When was property at 108 West Rivo Alto Drive built and last sold?

The property at 108 West Rivo Alto Drive was built in 2021 and last sold on Feb 18, 2021 for $21,000,000.

How much is this home worth?

The estimated value of the home located at 108 West Rivo Alto Drive is $22,169,500.

What are some comparable homes to 108 West Rivo Alto Drive?

There are currently no comparable homes to 108 West Rivo Alto Drive.

Miami Beach

33139

Venetian Islands

108 W Rivo Alto Dr

1 / 98

Map

$27,912,306*

● House - Off Market

108 W Rivo Alto Dr

Miami Beach, FL 33139

6 Beds

8 Baths, 1 Half Bath

$19,755,000 - $24,145,000

Reference Base Price*

27.16%

Since Nov 1, 2021

FL-Miami

Primary Model

Sold Mar 09, 2021

$21,000,000

108 Wra Llc

Buyer

Seaview Properties Llc

Seller

$15,700,000 by Jpmorgan Chase Bank Na

Mortgage Due Feb 01, 2052

Sold Jul 02, 2018

$2,092,800

Seaview Properties Llc

Buyer

Gold Mark

Seller

$7,850,000 by City National Bank Of Florida

Mortgage

About This Property

NEW MODERN ESTATE ON OVERSIZED LOT & A HALF FACING WEST WITH MAGICAL MIAMI SUNSETS DESIGNED BY CHOEFF LEVY FISCHMAN! Rooftop Deck w/ Frameless Glass Railings & Views of Miami Skyline. New Construction w/ 6 Beds + 7.5 Baths in 8,130 Interior Sq Ft on HUGE 16,266 Sq Ft Lot w/ 90' of Waterfront. Open Floorplan w/ Custom Italian Millwork Wall Paneling & Poured Concrete t/o Entertaining Areas. Eat-in Gourmet Chef's Kitchen w/ SubZero, Wolf & Miele Appliances. Savant Smart Home Automation. Summer Kitchen Overlooking Negative-Edge Pool w/ Double Water Feature & Lounge Seating. New Concrete Dock & Seawall w/ Boat Lift. Limestone Floors on Ground Floor + White Oak Emilia Wood on Upper Level. Walled & Gated Entry w/ 3-Car Garage. Venetian Lifestyle Near Dining & Entertainment. DELIVERS DECEMBER 2020

Unit Size

Days on Market

Land Size

0.37 acres

Price per sqft

Property Type

House

Property Taxes

$7,630

HOA Dues

Year Built

2021

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Mar 9, 2021	Sold	$21,000,000
Sold
Jan 17, 2021	In contract	-
In contract
Oct 13, 2020	Price Decreased	$21,950,000 ↓ $1M (4.6%)
Price Decreased
Aug 5, 2020	Listed	$23,000,000
Listed
Jul 2, 2018	Sold	$2,092,800
Sold

Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 2021

Building Count: 3
Bedroom Count: 6
Bathroom Count: 9
Full Bathrooms: 8
Partial Bathrooms: 9
Building Quality: A
Construction Type: Concrete block
Exterior Walls Type: Concrete block
Roof Shape Type: Rigid frame bar
Floor Count: 2
Living Units: 1
Basement Area: 0
Parking Space Count: 0
Pool Type: Pool

Dimensions

Lot Size Square Feet: 15,750

Lot Size Depth Feet: 1,750
Lot Size Frontage Feet: 900
Total Building Area: 9,927
Gross Building Area: 9,927
Building Area: 7,101
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 7,101
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: VO ALTO AMD
Land Acres: 0.362
Standard Land Use Code: Single family residential
Legal Description 1: 30VO ALTO AMD PB 7-74 LOT 11 & 8FT STRIP ADJ ON BAY & N1/2 LOT 10 & 8FT STRIP ADJ ON BAY BLK 1 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 90.000 X 175 OR 21210-1689 04 2003 1

Ownership

Current Owner : 108 WRA LLC

Previous Owner : SEAVIEW PROPERTIES LLC
Owner Before Previous Owner: GOLD MARK
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Dade County School District

School Tax School District: MIAMI BEACH
Census Tract: 004102

Zoning

Zoning: 0800

Geography

Assessors Map Reference: 183

District: 02
Parcel: 02-3233-001-0090
Block: 1
Lot: 11,10
Meridian: SEC 33 TWN 53S RNG 42E
Municipality: MIAMI BEACH
Latitude: 25.7895
Longitude: -80.1558

