Top Sale

Top Sale: A Four-Million-Dollar Sand Castle on Lido Key

A Ritz Beach Residence tops July sales at $4.3 million.

By Ilene Denton August 7, 2017

1300 benjamin franklin dr m7rwao

This 12th floor penthouse at The Beach Residences at The Ritz-Carlton, Sarasota was July's top residential sale.

A 12th floor penthouse at The Beach Residences at The Ritz-Carlton, Sarasota on Lido Key sold for $4.3 million, making it Sarasota County’s top residential sale for the month of July. The 3,872-square-foot condo has four bedrooms, three-and-a-half baths, a luxurious master suite and Gulfside balcony to revel in the sunset views. It originally was listed in February at $4,950,000. The listing agent was Larry Ziegler of Michael Saunders & Company; Oliver McConnell of McConnell and Associates was the selling agent. It originally sold for $4.2 million when The Beach Residences was completed in 2005. Ziegler tells us the purchaser is already a resident of the building who wanted a larger unit.

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