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$3,850,000

Active

1111 Ritz Carlton Dr #1603, Sarasota, FL 34236

3 beds · 3.5 baths · 4,276 sq ft

Listing courtesy of PREFERRED SHORE LLC · MLS# A4684538

238 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

What’s special

  • Sarasota Bay views
  • Western sunset exposure
  • Portuguese tile flooring
  • Private theater
  • Integrated Sonos sound system
  • Ritz-Carlton Gold Membership
  • Marina access
  • Penthouse living

AI-selected highlights from the listing description below.

Exceptional value, a rare expression of penthouse living at The Ritz-Carlton Residences, Sarasota, Residence 1603 is an impeccably reimagined home distinguished by extraordinary Sarasota Bay views, exceptional finishes, and the coveted western exposure that brings the drama of sunset into the residence each evening. High above the bay, walls of glass create an effortless connection to the water and sky, with expansive views from nearly every room. Twenty-four-inch Portuguese tile extends throughout the residence, providing a polished architectural foundation for interiors that are as elegant as they are inviting. As afternoon gives way to evening, the western horizon becomes the centerpiece, with Sarasota Bay and its celebrated sunsets unfolding in ever-changing light. The custom-designed kitchen pairs bespoke cabinetry with a substantial center island and premium appliances, while three beautifully appointed en-suite bedrooms provide exceptional privacy for owners and guests. A private theater and integrated Sonos sound system elevate the experience of entertaining at home, whether hosting an intimate gathering or enjoying an evening in complete privacy. The residence is offered with a coveted Ritz-Carlton Gold Membership, extending the experience beyond the home with access to the exclusive Beach Club and Golf Club. At the residence, the legendary Ritz-Carlton standard of service is at your fingertips, including 24-hour valet and concierge, in-residence dining, exceptional on-site restaurants, and a state-of-the-art fitness center. Nearby marina access further complements Sarasota's exceptional waterfront lifestyle. Two premium parking spaces are included. The residence is offered turnkey, presenting an extraordinary opportunity to acquire a fully finished and thoughtfully curated penthouse, with every detail considered. Residence 1603 is more than a remarkable home—it is an invitation to experience Sarasota at its most elevated, where panoramic bay views, extraordinary sunsets, elevated design, and the unmistakable service of The Ritz-Carlton come together in one exceptional address.

Facts

Property type
Condo - Hotel
Year built
2001
Bathrooms
3 full, 1 half
Living area
4,276 sqft
Water view
Yes
Private pool
No
Exposure
Southwest
Furnished
Unfurnished
Flood zone
VE
CDD
No
55+ community
No
Annual taxes
$33,631/yr
Monthly fees
$6,022/mo
Listed
Mar 2, 2026
MLS #
A4684538

Price & status history

  1. Listed for $4,295,000
  2. Price reduced to $3,850,000from $3,995,000

Virtual tour

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Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 1111 RITZ CARLTON DR #1603. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$31,501

$19,468 of that is principal & interest. 38% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$19,468
Property taxes
$2,803
Homeowners insurance
$3,208
Flood insurance
$0
HOA / condo fees
$6,022
Mortgage insurance (PMI)
$0
Total per month
$31,501

Over the life of the loan

Loan amount
$3,080,000
Down payment
$770,000
Total interest
$3,928,370
Principal + interest paid
$7,008,370
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

1111 Ritz Carlton Dr #1603, Sarasota, FL 34236

Listing courtesy of PREFERRED SHORE LLC · MLS# A4684538 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:07 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]