The Ritz-Carlton Residences, Sarasota Bay

Downtown Sarasota is compact and walkable, and The Quay's central location makes getting around the waterfront district straightforward on foot. For drivers, US 41 (Tamiami Trail) runs along the bayfront and connects downtown to the wider region, while Interstate 75 to the east links Sarasota to Tampa and points south. The area's central setting keeps everyday destinations, the arts district, and the bay within easy reach.

Kolter Urban is the residential development arm of The Kolter Group, active in high-rise and luxury condominium projects across Florida. The company has developed branded and boutique residences in a number of the state's major urban and coastal markets. In Sarasota, its work on The Ritz-Carlton Residences reflects a focus on upscale waterfront living.

Buying a pre-construction condominium like The Ritz-Carlton Residences, Sarasota Bay typically begins with registering for early access, which lets you receive updates and see availability as new inventory is released. Buying early in a release can matter, as the best floor plans and views often go first.

Deposits for new Florida condominiums are generally staged over time, with payments tied to milestones such as reservation, contract signing, and construction progress. There is often a gap between paying a deposit and moving in, so it helps to understand the full schedule from the developer. Specific deposit structures for this project will be confirmed by the builder.

Under Florida law, buyers of a new condominium have a 15-day rescission period under Florida Statutes section 718.503, allowing you to cancel within 15 days of signing the purchase agreement (or receiving the required documents, whichever is later). This is general information, not legal or financial advice — confirm the specifics with the developer and your own advisers before committing.