555 Quay COMMON, #404, Sarasota, FL, 34236 | $3,899,000

One or more photo(s) has been virtually staged. Pre-Construction. To be built. At least one photo has been virtually staged. Prepare to be captivated by the essence of luxury living in the prestigious preconstruction of the 20-story Ritz-Carlton Residences, located in the vibrant heart of Sarasota's downtown cultural district, Quay Sarasota. Offering an exceptional living experience, Residence #404 boasts over 3, 800 square feet of meticulously designed space, featuring three bedrooms, three and a half baths and a den all facing west to embrace stunning views. Elevate your lifestyle as you step into the great room, accessed via a private elevator, where soaring 12-foot ceilings and expansive windows bathe the space in natural light, seamlessly merging with the picturesque harbor vistas. The kitchen is a culinary haven, boasting European cabinetry, quartz countertops, and state-of-the-art Wolf and Sub-Zero appliances. Step outside onto expansive terraces, complete with BBQ grilling areas and glass railings, offering a perfect setting to savor the panoramic water views. Personalization awaits to select interior finishes, from flooring to cabinets and countertops. Residents can indulge in a wealth of wellness amenities, including a cutting-edge fitness center, spacious movement studio, and private training room. For moments of relaxation, the waterfront Wellness Center awaits, featuring hot and cold plunge pools, sauna and steam rooms, and private treatment rooms. Adding to the allure of the community is a spacious Sports Lounge with a golf simulator, providing endless entertainment options. Experience a life enriched by impeccable service, where every detail, from leisurely outings to special occasions, is meticulously attended to. Embrace effortless days spent in the company of loved ones, immersed in the unparalleled luxury of Ritz-Carlton living.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 20
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Complex: RITZ-CARLTON RESIDENCES, SARASOTA BAY
  • Year Built: 2024
  • Approx Sq. Feet: 3,553
  • Acreage: 0.98
  • Est. Taxes: $0
  • Condo Fee: $3,613 Monthly
  • View: City, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: A4604896
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/A4604896/555quaycommon_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 6/26/2024 3:32:08 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

555 Quay COMMON, #404, Sarasota, FL, 34236

$3,899,000

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 $3,119,200 $3,119,200 $3,119,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.002% 6.936%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,015 $20,491 $27,602
Total Monthly Payment $21,140 $20,616 $27,727

* 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.