555 Quay COMMON, #1802, Sarasota, FL, 34236 | $11,499,000

One or more photo(s) has been virtually staged. PreConstruction. One or more photo(s) has been virtually staged. Pre-Construction. To be built. Now taking reservations! Brought to you by Kolter Urban and designed by award-winning SB Architects, this iconic, new, 20-story Ritz-Carlton Residence, Sarasota Bay, residential tower enjoys a prime waterfront location in the heart of Sarasota’s walkable downtown cultural district, Quay Sarasota. 78 ultra-luxury residential condominiums with dramatic exterior glass walls provide abundant natural lighting throughout the building along with spacious terraces that showcase sweeping views of Sarasota Bay, Yacht Harbor, downtown Sarasota cityscape and the Gulf of Mexico. Each residence has exclusive private elevator entry access. This four-bedroom, four-and-a-half-bath, den and family room residence has a flow-through floor plan of 5, 811 square feet with 13-foot ceilings and 12-foot sliding glass doors and windows throughout. Expansive exterior terraces with glass railings and a built-in outdoor grill provide inviting year-round outdoor living areas. Your chef-inspired kitchen includes premium 10-foot-high European kitchen cabinetry and under-cabinet LED lighting. 3-cm quartz countertop choices with full-height backsplashes and a premium appliance package. The owner’s suite includes dual walk-in closets and luxurious spa-like retreats. Some of the amenities include social clubrooms with multiple seating areas as well as indoor and outdoor bars that service the pool deck for entertaining or for a relaxing day by the resort-style pool, a state-of-the-art waterfront fitness center, a spacious movement studio and a private training room followed by hot and cold plunge pools, steam rooms and private treatment rooms, and a sports lounge that includes a golf simulator. There is even more in the robust amenities package. Call or email for an appointment to learn more about this Ritz-Carlton-managed property. Room Feature: Linen Closet In Bath (Primary Bedroom).

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: 4
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Complex: RITZ-CARLTON RESIDENCES, SARASOTA BAY
  • Year Built: 2024
  • Approx Sq. Feet: 5,811
  • Acreage: 0.98
  • Est. Taxes: $0
  • Condo Fee: $5,811 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#: A4567023
  • Days on Market: 328 days
  • Website: https://www.raveis.com
    /prop/A4567023/555quaycommon_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 7/2/2024 12:31:14 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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555 Quay COMMON, #1802, Sarasota, FL, 34236

$11,499,000

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 $9,199,200 $9,199,200 $9,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 6.997%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $61,977 $61,203 $81,405
Total Monthly Payment $62,102 $61,328 $81,530

* 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.