NOT LISTED FOR SALE

401 W Rivo Alto Dr Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $6,620,000 - $8,265,098

5 Beds
5.5 Baths
4,789 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $4,200,000 $877 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $45,025/month

47 Days on Market

Highlights

  • Heated In Ground Pool
  • Bay View
  • Deck
  • North Beach Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • No HOA

About This Home

As of February 2021

This contemporary, new construction (2015) home by Architect Ralph Choeff features 5 bedrooms and 5,038 SF of adjusted living space. This designer home offers high ceilings, lots of natural light, a modern gas fireplace and top-of-the-line finishes & appliances such as a smart Lutron system, motorized window treatment and a sound system. Large bedrooms with generous built-in closets and private terraces. The state-of the-art kitchen comes with Italian cabinetry and Miele appliances.
The 11.250 SF lot includes a large pool deck with a heated pool, waterfall feature, jacuzzi and shower. Additionally, a cabana with built-in summer kitchen and soft lighting ideal for relaxation and 'al fresco’ dining, A +1,000 SF of roof top terrace with stunning views of the water and the Miami skyline.

Last Agent to Sell the Property

David Siddons

Douglas Elliman License #3225344 Listed on: 11/04/2020

Douglas Elliman

Co-Listed By

Stefania Cambarau

Douglas Elliman License #3262980

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,885

Year Built

  • Built in 2015

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,789 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Tile Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Thermostat

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator

Community Details

  • No Home Owners Association
  • Rivo Alto Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-001-1090

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,885

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: RIVO ALTO AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4789
  • Other Equipment: Whole House Permanent Generator
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Drapes, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining, Other
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Bay, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Heated, Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: RIVO ALTO AMD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-33-001-1090
  • Lot Size Sq Ft: 11250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Exposure/Shade, Thermostat, Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 57885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 2, 2021
Sold by
Shanley Michael
Bought by
F4 Mia Ra Llc
Seller's Agent
David Siddons
Douglas Elliman
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$4,495,000
Sold Price
$4,200,000
Premium/Discount to List
-$295,000
-6.56%
Current Estimated Value
$7,148,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,948,775
Avg. Annual Appreciation
12.23%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 14, 2017
Sold by
Camera Carmine and Camera Elizabeth
Bought by
Shanley Michael
Seller's Agent
John Sandberg
Compass Florida, LLC
Buyer's Agent
Reid Heidenry
One Sotheby's International Re
List Price
$5,490,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,390,000
-25.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Rivo Holdings Llc
Bought by
Camera Carmine and Camera Elizabeth

Purchase Details

Closed on
Mar 15, 2011
Sold by
Hurst Jennifer
Bought by
Rivo Holdings Llc
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
F4 Mia Ra Llc $4,200,000 Attorney
F4-Mia-Ra Llc $4,200,000 Previti Peter
Shanley Michael $4,100,000 Attorney
Camera Carmine $925,000 Attorney
Rivo Holdings Llc $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shanley Michael $2,800,000
Previous Owner Camera Carmine $400,000
Previous Owner Camera Carmine $1,650,000
Previous Owner Camera Carmine $1,700,000
Previous Owner Hurst Jennifer $244,500
Previous Owner Hurst Jennifer $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $4,200,000 -6.6% $877 / Sq Ft
12/22/2020 12/22/20 For Sale $4,495,000 0.0% $939 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $4,495,000 +9.6% $939 / Sq Ft
11/15/2017 11/15/17 Sold $4,100,000 -8.7% $814 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/17/2017 08/17/17 Price Changed $4,490,000 -3.4% $892 / Sq Ft
04/19/2017 04/19/17 Price Changed $4,650,000 -6.1% $923 / Sq Ft
12/13/2016 12/13/16 Price Changed $4,950,000 -4.6% $983 / Sq Ft
10/28/2016 10/28/16 Price Changed $5,190,000 -5.5% $1,031 / Sq Ft
08/31/2016 08/31/16 For Sale $5,490,000 -- $1,090 / Sq Ft
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 $83,239 $4,678,295 $3,150,000 $1,528,295
2024 $74,540 $4,285,876 -- --
2023 $74,540 $3,896,251 $0 $0
2022 $66,553 $3,542,047 $2,025,000 $1,517,047
2021 $57,083 $2,997,366 $0 $0
2020 $56,437 $2,955,983 $1,406,700 $1,549,283
2019 $57,886 $3,027,899 $1,462,500 $1,565,399
2018 $67,818 $3,606,517 $2,025,000 $1,581,517
2017 $22,238 $1,208,603 $0 $0
2016 $22,205 $1,183,745 $0 $0
2015 $6,037 $345,095 $0 $0
2014 $6,139 $342,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Siddons

    Seller's Agent in 2021

    David Siddons

    Douglas Elliman

    (305) 508-0899

    3 in this area

    197 Total Sales

    David Siddons
    Section Image
  • Stefania Cambarau

    Seller Co-Listing Agent in 2021

    Stefania Cambarau

    Douglas Elliman

    (305) 965-1232

    7 in this area

    44 Total Sales

    Stefania Cambarau
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • John Sandberg

    Seller's Agent in 2017

    John Sandberg

    Compass Florida, LLC

    (786) 497-3866

    59 Total Sales

    John Sandberg
    Section Image
  • Ann Nortmann

    Seller Co-Listing Agent in 2017

    Ann Nortmann

    Douglas Elliman

    (786) 385-6977

    1 in this area

    32 Total Sales

    Ann Nortmann
    Section Image
  • Reid Heidenry

    Buyer's Agent in 2017

    Reid Heidenry

    One Sotheby's International Re

    (305) 942-7302

    7 in this area

    87 Total Sales

    Reid Heidenry
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10952684

MIAMI REALTORS® MLS

APN: 02-3233-001-1090

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

401 W Rivo Alto Dr, Miami Beach, FL

This home is located at 401 W Rivo Alto Dr, Miami Beach, FL 33139 since 04 November 2020 and is currently estimated at $7,148,775, approximately $1,492 per square foot. This property was built in 2015. 401 W Rivo Alto Dr is a home with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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