NOT LISTED FOR SALE

Estimated Value: $643,000 - $769,000

2 Beds
2 Baths
1,483 Sq Ft
$779/mo HOA Fee

Last Sold June 22, 2021

Last sale price $470,000 $317 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,303/month

29 Days on Market

Highlights

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

About This Home

As of June 2021

Breathtaking, panoramic city views of downtown Sarasota await you. Situated in the highly esteemed
Rivo at Ringling, this high-rise penthouse is perfectly positioned and elevated to yield the best
sunsets and vistas. Your new condo is complete with two bedrooms, two bathrooms and a DEN that
can easily be used as a third bedroom, office, dining room or flex space. The generously high ceilings,
open main living space, split floor plan and spacious kitchen create an ideal and welcoming flow.
Some of the recent updates include brand new carpet in the bedrooms and the den, sparkling clean
tile throughout and high-end blinds. There are two deeded parking garage spaces and a storage room
ready for its new owners. Built with custom craftsmanship, Rivo at Ringling features a grand lobby,
high security and 24-hour concierge service. Residents can expect to enjoy the amenity-rich
atmosphere: a heated pool and spa, well-equipped fitness center, conference room, grilling and
outdoor dining area, bike room, kayak storage, mailroom, fobbed entry access and manager on-site.
Perhaps the most attractive quality of this residence is its convenient location right in the heart of
lovely and lively downtown Sarasota. You are walking distance to all of the best cuisine, fun shops
and boutiques, picturesque parks, neighbors to the John Ringling Bridge, the crystal blue sparkling
waters of Sarasota Bay, the arts scene and, of course, our world-renowned beaches. You won’t have
to go far for a spa day, grocery shopping at Whole Foods, live theater, arts and craft fairs and the
infamous Saturday Farmer’s Market that locals relish in. What an incredible opportunity to
experience all that this beautiful area has to offer! Relax and decompress on your balcony…breathe in
the fresh Florida air and exquisite sites. Watch the city put on a show for you with the Holiday
parades on Main Street and fireworks from Payne Park and Ed Smith Stadium. Only the best of all
worlds will do for your place in paradise.

Last Agent to Sell the Property

Kiley Riccardi, P.A.

MICHAEL SAUNDERS & COMPANY License #3278186 Listed on: 04/13/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Matt Sevarino

LPT REALTY, LLC License #3475725

LPT REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,833

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $779 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • Guest Parking

Property Views

Home Design

  • Penthouse
  • Contemporary Architecture
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,483 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Wheelchair Access

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Recreation Facilities
  • 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
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,833

Year Built

Built in 2006

Lot Details

0

HOA Fees

$779 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1483
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1615
  • Directions to Property: I-75 S – Exit 210 – Merge Right onto Fruitville Rd – Continue approx. 5.1 mi – Left US-301 S – Continue 0.2 mi – Right onto Ringling Blvd – Right onto Indian Pl – Right in 100 ft – Rivo at Ringling building on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497358?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497358?w=Customer
  • Floor Number: 13
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit, High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 316.93
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 291.02
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 15
  • Window Features: Blinds, Rods, Storm Window(s)
  • Street Number Modifier: 1771
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: City
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Other
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Private, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • 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, Wheelchair Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Pool, Recreation Facilities, Security, Spa/Hot Tub, Wheelchair Access
  • Association Name: Elisa Andersen
  • Phone: 941-957-1370
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2337
  • Condo Fees Term: Quarterly
  • Association Website: www.rivoatringling.com
  • Association Email: elisa.andersen@rivoatringling.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 779
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9348
  • Total Monthly Fees: 779

Schools

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

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071089
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 3 Months
  • Approval Process: Please see HOA Docs for any additional restrictions.
  • Num Timesper Year: 2
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for any additional restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 4833
  • Tax Book Number: 39/48
  • Tax Lot: PH 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Tomasso Lucas R and Tall Betsy
Bought by
Lucas Tomasso Living Trust
Current Estimated Value
$718,040

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 22, 2021
Sold by
Riccardi Jordan J and Delores Hoffman Revocable Trus
Bought by
Tomasso Lucas R
Seller's Agent
Kiley Riccardi, P.A.
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Matt Sevarino
LPT REALTY, LLC
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$329,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2020
Sold by
Foreman Michael L and Estate Of Delores Hoffman
Bought by
Riccardi Jordan J and Delores Hoffman Revocable Trus

Purchase Details

Closed on
Aug 12, 2010
Sold by
Mckean Robert C and Mckean Olivia
Bought by
Hoffman Delores D

Purchase Details

Closed on
Jul 21, 2008
Sold by
The Rivo At Ringling Llc
Bought by
Mckean Robert C and Mckean Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lucas Tomasso Living Trust -- None Listed On Document
Tomasso Lucas R $470,000 Attorney
Riccardi Jordan J -- Attorney
Riccardi Jordan J -- Accommodation
Hoffman Delores D $365,000 Attorney
Mckean Robert C $400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomasso Lucas R $329,000
Previous Owner Mckean Robert C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $470,000 0.0% $317 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $470,000 -- $317 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $8,419 $607,970 -- --
2023 $8,419 $552,700 $0 $552,700
2022 $8,203 $535,800 $0 $535,800
2021 $6,155 $383,300 $0 $383,300
2020 $4,833 $329,518 $0 $0
2019 $4,701 $322,109 $0 $0
2018 $4,619 $316,103 $0 $0
2017 $4,561 $309,601 $0 $0
2016 $4,566 $449,100 $0 $449,100
2015 $4,633 $422,600 $0 $422,600
2014 $4,625 $294,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4497358

Stellar MLS

APN: 2027-07-1089