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Ritz-Carlton Condominium Update.

July 7, 2007

Currently, there are 18 units available at the Ritz on Lido Key.  Prices range from $1,875,000 for a 3,057 square foot unit to $4,850,000 for a 4,194 unit.  Prices vary based upon view and location within the building.  You can click here to view the full details on each of these available units.  At the Ritz-Carlton in downtown Sarasota, there are units available ranging in price from $1,349,000 for a 2,990 square foot unit to $5,295,00 for a 4,704 square foot four bedroom unit.  You can click here to view the full details on each of these.

Although the Ritz-Carlton lifestyle is not within everyone’s budget, the properties at the Ritz represent some of the best values in luxury Sarasota condominiums.  The average price per square foot at the Ritz-Carlton Beach Residences on Lido Key is $887 and the average price per square foot a the Ritz downtown is $716.  By contrast, there are 92 luxury condominiums priced at $1 million or more on the market on Longboat Key and on Siesta Key there are 102.  The average price per square foot of these is $773 and $844 respectively.

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