NOT LISTED FOR SALE

The Ritz-Carlton Residences 401 Quay Commons Unit 1403 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $5,172,000 - $9,175,000

4 Beds
5 Baths
4,818 Sq Ft
$5,866/mo HOA Fee

Last Sold April 02, 2024

Last sale price $9,300,000 $1,930 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $53,811/month

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Gated Community
  • Booker High School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of April 2024

Enjoy luxurious downtown waterfront living with all the services and amenities offered by the renowned Ritz-Carlton Residences.

Last Agent to Sell the Property

Francoise Borel

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3300482 Listed on: 02/05/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Perry Corneau

COMPASS FLORIDA LLC License #0547788

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $80,155

Year Built

  • Built in 2021

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Dog Run

HOA Fees

  • $5,866 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 4,818 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Tile Flooring
  • Smart Home

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Grill
  • Private Mailbox

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, gas, insurance, maintenance structure, ground maintenance, maintenance, security, sewer, trash, water
  • Ritz Carlton Residences Subdivision
  • 19-Story Property

Amenities

  • Elevator

Recreation

  • Community Spa
  • Dog Park

Pet Policy

  • 3 Pets Allowed
  • Dogs Allowed
  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$80,155

Year Built

Built in 2021

Lot Details

0

HOA Fees

$5,866 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4818
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 5798
  • Directions to Property: US 41 to right at Fruitville Road to Tamiami Trail roundabout to Ritz Carlton Drive. Free valet parking for all showings.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 14
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 6 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 1930.26
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Intracoastal Waterway
  • Attribution Contact: 941-388-4447
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Smart Home, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 19
  • Street Number Modifier: 401
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 447.61
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony, Dog Run, Outdoor Grill, Private Mailbox, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Security, Spa/Hot Tub
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Breed Restrictions
  • Building Name Number: QUAY COMMONS
  • Condo Fees: 17598
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 5866

Fee Information

  • Total Annual Fees: 70392.00
  • Total Monthly Fees: 5866.00

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009162052
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs for leasing information.

Tax Info

  • Tax Annual Amount: 80155
  • Tax Block: 6
  • Tax Lot: 1403

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 2, 2024
Sold by
Mulva Patrick T and Patrick T And Mary M Mulva Revocable Tru
Bought by
Russell John G and Russell Margaret A
Seller's Agent
Francoise Borel
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Perry Corneau
COMPASS FLORIDA LLC
List Price
$9,500,000
Sold Price
$9,300,000
Premium/Discount to List
-$200,000
-2.11%
Views
18
Current Estimated Value
$7,522,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,777,692
Avg. Annual Appreciation
-5.11%

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 8, 2021
Sold by
New Grande Residences Lp
Bought by
Mulva Patrick T and Mulva Mary M
Seller's Agent
Perry Corneau
COMPASS FLORIDA LLC
Buyer's Agent
John Brink
OCEANS GLOBAL REALTY, LLC
List Price
$4,385,945
Sold Price
$4,479,971
Premium/Discount to List
$94,026
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.06%
Source: Public Records

Range of Values:

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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
Russell John G $9,300,000 None Listed On Document
Mulva Patrick T $4,480,000 K Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $9,300,000 -2.1% $1,930 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $9,500,000 +112.1% $1,972 / Sq Ft
03/16/2021 03/16/21 Sold $4,479,971 +2.1% $923 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $4,385,945 -- $903 / 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
2024 $83,495 $5,823,598 -- --
2023 $83,495 $5,653,979 $0 $0
2022 $81,700 $5,489,300 $0 $5,489,300
2021 $3,751 $240,500 $240,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Francoise Borel

    Seller's Agent in 2024

    Francoise Borel

    Michael Saunders

    (941) 228-3768

    8 in this area

    39 Total Sales

    Section Image
  • Perry Corneau

    Buyer's Agent in 2024

    Perry Corneau

    COMPASS FLORIDA LLC

    (941) 650-4626

    81 in this area

    86 Total Sales

    Section Image
  • Julia DeCastro

    Seller Co-Listing Agent in 2021

    Julia DeCastro

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 812-5176

    74 in this area

    74 Total Sales

    Section Image
  • John Brink

    Buyer's Agent in 2021

    John Brink

    OCEANS GLOBAL REALTY, LLC

    (941) 928-5555

    8 in this area

    62 Total Sales

    Section Image
See All Agents

About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4598556

Stellar MLS

APN: 2009-16-2052

Florida Sarasota County Sarasota 34236 Downtown Sarasota

401 Quay Commons Unit 1403, Sarasota, FL

This home is located at 401 Quay Commons Unit 1403, Sarasota, FL 34236 since 05 February 2024 and is currently estimated at $7,522,308, approximately $1,561 per square foot. This property was built in 2021. 401 Quay Commons Unit 1403 is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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