RITZ CARLTON RESIDENCES in SARASOTA

RITZ CARLTON RESIDENCES
Homes for Sale in SARASOTA, FL

Community in SARASOTA · Sarasota County · ZIP 33629
9 homesBuilt 2001–2023Median sale $2.48M
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · RITZ CARLTON RESIDENCES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$2.48M
Median sold · 12 mo
down 43.8% vs the prior 12 months
-43.8%
1-yr price change
n = 8 and 3 sales in the two windows
$882/sf
Sold $/sqft · 12 mo
peak $1432 in 2025
81.6%
Sale vs ask
+166%
T12M median vs 2012
from a $930K median in 2012
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
328days
Median DOM · closed
79 days at the 2025 low
0%
Under contract
Sarasota: 25% (1,589 of 6,445)
4 · 0
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · RITZ CARLTON RESIDENCES
6 of 9 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · RITZ CARLTON RESIDENCES
incl. 22% trust or LLC-held · 22% out-of-state
75%
Cash buyers · RITZ CARLTON RESIDENCES
6 of 8 sales, 12 mo ending June 2026
9
Homes in the community
9 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 2001
Community established
homes built 2001-2023, median 2001 (FL DOR 2025)
5
Failed listings · 2026
peaked at 11 in 2011
2,938sqft
Median sold home size
12-mo windows, closed sales
88.9%/yr
Turnover rate
about 8 of 9 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is set almost entirely by the building and the view, not by square footage alone. With a median of $2,150,000 and a median price per square foot of $810.81, the spread across units likely reflects floor level, finish package, and exposure more than location within Tampa itself.

A median of 353 days on market tells you this is not a segment that moves on impulse. Combined with six months of supply and only 4 active listings, the read is a market that is balanced on paper but thin in practice - sellers should expect a longer runway to the right buyer, and buyers should expect limited choice at any given moment rather than a deep pool to negotiate against.

RITZ CARLTON RESIDENCES Housing Pulse · Momentum Research · as of August 2, 2026

RITZ CARLTON RESIDENCES right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (4 active and pending listings, 8 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($2.48M) is down 43.8% from the prior 12 months ($4.40M) and up 166% since 2012. With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (8 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

RITZ CARLTON RESIDENCES market snapshot (as of August 2, 2026): the median sale price is about $2.48M ($882 per sq ft over the trailing 12 months of closed sales), a median 328 days on market for closed sales, and 6.0 months of supply, a balanced market. The trailing-12-month median is down 44% from the prior 12 months and up 166% since 2012, computed from record-level Stellar MLS closed sales (8 closings in the current window).

RITZ CARLTON RESIDENCES is a community of 9 homes in SARASOTA, Sarasota County, built between 2001 and 2023 (median 2001), with a median living area of about 2,335 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Ritz Carlton Residences sits at the top end of Tampa's condominium market, with pricing driven by unit-specific factors - finish, floor, and view - more than by broad neighborhood trends.

Best for

  • Buyers prioritizing full building amenities and secured access over unit count or turnover speed.
  • Buyers who can be patient through a longer marketing period on either side of the transaction.
  • Buyers comparing this building specifically against other high-end Tampa condominium options.

Probably not for

  • Buyers who need a fast closing timeline in a market with very few active listings.
  • Buyers expecting a wide range of unit choices to compare side by side at any one time.
  • Buyers unwilling to evaluate pricing unit by unit given the wide variation in finish and floor.

Windows contain 0 to 8 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$2M$4M20122014201620182020202220242026
Down 43.8% year over year; up 166% since 2012.
Every sale since 2004 · price vs size
$0$2.5M$5M$7.5M2k4k
54 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$500$1K$2K20122014201620182020202220242026
Up from $418 in 2012 to a $1432 peak in 2025; $882 now.
Median days on market · closed sales
20040020122014201620182020202220242026
79 days at the 2025 low; 328 now.
Sale price vs original ask · median
85%90%20122014201620182020202220242026
81.6% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 8 in the current window.
Sellers who gave up · failed listings per year
05102004200820122016202020242026
Canceled, expired, or withdrawn. 11 quit in 2011; 5 so far in 2026. The clearest stress gauge a community has.

