NOT LISTED FOR SALE

The Ritz-Carlton Residences 401 Quay Commons Unit 904 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $4,166,667 - $4,951,000

3 Beds
3.5 Baths
3,095 Sq Ft
1.9 Acres

Last Sold February 18, 2021

Last sale price $2,768,180 $894 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $28,833/month

Highlights

  • Valet Parking
  • Property Fronts a Bay or Harbor
  • Built in 2018 | Newly Remodeled
  • Booker High School Rated A-
  • Fitness Center
  • Spa

About This Home

As of February 2021

The Ritz-Carlton Residences will be surrounded by the region’s newest high-end mixed- use development, including a boardwalk, marina, waterfront park, restaurants and shops. The 73 condominium residences feature large open floor plans and deep balconies offering panoramic water views The main amenity level provides a 70- foot lap/fitness pool and second resort style pool with food and beverage service. The Ritz-Carlton provides the added touch of world-class service valet, concierge, in room dining and housekeeping all at your option.

Last Agent to Sell the Property

Perry Corneau

COMPASS FLORIDA LLC License #0547788 Listed on: 01/28/2021

COMPASS FLORIDA LLC

Co-Listed By

Julia DeCastro

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3103601

Last Buyer's Agent

Perry Corneau

COMPASS FLORIDA LLC License #0547788 Listed on: 01/28/2021

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Guest Parking
  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 3,095 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Family Room Off Kitchen
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Spa
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 904
  • Assessor Parcel Number 401 QUAY COMMONS #904

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance exterior, ground maintenance, pool maintenance, recreational facilities, water
  • The Ritz Carlton Residnces Association
  • Built by Moss & Associates, LLC
  • The Ritz Carlton Residences, Sarasota Subdivision, Emerson Floorplan
  • Association Approval Required
  • 18-Story Property

Amenities

  • Valet Parking

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Exterior, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Description: High Rise
  • Water View: Yes
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3095.00
  • Lot Size Acres: 1.90
  • New Construction: Yes
  • Year Built: 2018
  • Accessibility Features: Accessible Approach with Ramp, Accessible Doors
  • Building Area Total: 3672.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489854?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489854?w=Customer
  • Lot Size Sq Ft: 81380
  • Building Search Sq Meters: 341.14
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 9
  • Levels: One
  • Spa Yn: Yes
  • Stories: 18
  • Living Area Meters: 287.53

Exterior Features

  • Direction Faces: West
  • Waterfront Feet Bay Harbor: 300
  • Waterfront Feet Marina: 300
  • Exterior Features: Balcony, Outdoor Grill
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Marina
  • Flood Zone Code: A13
  • View: Water
  • Water Body Name: SARASOTA BAY/GULF OF MEXICO
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Electric Vehicle Charging Station(s), Guest, Under Building, Valet

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable
  • Community Features: Fitness, Pool, Waterfront
  • Pet Restrictions: No Aggressive Breeds
  • Building Name Number: THE RITZ-CARLTON RESIDENCE 904
  • Condo Fees: 2389
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 2389
  • Association Amenities: Fitness Center, Pool, Security, Spa/Hot Tub
  • Association Approval Required: Yes
  • Association Name: The Ritz-Carlton Residnces
  • Security: Secured Garage / Parking, Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 600
  • Total Annual Fees: 28668.00
  • Total Monthly Fees: 2389.00

Lot Info

  • Parcel Number: 401 QUAY COMMONS #904
  • Builder License: CGC1511059
  • Lot Size Square Meters: 7560

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: Minimum 6 Months
  • Lease Restrictions: Yes
  • Pets Allowed: Breed Restrictions, Yes

Building Info

  • Builder Name: Moss & Associates, LLC

Multi Family

  • Approval Process: Management Approval
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Lot: 904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2025
Sold by
Makrides Christakis L and Bartolo Susan M
Bought by
Olive Tree Quay Llc
Current Estimated Value
$4,584,222

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 17, 2021
Sold by
New Grande Residences Lp
Bought by
Makrides Christakis L and Bartolo Susan M
Seller's Agent
Perry Corneau
COMPASS FLORIDA LLC
Buyer's Agent
Perry Corneau
COMPASS FLORIDA LLC
List Price
$2,700,000
Sold Price
$2,768,180
Premium/Discount to List
$68,180
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$1,942,201
Interest Rate
2.65%
Mortgage Type
Closed End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olive Tree Quay Llc $100 None Listed On Document
Makrides Christakis L $2,768,200 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makrides Christakis L $1,942,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $2,768,180 +2.5% $894 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $2,700,000 -- $872 / 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 $56,638 $3,490,800 -- $3,490,800
2024 $51,841 $3,790,204 -- --
2023 $51,841 $3,540,100 $0 $3,540,100
2022 $47,001 $3,132,400 $0 $3,132,400
2021 $3,751 $240,500 $240,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Perry Corneau

    Seller's Agent in 2021

    Perry Corneau

    COMPASS FLORIDA LLC

    (941) 650-4626

    81 in this area

    86 Total Sales

    Perry Corneau
    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

    Julia DeCastro
    Section Image
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About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4489854

Stellar MLS

APN: 2009-16-2033

Florida Sarasota County Sarasota 34236 Downtown Sarasota

401 Quay Commons Unit 904, 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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