555 Quay COMMON, #302, Sarasota, FL, 34236 | $3,999,000

Under contract-accepting backup offers. 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. 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. This unique residence is one of two on level 3, steps
from the harbor and private amenities. This residence features 3, 487 square feet, a private elevator, 13-foot ceilings, and all living areas and
suites facing due west for amazing year-round sunsets. The expansive terrace beckons you to savor year-round outdoor living. For culinary
enthusiasts, the outdoor grill and the chef-inspired kitchen is a dream come true. The kitchen features a spacious walk-in butler’s pantry for
effortless entertaining. Amenities include a social club room, indoor, 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 pursuits 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: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Complex: RITZ-CARLTON RESIDENCES, SARASOTA BAY
  • Year Built: 2024
  • Approx Sq. Feet: 3,929
  • Acreage: 0.98
  • Est. Taxes: $0
  • Condo Fee: $4,495 Quarterly
  • 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#: A4629939
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4629939/555quaycommon_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 11/22/2024 7:09:37 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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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

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Yokadi.Mejia@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

555 Quay COMMON, #302, Sarasota, FL, 34236

$3,999,000

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 $3,199,200 $3,199,200 $3,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,485 $20,750 $28,089
Total Monthly Payment $20,610 $20,875 $28,214

* 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.