327 E Rivo Alto Dr, Miami Beach, FL 33139 — MLS photo

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327 E Rivo Alto Dr, Miami Beach, FL 33139

Active · SingleFamilyResidence

$22,500,000

327 E Rivo Alto Dr, Miami Beach, FL 33139

Beds
6
Baths
7
Living area
5,479 sq ft
$ / sq ft
$4,107/sq ft
Year built
1939
Lot size
15,750 sq ft
HOA fee
—
Annual tax
—

About this property

This stunning waterfront sanctuary on the prestigious Venetian Islands offers 90 feet of prime bay frontage, seamlessly blending serene privacy with the vibrant energy of Miami Beach. Set on a rare lot-and-a-half, this architectural gem is designed for the discerning art lover and entertainer alike. Inside, soaring ceilings and walls of glass flood the home with natural light, framing sweeping open bay views from nearly every room. The expansive floor plan connects effortlessly to outdoor living areas, where a custom summer kitchen, Brazilian-style BBQ and pizza oven, and sparkling private pool await. Host unforgettable gatherings poolside or unwind under the stars in the elegant lounge areas with gas fire features. A newly designed chef’s kitchen, marble floors, and gallery-style walls enhance the home’s sophisticated yet relaxed ambiance. The property includes 6 bedrooms, 6.5 baths, a custom 4-car garage, and breathtaking view of blue oceans and this wonderful city. A true Miami masterpiece, this is waterfront living elevated. Minutes from Sunset Harbor, the Design District, world-class shopping, dining, and culture. Originally built in 1939, but fully remodeled with permits in 2015. Effective year built per Property Appraiser is 2015.

Property location

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327 E Rivo Alto Dr, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
5,479 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1939
Lot size
15,750 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11924811
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$90,848

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
3.8%
Mortgage payment
$106,661/mo
Down payment
$5,625,000
Loan amount
$16,875,000
Annual NOI
$189,760

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.