The Ritz-Carlton Residences, Tampa Market Scorecard

Seller's market

The Ritz-Carlton Residences, Tampa is currently a seller's market. About 3.0 months of supply, a median asking price of $2,847,500, and homes go under contract in about 34 days.

3.0
Months supply
$2,847,500
Median list
$2,412,500
Median sold
$1071
Per sqft
34
Days on mkt
2/0/8
Active/Pend/Sold

Typical home value in the 33629 ZIP is $1,041,130, about 31.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in RITZ CARLTON RESIDENCES, SARASOTA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.62%
4 of 642 listings · short sale 3, auction 1
Distress share trend - 0.62% now (2026-08-10 → 2026-08-18)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in RITZ CARLTON RESIDENCES

Live MLS inventory for RITZ CARLTON RESIDENCES. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending RITZ CARLTON RESIDENCES listings as of 2026-08-19, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Sarasota County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Alta Vista Elementary · Elementary
  • Booker Middle · Middle
  • Booker High · High

Zoned schools reflect the assignments reported on recent RITZ CARLTON RESIDENCES listings and can change; always confirm with Sarasota County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any RITZ CARLTON RESIDENCES address.

Recent Developments in Ritz Carlton Residences

Development, infrastructure, retail, and school activity affecting Ritz Carlton Residences, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum74/100 · High
  1. July 2026
    Development

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The site is about 1 mile south of Ritz Carlton Residences.

    Source: Florida YIMBY
  2. July 2026
    Infrastructure

    New Interstate 75 interchange planned for Parrish area access

    A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.

    What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 25 miles south of Ritz Carlton Residences, elsewhere in Hillsborough County.

    Source: Tampa Bay Times
  3. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 4 miles north of Ritz Carlton Residences, elsewhere in Hillsborough County.

    Source: City of Tampa
  4. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 3 miles northeast of Ritz Carlton Residences, elsewhere in Hillsborough County.

    Source: Bay News 9

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in RITZ CARLTON RESIDENCES today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in RITZ CARLTON RESIDENCES.

Best Buy
Buyers focused on a full-service, amenity-rich building in Tampa rather than a specific price point.
Biggest Risk
A long typical hold before sale means this is not a quick-turnaround position.
Sweet Spot
A buyer comfortable with condition-driven pricing and prepared to wait for the right unit rather than the first one.
Avoid If
You need a fast, predictable sale timeline or a wide selection to compare at any given moment.

A thin, patient market

The building's amenity roster - pool, fitness center, spa, sauna, tennis courts, a dog park, and secured, key-card-controlled access with attended lobby and elevators - is built for a full-service, low-maintenance ownership experience rather than a typical condo stack. Storage and secured garage parking round out the practical side of that package.

With only 4 active listings and a recent closings window of 7, this is a market where inventory turns over in small numbers. A 353-day median days-on-market figure paired with six months of supply reads as balanced rather than urgent, but at this scale a single listing or closing can swing the numbers meaningfully. Pricing decisions here should be made unit by unit, not off a market-wide average.

The location and the amenities are priced into every listing in RITZ CARLTON RESIDENCES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.1C- · Buy Score
Long-Term Appreciation9.6/10
Recent Direction0.0/10
Liquidity & Demand4.0/10
Owner Commitment6.7/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (4.1). Basis: Long-Term Appreciation +166% since 2012; Recent Direction -43.8% year-over-year; Liquidity & Demand 6.0 months of supply; Owner Commitment 67% owner-occupied; Pricing Power 81.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a building where active listings can be counted on one hand, timing and access to off-market conversations matter more than in a high-volume community. We track this building closely enough to tell you how a specific unit's pricing compares to what has actually closed, not just what is currently listed.

