35 WATERGATE DRIVE, #1506, Sarasota, FL, 34236 | $2,499,000

Perfectly placed on the 15th floor of the Ritz-Carlton managed Tower Residences, this corner residence captures sweeping panoramas of Sarasota Bay, the Bayfront yacht basin, the downtown skyline, and vibrant city lights stretching toward the horizon. Spanning nearly 2, 800 square feet, the open floor plan is designed to frame water and city views from nearly every room while offering comfortable spaces for both everyday living and entertaining.
Travertine flooring flows throughout the main living areas, creating a cohesive foundation for the light-filled interior. The great room is surrounded by walls of floor-to-ceiling windows and glass sliders that open to the residence’s largest terrace, creating a seamless indoor-outdoor connection and an ideal setting for taking in Sarasota’s skyline and waterfront activity. Just beyond, the dining area is positioned to capture sweeping views while remaining conveniently connected to the kitchen.
The chef’s kitchen blends functionality with timeless design, featuring natural wood cabinetry, granite countertops, stainless steel appliances, and a breakfast bar that opens to the living areas. This thoughtful layout encourages effortless entertaining while maintaining clear sightlines to the water and city skyline.
All bedrooms feature bamboo hardwood flooring, offering warmth and contrast to the stone flooring in the main living spaces. The primary suite is privately positioned and serves as a relaxing retreat, complete with direct terrace access, dual walk-in closets, and a spacious marble en-suite bath with split vanities, soaking tub, and separate shower. The guest suite includes its own walk-in closet and a private terrace, while the third bedroom—currently arranged as a den or office—provides flexibility for guests or remote work.
The residence includes two secure under-building parking spaces and an air-conditioned owner’s storage unit located on the third floor.
Life at The Tower Residences offers the full benefit of Ritz-Carlton services and amenities. Residents enjoy concierge assistance, valet parking, and 24-hour room service from the adjacent Ritz-Carlton Hotel. Community features include a resort-style pool and spa (currently being updated), outdoor grilling and dining areas, an expansive social room with catering kitchen and fireplace, a theater, billiards and recreation room, elegant library and boardroom, and a fully equipped fitness center with locker rooms, sauna, steam room, and massage facilities.
Located in the heart of downtown Sarasota, this residence places the city’s waterfront lifestyle just outside your door. Marina facilities are less than half a mile away, while nearby Bayfront Park, the Sarasota Opera House, Van Wezel Performing Arts Hall, and numerous galleries and theaters anchor the city’s vibrant cultural scene. St. Armands Circle’s boutiques and restaurants are less than two miles away, and the white sands of Lido Key and Longboat Key’s Gulf beaches are only minutes from the property—bringing the very best of Sarasota living within effortless reach.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 18
  • Amenities: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: THE TOWER RESIDENCES
  • Year Built: 2003
  • Approx Sq. Feet: 2,799
  • Acreage: 1.95
  • Est. Taxes: $26,067
  • Condo Fee: $13,857 Quarterly
  • Lot Desc: City Lot, Near Marina, Sidewalk
  • View: City, Water
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4685943
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/A4685943/35watergatedrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/9/2026 11:08:39 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-383-6411

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NMLS Mortgage Loan Originator ID 16953

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35 WATERGATE DRIVE, #1506, Sarasota, FL, 34236

$2,499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,999,200 $1,999,200 $1,999,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.235% 6.183%
Monthly Tax Payment $2,172 $2,172 $2,172
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,667 $12,147 $16,870
Total Monthly Payment $13,964 $14,444 $19,167

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.