NOT LISTED FOR SALE

Estimated Value: $6,738,000 - $38,076,996

4 Beds
4.5 Baths
3,647 Sq Ft
$6,144/Sq Ft Est. Value

Highlights

  • Private Dock
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Maid or Guest Quarters

About This Home

As of December 2021

Classic Mediterranean home on coveted Rivo Alto Drive. Large, open living area leading out to a large grassy yard and oversize pool. Open water views with South Beach skyline. 3 bedrooms with en-suite baths. Oversized 15,750 square foot lot with ample parking and circular driveway. Furnished - Short Term - Available immediately.

Last Agent to Rent the Property

Matthew Crane

Compass Florida, LLC License #3213650 Listed on: 06/11/2021

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $154,989

Year Built

  • Built in 1934

Lot Details

  • 90 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 0800 - SGL FAMILY

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Entrance Foyer
  • Family Room
  • Game Room
  • Utility Room in Garage

Kitchen

  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Private Dock
  • Patio

Listing and Financial Details

  • Property Available on 6/11/21
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-33-001-0660

Community Details

Overview

  • No Home Owners Association
  • Rivo Alto Amd Subdivision

Amenities

  • Community Center
  • Bar or Lounge

Home Details

Home Type

Single Family

Est. Annual Taxes

$154,989

Year Built

Built in 1934

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2021-06-11
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1934
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lease Assignable: No
  • Unit Levels: 2
  • New Construction: No
  • Structure Type: Single Family-Seasonal, House
  • Subdivision Name: RIVO ALTO AMD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Ice Maker, Microwave
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s), Family Room, Foyer, Game Room, Maid'S Quarters, Pantry, Utility/Laundry In Garage
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Furnished: Furnished
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room, Foyer, Game Room, Maid'S Quarters, Pantry, Utility/Laundry In Garage

Exterior Features

  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: RIVO ALTO AMD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Circular Driveway

Utilities

  • Laundry Features: In Garage, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Amenities: Activity Room, Bar
  • Association: No

Lot Info

  • Parcel Number: 02-32-33-001-0660
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 0800 - SGL FAMILY
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Aige Tom Lord
Bought by
217 E Rivo Alto Dr Llc
Current Estimated Value
$22,407,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,128,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1999
Sold by
Santander Flavio E and Alvarez Gloria F
Bought by
Alge Tom L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1997
Sold by
Luis and Egozi Karen
Bought by
Santander Flavio E and Alvarez Gloria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
217 E Rivo Alto Dr Llc $6,880,000 Attorney
Alge Tom L $1,150,000 --
Santander Flavio E $831,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 217 E Rivo Alto Dr Llc $20,350,000
Closed 217 E Rivo Alto Dr Llc $4,128,000
Previous Owner Alge Tom Lord $930,000
Previous Owner Alge Tom Lord $350,000
Previous Owner Alge Tom Lord $929,000
Previous Owner Santander Flavio E $999,906
Previous Owner Santander Flavio E $650,000
Previous Owner Santander Flavio E $587,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Rented -- -- --
12/10/2021 12/10/21 Off Market -- -- --
09/22/2021 09/22/21 Price Changed $35,000 +16.7% $10 / Sq Ft
06/10/2021 06/10/21 For Rent $30,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $154,989 $7,479,186 -- --
2024 $153,032 $6,799,260 -- --
2023 $153,032 $6,366,940 $0 $0
2022 $108,755 $5,788,128 $5,457,375 $330,753
2021 $50,552 $2,659,125 $0 $0
2020 $49,979 $2,622,412 $0 $0
2019 $48,886 $2,563,453 $0 $0
2018 $46,533 $2,515,656 $0 $0
2017 $46,143 $2,463,914 $0 $0
2016 $46,088 $2,413,237 $0 $0
2015 $46,679 $2,396,462 $0 $0
2014 $73,575 $2,377,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11055682

MIAMI REALTORS® MLS

APN: 02-3233-001-0660