Sublime. Sophisticated. Sarasota’s Ritz-Carlton Residences. The most luxurious waterfront lifestyle coupled with an enticing downtown location. It's waiting to exceed all your expecatations at the BEST PRICE POINT AVAILABLE AT 401 QUAY! Contemporary yet elegant, this 14th floor 3-bedroom, 3. 5 bath residence was completed in 2021 and offers unparalleled amenities and service. Stunning views of Sarasota Bay, downtown and the Gulf of Mexico await as you enter your private elevator and custom foyer. You’ll instantly notice the spacious Emerson floorplan with soaring windows and ceilings – an architectural design that transitions entertaining and relaxing spaces effortlessly. The refined finishes exude quiet luxury – including Wolf and Sub-Zero appliances, modern cabinetry, quartz countertops and an impressive island complete with a luxe waterfall and custom lighting. Entertaining an intimate group with cocktails or a crowd with catering is simplified with a generous dining area, built-in bar, wine fridge and plating area. The living space holds the greatest allure – a haven to relax and gaze westward for stunning sunsets. Step outside your disappearing floor-to-ceiling glass sliders with a favorite beverage to enjoy magnificent Sarasota evenings – complete with grill area and a grande balcony. Your day begins in the owners retreat where morning coffee tastes a bit better on your private bayfront balcony with unobstructed views. Enjoy dual custom closets and a spa-worthy bath with expansive tiled shower with rainhead, custom lighted vanities, porcelain floors and walls, and separate water closet. Lavish accommodations await your guests with ensuite baths and noteworthy views to SRQ’s vibrant downtown and beyond. Thoughtful elevator placement means you’re just steps to two dedicated and secured parking spaces – along with climate-controlled storage and a service entrance. Luxe details include: large-format porcelain floors; 10 & 11 ft ceilings; custom lighting and closets throughout; tray ceilings; impact-rated windows and doors; automated shades and blinds; oversized laundry and storage. In true Ritz-Carlton style, enjoy the 24-hour concierge with valet service and world-class amenities – including a fitness center, 70-ft lap/fitness pool, resort pool with grilling area, club room for events, game room, lounge and meeting areas plus access to the adjacent hotel and spa. You’re just steps to the Bay – for waterfront trail walks, outdoor yoga or launching your kayak. Walk to the Van Wezel for the latest shows and concerts. Stroll across the street for the area’s best culinary offerings, theatre, opera, farmers market and marinas. An elegant and extraordinary lifestyle awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,999,000
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 | $3,999,200 | $3,999,200 | $3,999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $4,691 | $4,691 | $4,691 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,607 | $25,607 | $35,113 |
Total Monthly Payment | $30,423 | $30,423 | $39,929 |
* 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.