NOT LISTED FOR SALE

Estimated Value: $1,020,073

3 Beds
2 Baths
1,895 Sq Ft
2006 Built

Sale Details

Date Sold: February 8, 2023

Last sale price $960,000 $507 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,051 / mo

4 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Open Floorplan
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • 4-minute walk to Myakka State Park

About This Home

As of February 2023

Live large in downtown Sarasota’s distinctive Rivo at Ringling condominium tower, located in the heart of the city and with easy access to the bayfront, shopping, dining, entertainment, and the area's most spectacular beaches. Panoramic city views await you in this most desirable and rarely available southwest facing corner unit with 3 bedrooms, 2 baths, 2 terraces, 2 garage spaces, and private storage room. Recently renovated with warm hardwood flooring, sleek kitchen cabinetry and quartz counters, this 3 bedroom/2 bath is an open and spacious floor plan, day and night this home is a stylishly, chic retreat! A large entry foyer welcomes all with generous wall space for art that extends throughout the apartment, where there is also an abundance of windows framing the cityscape. Enjoy the views when you wake up in the primary suite that also offers a large walk-in closet with custom organization, renovated bathroom with double vanity sinks. The second bedroom includes a murphy bed, generous closet, and private terrace. The third bedroom could also be used as a private den. Worth noting is the generous closet space throughout the apartment and a laundry room with full size washer and dryer and laundry sink. Rivo at Ringling includes indoor secure parking and residents’ storage units. Built around an interior atrium with a rooftop full of natural light and tropical indoor landscape, the building offers all the amenities for vibrant urban living including concierge, on site manager, resort style pool, spa, and sundeck, state of the art gym, large conference/media/card room, under building garage parking, and bike storage. Rivo at Ringling redefines urban sophistication and offers the ultimate style, location, and lifestyle!

Last Agent to Sell the Property

Joanna Benante

MICHAEL SAUNDERS & COMPANY License #3194005 Listed on: 01/20/2023

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Ann Martin

MICHAEL SAUNDERS & COMPANY License #0188503

Last Buyer's Agent

Suzanne Crandall

COLDWELL BANKER REALTY License #3247615

COLDWELL BANKER REALTY
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $1,239 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Full Bay or Harbor

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Stucco

Interior Spaces

  • 1,895 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Storage Room
  • Inside Utility
  • Concrete Flooring
  • In Wall Pest System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Customized Wheelchair Accessible
  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, recreational facilities, security, sewer, trash, water
  • Elisa Andersen Association, Phone Number (941) 957-1370
  • Visit Association Website
  • High-Rise Community
  • Rivo At Ringling Condos
  • Rivo At Ringling Community
  • Rivo At Ringling Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions
  • 15-Story Property

Amenities

  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,352

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$1,239 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: ICFs (Insulated Concrete Forms), Stucco
  • Fireplace: No
  • Living Area: 1895
  • New Construction: No
  • Year Built: 2006
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 2127
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4557881?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4557881?w=Customer
  • Floor Number: 8
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8448
  • Property Description: Corner Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 506.6
  • Close to Original List Price Ratio: 0.96
  • Ratio: Current Price\Building Area Total: 451.34
  • View: Yes
  • Co List Office Mls Id: 281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 15
  • Window Features: Blinds, Rods, Window Treatments, Storm Window(s)
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1251500009B
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, On Street, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Special Community Restrictions
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Other, Pool, Security, Spa/Hot Tub
  • Association Name: Elisa Andersen
  • Phone: 941-957-1370
  • Association: No
  • Security: Key Card Entry, Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 3716
  • Condo Fees Term: Quarterly
  • Association Website: www.RivoatRingling.com
  • Association Email: elisa.andersen@rivoatringling.com
  • S W Subdiv Condo Num: 8448
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1239
  • Complex Community Name NCCB: RIVO AT RINGLING
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14864
  • Total Monthly Fees: 1238.67

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071034
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Dimensions: 0
  • Flood Zone Code: C
  • Flood Zone Date: 1984-02-15
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Thermostat

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 3 Months
  • Approval Process: Per HOA/condo docs.
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 30% of the units may be rented at one time (32). Currently there are 30 rentals, so buyer would be able to rent the unit immediately. Tenants may not have pets.

Tax Info

  • Tax Annual Amount: 7351.56
  • Tax Book Number: 39/48
  • Tax Lot: 810

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 8, 2023
Sold by
Pendergrass Family Trust
Bought by
Seller's Agent
Joanna Benante
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Suzanne Crandall
COLDWELL BANKER REALTY
List Price
$1,000,000
Sold Price
$960,000
Premium/Discount to List
-$40,000
-4%
Views
39
Current Estimated Value
$1,020,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,073
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Gelb Lily
Bought by
Pendergrass Hohn Riley and Pendergrass Dorothy C

Purchase Details

Closed on
Dec 22, 2006
Sold by
The Rivo At Ringling Llc
Bought by
Gelb Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$960,000 --
Pendergrass Hohn Riley $730,000 None Available
Gelb Lily $566,800 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/08/2023 02/08/23 Sold $960,000 -4.0% $507 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $1,000,000 -- $528 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,113 $846,100 $846,100
2024 $11,202 $840,700 $840,700
2023 $11,202 $737,200 $0 $737,200
2022 $7,352 $514,279 $0 $0
2021 $7,399 $499,300 $0 $499,300
2020 $8,649 $565,800 $0 $565,800
2019 $8,208 $539,551 $0 $0
2018 $8,072 $529,491 $0 $0
2017 $7,977 $518,600 $0 $518,600
2016 $5,413 $518,600 $0 $518,600
2015 $5,493 $488,100 $0 $488,100
2014 $5,484 $340,593 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4557881

Stellar MLS

APN: 2027-07-1034

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