by RH Advisors

See Home Value
$21,000,000
House - Off Market

444 W Rivo Alto Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4816 Sqft
$112,821
Estimated Monthly
$0
HOA / Fees
0.98%
Cap Rate

About This Property

A stunning waterfront sanctuary where Mediterranean design meets modernism. At the tip of Venetian Islands, this Bayfront residence is an oasis retreat. 4,816 SQFT beautifully designed interiors, 5 bedrooms and 5 full bathrooms, 108' water frontage, on a 13,382 SQFT lot. Features include; fireplace, wet bar, gourmet chef's kitchen which is equipped with Wolf and Samsung appliances, granite center island, and eat-in seating. The kitchen seamlessly flows into the family and dining room, surrounded by large windows with breathtaking views. Other features; wide plank tan oak & custom Cuban tile floors, high wood-beamed ceilings, sky lights & an interior courtyard. The exterior includes a pool & fountain, and sun deck. Offering a substantial dock for a 100ft yacht, & direct bay & ocean access.
Unit Size
4,816Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$4,360
Property Type
House
Property Taxes
$9,707
HOA Dues
-
Year Built
1934
Last updated: 5 months ago (Miami MLS #A11410400)

Price History

Date / Event Date Event Price
Dec 29, 2023 No longer available -
No longer available
Jul 13, 2023 Listed by One Sothebys International Realty $21,000,000
Listed by One Sothebys International Realty
A stunning waterfront sanctuary where Mediterranean design meets modernism. At the tip of Venetian Islands, this Bayfront residence is an oasis retreat. 4,816 SQFT beautifully designed interiors, 5 bedrooms and 5 full bathrooms, 108' water frontage, on a 13,382 SQFT lot. Features include; fireplace, wet bar, gourmet chef's kitchen which is equipped with Wolf and Samsung appliances, granite center island, and eat-in seating. The kitchen seamlessly flows into the family and dining room…
May 11, 2022 Sold $13,724,500
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,382
  • Total Building Area: 4,816
  • Gross Building Area: 4,816
  • Building Area: 4,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVO ALTO AMD
  • Land Acres: 0.307
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVO ALTO AMD PB 7-74 LOT 19 & 8FT STRIP ADJ ON BAY BLK 2 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 13382 SQ FT OR 19586-1046 12 2000 1

Ownership

  • Current Owner : LOU GROLL INVESTMENTS LLC
  • Previous Owner : DI-LITTLE HOUSE INC
  • Owner Before Previous Owner: BETTE A SNETMAN I
  • Ownership Rights Codes: unknown
  • 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: 02-3233-001-0350
  • Block: 2
  • Lot: 19
  • Meridian: SEC 33 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7942
  • Longitude: -80.1554

    Address

  • Full Address: 444 W Rivo Alto Dr
  • Address - House Number: 444
  • 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: 1262
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 4,816
  • Tax Year: 2023
  • Tax Amount: $219,826
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2643
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 4,411,445
  • High Value: 5,577,424
  • Low Value: 3,245,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,000,000
  • First Open Lien Mortgage Lender: LONDON FINANCIAL CITY NATIONAL
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $8,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $11,633,026
  • Market Land Value: $11,240,880
  • Market Improvement Value: $392,146

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,633,026
  • Assessed Land Value: $11,240,880
  • Assessed Improvements Value: $392,146

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11888240967
  • Current Sale Price: $13,724,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 385153
  • Previous Sale Recording Date: Apr 05, 2001
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONDON FINANCIAL CITY NATIONAL
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $8,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,703 ft²
$4,465/ft²
$21,000,000 Mar 2, 2022
-
$3,667/mo
House
5 Beds
5.5 Baths
5,087 ft²
$3,735/ft²
$19,000,000 Apr 27, 2023
-
$6,511/mo
House
5 Beds
5.5 Baths
7,283 ft²
$3,282/ft²
$23,900,000 Jun 9, 2023
-
$7,335/mo
House
6 Beds
6 Baths
10,385 ft²
$2,398/ft²
$24,900,000 Sep 21, 2022
-
$10,250/mo

About Venetian Islands


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Unit for sale at 240 West Rivo Alto Drive, Miami Beach, FL 33139

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Nearby Rentals

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Frequently Asked Questions

When was property at 444 West Rivo Alto Drive built and last sold?
The property at 444 West Rivo Alto Drive was built in 1934 and last sold on Apr 15, 2022 for $13,724,500.
How much is this home worth?
The estimated value of the home located at 444 West Rivo Alto Drive is $21,210,000.
What are some comparable homes to 444 West Rivo Alto Drive?
Homes that are comparable to 444 West Rivo Alto Drive include a house property at 610 West Di Lido Drive, 240 West Rivo Alto Drive, 1369 North Venetian Way.

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