The Ritz-Carlton Residences, Sarasota Bay is a luxury condominium tower being developed by Kolter Urban in The Quay, the waterfront district on Sarasota Bay at the edge of downtown Sarasota. The building topped out in December 2025 and the Delray Beach based developer expects to deliver it in late 2026, with 78 residences across 20 stories (Business Observer, December 2025).
The residences are designed as large owner-occupied homes in the sky, with three and four bedroom plans ranging roughly from 3,500 to under 6,000 square feet, private elevator access, and terraces framing the bay, the harbor, downtown, and the Gulf, per the developer and Business Observer reporting (December 2025). Premier Sotheby's International Realty is handling sales from the gallery at 475 Quay Commons. Moss Construction is the general contractor.
This is a building, not a neighborhood, so the money is made or lost on the specific residence: the floor, the exposure, the ceiling height, the terrace, and the building's financial and structural posture, not a headline price for the address.
The pitch is branded bayfront living a walk from downtown Sarasota and The Bay park, with concierge service and a large amenity program. The work is reading the condo documents: the milestone inspection schedule, the structural integrity reserve study, the operating budget, and the flood and wind insurance math for a coastal tower.
