Ritz Carlton Residences in Sarasota, Florida - Market Update

The Ritz Carlton Residences and Tower Residences are two flagship condos in downtown Sarasota, Florida. The Tower Residences is an 80 unit condo building adjacent to the Ritz Carlton hotel and residences. They enjoy all of the amenities of the hotel such as concierge, guest suites, spa, room service, fitness facilities, theatre, swimming pool and spa. The Ritz Carlton Residences are the 48 condos within the Ritz Carlton hotel building. Naturally, they enjoy the same amenities as the hotel guests.

Ritz Carlton Condos Sales Update

• 5 condos sold in 2009 for both buildings
• Lowest sales price - $800,000 - 1 bedroom, 1 bathroom, 1 half bathroom, 1,392 square feet
• Highest sales price - $3,300,000 - 4 bedrooms, 3 bathrooms, 1 half bathroom, 4,971 square feet
• Sales price of other 3 sold units - $1,100,000, $1,512,500 and $1,585,000

Ritz Carlton Condos Currently For Sale

• 16 units for sale
• Lowest asking price - $999,000
• Highest asking price - $3,750,000
• Median asking price - $1,637,500
• Average asking price - $2,004,750

Contact me at 941.812.6272 if I can help you buy or sell a Ritz Carlton condo in Sarasota or any other Sarasota condo.

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