8 months on rocket

401 E Rivo Alto Dr, Miami Beach, FL, 33139

$21,000,000

8 Bedrooms
7 Full Baths, 1 Partial
5,804 SqFt
$3,618/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Covered, Driveway, Garage
Attached Garage3 spaces
Year Built1991
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Pool
MLS #A11545573
StatusActive

About 401 E Rivo Alto Dr

Lush tropical landscaping envelops this exquisite contemporary waterfront residence with mesmerizing vistas of Miami Beach from its expansive floor-to-ceiling telescopic sliding glass doors. Featuring 7 bedrooms, 7.5 bathrooms, an elegant Italian kitchen, Miele/SubZero appliances, luxurious Dornbracht bath fixtures, and a cutting-edge Lutron lighting/Savant automated Smart system. Immerse yourself in tranquility and seclusion as you step into the home's picturesque courtyard entrance and then walk thru the open plan home to the spacious outdoor with wide bay water views. Experience the ultimate Miami lifestyle as you are walking distance to Sunset Harbor, and minutes from Design District and downtown with prestigious shopping, fine dining and nightlife.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1991
  • Stories: 2
  • Living Area: 5,804 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Wood
  • Interior: Built-in Features, First Floor Entry, Kitchen Island, Other, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Pool
  • Exterior: Deck

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 401 E Rivo Alto Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $21,000,000
  • Price Per SqFt: $3,618/SqFt

Tax Information:

  • Annual Amount: $124,987
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

401 E Rivo Alto Dr vs Miami Beach

259 DAYS ON ROCKET

+158 Days

$21,000,000

+$20.3M More

$3,618/SqFt

+$3K More

KEY TAKEAWAY

This property is $20.3M more than the Median Sold Price and $3K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11545573

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$124,987$6,496,873
2018$116,423$6,232,390
2017$118,506$6,263,917

History based on county public records data.

Payment Calculator

$104.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$63K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-709083
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-709084
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 1.49 miles

  • Public Charter Grades KG-5

school-card-donut-709085
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $199,138. Most Miami Beach, FL residents have annual incomes $200k+. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 E Rivo Alto Dr

What is the listing price of this property?

The listing price of 401 E Rivo Alto Dr property is $21,000,000.

What type of property is this?

The property 401 E Rivo Alto Dr is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 401 E Rivo Alto Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $124,987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 401 E Rivo Alto Dr has 8 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 401 E Rivo Alto Dr is 5,804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 E Rivo Alto Dr is 1991.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139401 E Rivo Alto Dr

This home is located at 401 E Rivo Alto Dr in Miami Beach, FL and zip code 33139 in the Venetian Islands neighborhood. This 5,804 square foot home was built in 1991. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $21,000,000.

While more than 6 listings in Miami Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. In October 2024 median list price was $604,583 and the average listing age was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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