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.
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Our Executive Mortgage Banker:
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$6,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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.