David Ramirez
$7,5002 bd2 ba1,575 sqft$5 /sqft$214 /mo all-in ↓

1111 N GULFSTREAM AVENUE UNIT 4E, SARASOTA, FL, 34236

Active163 days on marketListed Feb 23, 2026MLS #A4683591

Priced 99% below the SARASOTA 34236 medianCondominiumONE WATERGATE

About this home

1111 N GULFSTREAM AVENUE UNIT 4E

Enjoy upscale bayfront living in this updated 2-bedroom, 2-bathroom condo at One Watergate. Ideal for active lifestyles, with exclusive rooftop access to 2 tennis courts with pickleball conversions (recently refreshed with new cushioned surfaces). The modern kitchen features premium quartzite waterfall countertops and elegant cabinetry. The spa-like master bath has luxurious marble tile and a spacious walk-in closet. Hurricane-impact windows/sliders and a new 2024 HVAC system ensure comfort and peace of mind. Unwind on the expansive balcony with glass railings, enjoying Florida sun and bay breezes. One Watergate has recently undergone major renovations in the lobby and communal spaces (including the community room, resident hallways, and fitness center), with completion expected by March 2026—bringing a fresh, modern feel throughout. Additional amenities include a heated pool, two outdoor grilling stations with stone patio seating, and one of downtown Sarasota's largest green spaces across 2.82 acres. Secure entry, on-site maintenance, professional management, and a no-pets policy ensure a peaceful environment. Includes one assigned covered parking spot plus ample guest parking. Prime location: minutes to top dining, shops, theaters, art galleries, nightlife, St. Armands Circle, and Lido Beach. Annual unfurnished rental opportunity in Sarasota's exclusive bayfront community—starting November 2027. Contact for details!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,575

Sqft

0 ac

Lot size

1

Garage

1974

Year built

One

Levels

$5

Per sqft

Garden & Tennis Court & Trees/Woods viewNegotiable

Inside

FlooringCeramic Tile · Engineered Hardwood · Tile
AppliancesCooktop · Dishwasher · Disposal · Dryer · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorEating Space In Kitchen · Elevator · Kitchen/Family Room Combo · Open Floorplan · Primary Bedroom Main Floor · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Closet
CoolingCentral Air
HeatingCentral · Electric
FurnishedNegotiable

Outside & construction

ViewGarden · Tennis Court · Trees/Woods
FacesWest
ParkingCovered · Deeded · Guest · Portico · Reserved
ExteriorBalcony · Courtyard · Outdoor Grill · Outdoor Kitchen · Outdoor Shower · Sidewalk · Sliding Doors · Tennis Court(s)

Community & fees

PetsNo
CommunityFitness Center · Gated Community - No Guard · Handicap Modified · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesCable Connected · Electricity Connected · 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.

$214 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$44
FHA mortgage insurance (est.)$3
Est. property taxes (1.1%/yr)$7
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $263Loan30-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% · $263
Interest rate6.00%
Loan term

Estimated payment

$214/mo

Principal & interest$44
FHA mortgage insurance (est.)$3
Est. property taxes$7
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

$5 vs $344

Days on market

163 vs 61 typical

Where $5/sqft sits among the 400 Sarasota actives

117 · this home
140
50
37
25
31
$5–257$257–509$509–762$762–1014$1014–1267$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 N GULFSTREAM AVENUE UNIT 4E 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$500K

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 99% below the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Feb 23, 2026Listed at $7,500 · 163 days on market since
1974Built · ONE WATERGATE

Reality check

What actually sold near 1111 N GULFSTREAM AVENUE UNIT 4E

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

1111 N GULFSTREAM AVENUE UNIT 4ESold · Oct ’25

$675,000

1111 N GULFSTREAM AVENUE UNIT 4E · same community

2 bd · 2 ba · 1,575 sqft · $429/sqft · 229 DOM

1111 N GULFSTREAM AVENUE UNIT 16FSold · Mar ’26

$1,125,000

1111 N GULFSTREAM AVENUE UNIT 16F · same community

2 bd · 2 ba · 1,577 sqft · $713/sqft · 88 DOM

1111 N GULFSTREAM AVENUE UNIT 15ASold · Jan ’26

$1,150,000

1111 N GULFSTREAM AVENUE UNIT 15A · same community

2 bd · 2 ba · 1,577 sqft · $729/sqft · 0 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 N GULFSTREAM AVENUE UNIT 4E — 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 N GULFSTREAM AVENUE UNIT 4E — before you fall in love.

See it in person

Schedule a tour

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Goes straight to David’s phone and CRM.

Straight answers

1111 N GULFSTREAM AVENUE UNIT 4E FAQs

What would the monthly payment be for 1111 N GULFSTREAM AVENUE UNIT 4E?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $214/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 N GULFSTREAM AVENUE UNIT 4E?+

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 $7,500, this home is listed about 99% below the Sarasota median of $574,945. The market section on this page shows how the area is trending.

Which schools are assigned to 1111 N GULFSTREAM AVENUE UNIT 4E?+

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

$7,500 is 99% below the SARASOTA 34236 median of $820,000, and at $5/sqft it sits under the Sarasota average of $497.

02Garden & Tennis Court & Trees/Woods views

The garden and tennis court and trees/woods view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

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

Listing courtesy of DANIELLE GLADDING & CO. REALTY · Danielle Gladding. MLS #A4683591.

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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