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Quay Sarasota Average Home Statistics
Average Home Prices | Average Home Price per Square Feet | Average Home Statistics in terms of: | |
---|---|---|---|
Lowest
|
$1,867,000
|
$1,036.82
|
No. of Beds - 2.6
|
Median
|
$3,799,000
|
$1,069.23
|
No. of Baths - 3.16
|
Highest
|
$6,761,600
|
$1,581.28
|
Square Feet - 3,553
|
Premium living by the bay aptly describes The Quay Sarasota, an exciting lifestyle destination and residential area in the Sunshine State. But this description only scratches the surface of what it means to own one of the luxury condos in this captivating corner of Sarasota, Florida.
Located in the city’s vibrant Bayfront District, The Quay offers an exclusive blend of luxury and convenience on the waterfront. Residents relish easy access to a plethora of options for recreation, fine dining, retail, and signature Florida attractions right on their doorstep.
Condos in The Quay, Sarasota offer a gateway to an enviable lifestyle, rich with activity and excitement. With its location adjacent to the shimmering Sarasota Bay, this mixed-use development boasts 475 feet of linear frontage along the marina.
Adding to the area’s irresistible allure is Florida’s famous climate, which ensures warm, sunny days and balmy evenings. This ideal weather offers endless outdoor pursuits, scenic sunset strolls, and lively evenings out, complementing a quality of life like no other.
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Welcome To Quay, Sarasota, Florida
The Quay is home to some of the most sought-after Sarasota condominiums, offering unmatched waterfront living. If you’re after a refined lifestyle, this modern upscale community is the ideal choice.
Ideal location
With The Quay’s location along the Sarasota Bay, residents enjoy an exceptional living environment with gorgeous waterfront views and easy access to the city’s top-tier amenities.
Serene vibe. Though Downtown Sarasota is known for its bustling atmosphere, The Quay is an enclave of tranquility, offering a peaceful retreat.
Proximity to water sports. Just minutes away is Marina Jack where you’ll find opportunities for boating, fishing, and waterfront dining, perfect for nautical enthusiasts.
Upscale shopping and dining. A quick drive over the Ringling Bridge takes residents to St. Armands Circle, which features more than 140 high-end boutiques, highly acclaimed restaurants, and a variety of services.
Close to local beaches. Imagine living close to some of Florida’s most famous beaches, including Siesta Key, which is consistently ranked as the nation’s best beach.
Access to green spaces. The Quay is near parks and green spaces, including Bayfront Park and The Bay Sarasota, where locals can attend concerts, take leisurely walks, and indulge in outdoor fitness.
What it's best known for
Waterfront lifestyle. The Quay embodies urban living with tranquil surroundings. Just steps from Sarasota Bay, you can embrace an active lifestyle and enjoy relaxing views. Waterfront living here truly offers the best of both worlds.
Coveted luxury condos in Sarasota, Florida. The Quay offers meticulously designed residences, upscale amenities, and personalized concierge services—all tailored to provide a luxurious, low-maintenance lifestyle.
All the conveniences you need within easy reach. The Quay provides a comprehensive living experience, where shops, services, and even work opportunities are seamlessly integrated into one vibrant location. This unmatched convenience allows residents to effortlessly balance work, leisure, and home life. Additionally, its parks and communal spaces foster a strong sense of community, encouraging social interaction and connection.
Basic facts
Total area. The Quay spans a significant portion of Sarasota’s downtown waterfront, encompassing an impressive 14 acres of prime real estate. With the Central Quay Waterfront Park as its centerpiece, this expansive development is still a work in progress and will ultimately feature almost 700 residential units, over 39,000 square feet of workspaces, and more than 189,000 square feet of retail space.
Nearest cities. Living in a luxury condo in Sarasota, Florida means quick access to nearby cities, including Bradenton to the north, known for its historic downtown and cultural attractions; Venice to the south, offering charming boutiques and beaches; and Tampa to the northwest, which boasts diverse dining, entertainment, and business opportunities.
Neighboring islands. You will never run out of things to do in Sarasota, Florida, thanks to its proximity to breathtaking islands, each offering its own unique charm. Lido Key is known for its relaxed atmosphere and Siesta Key is famed for its powdery white sand beaches. Meanwhile, Longboat Key features high-end resorts and world-class dining. It’s no wonder that luxury condos for sale on Longboat Key, Lido Key, and St. Armand’s Key are also highly popular.
History highlights. Sarasota was incorporated as a town in 1902 and became a city in 1913. The community’s growth accelerated in the early 20th century, largely due to Bertha Honoré Palmer, widow of Chicago business magnate Potter Palmer, who transformed the area into a sought-after winter retreat and tourist destination. Today, the area still attracts visitors and residents with its pleasant climate and stunning waterfront.
The Quay Sarasota Florida Real Estate
This $1-billion investment, set to be completed soon, began construction in 2018 with a focus on timeless architecture, unique block designs, and a pedestrian-friendly experience.
