
1921 MONTE CARLO DRIVE UNIT 701, SARASOTA, FL, 34231
Active3 days on marketListed Nov 4, 2026MLS #A4711093
About this home
1921 MONTE CARLO DRIVE UNIT 701
LUXURY WATERFRONT PENTHOUSE WITH EXPANSIVE 1,000 SQ. FT. PRIVATE TERRACE/BALCONY IN PHILLIPPI LANDINGS! Experience waterfront living in this beautifully renovated 7th-floor penthouse at Phillippi Landings, one of Sarasota's desirable gated waterfront communities. Offering 2,649 sq. ft. of living space, 3 bedrooms, 3 full bathrooms, and an extraordinary approximately 1,000 sq. ft. private terrace and second screened-in balcony, this residence features breathtaking panoramic views of Phillippi Creek, the Intracoastal Waterway, and surrounding waterways. Enjoy direct elevator access from the secured parking garage into your private residence. An elegant foyer opens to a spacious, light-filled great room showcasing new luxury vinyl flooring throughout the living areas and bedrooms, custom tray ceilings, crown molding, designer lighting, recessed lighting, and architectural details. A separate formal dining room and private screened balcony overlooking the water complete the inviting living spaces. The renovated gourmet kitchen features 48-inch cabinetry, quartz countertops, an island cooktop with stainless steel hood, built-in appliances, and a Butler's pantry with an additional oven, washer & dryer. The thoughtfully designed three-way split-bedroom floor plan offers privacy for residents and guests. The spacious primary suite features soaring ceilings, designer lighting, a sitting area overlooking Phillippi Creek, and two walk-in closets with California-style built-ins. The luxurious primary bathroom includes separate marble vanities, custom cabinetry, a garden soaking tub, and a marble-finished walk-in shower. An additional den or reading room opens directly to the outdoor terrace. One guest bedroom features a private bathroom and terrace access, while the third bedroom and additional full bathroom are located on the opposite side of the residence. The remarkable 1,000 sq. ft. private terrace is the centerpiece of this penthouse! Partially covered and surrounded by beautiful waterfront scenery, this expansive outdoor retreat is perfect for entertaining, outdoor dining, relaxing, and enjoying Sarasota's coastal lifestyle. Open-air grilling is permitted. Phillippi Landings offers gated access, a clubhouse with catering kitchen, fitness center, heated pool, spa, dog park, BBQ area, and kayak launch. Boat docks may be available for separate purchase when offered for sale. Phillippi Creek connects to Roberts Bay, Sarasota Bay, and the Gulf of Mexico through Big Pass. Ideally located under 4 miles from Downtown Sarasota and the world-renowned beaches of Siesta Key, this residence offers convenient access to Sarasota's coastal attractions, dining, and recreation. Featuring a beautifully renovated interior, new luxury vinyl flooring, whole-property water filtration, direct elevator access, a two-car garage, and an extraordinary waterfront terrace, this penthouse offers an exceptional opportunity for luxury Sarasota living. Some designer furnishings are included. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,649
Sqft
0.46 ac
Lot size
2
Garage
2006
Year built
One
Levels
$751
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$14,416 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$14,416/mo
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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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.
vs edgeAI estimate
+32%
$/sqft vs Sarasota actives
$751 vs $313
Days on market
3 vs 67 typical
Where $751/sqft sits among the 400 Sarasota actives
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 Phillippi Landings
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Phillippi Landings — neighborhood snapshot
Population
418
Median age
71
Median income
$101,500
Median home value
$574,600
Avg household
2
Households w/ children
19%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$450K → $491K
Sarasota median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
181 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 651% above the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1921 MONTE CARLO DRIVE UNIT 701
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$750,000
6454 BEECHWOOD AVENUE
3 bd · 2.5 ba · 2,661 sqft · $282/sqft · 47 DOM
Sold · Sep ’26$1,180,000
6755 AVENUE B
3 bd · 2 ba · 2,343 sqft · $504/sqft · 14 DOM
Sold · Apr ’26$460,000
1712 CHEYENNE STREET
3 bd · 2 ba · 1,740 sqft · $264/sqft · 116 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.
Your agent
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, negotiation, and every question about 1921 MONTE CARLO DRIVE UNIT 701 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1921 MONTE CARLO DRIVE UNIT 701 — before you fall in love.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1921 MONTE CARLO DRIVE UNIT 701 FAQs
What would the monthly payment be for 1921 MONTE CARLO DRIVE UNIT 701?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $14,416/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 1921 MONTE CARLO DRIVE UNIT 701?+
The most recent tax bill on record (2025) was $11,842. 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 1921 MONTE CARLO DRIVE UNIT 701?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Number Limit, 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 $1,990,000, this home is listed about 256% above the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1921 MONTE CARLO DRIVE UNIT 701?+
Phillippi Shores Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,990,000 runs 651% above the SARASOTA 34231 median — but at 2,649 sqft it's also 57% larger than 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 3 days on market in a Sarasota market that averages 67 — if it fits, move quickly.
04Strong assigned schools
Phillippi Shores Elementary School, Riverview High School, Brookside Middle School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PREFERRED SHORE LLC · Kevin Tai. MLS #A4711093.
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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