An exceptional waterfront estate on Rivo Alto Island, elevated 14.6 feet above sea level and conceived by one of South Florida’s leading luxury builders. Designed with an uncompromising focus on architecture and craftsmanship, the residence features interiors by Dunagan & Diverio, exquisite Ivory marble, French oak flooring and Boffi millwork throughout. The 11.6-foot salon is framed by floor-to-ceiling, high-efficiency glass, opening to commanding eastern bay views, with an elegant bar and dedicated waterfront lounge. A refined chef’s kitchen anchors the entertaining spaces, while the southeast-facing primary suite offers a private terrace, spa-inspired bath and expansive dressing room. Four additional ensuite bedrooms, a guest pavilion, theater, elevator, upstairs sitting room and advanced home automation complete the interiors. Outside, a mosaic infinity pool and spa frame the waterfront, complemented by a full summer kitchen and cabana bath. The private dock features a lift and 90 feet of water frontage with room for a large vessel. A dramatic rooftop captures 360-degree views, while more than 4,000 SF of understory provides two separate driveways, two air-conditioned garages, two carports and parking for 10+ vehicles. Minutes from Sunset Harbour and Downtown Miami, this is a rare opportunity to own one of the Venetian Islands’ most significant new waterfront residences.
New construction
$45,000,000
217 E Rivo Alto Dr, Miami Beach, FL 33139
6beds
8,393sqft
Single Family Residence
Built in 2026
0.36 Acres Lot
$-- Zestimate®
$5,362/sqft
$-- HOA
What's special
Two carportsFour additional ensuite bedroomsUpstairs sitting roomPrivate terraceExpansive dressing roomFull summer kitchenDedicated waterfront lounge
- 21 days
- 3,057
- 277
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joel Lusky 305-761-5259,
The Brokerage South Florida Real Estate, LLC.,
Jordan Karp 305-610-1689,
Jordan Karp LLC
Source: MIAMI,MLS#: A12094203
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Rooms
- Room types: Media Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Bar, Kitchen Island, Elevator, Walk-In Closet(s), Maid/In-Law Quarters
- Flooring: Marble, Wood
- Doors: High Impact Doors
Interior area
- Total structure area: 9,609
- Total interior livable area: 8,393 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Additional Spaces Available, Covered, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
- Frontage type: Bay/Harbor
- Frontage length: 90
Lot
- Size: 0.36 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0232330010660
- Zoning: 0800
- Other equipment: Whole House Permanent Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Other
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: HOA
- Subdivision: Rivo Alto Amd
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $5,362/sqft
- Tax assessed value: $10,922,625
- Annual tax amount: $188,047
- Date on market: 9/23/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $45,000,000+8.4%$5,362/sqft |
Source: | ||
| 6/23/2026 | Listing removed | $41,500,000$4,945/sqft |
Source: | ||
| 5/21/2026 | Price change | $41,500,000-7.8%$4,945/sqft |
Source: | ||
| 1/15/2026 | Listed for sale | $45,000,000+16.9%$5,362/sqft |
Source: | ||
| 6/29/2024 | Listing removed | $38,500,000$4,587/sqft |
Source: | ||
| 4/8/2024 | Listing removed | -- |
Source: | ||
| 9/22/2023 | Listed for sale | $38,500,000+459.6%$4,587/sqft |
Source: | ||
| 6/22/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/29/2022 | Listed for rent | $25,000$3/sqft |
Source: Zillow Rental Network_1 #A11180918 Report a problem | ||
| 6/16/2021 | Sold | $6,880,000+2.8%$820/sqft |
Source: Public Record Report a problem | ||
| 1/4/2019 | Listing removed | $6,690,000$797/sqft |
Source: Douglas Elliman #A10355098 Report a problem | ||
| 9/8/2018 | Listed for sale | $6,690,000-4.4%$797/sqft |
Source: Douglas Elliman #A10355098 Report a problem | ||
| 3/2/2018 | Price change | $6,999,999-10.8%$834/sqft |
Source: Douglas Elliman #A10355098 Report a problem | ||
| 10/14/2017 | Listed for sale | $7,850,000+582.6%$935/sqft |
Source: Douglas Elliman #A10355098 Report a problem | ||
| 6/8/1999 | Sold | $1,150,000+38.4%$137/sqft |
Source: Public Record Report a problem | ||
| 3/17/1997 | Sold | $831,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $163,151 +5.3% | $7,479,186 +10% |
| 2024 | $154,989 +1.3% | $6,799,260 +6.8% |
| 2023 | $153,032 +40.7% | $6,366,940 +10% |
| 2022 | $108,755 +115.1% | $5,788,128 +117.7% |
| 2021 | $50,552 +1.1% | $2,659,125 +1.4% |
| 2020 | $49,979 +2.2% | $2,622,412 +2.3% |
| 2019 | $48,886 +5.1% | $2,563,453 +1.9% |
| 2018 | $46,533 | $2,515,656 +2.1% |
| 2017 | $46,533 +0.8% | $2,463,914 +2.1% |
| 2016 | $46,143 -1.1% | $2,413,237 +0.7% |
| 2015 | $46,679 -36.6% | $2,396,462 +0.8% |
| 2014 | $73,575 +43.8% | $2,377,443 -12.1% |
| 2013 | $51,174 0% | $2,705,649 +10% |
| 2012 | $51,174 +10.6% | $2,459,681 +10% |
| 2011 | $46,285 -6.4% | $2,236,074 -0.2% |
| 2010 | $49,432 +5.1% | $2,240,148 -3.8% |
| 2009 | $47,051 +4.5% | $2,327,529 +4.3% |
| 2007 | $45,039 -12.2% | $2,232,480 |
| 2006 | $51,313 | -- |
| 2005 | $51,313 +5.3% | -- |
| 2004 | $48,734 +20% | -- |
| 2003 | $40,620 +56.2% | -- |
| 2002 | $26,004 | -- |
| 2001 | $26,004 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Rivo Alto Island
Nearby schools
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





