David Ramirez
$20,0003 bd2.5 ba2,754 sqft$7 /sqft$305 /mo all-in ↓

1111 RITZ CARLTON DRIVE UNIT 1404, SARASOTA, FL, 34236

Active203 days on marketListed Jan 16, 2026MLS #A4678200

Priced 98% below the SARASOTA 34236 medianCondominiumTHE RESIDENCES

About this home

1111 RITZ CARLTON DRIVE UNIT 1404

Seasonal/Short-Term Rental: Experience a slice of heaven in downtown Sarasota at the Ritz-Carlton, featuring breathtaking water views of Sarasota Bay and the Gulf of Mexico. This three-bedroom, three-bathroom condo is flooded with natural light from abundant windows and sliding glass doors that lead to lanais with expansive water views. The residence is generously sized at nearly 3,000 square feet and features an open floor plan perfect for family time and entertaining. The spacious kitchen boasts solid wood cabinetry topped with slab granite counters, a custom backsplash, a pantry, and an island with a breakfast bar. The primary suite is exceptionally large, offering an organized walk-in closet, a separate sitting area, a private lanai with water views, and a luxurious en suite bathroom featuring a soaking tub, walk-in shower, dual vanities, and a private water closet. This property includes a Gold Membership that transfers for the duration of your stay, providing access to the hotel fitness center and spa, as well as discounts on food at the hotel, poolside, and at the Beach Club. The membership also includes a limited number of tee times at the golf club (green fees extra) and use of the exclusive Beach Club on Lido Key. Relax, breathe, and live a little—you owe this vacation to yourself. The high season (December through April) rate is $20,000 a month plus tax, and the off-season rate is $9,000 a month plus tax. The unit is currently rented through May 2026 and again from January 2, 2027, through May 2027. It remains available from June 15, 2026, through October 30, 2026. Call today for your next memorable vacation in Sarasota! This community is governed by a homeowners association; approval may include an application, background screening, and fees. Please contact the agent for details.

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,754

Sqft

0.56 ac

Lot size

2

Garage

2001

Year built

One

Levels

$7

Per sqft

City & Water viewTurnkey

Inside

FlooringCarpet · Tile · Hardwood
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Ice Maker · Microwave · Refrigerator · Washer
InteriorCeiling Fan(s) · Crown Molding · Living Room/Dining Room Combo · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Thermostat · Tray Ceiling(s) · Walk-In Closet(s) · Wet Bar · Window Treatments
LaundryLaundry Room
CoolingCentral Air · Zoned
HeatingCentral · Electric · Zoned
FurnishedTurnkey

Outside & construction

ViewCity · Water
FacesSouth
ParkingAssigned · Covered · Reserved · Under Building
ExteriorBalcony

Community & fees

PetsNo
CommunityFitness Center · Pool · Restaurant

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Phone Available · Public · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$305 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$118
FHA mortgage insurance (est.)$9
Est. property taxes (1.1%/yr)$18
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $700Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

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
Down payment3.5% · $700
Interest rate6.00%
Loan term

Estimated payment

$305/mo

Principal & interest$118
FHA mortgage insurance (est.)$9
Est. property taxes$18
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.

$/sqft vs Sarasota actives

$7 vs $343

Days on market

203 vs 61 typical

Where $7/sqft sits among the 400 Sarasota actives

122 · this home
137
48
37
25
31
$7–259$259–511$511–763$763–1015$1015–1267$1267+

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

Map of 1111 RITZ CARLTON DRIVE UNIT 1404 inside its neighborhood boundary

Drive times from this address

Downtown Tampa65 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 seller4.6 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

159 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 98% below the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Jan 16, 2026Listed at $20,000 · 203 days on market since
2001Built · THE RESIDENCES

Reality check

What actually sold near 1111 RITZ CARLTON DRIVE UNIT 1404

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

418 MEADOW LARK DRIVESold · Jan ’26

$2,500,000

418 MEADOW LARK DRIVE

3 bd · 2.5 ba · 2,757 sqft · $907/sqft · 0 DOM

1622 BAY POINT COURTSold · Feb ’26

$1,225,000

1622 BAY POINT COURT

4 bd · 3 ba · 2,733 sqft · $448/sqft · 3 DOM

218 ROBIN DRIVESold · Jun ’26

$1,900,000

218 ROBIN DRIVE

3 bd · 4 ba · 2,673 sqft · $711/sqft · 39 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1111 RITZ CARLTON DRIVE UNIT 1404 — 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 1404 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

1111 RITZ CARLTON DRIVE UNIT 1404 FAQs

What would the monthly payment be for 1111 RITZ CARLTON DRIVE UNIT 1404?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $305/mo — principal and interest, estimated property taxes 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.

Are pets allowed at 1111 RITZ CARLTON DRIVE UNIT 1404?+

The listing reports pets: No. 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 $20,000, this home is listed about 96% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1111 RITZ CARLTON DRIVE UNIT 1404?+

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

01Under the SARASOTA 34236 market on paper

$20,000 is 98% below the SARASOTA 34236 median of $815,000, and at $7/sqft it sits under the Sarasota average of $497.

02City & Water views

The city and water view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

203 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.

Listing courtesy of RENT SARASOTA · Hamid Mohajir. MLS #A4678200.

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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