Sarasota, FL
Ritz-Carlton Tower Residences
Eighty residences across 17 stories at 35 Watergate Drive, completed in 2003 beside the Ritz-Carlton hotel. Floor plans run from roughly 1,400 to 4,700 square feet. This is the standalone tower, not the residences inside the hotel itself, a distinction worth getting right because the two carry different fees and different service packages.
Home Types
Bayfront luxury condominium
Amenity Level
Ultra-Luxury
HOA (Yearly) Est.
$43,356 - $59,580
CDD (Yearly) Est.
None
Flood Zone
X
Fee estimates may vary by lot size and sub-association. View all community fees →
Community size
80
homes
community record
Amenities & lifestyle
- Residents' concierge
- 24-hour staff
- In-residence dining
- 24-hour valet
- Housekeeping services
- On-site management
Michael’s Take
Distinct from the Residences above the hotel and from The Grand. All three are listed interchangeably and are not the same product.
How Ritz-Carlton Tower Residences compares
At an estimated $51,468 a year in combined HOA and CDD, Ritz-Carlton Tower Residences sits about 276% above the Sarasota median of $13,676, ranking 83 of the 90 Sarasota communities whose fees this site tracks. There is no CDD assessment here, which is what keeps that figure down.
Estimates from the same dataset behind the fee pages and the True Cost Index. Fees vary by lot size and sub-association, and change with each budget.
Governing Documents
HOA & community documents for Ritz-Carlton Tower Residences
0 documents published by the association and linked to the page each one lives on. Nothing is copied here, so you read whatever they publish today.
Tower Residences Condo Assn Inc
Condominium associationMatched to Ritz-Carlton Tower Residences because: Florida’s register of condominiums records this association as the managing entity of The Tower Residences, a condominium at 35 Watergate Drive, which is the address this site gives for the community, and the unit count agrees EXACTLY, 80 against 80, which is two independent government records landing on the same number. THE ADDRESS ALONE WOULD NOT BE ENOUGH: the register sometimes stores the managing entity’s mailing address in that field rather than the building’s, which is how two unrelated condominiums both came back for one Cocoanut Avenue address during this research. The unit count is what confirms it. THESE ARE TWO DIFFERENT BUILDINGS, not one page duplicated: this site also lists a Residences at The Ritz-Carlton page, which the county roll puts at 49 units at 1111 Ritz-Carlton Drive, while this one is 80 units at 35 Watergate Drive. The register agrees with both counts, so it confirms the two pages are distinct rather than collapsing them.
Who to contact
- Contact role
- Condominium association; the state register names it as the managing entity
No individual officer, director or manager is listed here. The register names the managing corporation; the current board is a matter for the association or Sunbiz.
Board members and officers are not listed here. They change often, and their names are on the association’s own records and in the state’s corporate filings, which is where they should be read from rather than from a page that cannot keep up.
Tower Residences Condo Assn Inc
No public documents have been located for this association yet.
Nothing found is not the same as nothing in force. Every community in Florida with an association has governing documents; this says only that they have not been found in a public place.
The governing body is known and nothing it publishes is public. That is a gap in what has been published, not evidence that the community has no restrictions. This list records what has been found in public, not everything that governs the property. Before an offer I pull the full document set for the specific address along with the association’s budget and financials.
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Ritz-Carlton Tower Residences FAQ
What kind of homes are in Ritz-Carlton Tower Residences?+
Ritz-Carlton Tower Residences offers bayfront luxury condominium. Attached homes carry an association that maintains the building itself, so the fee covers more than it would on a single-family home and the association's reserves matter to you directly. What a specific home includes, and what the association maintains, is set out in that community's documents and is worth reading before an offer rather than after.
What amenities does Ritz-Carlton Tower Residences have?+
Ritz-Carlton Tower Residences offers Residents' concierge, 24-hour staff, In-residence dining, 24-hour valet, Housekeeping services, among others. Worth separating two things that often get blurred together: amenities the HOA maintains and which every owner pays for, and club or golf facilities that may require a separate membership on top. Which category each amenity falls into determines your actual annual cost, and it is set out in the community documents rather than in any listing.
Does Ritz-Carlton Tower Residences have an HOA or CDD fee?+
Ritz-Carlton Tower Residences has an HOA fee estimated at $43,356 - $59,580 yearly, and the fee data for this community records no CDD assessment. A community development district bills through your property taxes rather than through the association, and its assessment can carry two separate components: debt service, which repays the bonds that funded roads, drainage and amenities, and an operations and maintenance charge, which does not end with the bonds. A community without a district avoids both as currently assessed. Figures are estimates, assessments are set annually, and both vary by home and phase, so confirm them for the specific address before relying on them.
What flood zone is Ritz-Carlton Tower Residences in?+
The flood zone recorded for Ritz-Carlton Tower Residences is X. Zones beginning A or V are the higher-risk categories, where a federally backed mortgage generally requires flood insurance, while zone X is lower risk and coverage is usually optional. Flood zone is assigned per property rather than per community though, and elevation can change both the requirement and the premium substantially, so get the zone and the elevation certificate for the exact address rather than relying on a community-level figure.
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