Atlantic Luxury Advisors
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90 photos

217 Rivo Alto Dr

Miami Beach, FL 33139

$45,000,000
6
6.5
8,393 sq ft
15,750 sq ft
2026
4 car
Single Family Residence
Yes
0
Active

Listing courtesy of The Brokerage South Florida Real Estate, LLC. (Joel Lusky). Contact: [email protected].

About this home

An exceptional waterfront estate on Rivo Alto Island, elevated 14.6 feet above sea level and conceived by one of South Florida’s leading luxury builders. Designed with an uncompromising focus on architecture and craftsmanship, the residence features interiors by Dunagan & Diverio, exquisite Ivory marble, French oak flooring and Boffi millwork throughout. The 11.6-foot salon is framed by floor-to-ceiling, high-efficiency glass, opening to commanding eastern bay views, with an elegant bar and dedicated waterfront lounge. A refined chef’s kitchen anchors the entertaining spaces, while the southeast-facing primary suite offers a private terrace, spa-inspired bath and expansive dressing room. Four additional ensuite bedrooms, a guest pavilion, theater, elevator, upstairs sitting room and advanced home automation complete the interiors. Outside, a mosaic infinity pool and spa frame the waterfront, complemented by a full summer kitchen and cabana bath. The private dock features a lift and 90 feet of water frontage with room for a large vessel. A dramatic rooftop captures 360-degree views, while more than 4,000 SF of understory provides two separate driveways, two air-conditioned garages, two carports and parking for 10+ vehicles. Minutes from Sunset Harbour and Downtown Miami, this is a rare opportunity to own one of the Venetian Islands’ most significant new waterfront residences.

What it costs to own
Estimated monthly payment
$324,941/mo
Principal and interest
$227,544
Property tax
$69,272
Homeowners insurance
$28,125
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$831,260/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.