Contemporary living is at its best in this light and bright highly sought-after northeast corner, 9th floor unit in Rivo at Ringling. This iconic building offers extensive concierge services, a full amenity level with pool, fitness and secure parking. Entering this unit is a delight as the comfortable foyer leads your eye immediately through the main living area to the extensive 16 ft sliding glass wall leading to a gracious 20’ x 9’ terrace overlooking three exposures of the city. You are captured by the open space, a variety of buildings, along with dense pockets of green trees and a larger than peekaboo view of the water. Carefully renovated with contemporary sensibilities, the sellers selected high end two-toned Cucine Ricci Italian Cabinetry with innovative storage solutions, custom paneled Premium Miele appliance faces, and fun counter seating to enjoy cooking companionship and the view. Enjoy the Miele induction cooktop, double ovens and the Zephyr overhead exhaust fan flush mounted to allow unobstructed views. The open floorplan of the great room accommodates ample seating and formal dining while enjoying the outdoor and evening lights. The master suite features a custom walk-in closet and en-suite bath with double vanity, tiled walk-in shower and a soaking tub. The split bedroom floorplan offers additional privacy, with two secondary bedrooms with city views and a full bathroom with a shower/tub combo and stylish glass vessel sink. Generous closet space throughout, there’s plenty of room for storage. A separate full-size laundry room is an added convenience. NEW water heater in Nov 2022, washer and dryer in Aug 2022, and Trane air conditioner Nov 2020. The secure gated parking garage with one dedicated space along with a storage room are most convenient. Offering vibrant urban living, Rivo at Ringling is built around an interior conservatory atrium with a rooftop full of natural light and tropical indoor landscaping. The contemporary tower offers easy access to all that downtown Sarasota has to offer yet is out of the fray of nightlife hustle and bustle; but only a convenient trolly ride to our breathtaking beaches, and easy walking to fine dining choices, boutique shopping, and entertainment opportunities. The fifth-floor amenities include a heated pool and spa with sundeck, BBQ, state-of-the-art gym, social room, and off the lobby friendly on-site building management and a convenient bike room. Redefining urban sophistication, Rivo at Ringling offers iconic style. The building has fully funded reserves and provides an active social calendar for its residents.
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William Raveis Mortgage, LLC
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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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $554 | $554 | $554 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,855 | $5,635 | $7,787 |
Total Monthly Payment | $6,534 | $6,314 | $8,466 |
* 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.