217 E Rivo Alto Dr
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $12,285/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Miami Beach
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $45,000,000 | $5,362 |
| 2026-06-23 | Listing removed | $41,500,000 | $4,945 |
| 2026-05-21 | Price change | $41,500,000 | $4,945 |
| 2026-01-15 | Listed for sale | $45,000,000 | $5,362 |
| 2024-06-29 | Listing removed | $38,500,000 | $4,587 |
| 2024-04-08 | Listing removed | $0 | – |
| 2023-09-22 | Listed for sale | $38,500,000 | $4,587 |
| 2022-06-22 | Listing removed | $0 | – |
| 2022-03-29 | Listed for rent | $25,000 | $3 |
| 2021-06-16 | Sold | $6,880,000 | $820 |
| 2019-01-04 | Listing removed | $6,690,000 | $797 |
| 2018-09-08 | Price change | $6,690,000 | $797 |
| 2018-03-02 | Price change | $6,999,999 | $834 |
| 2017-10-14 | Listed for sale | $7,850,000 | $935 |
| 1999-06-08 | Sold | $1,150,000 | $137 |
| 1997-03-17 | Sold | $831,000 | $99 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $163,150.62 | $7,479,186 |
| 2024 | $154,989.39 | $6,799,260 |
| 2023 | $153,032.05 | $6,366,940 |
| 2022 | $108,754.87 | $5,788,128 |
| 2021 | $50,552.46 | $2,659,125 |
| 2020 | $49,979.1 | $2,622,412 |
| 2019 | $48,885.65 | $2,563,453 |
| 2018 | $46,533.01 | $2,515,656 |
| 2017 | $46,533.01 | $2,463,914 |
| 2016 | $46,143.02 | $2,413,237 |
| 2015 | $46,679.12 | $2,396,462 |
| 2014 | $73,574.64 | $2,377,443 |
| 2013 | $51,174.29 | $2,705,649 |
| 2012 | $51,174.3 | $2,459,681 |
| 2011 | $46,284.9 | $2,236,074 |
| 2010 | $49,432.2 | $2,240,148 |
| 2009 | $47,050.7 | $2,327,529 |
| 2007 | $45,039.4 | $2,232,480 |
| 2006 | $51,313 | $0 |
| 2005 | $51,313 | $0 |
| 2004 | $48,733.5 | $0 |
| 2003 | $40,619.8 | $0 |
| 2002 | $26,004 | $0 |
| 2001 | $26,004 | $0 |
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