555 Quay COMMON, #803, Sarasota, FL, 34236 | $4,749,000

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Are you ready to experience the pinnacle of living in the vibrant heart of Sarasota? Look no further than The Ritz-Carlton Residences, Sarasota Bay. This iconic 20-story building is a masterpiece of elegance brought to you by Kolter Urban and designed by SB Architects. In the heart of Sarasota's downtown cultural district, Quay Sarasota offers a prime waterfront location that promises an unparalleled lifestyle meticulously managed by The Ritz-Carlton. All 78 residences were designed with exterior glass walls that flood the interior with abundant natural light. The spacious terraces provide panoramic views of Sarasota Bay, the yacht harbor and downtown Sarasota. On the fifth floor, this flow-through residence features 3, 863 square feet, a private elevator, 12-foot ceilings, expansive terraces, glass railings and a built-in outdoor grill that beckons you to savor year-round outdoor living. For culinary enthusiasts, the chef-inspired kitchen is a dream come true, featuring premium 10-foot European cabinetry, under-cabinet LED lighting and quartz countertops. The premium appliance package ensures your kitchen is not only functional but also a work of art. Amenities include a social club room, an indoor and outdoor bar, a state-of-the-art waterfront fitness center, a wellness center, hot and cold plunge pools, steam rooms, private treatment rooms, and a pet park. Sports enthusiasts will appreciate the sports lounge, complete with a golf simulator. Enjoy a day on the bay with kayaks or paddleboards from the onsite water sports program. In addition, The Harbor Club, exclusively available to residents, features an exciting collection of additional amenities dedicated to socializing, health and wellness. Over 17, 000 square feet of resort-inspired amenities await. Intrigued? Don't miss your chance to be a part of this exclusive offering.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 19
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Complex: RITZ-CARLTON RESIDENCES, SARASOTA BAY
  • Year Built: 2024
  • Approx Sq. Feet: 3,863
  • Acreage: 0.98
  • Est. Taxes: $0
  • Condo Fee: $3,889 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#: A4618857
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /prop/A4618857/555quaycommon_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 11/14/2024 11:47:07 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

William Raveis Family of Services

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888.699.8876

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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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

555 Quay COMMON, #803, Sarasota, FL, 34236

$4,749,000

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 $3,799,200 $3,799,200 $3,799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,642 $24,642 $33,619
Total Monthly Payment $24,767 $24,767 $33,744

* 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.