6 months on rocket

424 W Rivo Alto Dr, Miami Beach, FL, 33139

$38,000,000

6 Bedrooms
6 Full Baths, 2 Partial
6,867 SqFt
$5,534/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered
Garage6 spaces
Year Built2025
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11576858
StatusActive

About 424 W Rivo Alto Dr

Luxurious Venetian Island waterfront home under construction with expected completion end of 2024. Modern tropical residence showcases a series of architectural scenes with seamless indoor-outdoor living, natural elements & breathtaking wide bay sunset views. Exquisite interior finishes planned, and outdoors features covered dining, custom kitchen, tranquil pool overlooking Biscayne Bay. 104 feet of waterfront. Purchase while under construction + save 3 years of your life avoiding planning and building.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2025
  • Stories: 2
  • Living Area: 6,867 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Marble, Wood
  • Interior: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Barbecue, Porch, Patio

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Attached Carport, Covered

Virtual/3D Tour

  • Virtual Tour: 424 W Rivo Alto Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $38,000,000
  • Price Per SqFt: $5,534/SqFt

Tax Information:

  • Annual Amount: $55,542
  • 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

424 W Rivo Alto Dr vs Miami Beach

198 DAYS ON ROCKET

+97 Days

$38,000,000

+$37.3M More

$5,534/SqFt

+$4.9K More

KEY TAKEAWAY

This property is $37.3M more than the Median Sold Price and $4.9K/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: #A11576858

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$55,542$2,909,739
2018$51,716$2,791,286
2017$51,284$2,733,875

History based on county public records data.

Payment Calculator

$189.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$113.9K

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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-710921
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 1.42 miles

  • Public Charter Grades KG-5

school-card-donut-710922
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.57 miles

  • Public District Grades PK-5

school-card-donut-710923
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.77 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. The most common annual income of people living in Miami Beach, FL is $200k+. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 424 W Rivo Alto Dr

What is the listing price of this property?

The listing price of 424 W Rivo Alto Dr property is $38,000,000.

What type of property is this?

The property 424 W Rivo Alto Dr is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 424 W 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 $55,542 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 424 W Rivo Alto Dr has 6 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 424 W Rivo Alto Dr is 6,867 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 424 W Rivo Alto Dr is 2025.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139424 W Rivo Alto Dr

This home is located at 424 W Rivo Alto Dr in Miami Beach, FL and zip code 33139 in the Venetian Islands neighborhood. This 6,867 square foot home was built in 2025. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $38,000,000.

Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.

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

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