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$1,795,000

1111 N GULFSTREAM AVENUE UNIT PH-C, SARASOTA, FL 34236

3D Tour
Active66 days on market

Beds

2

Baths

2

Sq Ft

1,736 sq ft

Year Built

1974

Lot Size

—

Garage

3

About This Property

Penthouse luxury with panoramic bay views at One Watergate. Welcome to the top floor of One Watergate’s highly coveted "C" stack, this exceptional penthouse residence offers the ultimate downtown Sarasota lifestyle and amazing iconic city views. The spacious, open-concept floor plan features high ceilings, elegant crown molding, and a grand entryway that leads into a light-filled living space. Includes floor-to-ceiling windows, sliding glass doors with a corner wrap around balcony capturing breathtaking, unobstructed views of Sarasota Bay, the Ringling Bridge, Marina Jack, and the barrier islands. The tastefully designed kitchen flows seamlessly into the dining and living areas, creating an ideal setting for entertaining against a backdrop of sunrise-to-sunset vistas. The primary bedroom is very spacious with a walk-in closet, and the secondary bedroom offers privacy for relaxation, or can be a home office. This residence includes the rare convenience of three dedicated parking spaces and a large private storage unit. One Watergate has recently undergone stunning contemporary renovations to its lobby and common areas. Residents enjoy premium resort-style amenities, including a pool, tennis and pickleball courts, a fitness center, EV charging stations, and secure kayak storage. Residents also have attentive on-site management that provides an added layer of comfort and peace of mind. Located steps from world-class dining, theaters, and the Sarasota Farmers Market, with Lido Beach just over the bridge. Ready to live where every day feels like a vacation? Contact us for a private tour.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4701933
StatusActive
Year Built1974
Stories18
Total Rooms7
ConstructionBlock, Concrete, Stucco
RoofBuilt-Up, Membrane
FoundationStilt/On Piling
FacesNorthwest
SubdivisionONE WATERGATE
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Lighting, Sliding Doors
Lot FeaturesFloodZone, City Lot, In County, Landscaped, Sidewalk
Road SurfacePaved
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$1,795,000
Original Price$1,880,000
Annual Taxes$16,008 (2025)
ZoningDTB
Parcel #2010013104

Schools

ElementaryAlta Vista Elementary
MiddleBooker Middle
HighBooker High

Directions

From US 41, approach One Watergate by entering the Ritz Carlton, continue around and down the hill and One Watergate is on the left. From the Ringling Bridge, turn left at the light and follow to the parking lot.

Location

1111 N GULFSTREAM AVENUE UNIT PH-C, SARASOTA, FL 34236

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedAugust 3, 2026

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Home Price

$1,795,000

20% ($359,000)
6.75%

Loan Term

Principal & Interest$9,314
Property Tax (est.)$1,645
Insurance (est.)$150
Total Monthly$11,109
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $1,795,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$179,500 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$269,250 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$359,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: October 8, 2026.

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