Market overview and general trends
Working with the top Realtors in Sarasota, Florida gives you unparalleled insights and crucial knowledge on the market. Here’s a general overview to start with:
Price trends. Property prices at The Quay reflect the community’s desirability, prime location, and exclusivity. A diverse selection of new construction homes is available, all boasting high-end, state-of-the-art finishes and amenities. These exceptional features, combined with the elevated lifestyle offered, contribute to the premium pricing of properties at The Quay.
Strong demand. Demand for Sarasota condominiums remains strong, and this includes properties in The Quay. This is partly fueled by the stellar reputation of its developer, GreenPointe, one of the state’s largest privately held developers. With a proven track record since 2008, the company ensures top quality and innovation, making The Quay a prime choice for discerning buyers.
Robust investment potential. Luxury condos in Sarasota, Florida are seen as solid investments due to their appeal and the area’s ongoing development projects. Many buyers see The Quay as an ideal location for a second home, offering both a luxurious living space and the potential for rental income. Owners can capitalize on its suitable location by renting out their properties when not in use, generating steady income while enjoying a valuable asset that appreciates over time.
Property types
Real estate in The Quay Sarasota, Florida caters to buyers with sophisticated tastes and lifestyles.
Luxury condominiums. The emphasis on luxury condos at The Quay is fueled by the growing demand for upscale, low-maintenance living in a prime waterfront setting. These condos offer residents not only stunning views and deluxe amenities but also efficient use of space. This blend of luxury and practicality caters perfectly to modern living preferences.
Waterfront condominiums. Many condos in The Quay, Sarasota are situated directly on the waterfront, offering residents immediate access to the bay, marina facilities, and sweeping water views. The limited availability of waterfront land in this enviable setting increases property values, making these condos highly sought after.
Exciting new construction. Completion of The Quay is scheduled in 2025. As of August, 2024, homebuyers can find a wide array of new construction properties in exciting developments that include:
- Ritz Carlton Residences Sarasota Bay features 78 premium residential condos, each covering around 3,500 to 6,000 square feet.
- Ritz Carlton Residences Sarasota was completed in 2021 and has 73 units ranging from 3,095 to 6,131 square feet
- One Park Saratosa offers 86 luxury units ranging from 2,460 to 7,180 square feet
- One Park West Saratosa features only 69 units on 18 stories, ranging from 1,033 to over 5,300 square feet
- Bayso is an 18-level luxury condo property that houses 149 units ranging from approximately 1,600 to 5,000 square feet.
Discovering
The Quay Lifestyle
The Quay fosters a vibrant, connected lifestyle, designed for exploration and engagement. With scenic paths, trails, and inviting gathering spaces, the community encourages interaction and social connection. Residents benefit from a variety of health and wellness amenities, including state-of-the-art fitness centers, refreshing swimming pools, and beautifully maintained parks.
Getting around
The Quay’s prime location in downtown Sarasota makes getting around easy and convenient. Residents can effortlessly reach their destination via the following:
Nearby major routes. The Quay provides convenient access to key thoroughfares like US 41 and the John Ringling Causeway, allowing for easy travel across Sarasota and to nearby coastal destinations.
Public transportation. The Breeze Transit, previously the Sarasota County Area Transit, provides bus services with several routes that pass near The Quay, connecting residents to major destinations such as shopping centers and beaches.
Proximity to central transit hubs. Sarasota Bradenton International Airport (SRQ) is about a 10-minute drive from The Quay, offering flights to major cities across the US and some international destinations. Meanwhile, the Greyhound Bus Transfer Center in Sarasota provides intercity bus services, connecting Sarasota to other cities in Florida and beyond.
Walking and biking. Within The Quay, you can enjoy a walkable lifestyle with amenities just steps away. The community’s bike-friendly design also provides a convenient, eco-friendly way to explore Sarasota’s scenic beauty.
Schools
Families living in The Quay have access to Sarasota’s reputable public and private schools, known for their strong academic programs and extracurricular activities. Here are some of the notable educational establishments in the area:
Elementary
- Gocio Elementary School is a K-5 public school that teaches an award-winning arts curriculum.
- Ashton Elementary School is ranked 2nd among Sarasota County Schools District Elementary Schools.
- Philippi Shore Elementary School is ranked 3rd in the district, with students showcasing high proficiency levels in math and reading.
High School
- Sarasota High School provides a diverse range of academic programs, sports, and extracurricular activities.
- Riverview High School boasts one of the top-performing arts departments in Florida.
- Booker High School offers a visual and performing arts magnet program, which is the city’s leading pre-professional arts education.
Universities and Colleges
- University of South Florida Sarasota-Manatee accommodates over 50,000 students and provides undergrad, graduate, specialist and doctoral degrees.
- Ringling College of Art and Design is Florida’s sole institution focused solely on art and design education.
Must-visit attractions
There are plenty of things to do in Sarasota, Florida whether you’re interested in expanding your knowledge, going on an adventure, or exploring the arts.