Address

Full Address: 108 W Rivo Alto Dr

Address - House Number: 108
Street Direction: W
Address - Street Name: Rivo Alto
Address - Suffix Type: Dr
State: FL
City Name: Miami Beach
Carrier Code: C014
4-Digit Zip Code: 1256
Zip Code: 33139

Valuation

Tax

Total Area: 7,968

Tax Year: 2023
Tax Amount: $394,191
Tax Rate Code Area: 200

Appraisal Valuation

Standard Deviation: 0.2778

Valuation Date: Jan 03, 2024
Confidence Score: 60
Final Value: 3,728,395
High Value: 4,764,474
Low Value: 2,692,315

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $15,700,000
First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
First Open Lien Mortgage Recording Date: Feb 01, 2022
First Open Lien Mortgage Financing Type: Adjustable Rate
First Open Lien Mortgage Loan Amount: $15,700,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Feb 01, 2052

Market Valuation

Market Total Value: $23,727,403

Market Land Value: $13,230,000
Market Improvement Value: $10,497,403

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $19,285,676

Sales

Current Sale Contract Date: Feb 18, 2021

Current Sale Recording Date: Mar 09, 2021
Current Sale Transaction ID: 11826355676
Current Sale Price: $21,000,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 2021R0171000
Previous Sale Recording Date: Jul 02, 2018
Previous Sale Contract Date: Jun 25, 2018
Previous Sale Amount: $2,092,800
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: GOLDENCLOUD CAPITAL LLC

First Mortgage Transaction Date: Mar 09, 2021
First Mortgage Loan Amount: $12,000,000
First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

Previous Mortgages

Previous Mortgage Lender: CITY NATIONAL BANK OF FLORIDA

Previous Mortgage Transaction Date: Jul 02, 2018
Previous Mortgage Loan Amount: $7,850,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: Unknown (DEFAULT)

Redact Ownership Info

Comparables

394 South Hibiscus Drive

Active

House

6 Beds

7 Baths

6,145 ft²

$2,929/ft²

$18,000,000 Aug 16, 2023

$14,843/mo

610 West Di Lido Drive

Active

House

5 Beds

6 Baths

4,703 ft²

$4,465/ft²

$21,000,000 Mar 2, 2022

$3,667/mo

240 West Rivo Alto Drive

Active

House

5 Beds

6 Baths

5,087 ft²

$3,735/ft²

$19,000,000 Apr 26, 2023

$6,511/mo

444 West Rivo Alto Drive

Active

House

5 Beds

5 Baths

4,816 ft²

$4,360/ft²

$21,000,000 Jul 5, 2023

$9,707/mo

205 North Hibiscus Drive

Active

House

5 Beds

4 Baths

3,488 ft²

$5,103/ft²

$17,800,000 Jun 27, 2023

1369 North Venetian Way

Active

House

5 Beds

6 Baths

7,283 ft²

$3,282/ft²

$23,900,000 Jun 6, 2023

$7,335/mo

508 West Di Lido Drive

Active

House

4 Beds

5 Baths

5,501 ft²

$4,636/ft²

$25,500,000 Jan 18, 2023

$20,250/mo

About Venetian Islands

Stats & Trends

Median Asking:

$1,680,000

Sale Price/ft²

$1,032

Below Asking

0.02%

Average Days on Market

Average Home Size

2456 ft²

Average Home Age

49.1 years

Currently For Sale

89 Listings

Similar Homes for Sale

Unit for sale at 508 West Di Lido Drive, Miami Beach, FL 33139

$25,500,000

4 Beds
5 Baths
5,501 ft²

508 West Di Lido Drive, Miami Beach, FL 33139 Listing by Shawn Ankari

Unit for sale at 1369 North Venetian Way, Miami, FL 33139

$23,900,000

5 Beds
6 Baths
7,283 ft²

1369 North Venetian Way, Miami, FL 33139 Listing by Mathieu Rochette

Unit for sale at 205 North Hibiscus Drive, Miami Beach, FL 33139

$17,800,000

5 Beds
4 Baths
3,488 ft²

205 North Hibiscus Drive, Miami Beach, FL 33139 Listing by Mirce Curkoski

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

$15,000 /mo

3 Beds
3.5 Baths
1,862 ft²

Listing by Matthew Crane

$15,000 /mo

4 Beds
4.5 Baths
2,860 ft²

Listing by Stephan Hermida

$16,500 /mo

2 Beds
2.5 Baths
1,324 ft²

Listing by Sophia Boris

Rentals Near You

Click here to view more rentals in the neighborhood.

108 W Rivo Alto Dr

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Venetian Islands

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions