NOT LISTED FOR SALE

401 Quay Commons Dr Unit PH1902 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $3,612,000 - $9,474,000

4 Beds
5 Baths
4,855 Sq Ft
$3,757/mo HOA Fee

Last Sold April 06, 2021

Last sale price $6,212,300 $1,280 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $48,644/month

170 Days on Market

Highlights

  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • New Construction
  • Booker High School Rated A-
  • Fitness Center
  • 3-minute walk to Central Broadway Park

About This Home

As of April 2021

Pre-construction. To be built. Recently released this 19th floor Penthouse offers 4,855 square feet of living space, 4BR/5Baths, 12- foot ceilings and private elevator. If you demand the best of the best this penthouse is one of only six located in the sought-after Ritz-Carlton Residences, Sarasota. Imagine a penthouse defined by sophisticated style, luxurious finishes, expansive views and equipped to deliver The Ritz-Carlton world-class service with in room dining and housekeeping all at your option. Sit back and unwind on your expansive waterfront terrace enjoying unobstructed water views of Sarasota Bay, the Gulf of Mexico and the iconic Ringling Bridge by day or enjoy the city lights by night off the East terrace. The kitchen is a chef’s dream with gas cook tops, wolf and subzero appliances, built in double oven tower, 9’ high European cabinetry, butler’s pantry and LED lighting throughout. Owners will enjoy world class service including private valet, concierge, resort-style pool, lap pool, advanced fitness center, resident club with demonstration kitchen, private wine storage and private dog park. All within minutes from shopping and dining options, theatre, opera or ballet. Life served to perfection.

Last Agent to Sell the Property

Julia DeCastro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3103601 Listed on: 01/10/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Perry Corneau

COMPASS FLORIDA LLC License #0547788

Last Buyer's Agent

Julia DeCastro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3103601 Listed on: 01/10/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $3,757 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Home in Pre-Construction
  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 4,855 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Den
  • White Water Ocean Views

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Kitchen
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Power Generator
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, water
  • High-Rise Condominium
  • The Ritz Carlton Residences, Sarasota Subdivision
  • Rental Restrictions
  • 19-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$3,757 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Water
  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4855
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 5751
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4205093?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4205093?w=Customer
  • Floor Number: 15+
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Projected Completion Date: 2020-12-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.98608
  • Price per Sq Ft: 1279.57
  • Close to Original List Price Ratio: 1.00198
  • Ratio: Current Price\Building Area Total: 1080.21
  • View: Yes
  • Co List Office Mls Id: 281526500
  • Co List Office Phone: 941-702-2300
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 5
  • Interior Amenities: Elevator, Open Floorplan, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Generator
  • Spa Yn: Yes
  • Stories: 19
  • Room Count: 8
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Gas, Public, Underground Utilities
  • Cooling: Central Air
  • Electric: Generator
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3757
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 3757
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 45084
  • Total Monthly Fees: 3757

Lot Info

  • Parcel Number: 100 RITZ-CARLTON CIRCLE #1902
  • Additional Parcels: No
  • Flood Zone Code: A13
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 6 Months
  • Num Timesper Year: 1
  • Pet Restrictions: No Aggressive Breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum 6 Months

Tax Info

  • Tax Lot: PH1902

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 5, 2021
Sold by
New Grande Residences Lp
Bought by
Nyhoff Douglas and Nyhoff Karen
Seller's Agent
Julia DeCastro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Julia DeCastro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$6,200,000
Sold Price
$6,212,300
Premium/Discount to List
$12,300
0.2%
Current Estimated Value
$7,005,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,500
Avg. Annual Appreciation
2.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nyhoff Douglas $6,212,300 K Title Company Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $6,212,300 -1.4% $1,280 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $6,300,000 +1.6% $1,298 / Sq Ft
01/10/2018 01/10/18 For Sale $6,200,000 -- $1,277 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $96,430 $6,826,516 -- --
2024 $95,080 $6,634,126 -- --
2023 $95,080 $6,440,899 $0 $0
2022 $93,056 $6,253,300 $0 $6,253,300
2021 $3,751 $240,500 $240,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Julia DeCastro

    Seller's Agent in 2021

    Julia DeCastro

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 812-5176

    74 in this area

    74 Total Sales

    Julia DeCastro
    Section Image
  • Perry Corneau

    Seller Co-Listing Agent in 2021

    Perry Corneau

    COMPASS FLORIDA LLC

    (941) 650-4626

    81 in this area

    86 Total Sales

    Perry Corneau
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4205093

Stellar MLS

APN: 2009-16-2074

Florida Sarasota County Sarasota 34236 Downtown Sarasota

401 Quay Commons Dr Unit PH1902, Sarasota, FL

Not Listed for Sale

Condos

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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