Kat Bonelli
$649,000$749,0002 bd2 ba1,575 sqft$412 /sqft$4,412 /mo all-in ↓

1111 N GULFSTREAM AVENUE UNIT 10E, SARASOTA, FL, 34236

Active140 days on marketListed Mar 21, 2026MLS #A4686980

Priced 21% below the SARASOTA 34236 medianReduced $100KCondominiumONE WATERGATE

About this home

1111 N GULFSTREAM AVENUE UNIT 10E

Perfectly positioned on the 10th floor at One Watergate, Residence #10E offers a light-filled downtown Sarasota lifestyle with sweeping city views that extend to Sarasota Bay and the iconic John Ringling Bridge. Ideally located along Gulfstream Avenue, this residence places you just steps from the waterfront, marina, and the cultural energy that defines downtown living. Spanning approximately 1,575 square feet of interior living space, the open-concept layout is designed for both comfort and functionality. Expansive impact-rated windows and sliding glass doors (updated in 2017) frame the skyline while filling the residence with natural light. Tile flooring runs throughout, creating a cohesive flow from room to room and enhancing the ease of maintenance. The living and dining areas connect seamlessly to the kitchen, where solid-surface countertops, breakfast bar seating, and ample cabinetry support both everyday living and entertaining. Just beyond, sliding glass doors open to an oversized terrace—an inviting outdoor extension of the living space and an ideal setting to enjoy morning light or evening city views. The split-bedroom floor plan enhances privacy. The primary suite is a comfortable retreat featuring direct terrace access, an oversized walk-in closet with dressing area, additional linen storage, and an en-suite bath. The guest bedroom is positioned on the opposite side of the residence and also enjoys water views, making it ideal for visitors or flexible use as a home office. Additional highlights include two secure under-building parking spaces—an uncommon convenience for downtown living—as well as access to community laundry facilities located on each floor. One Watergate is a well-established downtown community that has recently undergone extensive renovations, further elevating its appeal. Improvements include new impact windows and exterior doors throughout the building, a new roof, renovated corridors, a refreshed lobby with updated elevator and mailroom, a new fitness center (currently being completed), conference room/library, and enhanced common areas and landscaping. Residents enjoy secure building access, on-site management, a resurfaced swimming pool with pavered sun deck, grilling area, and newly updated tennis and pickleball courts. Located in the heart of Sarasota’s Cultural Coast, this residence offers exceptional proximity to everything the city has to offer. Marina Jack, Bayfront Park, and the waterfront promenade are just moments away, while the Sarasota Opera House, Florida Studio Theatre, and Selby Gardens anchor the area’s vibrant arts scene. St. Armands Circle and Lido Beach are only minutes away, providing access to boutique shopping, waterfront dining, and Gulf-front relaxation. Residence #10E presents an opportunity to enjoy walkable downtown living with city and water views, generous interior space, and the convenience of a well-updated community in one of Sarasota’s most desirable locations.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,575

Sqft

2.82 ac

Lot size

2

Garage

1974

Year built

One

Levels

$412

Per sqft

City & Water viewPets allowed

Inside

FlooringTile
AppliancesDishwasher · Disposal · Microwave · Range · Refrigerator
InteriorEating Space In Kitchen · Elevator · Living Room/Dining Room Combo · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Walk-In Closet(s) · Window Treatments
LaundrySame Floor As Condo Unit
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofBuilt-Up
ConstructionConcrete
FoundationStilt/On Piling
ViewCity · Water
FacesSouthwest
ParkingAssigned · Covered · Electric Vehicle Charging Station(s) · Garage Door Opener · Ground Level · Guest · Under Building
ExteriorBalcony · Irrigation System · Lighting · Outdoor Grill · Sliding Doors · Tennis Court(s)

Community & fees

Taxes (2025)$6,085/yr
PetsYes
CommunityAssociation Recreation - Owned · Buyer Approval Required · Community Mailbox · Deed Restrictions · Pool · Special Community Restrictions · Tennis Court(s)

Utilities & systems

UtilitiesCable Available · Electricity Connected · Phone Available · Public · Sewer Connected · 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.

$4,412 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,502
PMI (est., until 20% equity)$243
Property tax — 2025 actual bill$507
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $64,900Loan30-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% · $64,900
Interest rate6.00%
Loan term

Estimated payment

$4,412/mo

Principal & interest$3,502
PMI (est., until 20% equity)$243
Property taxes (actual bill)$507
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 $649K
$623KedgeAI estimate $1,159,503 · range $1.1M$1.4M$1.4M

vs edgeAI estimate

−44%

$/sqft vs Sarasota actives

$412 vs $345

Days on market

140 vs 62 typical

Where $412/sqft sits among the 400 Sarasota actives

225
58 · this home
35
33
20
29
$158–385$385–612$612–839$839–1065$1065–1292$1292+

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 10E 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 seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

162 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 21% below the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $649,000 $100K
Mar 21, 2026Listed at $749,000 · 140 days on market since
1974Built · ONE WATERGATE

Reality check

What actually sold near 1111 N GULFSTREAM AVENUE UNIT 10E

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.

Kat Bonelli

Your agent

Kat Bonelli

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1111 N GULFSTREAM AVENUE UNIT 10E — 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 10E — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Kat's phone and CRM.

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Goes straight to Kat’s phone and CRM.

Straight answers

1111 N GULFSTREAM AVENUE UNIT 10E FAQs

What would the monthly payment be for 1111 N GULFSTREAM AVENUE UNIT 10E?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,412/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 1111 N GULFSTREAM AVENUE UNIT 10E?+

The most recent tax bill on record (2025) was $6,085. 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 1111 N GULFSTREAM AVENUE UNIT 10E?+

The listing reports pets: 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 $649,000, this home is listed about 15% above the Sarasota median of $565,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1111 N GULFSTREAM AVENUE UNIT 10E?+

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

Four things that matter here

01Under the SARASOTA 34236 market on paper

$649,000 is 21% below the SARASOTA 34236 median of $820,000, and at $412/sqft it sits under the Sarasota average of $495.

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

140 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $749,000, now $649,000 — a $100K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER REALTY · Roger Pettingell. MLS #A4686980.

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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