1111 N GULFSTREAM AVENUE UNIT 5B, SARASOTA, FL, 34236
Active8 days on marketListed Jul 28, 2026MLS #A4701390
About this home
1111 N GULFSTREAM AVENUE UNIT 5B
One Watergate condominium in Downtown Sarasota, Florida has location and endless views. Enjoy this 5th floor fully furnished turnkey unit with balcony offering water, marina, and city views, and then watch the night unfold, watching the sunsets! So many details to see. The property has completed many updates within the past 5 years. From new elevators, roof, underground plumbing lines, exterior paint, updated pool, landscaping, lighting, grills & pool furniture, and new fitness center. A complete building remodel includes new tile, carpeting, wall paper, lighting, full catering kitchen and community room, and unit doors from 18th floor down. Live here and enjoy a walkable Downtown lifestyle of the Sarasota Arts, restaurants, entertainment and the bay parks. The Ritz spa packages are available to the public. Or pick up the Bay Runner free trolley steps away which stops on St Armand's Circle and Lido Key Beach. One year lease minimum.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,575
Sqft
2.82 ac
Lot size
1
Garage
1974
Year built
One
Levels
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$189 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$189/mo
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
$3 vs $344
Days on market
8 vs 61 typical
Where $3/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 Tower Residences At The Ritz Carlton
Drive times from this address
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $500K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
160 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 100% below the SARASOTA 34236 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1111 N GULFSTREAM AVENUE UNIT 5B
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$675,000
1111 N GULFSTREAM AVENUE UNIT 4E · same community
2 bd · 2 ba · 1,575 sqft · $429/sqft · 229 DOM
Sold · Mar ’26$1,125,000
1111 N GULFSTREAM AVENUE UNIT 16F · same community
2 bd · 2 ba · 1,577 sqft · $713/sqft · 88 DOM
Sold · 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1111 N GULFSTREAM AVENUE UNIT 5B — start here.
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 5B — 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.
Straight answers
1111 N GULFSTREAM AVENUE UNIT 5B FAQs
What would the monthly payment be for 1111 N GULFSTREAM AVENUE UNIT 5B?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $189/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 5B?+
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 $4,000, 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 5B?+
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.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Brenda Cozy. MLS #A4701390.
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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