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Perched on the 12th floor of the iconic Rivo at Ringling, this beautifully remodeled 2-bedroom, 2-bathroom plus den residence offers the ultimate downtown Sarasota lifestyle. Designed by the Rivalta's and executed by The ADP Group alongside architect Robert Towne, the building’s signature curvilinear shape and breathtaking 15-story indoor atrium flood the interior hallways with natural light through a massive center skylight. Step inside this high-floor urban sanctuary to experience an incredible sense of space, courtesy of rare 10-foot ceilings, which are a full foot higher than lower-level units. Elegant crown molding guides you into a fully remodeled gourmet kitchen featuring designer cabinetry, premium granite countertops, a seamless single-level dining bar, and an upgraded GE slide-in stove with a matching granite backsplash and vent hood. High-end culinary additions include an easy-access drawer microwave, a super-quiet dishwasher, a French-door refrigerator, and extensive lighting. Both bedrooms have walk in closets and there are plantations shutters throughout. Both bathrooms have been completely transformed into spa-like retreats boasting beautiful custom tile work, massive walk-in showers, designer cabinetry, and Toto toilets. The versatile den features classic French doors and its own closet, making it an ideal home office or a welcoming third sleeping space for overnight guests, while an oversized laundry and utility room provides extra space for a hobby area or secondary desk. Relax on your oversized tiled balcony facing east, allowing you to enjoy shaded outdoor dining without the intense afternoon sun baking your space. This unit includes premium conveniences like two deeded garage spaces, a large assigned storage unit, and access to dedicated indoor bicycle and kayak storage rooms, with stylish furniture available as an optional inclusion. Built on a robust pier-and-pillar foundation, the building ensures peace of mind with floor-to-ceiling, certified hurricane-proof sliding glass doors engineered for severe wind pressures. This premium impact glass also blocks UV heat transmission for low energy bills and provides total sound insulation from the city below. The third floor acts as your private oasis, housing top-tier amenities including a resort-style outdoor pool and spa, an outdoor grilling area, a fully equipped modern fitness center, and an elegant community club room. Enjoy absolute privacy with layered property security, including an automated garage gate, electronic key fob access, continuous digital surveillance, and a 24-hour concierge service with an on-site management team staffing the secure main lobby to provide concierge-style oversight for arrivals and package deliveries. Located just one block off Main Street, Rivo places the best of the city at your doorstep. You can easily walk to two premium supermarkets, over a fifty top-tier restaurants, five performance theaters, and a multi-screen movie house. The location is an outdoor lover's paradise, situated moments from the vibrant paths of Payne Park, the stunning waterfront promenade of Bayfront Park, and the premier recreation at Centennial Park, giving you immediate access to the 10th Street boat launch for quick days out on the water. This is a rare opportunity to secure a highly upgraded, walkable luxury lifestyle in the heart of downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $233 | $233 | $233 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,353 | $3,535 | $4,650 |
| Total Monthly Payment | $3,678 | $3,860 | $4,975 |
* 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.