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Waterfront · Single Family Residence
$17,500,000$3,465 / sqft
11 E Rivo Alto Dr, Miami Beach FL 33139
Listed
4
Bedrooms
5
Bathrooms
5,050 sqft
Interior
1935
Year built
None
HOA
Single Family Residence
Type
About this home
Perfect opportunity to build your dream home on the exclusive south tip of Rivo Alto Island. This oversized 12,900 SF lot features 105 feet of water frontage with stunning sunset views of the open bay and Miami Downtown skyline. The 2-story home boasts 4 bedrooms, 5 bathrooms, and over 5,000 SF of living space, including a sparkling pool with breathtaking vistas and a private dock offering the ultimate boating experience. Located in the coveted Venetian Islands, this property is just minutes from Miami’s finest dining, beaches, and shopping. Renovate the current residence or design a custom sanctuary, this property provides an extraordinary canvas to create a luxurious island retreat. Experience the best of Miami living with privacy, elegance, and unmatched open water views.
Features
- First Floor Entry
- Built-in Features
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Lighting
- Open Balcony
- Bay
- Pool
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Miami Beach, from 30 active listings; the middle half ask $13,000–$28,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.