$7,845,700
SOLD APR 26, 2021

The Ritz-Carlton Residences 401 Quay Commons Unit PH 1901 Sarasota, FL 34236

Downtown Sarasota Neighborhood
4 Beds
4.5 Baths
6,131 Sq Ft
1.9 Acres

Recently Sold

$1,280 Per Sq Ft

1% Above List Price

Highlights

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

About This Home

As of April 2022

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

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $123,790

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 6,131 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

  • 4 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 1401
  • Assessor Parcel Number 401 QUAY COMMONS PH 1901

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, Armand 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

Est. Annual Taxes

$123,790

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

3

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
  • Living Area: 6131.00
  • Lot Size Acres: 1.90
  • New Construction: Yes
  • Year Built: 2018
  • Accessibility Features: Accessible Approach with Ramp, Accessible Doors
  • Building Area Total: 7605.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489942?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489942?w=Customer
  • Lot Size Sq Ft: 81380
  • Building Search Sq Meters: 706.53
  • Directions to Property: 41 to Ritz-Carlton Drive, Free Valet Parking for all Sales Previews.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 9
  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 4
  • 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: 4
  • Floor Number: 15+
  • Levels: One
  • Spa Yn: Yes
  • Stories: 18
  • Living Area Meters: 569.59
  • Street Number Modifier: 401

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: 3
  • 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 404
  • Condo Fees: 4745
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 4745
  • 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: 56940.00
  • Total Monthly Fees: 4745.00

Lot Info

  • Parcel Number: 401 QUAY COMMONS PH 1901
  • 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: 1401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 26, 2021
Sold by
New Grande Residences Lp
Bought by
Jones Robyn and Jones Mark
Seller's Agent
Perry Corneau
COMPASS FLORIDA LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$7,800,000
Sold Price
$7,845,700
Premium/Discount to List
$45,700
0.59%
Current Estimated Value
$6,559,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,286,671
Avg. Annual Appreciation
0.27%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $7,845,700 K Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $9,750,000 -4.9% $1,590 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
12/04/2021 12/04/21 Price Changed $10,250,000 -2.4% $1,672 / Sq Ft
05/20/2021 05/20/21 For Sale $10,500,000 0.0% $1,713 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $10,500,000 +33.8% $1,713 / Sq Ft
04/26/2021 04/26/21 Sold $7,845,700 +0.6% $1,280 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $7,800,000 -- $1,272 / 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 $123,790 $8,630,061 -- --
2023 $123,790 $8,378,700 $0 $8,378,700
2022 $115,037 $7,682,600 $0 $7,682,600
2021 $3,751 $240,500 $240,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Nyhoff

    Seller's Agent in 2022

    Karen Nyhoff

    FINE PROPERTIES

    (941) 782-0000

    1 in this area

    6 Total Sales

    Karen Nyhoff
    Section Image
  • Steve Wexler

    Buyer's Agent in 2022

    Steve Wexler

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 586-1124

    3 in this area

    19 Total Sales

    Steve Wexler
    Section Image
  • Perry Corneau

    Seller's Agent in 2021

    Perry Corneau

    COMPASS FLORIDA LLC

    (941) 650-4626

    80 in this area

    85 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
See All Agents

About The Ritz-Carlton Residences

Map

Source: Stellar MLS

MLS Number: A4489942

Stellar MLS

APN: 2009-16-2073

Florida Sarasota County Sarasota 34236 Downtown Sarasota

401 Quay Commons Unit PH 1901, Sarasota, FL

This home is located at 401 Quay Commons Unit PH 1901, Sarasota, FL 34236 and is currently priced at $7,845,700, approximately $1,279 per square foot. This property was built in 2018. 401 Quay Commons Unit PH 1901 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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