See Home Value
$25,426,267*
House - Off Market

8 W Rivo Alto Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
9 Baths, 1 Half Bath
square feet
8150 Sqft
$17,996,000 - $21,994,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold May 14, 2021
$199,950,000
$14,996 by Silicon Valley Bank
Mortgage Due Sep 01, 2051
Sold Mar 15, 2018
$170,000

About This Property

Welcome to the Venetian Islands where style, zhuzh and dazzling skyline views create the utmost Miami lifestyle in this sleek waterfront prize on the southern point of Rivo Alto Island made by Choeff Architecture + Wecselman Design. Open living areas offer all the indoor-outdoor tropical feels. Exceptionally appointed 5BD/7.5BA boasts: Boffi kitchen w/ Miele-Subzero-Wolf appliances, striking oval staircase topped by 300sf skylight, glass elevator, cerused oak wood floors, custom lighting, mature salt water aquarium, Savant Home System, Klaus garage lift and custom security. 100+ ft. of prime water frontage frames the outdoor living space where summer kitchen, pool & cabana, boat lift and dock await you. Own the gem among Miami Beach's collection of fine contemporary residences!

The manager has listed the unit size as 8150 square feet.
Unit Size
8,150Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$2,453
Property Type
House
Property Taxes
$21,761
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Feb 17, 2021 In contract -
In contract
Aug 21, 2020 Listed $19,995,000
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 225
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,900
  • Total Building Area: 8,150
  • Gross Building Area: 8,150
  • Building Area: 6,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,539
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVO ALTO AMD
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVO ALTO AMD PB 7-74 LOT 1 & 8FT STRIP ADJ ON BAY BLK 1 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 12900 SQ FT OR 13749-1977 0788 3

Ownership

  • Current Owner : 8 RIVO LLC
  • Previous Owner : THE REGENT TRUST COMPANY LIMITED
  • Owner Before Previous Owner: 8 WEST RIVO ALTO LLC
  • 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: 02-3233-001-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 33 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.788
  • Longitude: -80.155

    Address

  • Full Address: 8 W Rivo Alto Dr
  • Address - House Number: 8
  • 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: 1254
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 6,870
  • Tax Year: 2023
  • Tax Amount: $358,790
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,996
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $14,996
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $19,837,430
  • Market Land Value: $10,836,000
  • Market Improvement Value: $9,001,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,519,770

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11836575007
  • Current Sale Price: $199,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0342747
  • Previous Sale Recording Date: Mar 15, 2018
  • Previous Sale Contract Date: Mar 08, 2018
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed



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
7,558 ft²
$2,382/ft²
$18,000,000 Oct 28, 2021
-
$2,013/mo
House
5 Beds
5.5 Baths
4,703 ft²
$5,092/ft²
$23,950,000 Mar 2, 2022
-
$3,667/mo
House
6 Beds
6.5 Baths
6,746 ft²
$2,461/ft²
$16,600,000 Jul 14, 2022
-
$2,512/mo
House
6 Beds
6.5 Baths
4,896 ft²
$4,473/ft²
$21,900,000 Oct 25, 2022
-
$5,787/mo
House
6 Beds
6.5 Baths
5,292 ft²
$3,401/ft²
$18,000,000 Jul 18, 2022
-
$5,784/mo
House
3 Beds
4 Baths
3,646 ft²
$6,034/ft²
$22,000,000 Nov 9, 2022
-
$2,317/mo

About Venetian Islands


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Nearby Rentals

Unit for rent at

$15,000 /mo

  • 4 Beds
  • 4.5 Baths
  • 2,860 ft²
Listing by Stephan Hermida
Unit for rent at

$15,000 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,862 ft²
Listing by Matthew Crane
Unit for rent at

$16,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,324 ft²
Listing by Sophia Boris


Frequently Asked Questions

When was property at 8 West Rivo Alto Drive built and last sold?
The property at 8 West Rivo Alto Drive was built in 2017 and last sold on Apr 28, 2021 for $199,950,000.
How much is this home worth?
The estimated value of the home located at 8 West Rivo Alto Drive is $20,194,950.
What are some comparable homes to 8 West Rivo Alto Drive?
There are currently no comparable homes to 8 West Rivo Alto Drive.

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