NOT LISTED FOR SALE

The Ritz-Carlton Residences 401 Quay Commons Unit 1204 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,198,273 - $4,614,000

3 Beds
3.5 Baths
2,984 Sq Ft
$3,751/mo HOA Fee

Last Sold June 14, 2024

Last sale price $4,600,000 $1,542 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $31,339/month

Highlights

  • Valet Parking
  • 200 Feet of Bay Harbor Waterfront
  • Fitness Center
  • Booker High School Rated A-
  • White Water Ocean Views
  • Heated Pool

About This Home

As of June 2024

Experience the epitome of sophisticated waterfront living in this 12th-floor, 3-bedroom, 3.5-bath residence in The Ritz-Carlton Residences, Sarasota. Completed in 2021 with a contemporary style and elegant finishes, the Ritz-Carlton’s legendary services, privacy, and world-class amenities - all in a desirable downtown location, redefine luxury living. Entering through a custom double-door foyer from your private elevator, you are welcomed with bright open spaces, soaring ceilings, and stunning views of Sarasota Bay, downtown, and the Gulf of Mexico. The beautiful Emerson floorplan features 11-foot ceilings, 8-inch baseboards, and floor-to-ceiling impact windows and sliders that showcase the expansive water views. The tiled 33x16’ covered terrace features an ElectriChef built-in outdoor electric grill, ideal for entertaining guests while savoring gorgeous sunsets over the bay. Exquisite porcelain tile and J. Geiger electric shades with drapes throughout. The gourmet kitchen boasts high-end appliances such as a Sub-Zero refrigerator/freezer, Wolf gas stove and double ovens. Amidst the generous dining room, you’ll find a wine and beverage fridge, as well as a wet bar, perfect for engaging guests or relaxing with loved ones. The primary suite offers dual custom closets, Toto Wash-let, lighted mirrors, and an opaque glass shower. Tasteful built-ins in the great room and an office complete the balanced space that gracefully flows throughout the design. Resort-style amenities include a pool area that transports you to a waterfront paradise, unrivaled in the city, complete with sun lounging spaces, a poolside grill and alfresco dining area. Additional amenities include a fitness center, 70-ft lap pool/lounging pool and hot tub, a club room for events, game room and access to the adjacent Ritz Carlton hotel and spa. ADT alarm system, Sonos system, 2 parking spaces and climate-controlled storage. The Ritz Residences offer 24-hour concierge and valet services. Just a few minutes to the Bay, enjoy waterfront trails, outdoor yoga, or launching your kayak. The Van Wezel Performing Arts Center is two blocks away, where you can take in the latest shows and concerts or venture across the street to discover the area's best culinary offerings, theatre, opera, symphony and farmers market. Start living your extraordinary life today!

Last Agent to Sell the Property

Maureen Horn

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3102504 Listed on: 04/26/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Andrew Tanner

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3437759

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,569

Year Built

  • Built in 2021

Lot Details

  • 200 Feet of Bay Harbor Waterfront
  • East Facing Home

HOA Fees

  • $3,751 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Entry on the 12th floor
  • Membrane Roofing
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 2,984 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, security, sewer, trash, water
  • Matthew J. Simone Cam Association, Phone Number (941) 271-4242
  • High-Rise Condominium
  • The Residences Community
  • The Ritz Carlton Residences Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 17-Story Property

Amenities

  • Valet Parking
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • Pets up to 100 lbs
  • 3 Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,569

Year Built

Built in 2021

Lot Details

0

HOA Fees

$3,751 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2984
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 3533
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 328.23
  • Escrow State: FL
  • Floor Number: 12
  • Minimum Lease: 6 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 1541.55
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 17
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 277.22

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Other Disclosures, Seller Property Disclosure
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Flood Zone Panel: 12115C0133F
  • Water Frontage Feet Bay Harbor: 200

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Underground, Valet

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Security
  • Association Name: Matthew J. Simone CAM
  • Phone: 941-271-4242
  • Association: Yes
  • Security: Fire Sprinkler System, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: As per Association Rules & Regs
  • Association Fee Requirement: None
  • Condo Fees: 11254
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Association Email: matthewjsimone@ritzcarlton.com
  • Monthly Condo Fee Amount: 3751
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 45016.00
  • Total Monthly Fees: 3751.33

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009162048
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: As per Association Rules & Regs

Tax Info

  • Tax Annual Amount: 49569
  • Tax Block: 6
  • Tax Lot: 1204

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: As per Association Rules & Regs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 14, 2024
Sold by
Oliver Janet D and Janet D Oliver Trust
Bought by
Gineris Marc A
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Andrew Tanner
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$4,600,000
Sold Price
$4,600,000
Views
6
Current Estimated Value
$4,440,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,909
Avg. Annual Appreciation
-2.36%

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 25, 2021
Sold by
New Grande Residences Lp
Bought by
Oliver Janet D and Janet D Oliver Trust
Seller's Agent
Julia DeCastro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
List Price
$2,498,753
Sold Price
$2,535,633
Premium/Discount to List
$36,880
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.32%
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
Gineris Marc A $4,600,000 None Listed On Document
Oliver Janet D $2,535,700 K Title Company Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $4,600,000 0.0% $1,542 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $4,600,000 +81.4% $1,542 / Sq Ft
03/26/2021 03/26/21 Sold $2,535,633 +1.5% $819 / Sq Ft View Prior Sale
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $2,498,753 -- $807 / 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 $50,792 $3,640,000 -- $3,640,000
2024 $49,569 $3,471,583 -- --
2023 $49,569 $3,370,469 $0 $0
2022 $48,494 $3,272,300 $0 $3,272,300
2021 $3,751 $240,500 $240,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen Horn

    Seller's Agent in 2024

    Maureen Horn

    Michael Saunders

    (941) 539-3384

    11 in this area

    62 Total Sales

    Maureen Horn
    Section Image
  • Andrew Tanner

    Buyer's Agent in 2024

    Andrew Tanner

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 539-0998

    8 in this area

    29 Total Sales

    Andrew Tanner
    Section Image
  • 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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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4608406

Stellar MLS

APN: 2009-16-2048

Florida Sarasota County Sarasota 34236 Downtown Sarasota

401 Quay Commons Unit 1204, 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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