401 Quay Commons, #1101, Sarasota, FL, 34236 | $6,995,000

Move right into this exceptional, turnkey-furnished downtown Ritz residence, designed with impeccable style and luxury. Located on the 11th floor, this corner unit boasts stunning panoramic views of the yacht harbor at Quay Sarasota, extending over Sarasota Bay to the Gulf of Mexico. Every inch of this contemporary home exudes sophistication and is thoughtfully appointed for effortless living. Step into your private, residents-only elevator from secure parking and arrive at your personal elevator lobby. The service elevator and oversized lobby, with a separate entrance, ensures smooth and discreet deliveries. Through the grand double-door entry, you are greeted by nearly 3, 800 square feet of open-concept living, with 11-foot ceilings and floor-to-ceiling impact glass windows framing breathtaking water and city views from every angle. Luxury porcelain tile flooring flows seamlessly throughout, tying together the modern design elements. This residence is equipped with contemporary light fixtures, 8-foot solid core doors, wired for smart home capabilities, with built-in features including ample shelving, a wet bar, and workstations. At the heart of the home is a gourmet kitchen, featuring sleek quartz countertops, a large island with waterfall edge, custom European cabinetry, and top-tier appliances, many hidden with custom cabinet covers. The open layout of the great room, dining and chef’s kitchen is perfect for entertaining. Three expansive terraces with glass railings offer unobstructed views. The main terrace includes a built-in stainless-steel grill station for outdoor cooking and dining while enjoying Sarasota's stunning sunsets. The primary bedroom is a private oasis, featuring its own bayfront terrace, dual walk-in closets, and a luxurious marble-clad en-suite bathroom. This spa-inspired space includes an oversized walk-in shower, dual vanities, and a private water closet. On the opposite side of the residence are two guest suites, offering privacy for visitors. One suite features its own walk-in closet, while the other enjoys a private terrace. A den provides additional space for work or relaxation. This residence comes complete with two secure parking spaces and climate-controlled storage. As part of a Ritz-Carlton managed property, you will enjoy an unparalleled level of service and luxury amenities. The resort-style pool and spa are complete with cabanas, a 70-foot lap pool, poolside bar, social and club rooms, and a news/sports café. Maintain your wellness routine at the state-of-the-art fitness center with a dedicated yoga room. Other amenities include a boardroom, multi-purpose room, dog park with pet washing station, 24-hour concierge, valet parking, and on-site management. Additional services such as in-residence dining, housekeeping, and laundry are available, making this the ultimate in convenient, luxury living.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 18
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Vehicle Restrictions
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: RITZ-CARLTON RESIDENCES, SARASOTA
  • Year Built: 2021
  • Approx Sq. Feet: 3,798
  • Est. Taxes: $60,699
  • Condo Fee: $13,759 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Golf Course, Near Marina, Sidewalk
  • View: City, Pool, Water
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4624489
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/A4624489/401quaycommons_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 12/4/2024 3:20:15 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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

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401 Quay Commons, #1101, Sarasota, FL, 34236

$6,995,000

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 $5,596,000 $5,596,000 $5,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.636% 6.684%
Monthly Tax Payment $5,058 $5,058 $5,058
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,832 $35,371 $48,747
Total Monthly Payment $41,015 $40,554 $53,930

* 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.