Experience stunning sunrises from the spacious terrace of this corner unit located in Rivo at Ringling. This distinctive condominium, renowned for its unique style, interior atrium, and upscale amenities, offers a lifestyle of unparalleled sophistication. This 2-bedroom, 2-bathroom, 1, 735 sq. ft. residence features a split floor plan with two primary suites and recently renovated bathrooms. The centerpiece of this unit is its central living area, ideal for entertainment. Flooding with natural light the living and dining spaces flow seamlessly onto a large terrace with non-slip tiles. A chef’s kitchen featuring raised panel wood cabinetry, black granite countertops, stainless-steel appliances and plenty of storage has been recently refreshed with contemporary finishes. Relax in your peaceful primary suite with a walk-in closet and renovated bathroom with dual vanities, walk-in shower, and soaking tub. The cozy second bedroom suite boasts a bright and airy atmosphere, complete with a den/study for added functionality and comfort. As a bonus, the large entryway closet has custom built-ins for added storage. This unit also includes two deeded parking spaces and a large storage unit measuring 13’ x 8’ x 10’. Rivo at Ringling offers many great amenities including concierge, heated pool and spa, sundeck with outdoor grill, spacious fitness center, social and conference room for resident's use and a convenient area for bike and kayak storage. A fantastic location within the heart of downtown Sarasota with effortless access to shopping, entertainment, movies, Saturday Farmers Market, airport, and the wonderful beaches of Sarasota
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $424 | $424 | $424 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,189 | $5,057 | $6,969 |
Total Monthly Payment | $5,705 | $5,481 | $7,393 |
* 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.