David Ramirez
$2,499,0003 bd3 ba2,799 sqft$893 /sqft$16,754 /mo all-in ↓

35 WATERGATE DRIVE UNIT 1506, SARASOTA, FL, 34236

Active135 days on marketListed Mar 12, 2026MLS #A4685943

CondominiumTHE TOWER RESIDENCES

About this home

35 WATERGATE DRIVE UNIT 1506

Perfectly placed on the 15th floor of the Ritz-Carlton managed Tower Residences, this corner residence captures sweeping panoramas of Sarasota Bay, the Bayfront yacht basin, the downtown skyline, and vibrant city lights stretching toward the horizon. Spanning nearly 2,800 square feet, the open floor plan is designed to frame water and city views from nearly every room while offering comfortable spaces for both everyday living and entertaining. Travertine flooring flows throughout the main living areas, creating a cohesive foundation for the light-filled interior. The great room is surrounded by walls of floor-to-ceiling windows and glass sliders that open to the residence’s largest terrace, creating a seamless indoor-outdoor connection and an ideal setting for taking in Sarasota’s skyline and waterfront activity. Just beyond, the dining area is positioned to capture sweeping views while remaining conveniently connected to the kitchen. The chef’s kitchen blends functionality with timeless design, featuring natural wood cabinetry, granite countertops, stainless steel appliances, and a breakfast bar that opens to the living areas. This thoughtful layout encourages effortless entertaining while maintaining clear sightlines to the water and city skyline. All bedrooms feature bamboo hardwood flooring, offering warmth and contrast to the stone flooring in the main living spaces. The primary suite is privately positioned and serves as a relaxing retreat, complete with direct terrace access, dual walk-in closets, and a spacious marble en-suite bath with split vanities, soaking tub, and separate shower. The guest suite includes its own walk-in closet and a private terrace, while the third bedroom—currently arranged as a den or office—provides flexibility for guests or remote work. The residence includes two secure under-building parking spaces and an air-conditioned owner’s storage unit located on the third floor. Life at The Tower Residences offers the full benefit of Ritz-Carlton services and amenities. Residents enjoy concierge assistance, valet parking, and 24-hour room service from the adjacent Ritz-Carlton Hotel. Community features include a resort-style pool and spa (currently being updated), outdoor grilling and dining areas, an expansive social room with catering kitchen and fireplace, a theater, billiards and recreation room, elegant library and boardroom, and a fully equipped fitness center with locker rooms, sauna, steam room, and massage facilities. Located in the heart of downtown Sarasota, this residence places the city’s waterfront lifestyle just outside your door. Marina facilities are less than half a mile away, while nearby Bayfront Park, the Sarasota Opera House, Van Wezel Performing Arts Hall, and numerous galleries and theaters anchor the city’s vibrant cultural scene. St. Armands Circle’s boutiques and restaurants are less than two miles away, and the white sands of Lido Key and Longboat Key’s Gulf beaches are only minutes from the property—bringing the very best of Sarasota living within effortless reach.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

2,799

Sqft

1.95 ac

Lot size

2

Garage

2003

Year built

One

Levels

$893

Per sqft

City & Water viewPets allowed

Inside

FlooringTravertine · Hardwood
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Microwave · Refrigerator · Washer
InteriorCeiling Fan(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · Living Room/Dining Room Combo · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Stone Counters · Tray Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofConcrete
ConstructionBlock · Stucco
FoundationStilt/On Piling
ViewCity · Water
FacesEast
ParkingElectric Vehicle Charging Station(s) · Garage Door Opener · Garage Faces Side · Ground Level · Guest · Portico · Under Building · Valet
ExteriorBalcony · Lighting · Sliding Doors

Community & fees

Taxes (2025)$26,067/yr
PetsBreed Restrictions, Number Limit, Size Limit, Yes
CommunityAssociation Recreation - Owned · Buyer Approval Required · Community Mailbox · Deed Restrictions · Fitness Center · Pool · Sidewalks · Special Community Restrictions

Utilities & systems

UtilitiesCable Available · Electricity Connected · Phone Available · Public · Sewer Connected · Underground Utilities · Water 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.

$16,754 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$13,484
PMI (est., until 20% equity)$937
Property tax — 2025 actual bill$2,172
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $249,900Loan30-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% · $249,900
Interest rate6.00%
Loan term

Estimated payment

$16,754/mo

Principal & interest$13,484
PMI (est., until 20% equity)$937
Property taxes (actual bill)$2,172
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 $2.5M
$2.0MedgeAI estimate $2,268,514 · range $2.1M$2.6M$2.7M

vs edgeAI estimate

+10.2%

$/sqft vs Sarasota actives

$893 vs $330

Days on market

135 vs 58 typical

Where $893/sqft sits among the 400 Sarasota actives

229
60
33
24 · this home
21
33
$154–391$391–628$628–865$865–1102$1102–1339$1339+

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 35 WATERGATE DRIVE UNIT 1506 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 marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

158 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 194% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Mar 12, 2026Listed at $2,499,000 · 135 days on market since
2003Built · THE TOWER RESIDENCES

Reality check

What actually sold near 35 WATERGATE DRIVE UNIT 1506

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

35 WATERGATE DRIVE UNIT 503Sold · Apr ’26

$1,925,000

35 WATERGATE DRIVE UNIT 503 · same community

3 bd · 3 ba · 2,990 sqft · $644/sqft · 639 DOM

35 WATERGATE DRIVE UNIT 1005Sold · Jun ’26

$2,850,000

35 WATERGATE DRIVE UNIT 1005 · same community

4 bd · 4 ba · 3,659 sqft · $779/sqft · 104 DOM

35 WATERGATE DRIVE UNIT 1101Sold · Jul ’26

$3,250,000

35 WATERGATE DRIVE UNIT 1101 · same community

3 bd · 3 ba · 3,751 sqft · $866/sqft · 474 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 35 WATERGATE DRIVE UNIT 1506 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 35 WATERGATE DRIVE UNIT 1506 — 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.

Goes straight to David’s phone and CRM.

Straight answers

35 WATERGATE DRIVE UNIT 1506 FAQs

What would the monthly payment be for 35 WATERGATE DRIVE UNIT 1506?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,754/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 35 WATERGATE DRIVE UNIT 1506?+

The most recent tax bill on record (2025) was $26,067. 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 35 WATERGATE DRIVE UNIT 1506?+

The listing reports pets: Breed Restrictions, Number Limit, Size 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 $2,499,000, this home is listed about 338% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 35 WATERGATE DRIVE UNIT 1506?+

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

$2,499,000 runs 194% above the SARASOTA 34236 median — but at 2,799 sqft it's also 67% larger than the typical Sarasota listing.

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

135 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.

Listing courtesy of COLDWELL BANKER REALTY · Roger Pettingell. MLS #A4685943.

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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