CENTURY 21 Edge
$3,495,0004 bd3 ba4,943 sqft$707 /sqft≈$24,357 /mo all-in ↓

1111 RITZ CARLTON DRIVE UNIT 1704, SARASOTA, FL, 34236

Active4 days on marketListed Oct 6, 2026MLS #A4708730

WaterfrontCondominiumTHE RESIDENCES

About this home

1111 RITZ CARLTON DRIVE UNIT 1704

High above downtown Sarasota, Residence 1704 at The Residences at The Ritz-Carlton presents nearly 5,000 square feet of refined living surrounded by some of the most extraordinary views on Florida’s Gulf Coast. From its commanding 17th-floor position, the residence captures sweeping panoramas across Sarasota Bay, Golden Gate Point and the Quay, extending west toward the barrier islands and Gulf of Mexico. By day, the home is filled with natural light and endless water views; by evening, sunsets give way to the illuminated Sarasota skyline. Completely reimagined in 2021, the 4,943-square-foot residence pairs sophisticated contemporary design with the scale and comfort of a private home. A dramatic gallery-style foyer creates an impressive arrival and provides a beautiful setting for art before opening to expansive living spaces framed by walls of glass. At the center of the residence, the kitchen is designed equally for everyday living and entertaining, with premium appliances, stone surfaces, generous cabinetry and storage, a substantial center island, and remarkable views toward Sarasota’s barrier islands. Dining can be as relaxed or formal as the occasion requires, from the breakfast bar and casual dining area to the waterfront terrace and sculptural formal dining room. The main living room takes full advantage of the residence’s elevation and outlook, with a clean-lined tray ceiling, indirect lighting, custom built-ins and a linear fire feature creating a warm counterpoint to the expansive glass and water beyond. Multiple terraces extend the living spaces outdoors, offering private vantage points from which to experience Sarasota’s changing light, bayfront activity and spectacular sunsets. The primary suite is a private retreat of exceptional scale, complete with a sitting area, dual walk-in closets, private terrace and a light-filled bath featuring a soaking tub and walk-in steam shower. Guest accommodations are thoughtfully separated and generously proportioned, while the fourth bedroom, currently configured as an office, provides exceptional flexibility for guests, remote work or a private den. Ownership at The Residences at The Ritz-Carlton offers something increasingly rare: the privacy of a luxury residential tower paired with the legendary service of The Ritz-Carlton. Residents enjoy concierge and valet services, security, a resort-style heated pool and spa, fitness facilities, direct access to Sarasota Bay and the convenience of the adjoining Ritz-Carlton hotel, including on-site dining and the ability to have everything from morning coffee to dinner delivered directly to your residence. Eligible residents also have the opportunity to pursue membership in The Ritz-Carlton Members Club, offering access to an exceptional collection of Sarasota lifestyle amenities, including the Beach Club on Lido Key, championship golf, spa experiences, dining and member events. And perhaps most compelling is the location. The cultural, culinary and entertainment offerings of downtown Sarasota are just outside your door, while St. Armands Circle and the white-sand beaches of Lido Key are only minutes away. Residence 1704 is more than a penthouse overlooking Sarasota. It is a remarkably spacious private home in the sky, combining panoramic water views, sophisticated design, exceptional service and one of the most desirable locations on Florida’s Gulf Coast.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

4,943

Sqft

0 ac

Lot size

2001

Year built

One

Levels

$707

Per sqft

WaterfrontFireplaceCity & Water viewPets allowed

Inside

FlooringCarpet · Tile
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Refrigerator · Washer · Wine Refrigerator
InteriorBuilt-in Features · Ceiling Fan(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · Primary Bedroom Main Floor · Split Bedroom · Stone Counters · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric · Zoned

Outside & construction

RoofMembrane
ConstructionConcrete
FoundationSlab
ViewCity · Water
FacesSouth
ParkingAssigned · Covered · Under Building · Valet
ExteriorBalcony · Sidewalk · Sliding Doors

Community & fees

Taxes (2025)$48,329/yr
PetsYes
CommunityBuyer Approval Required · Deed Restrictions · Fitness Center · Pool · Sidewalks

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$24,357 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$18,859
PMI (est., until 20% equity)$1,311
Property tax — 2025 actual bill$4,027
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $349,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $349,500
Interest rate6.00%
Loan term

Estimated payment

$24,357/mo

Principal & interest$18,859
PMI (est., until 20% equity)$1,311
Property taxes (actual bill)$4,027
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $3.5M
$2.5MedgeAI estimate $2,773,280 · range $2.6M–$3.0M$3.6M

vs edgeAI estimate

+26%

$/sqft vs Sarasota actives

$707 vs $402

Days on market

4 vs 85 typical

Where $707/sqft sits among the 400 Sarasota actives

202
69
52 · this home
33
13
31
$158–410$410–661$661–913$913–1165$1165–1417$1417+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Tower Residences At The Ritz Carlton

Drive times from this address

Downtown Tampa≈ 65 min
Tampa Int’l Airport (TPA)≈ 72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Tower Residences At The Ritz Carlton — neighborhood snapshot

Population

747

Median age

75

Median income

$125,938

Median home value

$1,459,500

Avg household

2

For the school run

Sarasota County School District

ElementaryAlta Vista Elementary School★★★★★
HighBooker High School★★★★★
MiddleBooker Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller — 4.3 months of inventoryBuyer’s market

$475K → $493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

198 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 337% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Oct 6, 2026Listed at $3,495,000 · 4 days on market since
2001Built · THE RESIDENCES

Reality check

What actually sold near 1111 RITZ CARLTON DRIVE UNIT 1704

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

329 BIRD KEY DRIVESold · Jun ’26

$5,300,000

329 BIRD KEY DRIVE

4 bd · 4.5 ba · 4,906 sqft · $1,080/sqft · 94 DOM

119 N WARBLER LANESold · Jun ’26

$6,550,000

119 N WARBLER LANE

3 bd · 4 ba · 5,099 sqft · $1,285/sqft · 82 DOM

118 N WARBLER LANESold · Dec ’25

$6,350,000

118 N WARBLER LANE

4 bd · 5.5 ba · 4,594 sqft · $1,382/sqft · 1009 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Colleen Brown

Your agent

Colleen Brown

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1111 RITZ CARLTON DRIVE UNIT 1704 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1111 RITZ CARLTON DRIVE UNIT 1704 — before you fall in love.

See it in person

Schedule a tour

Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1111 RITZ CARLTON DRIVE UNIT 1704 FAQs

What would the monthly payment be for 1111 RITZ CARLTON DRIVE UNIT 1704?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $24,357/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1111 RITZ CARLTON DRIVE UNIT 1704?+

The most recent tax bill on record (2025) was $48,329. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1111 RITZ CARLTON DRIVE UNIT 1704?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $3,495,000, this home is listed about 535% above the Sarasota median of $550,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1111 RITZ CARLTON DRIVE UNIT 1704?+

Alta Vista Elementary School (elementary), Booker High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$3,495,000 runs 337% above the SARASOTA 34236 median — but at 4,943 sqft it's also nearly 3 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Fresh on the market

Only 4 days on market in a Sarasota market that averages 85 — if it fits, move quickly.

Listing courtesy of COMPASS FLORIDA LLC · Rich Polese. MLS #A4708730.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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