 Gulfstream Avenue

Sarasota, FL 34236

Listing updated: May 31, 2026 at 3:06 PM ET

Active
2
Beds
2
Baths
1,736
Sq Ft
2.82
Acres
1974
Built
Water view2.82 acres$740/sqft
Condominium

Property type

1974

Year built

122,783 sqft

Lot size

$740

Price / sq ft

No HOA

HOA dues

27

Days on market

1

Garage space

AE

Flood zone

About this home

This One Watergate condominium in Downtown SRQ FL has location and endless views. Looking for the unexpected, this home will not disappoint. A full, to the studs remodel in 2020 brings versatility to your personal style. These sellers live a warm and eclectic life. The open spaces enhance the water, marina, and city views, and then watch the canvas flip to an evening light-scape of the same view. With this remodeled open floor plan all eyes are drawn to the unobstructed views through the floor to ceiling impact windows and doors onto the wrap around covered patio with glass panel railing. The 7th floor view gives the feeling you are right on the water. Their home has been open to many festivities. My favorite celebration has been the 4th of July with fireworks set off on City Park in the Bay right in front. The decor includes Sonoma Valley American wire-brushed & hand scraped hickory wood flooring, and warm color walls. The kitchen features an extended service and storage design including a wine and beverage refrigerator. Highlights include Kraft Made cabinets and Cambria quartz counter tops. Appliances feature GE Cafe series with induction range, French door refrigerator & dishwasher. Double closet pantries with pull out drawers, and stainless-steel farmhouse sink. The spacious primary bedroom has real views of the Ritz and Quay towers in the background. Soft lighting window treatments are perfect for the day and room blackout shades are perfect for the evenings. The en-suite has a double vanity, storage mirrors with digital LED lights, designer tiling and shower with dual showerheads. The over-sized closet has been designer built out to maximize the square footage for two. The guest bedroom doubles as mobile office. Across the hall from the second bath with complimenting style and finishes with the primary bath. Unit 7C is in the coveted C stack which includes an interior laundry room with exterior venting. So many details to see. One Watergate has completed both Milestone and SIRS reports. They are ahead of the state requirements on compliance. The property has completed many updates within the past 5 years. From new elevators, roof, underground plumbing lines, exterior paint, updated pool, landscaping, lighting, grills & pool furniture, and new fitness center. A complete building remodel includes new tile, carpeting, wall paper, lighting, full catering kitchen and community room, and unit doors from 18th floor down. The building electrical room is being moved to the 2nd floor this spring and the lobby, social rooms, and management support facilities will be completed within weeks. Owners will enjoy a walkable Downtown lifestyle of the Sarasota Arts, restaurants, entertainment and the bay parks. The Ritz spa packages are available to the public. Or pick up the Bay Runner free trolley steps away which stops on St Armand's Circle and Lido Key Beach. With all said, at $740 square footage price Unit 7C is competitively priced. Can easily? compare with other properties square footage priced at $1,000 plus. This is an incredible opportunity to own this wonderful home to live, work, and play.

Estimated monthly payment

Principal & interest$6,498
Property taxes$572
Home insurance (est.)$589

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 history27 days on market

  1. Status: Active
    May 4, 2026
  2. Listed$1,285,000
    May 4, 2026
  3. Price increased$1,285,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
27
Subdivision
One Watergate
County
Sarasota
Year built
1974
Living area
1,736 sq ft
Price/sq ft
$740
Building area
1,996 sq ft (Public Records)
Lot size
122,783 sq ft
Lot category
2 to less than 5
Flood zone
AE (12115C0133G)
Garage
1 spaces
Annual taxes
$6,860 (2025)
Parcel #
2010013038
Zoning
DTB
MLS #
A4692338

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Carpet, Ceramic Tile, Wood
Appliances
Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Interior features
Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry
Corridor Access, Electric Dryer Hookup, Inside, Laundry Room, Same Floor As Condo Unit, Washer Hookup
Stories / Levels
One
Direction faces
South

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Assigned, Covered, Deeded, Garage Door Opener, Guest, Off Street

HOA & Financial

Total monthly fees
$1,633/mo
Total annual fees
$19,600
HOA name
One Watergate/Tanya Buckelew
CDD
No
Homestead exemption
Yes
Min lease term
1-2 Years
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Pls review condo documents for complete rental details. Rental application required.
Approval process
Pls review condo documents for complete rental details. Rental application required.

Exterior & Construction

Exterior features
Balcony, Outdoor Grill, Private Yard, Sidewalk, Sliding Doors, Tennis Court(s)
Construction materials
Block, Stucco
Roof
Membrane
Foundation
Slab
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected

Community

Pets allowed
No

Room Details

RoomLevelDimensions
Living RoomFirst14x24
Dining RoomFirst10x10
KitchenFirst9x26
Primary BedroomFirst14x17
Bedroom 2First12x14
LaundryFirst9x9

Listing Details

Listing date
2026-05-04
On market date
2026-05-04
Original list price
$1,285,000
Occupant type
Owner
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-05-04
Tax legal description
UNIT 7C 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

From Downtown US 41 and N. Gulfstream Ave circle. head east on N. Gulfstream Ave . First light turn right on Sunset Drive. Take first right into One Watergate. There are guest parking spots before and after tower portico entry.

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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 31, 2026 at 3:06 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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