Now taking reservations! Brought to you by Kolter Urban and designed by award-winning SB Architects this iconic new, 20-story Ritz-Carlton Residence, Sarasota Bay, residential tower enjoys a prime waterfront location in the heart of Sarasota’s walkable downtown cultural district, Quay Sarasota. Seventy-eight ultra-luxury residential condominiums with dramatic exterior glass walls provide abundant natural lighting throughout the building along with spacious terraces that showcase sweeping views of Sarasota Bay, Yacht Harbor, downtown Sarasota cityscape and the Gulf of Mexico. Each residence has exclusive private elevator entry access. This 3-bedroom, 3. 5-bath + den residence has a flow-through floorplan of 4, 942 square feet with 13’ ceilings and 12’ sliding glass doors and windows throughout. Expansive exterior terraces with glass railings and a built-in outdoor grill provide inviting year-round outdoor living areas. Your chef-inspired kitchen includes premium 10’ high European kitchen cabinetry and under-cabinet LED lighting. 3cm quartz countertop choices with full-height backsplashes and a premium appliance package. The owner’s suite includes dual walk-in closets and luxurious spa-like retreats. Some of the amenities include social club rooms with multiple seating areas as well as indoor and outdoor bars that service the pool deck for entertaining or for a relaxing day by the resort-style pool, a state-of-the-art waterfront fitness center, a spacious movement studio and a private training room followed by hot and cold plunge pools, steam rooms and private treatment rooms, and a sports lounge that includes a golf simulator. There is even more in the robust amenities package. Call or email for an appointment to learn more about this Ritz-Carlton-managed property.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||7.375%||7.250%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.506%||7.480%|
|Monthly Tax Payment||$0||$0||$0|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$23,052||$23,339||$30,847|
|Total Monthly Payment||$23,177||$23,464||$30,972|
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.