Historic haunts. The Belle Haven is a three-story Mediterranean Revival gem that opened in 1926 as the Broadway Apartments. The Quay’s developer plans to restore this historic landmark, which sits in the heart of the community. To see another example of this architecture style, visit the Ca’ d’Zan Mansion at the Ringling Estate, which takes visitors back to the elegant era of the Roaring Twenties. Ringling’s lavish winter residence spans 36,000 square feet and features 56 rooms. Selby Gardens’ Historic Spanish Point campus is just 15 minutes from downtown. It’s a 30-acre museum that highlights regional history and botanical exhibits.
Cultural corners. Visit the Sarasota Opera House for a night of music in a historic theater that underwent a $20-million renovation. The venue is in Downtown Sarasota, near shops and restaurants. For a world-class dance performance, watch the Sarasota Ballet, the only professional ballet company on Florida’s Gulf Coast. The dance company has built a national and international reputation for its unique selection of rarely staged ballets. Also in the city is the Van Wezel Performing Arts Hall, which continues its tradition of showcasing Broadway musicals, top performers, comedians, high-caliber orchestras, and an array of dance styles including classical and ethnic.
Artistic attractions. The Sarasota Art Museum is the area’s first museum focused on contemporary art. It offers educational programs, making it a key player in the local arts scene. It’s also worthwhile to stop by the Ringling Museum of Art, which first opened in 1930. It features an extensive collection of European art, sculptures and decorative works, alongside the Circus Museum. If you want to stroll through streets filled with art galleries, interior design studios, and public art installations, visit the Historic Downtown Village of Sarasota, Rosemary District, and Towles Court. The Ringling College of Art and Design frequently hosts exhibitions and events that enrich the local art scene.
Lifestyle amenities within The Quay
The Quay residents don’t have to venture far for top-notch lifestyle amenities. In addition to the five-star offerings in individual condo properties, the development boasts walkable amenities that complete the luxury getaway experience.
Central Quay. This sprawling green space right on the waterfront was designed for community events and quiet strolls for the entire family.
Quay Harbor. This is set to become a hub for water transport, providing transient docks for tourists and residents. Plans are underway for it to serve as a stop connecting the community with nearby islands, enhancing overall convenience.
Quay Sarasota Entertainment District. This area is envisioned to offer many dining options, live performances, and unique shops. Together, these elements create a lively and inviting environment, enriching the community’s social and cultural life.
Working With A Top Realtor In Sarasota, Florida When
Buying And Selling A Property
When it comes to buying or selling real estate at The Quay, choosing the right Realtor can make all the difference. At Lisa Otte Real Estate, we bring unmatched expertise to every transaction. Selected multiple times by top developers in Florida, we have a proven track record of delivering outstanding results in The Quay’s luxury market.
For buyers
- Knowledge of the local market trends. Our experienced team of Realtors brings in-depth knowledge of the local real estate market, including the latest trends, pricing dynamics, and upcoming developments. We can provide insights into which properties are likely to appreciate, the best times to buy, and which features are most desirable in the area. This expertise ensures that buyers make informed decisions, maximizing their investment potential and securing a property that meets their needs.
- Negotiation and communication skills. When purchasing a property in The Quay, strong negotiation and communication skills are essential. We excel in these areas, our founder having graduated from the Notre Dame Mendoza Business School with a focus on negotiations. This expertise allows us to secure the best prices and terms for our clients, while ensuring clear, consistent correspondence throughout the process. Our exceptional quality and commitment set us apart, delivering the best possible outcomes for every transaction.
- Access to exclusive listings. We have insider knowledge that gives buyers the distinct advantage of gaining insights into properties that are not widely advertised or available to the general public. This knowledge includes details about upcoming listings, off-market opportunities, and emerging market trends that can influence purchasing decisions. Our extensive industry connections and deep understanding of The Quay’s market grant our clients access to these valuable insights, helping them find unique and desirable properties.
For sellers
- Professional network and connections. As top Realtors, we have an extensive professional network, including other Realtors, potential buyers, and key industry professionals such as appraisers, inspectors, and contractors. This network is valuable when selling a property, as it helps to attract qualified buyers quickly and ensures that any issues that arise during the sale process are handled efficiently.
- Proven approach and marketing strategies. Sellers benefit from a Realtor’s proven expertise centered on the luxury market. We know how to position a property to attract the right buyers, using high-quality photography, virtual tours, and targeted online and offline marketing campaigns. We also leverage our knowledge of the local market to price the property appropriately, maximizing its appeal while ensuring a competitive sale. With a strategic approach, we can help sellers achieve the best possible return on their investment.
- Comprehensive staging and presentation. These services include meticulously preparing a property to boost its appeal to buyers. This involves decluttering, strategically arranging furniture, and using décor to showcase the home’s best features, ensuring it makes a strong, positive impression.
Discover Your Oasis At The Quay With Us
Ready to explore The Quay’s luxury and waterfront condos? Partner with Lissa Otte Real Estate, where our focus on new development and ultra-luxury properties ensures first-rate service. With the Certified Luxury Home Institute Designation (CLHMS), we bring expertise, professionalism, and a consultative approach that clients trust.
Get started on your journey by reaching out to us at 941.281.5472 or at this email address.