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Off market
  • $16,555,600

    248 W Rivo Alto Dr, Miami Beach, FL 33139

    6beds
    4,092sqft
    SingleFamily
    Built in 1929
    0.36 Acres Lot
    $16,555,600 Zestimate®
    $4,046/sqft
    $93,673 Estimated rent

    Home value

    $16,555,600

    $13.74M - $19.87M

    $93,673/mo

    Zestimate® history
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    Rent Zestimate®

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    $114,311/mo

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    $114,311/mo

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    What's special

    Located on the first of the Venetian Islands, Rivo Alto is walking distance to Sunset Harbor commercial district, parks and The Standard Hotel / Spa. This impeccably maintained Mediterranean Style home sits on an oversized 15,750 SqFt Lot with 90 ft of water frontage. Add your own touch to the current home through the possibility of an extension, build your dream home or enjoy its current layout at the price of the Land. The main house has 4 bedrooms 3 baths. The separate guest house contains a 1 bed / 1 bath ground floor suite + 2 car garage and a second floor 580 s/f 1 bed / 1 bath apartment with living room and kitchen. Per appraisal the total living area equal 4,899 SqFt.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • First Floor Entry, French Doors, Walk-In Closets, Fireplace, Closet Cabinetry
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,092 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: yes
    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 0232330010210

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1929

    Community & neighborhood

    Location
    • Region: Miami Beach

    Other

    Other facts
    • Cooling Description: Central Cooling
    • Equipment Appliances: Refrigerator, Dryer, Wall Oven, Microwave, Washer, Icemaker, Gas Range, Natural Gas
    • Front Exposure: East
    • Heating Description: Central Heat
    • Floor Description: Wood Floors, Marble Floors
    • Housing Older Persons Act: No HOPA
    • Listing Type: Exclusive Right to Sell/Rent
    • Exterior Features: Exterior Lighting, Open Porch, Deck, High Impact Doors
    • Membership Purch Rqd YN: 0
    • Lot Description: 1/4 To Less Than 1/2 Acre Lot
    • Interior Features: First Floor Entry, French Doors, Walk-In Closets, Fireplace, Closet Cabinetry
    • Pool YN: 1
    • Parking Description: Driveway
    • Property Type: Single Family
    • Roof Description: Barrel Roof
    • Rooms Description: Family Room, Den/Library/Office, Separate Guest/In-Law Quarters, Guest House
    • Sewer Description: Municipal Sewer
    • Terms Considered: All Cash, Conventional
    • Typeof Property: Single
    • Water Description: Municipal Water
    • Year Built Description: Resale
    • Bedroom Description: At Least 1 Bedroom Ground Level
    • Subdivision Information: No Subdiv/Park Info
    • Section: 33
    • Pool Description: Below Ground Pool
    • Construction Type: Concrete Block Construction
    • Design: Attached
    • Style: WF/Pool/Ocean Access
    • Tax Information: Tax Reflects Homestead Tax
    • View: Pool Area View, Bay
    • Water Access: Unrestricted Salt Water Access, Private Dock
    • Waterfront Property YN: 1
    • Design Description: Two Story, Old Spanish
    • Waterfront Description: Canal Front, Bay Front
    • Status: Active
    • Restrictions: See Broker Remarks
    • Garage Description: Detached

    Price history

    DateEventPrice
    8/21/2020Sold$6,700,000-2.9%$1,637/sqft
    Source: MIAMI #A10791650 Report a problem
    7/22/2020Price change$6,900,000-8%$1,686/sqft
    Source: Compass Florida, LLC. #A10791650 Report a problem
    1/3/2020Listed for sale$7,500,000-2.6%$1,833/sqft
    Source: Compass Florida, LLC. #A10791650 Report a problem
    7/18/2019Listing removed$7,700,000$1,882/sqft
    Source: Compass Florida, LLC. #A10620915 Report a problem
    2/20/2019Listed for sale$7,700,000-21%$1,882/sqft
    Source: Compass Florida, LLC. #A10620915 Report a problem
    2/24/2017Listing removed$9,750,000$2,383/sqft
    Source: EWM Miami Beach #A10031494 Report a problem
    2/11/2016Listed for sale$9,750,000$2,383/sqft
    Source: EWM Miami Beach #A10031494 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$110,114 +2.7%$5,911,209 +2.9%
    2024$107,174 +2.4%$5,744,616 +3%
    2023$104,615 -4.4%$5,577,298 -4.9%
    2022$109,440 +0.2%$5,865,850 -1.3%
    2021$109,169 +487.9%$5,945,543 +494.6%
    2020$18,569 +2.3%$999,948 +2.3%
    2019$18,152 +5.1%$977,467 +1.9%
    2018$17,266 $959,242 +2.1%
    2017$17,266 +0.9%$939,513 +2.1%
    2016$17,114 -1.1%$920,190 +0.7%
    2015$17,304 -1.7%$913,794 +0.8%
    2014$17,602 +2.6%$906,542 +1.5%
    2013$17,154 +0%$893,145 +1.7%
    2012$17,154 -2.8%$878,216 +4.5%
    2010$17,640 +10.3%$840,037 +2.7%
    2009$15,997 +3.2%$817,953 +6.5%
    2007$15,501 -9.2%$768,336
    2006$17,075 --
    2005$17,075 +1.2%--
    2004$16,877 --

    Find assessor info on the county website

    Neighborhood: Rivo Alto Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Beach
    • Middle: Nautilus
    • High: Miami Beach

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $16,555,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $16,555,600