Friday, July 14, 2006

Ritz Carlton Tower Residences

The penthouse in The Ritz Carlton Tower Residences sold on the 12th of July for $4,750,000. The listing agent describes this as a gracious Penthouse that offers uninterrupted South & West vistas of the Bay & the Gulf of Mexico. Features include an open & generous floor plan with over 5,000 sq. ft., exceptional appointments throughout including 2 fireplaces, library, gourmet kitchen, & 3 terraces, PLUS A PRIVATE 2 CAR GARAGE. A wealth of world-class amenities: fitness center, swimming pool, private movie theater, in-residence dining, gourmet restaurant, 24 hour concierge service, & maid service. You can be assured the pampering & incomparable service made famous by The Ritz-Carlton!

The Sarasota MLS shows 5 units selling in The Ritz Carlton Residences (hotel building) and The Ritz Carlton Tower Residences so far this year. The least expensive sold was $1,800,000 while this penthouse transaction at $4,750,000 is the most expensive.

This segment of the Sarasota real estate market does not appear to be slow.

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