555 Quay Common Unit 505New Construction Home in Sarasota, FL
Sarasota, FL 34236 · Sarasota County
$4,159,000
$1039/sq ft
Photos of 555 Quay Common Unit 505
1 / 8About this home
Virtually Staged. Pre-Construction. To be built. Welcome to branded luxury living at The Ritz-Carlton Residences, Sarasota Bay, ideally in Sarasota’s vibrant cultural district at The Quay. Residence #505 offers over 4,600 square feet with three bedrooms, 3.5 baths and a den. On the north side of the tower, this exceptional home captures panoramic north, west and east views, enhanced by dramatic 12-foot ceilings and three private terraces. Enjoy breathtaking Gulf sunsets from the western terrace and sweeping Sarasota Bay and Bayfront Park views from the north. The primary suite is a private retreat with its west-facing terrace, floor-to-ceiling water views, an oversized soaking tub and glass-enclosed shower. A secured private elevator opens to your personal foyer. The chef’s kitchen features European cabinetry, quartz countertops, and premium Wolf and Sub-Zero appliances. Residents enjoy a full suite of resort-style amenities, including a state-of-the-art fitness center, waterfront wellness facilities with hot and cold plunges, sauna and steam rooms, private treatment areas, and a sophisticated Sports Lounge with golf simulator. What distinguishes this opportunity is the enduring strength of the Ritz-Carlton brand, a long-term commitment to excellence in service, operations, and meticulous maintenance that protects your investment and preserves the level of luxury you expect.
Home details and costs
- MLS number
- A4698163
- Property type
- Condominium
- Build stage
- Pre-Construction
- Heated square feet
- 4,001 sq ft
- Total under roof
- 4,663 sq ft
- Stories
- 1 Story
- Lot size
- 0.98 acres
- Subdivision
- Ritz-carlton Residences, Sarasota Bay
- HOA fee
- No HOA
- Days on market
- 116 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$31,649
$415,900 down (10%) on a $3,743,100 loan
- Principal and interest
- $23,659
- Property tax (estimated)
- $6,164
- Homeowners insurance
- $267
- PMI (under 20% down)
- $1,560
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 116 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Pre-constructionContext
Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Alta Vista Elementary
- Middle
- Booker Middle
- High
- Booker High
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
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Listed by Premier Sotheby's International Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 555 Quay Common Unit 505, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.