RITZ CARLTON RESIDENCES in 15 seconds.

Best forBuyers focused on a full-service, amenity-rich building in Tampa rather than a specific price point.
Biggest advantageLow-density inventory means less competition for the units that do come to market.
Biggest riskA long typical hold before sale means this is not a quick-turnaround position.
Sweet spotA buyer comfortable with condition-driven pricing and prepared to wait for the right unit rather than the first one.
Avoid ifYou need a fast, predictable sale timeline or a wide selection to compare at any given moment.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed RITZ CARLTON RESIDENCES sales matched to your home.

What is your RITZ CARLTON RESIDENCES home worth?

Get a no-obligation home value based on real comparable sales in RITZ CARLTON RESIDENCES, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in RITZ CARLTON RESIDENCES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in RITZ CARLTON RESIDENCES?
The median sale price in RITZ CARLTON RESIDENCES was $2.48M over the 12 months ending August 2, 2026 (8 closed sales, Stellar MLS).
How long do homes in RITZ CARLTON RESIDENCES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 328 days on market (8 sales, Stellar MLS).
Is RITZ CARLTON RESIDENCES a buyer's or seller's market right now?
As of August 2, 2026, RITZ CARLTON RESIDENCES is roughly balanced: 6.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in RITZ CARLTON RESIDENCES?
The Florida DOR 2025 assessment roll shows 9 homes in RITZ CARLTON RESIDENCES (public records).
What share of RITZ CARLTON RESIDENCES is owner-occupied?
67% of RITZ CARLTON RESIDENCES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in RITZ CARLTON RESIDENCES built?
Homes in RITZ CARLTON RESIDENCES were built between 2001 and 2023, with a median year built of 2001 (FL DOR 2025 roll).
Do cash buyers compete in RITZ CARLTON RESIDENCES?
Cash buyers took 75% of RITZ CARLTON RESIDENCES sales in the 12 months ending June 2026 (6 of 8 closings, Stellar MLS).
Have RITZ CARLTON RESIDENCES home prices gone up?
The trailing-12-month median is up 166% since 2012, from $930K to $2.48M (Stellar MLS closed records).
Who is the best real estate agent for RITZ CARLTON RESIDENCES?
The best agent for RITZ CARLTON RESIDENCES is one who actively works SARASOTA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for RITZ CARLTON RESIDENCES.
How do I find a top SARASOTA real estate agent who knows RITZ CARLTON RESIDENCES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows RITZ CARLTON RESIDENCES and the wider SARASOTA area.
Can Momentum Realty connect me with an agent for RITZ CARLTON RESIDENCES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your RITZ CARLTON RESIDENCES purchase or sale - no call center and no pressure.
Buyers prioritizing full building amenities and secured access over unit count or turnover speed.Excellent fit
Buyers who can be patient through a longer marketing period on either side of the transaction.Excellent fit
Buyers comparing this building specifically against other high-end Tampa condominium options.Excellent fit
Buyers who need a fast closing timeline in a market with very few active listings.Probably not
Buyers expecting a wide range of unit choices to compare side by side at any one time.Probably not
Buyers unwilling to evaluate pricing unit by unit given the wide variation in finish and floor.Probably not

Nearby Communities

Explore more neighborhoods near RITZ CARLTON RESIDENCES with Momentum Realty’s local guides.

Palma Ceia Park0.3 mi awayBayview Homes Tampa0.5 mi awayAtrium On The Bayshore Tampa0.7 mi awayNew Suburb Beautiful1.0 mi awayNorth New Suburb Beautiful1.0 mi awaySan Orludo Tampa1.1 mi awayParkland Estates Tampa1.2 mi awayHyde Park West Tampa1.4 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33629/34236/34240))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (54 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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The Ritz-Carlton Residences, Tampa appears in these guides

Thinking of selling in RITZ CARLTON RESIDENCES? 8 recorded closings; median 327 days on market (window ending 2026-08-02). See the Sarasota County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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