Residential Property - Condominium in Sarasota
Listing Price: $648,900 (Mortgage Calculator →)Cumulative Days on Market: 451
Description of Property
One or more photo(s) has been virtually staged. Offering an unmatched combination of structural peace of mind, a walk-to-everything downtown lifestyle, and rare perks like two secure parking spaces, this meticulously updated residence represents the ultimate value play in Sarasota’s luxury market and demands an in-person tour. DOWNTOWN VALUE & PRIME LOCATION | 2-BR + DEN | SECURE MODERN CONSTRUCTION For the buyer seeking the perfect intersection of strong value, a walk-to-everything location, and the structural integrity of a newer building, Residence #703 at Rivo at Ringling delivers on every front. Built in 2006, this 16-story contemporary tower stands out in downtown Sarasota for its modern concrete construction, excellent building health, and a fully funded reserve—offering rare peace of mind and long-term financial security. Encompassing just 106 residences around a dramatic, light-filled central atrium, Rivo offers an intimate, well-managed community feel with lower fees and better value per square foot than surrounding new construction, all while placing you steps from the city's best dining, theater, and waterfront. Inside, this meticulously updated 2-bedroom plus den, 2-bathroom residence offers an effortless, move-in-ready transition with both bedroom sets fully included in the sale. The bright, open-concept floor plan features a freshly modernized chef’s kitchen with sleek quartz countertops, a full-height seamless backsplash, custom stacked cabinetry, and stainless steel appliances. Expanses of glass open to an impressive, oversized 20x9-foot north-facing terrace, extending your living space outdoors for alfresco dining against a backdrop of the city skyline and a glimpse of Sarasota Bay. This split-bedroom layout ensures maximum privacy for guests, while the flexible custom den easily functions as a home office, media room, or a third sleeping space. Serving as a quiet retreat, the primary ensuite is complete with direct terrace access, a large walk-in closet, and a spa-inspired ensuite bathroom featuring a frameless glass shower and premium modern finishes. Practical efficiency and convenience are woven throughout the property, from the interior peace of an exterior-facing AC closet with a UV air-purifying system to a wealth of rare downtown parking assets. This residence includes an exceptionally rare commodity in downtown living - two oversized, under-building parking spaces in a secure gated garage! Also included is a private storage room, secure bike and kayak storage, and available EV charging stations. Rivo at Ringling further elevates its value proposition with resort-style amenities, including concierge services, a heated pool and spa with a sun deck, a covered grilling terrace, a state-of-the-art fitness center, and a pet-friendly policy with flexible rental guidelines. Combining a high-quality newer build, fully funded financial health, and a partially furnished (bedrooms only) head start in the heart of downtown, this residence represents an unmatched value play in Sarasota’s luxury market. Easy to view and easier to fall in love with Rivo and this 7th floor property.












































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Rivo At Ringling
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,582
Sq. Ft. Living Area: 1,440
Cost per (heated) sqare foot: $451
Year built: 2006
Annual Tax: $8,759
Condo Fee: $3,664 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Washer
Window Features: Window Treatments
Additional Rooms: Storage Rooms
Flooring: Tile
Green Features
Indoor Air Quality: HVAC UV/Elec. Filtration
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features: Lighting
Spa Features: In Ground
Exterior & Construction
Architectural Style: Custom
Construction: Concrete
Foundation: Stilt/On Piling
Roof: Tile
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Under Building
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Rear Porch
Other Structures: Storage
View: City
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Association Amenities: Storage
Lot Information
Lot Features: Sidewalk
Road Frontage: Street Paved
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2027071015
Zoning: DTC
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 703, RIVO AT RINGLING
Section: 19
Range: 18E
Listing courtesy of CORCORAN DWELLINGS REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.