The Ritz-Carlton Residences 401 Quay Commons Unit 1405 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $3,167,000 - $7,267,000
3
Beds
3.5
Baths
3,798
Sq Ft
$3,781/mo
HOA Fee
Highlights
- Valet Parking
- White Water Ocean Views
- Fitness Center
- Booker High School Rated A-
- Property fronts an intracoastal waterway
- Heated Spa
About This Home
As of November 2023A luxurious waterfront lifestyle near downtown awaits in this contemporary, elegantly appointed 3,798 sf 14th-floor condominium in The Ritz-Carlton Residences, Sarasota Bay. Completed in 2021, this 3-bedroom, 3.5-bath residence offers a spacious open floorplan with countless custom updates, refined finishes, chic décor, and floor-to-ceiling windows and sliding glass doors showcasing sweeping vistas of the Bay, Ringling Bridge and Longboat Key. The home is being sold turnkey furnished with beautiful designer furnishings. Stunning views are visible from the moment the access-controlled elevator opens to the private entry foyer overlooking a stylish den with towering windows, decorative accent wall and an AFIRE steam fireplace. Wide plank Legno Bastone oak flooring flows throughout the exquisite light-filled residence, which includes sophisticated upgrades such as Phillip Jeffries wallcoverings, Sally A. Trout electric draperies, Hunter Douglas electric shades and custom ceiling fans. The residence also has a Wicked Smart Homes automation system and Lutron lighting. The richly appointed kitchen offers magnificent views to the west and north, Wolf and Sub-Zero appliances, Cristallo quartzite 2-inch thick center island with lighting, Cristallo quartzite countertops, imported Nolte German cabinetry with soft-close drawers and an ample custom walk-in pantry with a California Closet system. Beside the kitchen is a wet bar with a wine refrigerator, dining area with a dazzling chandelier and living room with an AFIRE steam fireplace. Disappearing glass doors seamlessly transition to a sizable west-facing tiled balcony with an ElectriChef gas grill – a perfect spot for dining, relaxing and soaking in the spectacular scenery and sunsets. Just off the living room is a gracious primary suite with a private bayfront balcony, dual walk-in closets and a lavish bathroom with white marble flooring, an expansive fully open shower area with adjacent soaking tub, 2.5-inch thick dual quartz vanities with wood cabinetry and a water closet. There are also two beautifully appointed en-suite guest bedrooms, including one with a balcony, and a lovely powder room with a 2.5-inch thick Cristallo quartzite vanity. Other notable highlights include 10 and 11-foot ceilings and 8-inch baseboards throughout, California Closet systems in all closets, central vacuum system and utility/laundry room with ample storage. There is also a one-car private garage with shelving and one additional parking space, private walk-in climate-controlled storage unit, additional storage and separate service entrance. Residents enjoy an array of amenities, including a 70-foot lap/fitness pool and resort-style pool on the main amenity level, fitness center, lounge areas, and access to all of Ritz-Carlton’s world-class amenities, such as concierge services and in-residence dining. An extraordinary lifestyle awaits you in this remarkable property just a stroll from downtown’s vibrant dining, arts and cultural offerings.
Last Listed By
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0511583 Listed on: 09/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $63,490
Year Built
- Built in 2021
Lot Details
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- West Facing Home
HOA Fees
- $3,781 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Parking Garage Space
Property Views
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Block Exterior
Interior Spaces
- 3,798 Sq Ft Home
- Open Floorplan
- Wet Bar
- High Ceiling
- Shades
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Outdoor Storage
- Outdoor Grill
Schools
- Alta Vista Elementary School
- Booker Middle School
- Booker High School
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1405 / 6
- Assessor Parcel Number 2009162054
Community Details
Overview
- Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, trash, water
- High-Rise Condominium
- The Ritz Carlton Res Condos
- The Residences Community
- The Ritz Carlton Residences Subdivision
- 18-Story Property
Recreation
Pet Policy
- 3 Pets Allowed
- Breed Restrictions
Additional Features
- Valet Parking
- High Impact Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 15, 2023
Sold by
Charles T Premone Revocable Trust
Bought by
Pamela J Keller Trust and Keller
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Holly Winkle
WINKLE AND COMPANY LLC
List Price
$7,730,000
Sold Price
$7,530,000
Premium/Discount to List
-$200,000
-2.59%
Total Days on Market
6
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,531,241
Avg. Annual Appreciation
-14.24%
Purchase Details
Closed on
Sep 8, 2022
Sold by
Stark William R and Stark Catherine
Bought by
Charles T Premone Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 28, 2021
Closed on
Mar 24, 2021
Sold by
New Grande Residences Lp
Bought by
Stark William R and Stark Catherine
Seller's Agent
Perry Corneau
COMPASS FLORIDA LLC
Buyer's Agent
Laura Stavola
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,975,000
Sold Price
$4,212,584
Premium/Discount to List
$237,584
5.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
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Similar Homes in Sarasota, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pamela J Keller Trust | $7,530,000 | None Listed On Document | |
| Charles T Premone Revocable Trust | $6,100,000 | -- | |
| Stark William R | $4,212,600 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Charles T Premone Revocable Trust | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $7,530,000 | -2.6% | $1,983 / Sq Ft |
| 10/06/2023 10/06/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $7,730,000 | +83.5% | $2,035 / Sq Ft |
| 03/26/2021 03/26/21 | Sold | $4,212,584 | +6.0% | $1,109 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/28/2021 01/28/21 | For Sale | $3,975,000 | -- | $1,047 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $70,441 | $5,841,100 | -- | $5,841,100 |
| 2023 | $70,441 | $4,780,700 | $0 | $4,780,700 |
| 2022 | $63,490 | $4,235,600 | $0 | $4,235,600 |
| 2021 | $3,751 | $240,500 | $240,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lenore Treiman
Seller's Agent in 2023
Lenore Treiman
Michael Saunders
(941) 356-9642
36 in this area
147 Total Sales
-
Holly Winkle
Buyer's Agent in 2023
Holly Winkle
WINKLE AND COMPANY LLC
(941) 587-5288
3 in this area
82 Total Sales
-
Perry Corneau
Seller's Agent in 2021
Perry Corneau
COMPASS FLORIDA LLC
(941) 650-4626
79 in this area
84 Total Sales
-
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
-
Laura Stavola
Buyer's Agent in 2021
Laura Stavola
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 447-4875
4 in this area
207 Total Sales
About The Ritz-Carlton Residences
Map
Source: Stellar MLS
MLS Number: A4582298
APN: 2009-16-2054
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