114 2 RIVO ALTO TER, Miami Beach, FL 33139

Parcel: 0232330010750 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$2,570,970

Property Details

Beds
3
Baths
2
Living Sqft
2,402
Year Built
1945
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$1,625,000
2019-11-26
ELIZABETH VIZZONEMICHAEL GARDNER
2
$2,600,000+60%
2021-07-09
MICHAEL GARDNERALAN L PHILIPS
3
$3,800,000+46%
2025-01-15
ALAN L PHILIPSRIVO ALTO LLC
4
$3,800,000
2025-01-17

Tax Assessment History

$2,570,970
Assessed (2025)
$2,754,018
Market Value
$2,520,248
Taxable Value
$51,310
Annual Tax
2024
$2,483,694
$2,964,714
2025
$2,570,970
$2,754,018
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,570,970 $2,754,018 $2,520,248 $51,310
2024 $2,483,694 $2,964,714 $2,433,694 $49,548

About 114 2 RIVO ALTO TER, Miami Beach, FL 33139

114 2 RIVO ALTO TER, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1945 with 2,402 square feet of living space on a 7,500 square foot lot. The property is currently owned by RIVO ALTO LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-01-17 for $3,800,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,570,970 with a market value of $2,754,018.

This breaks down to $2,100,000 for the land and $654,018 for the building. The assessed value increased 4% from $2,483,694 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile. 114 2 RIVO ALTO TER, Miami Beach, FL 33139 is located in Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2019 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1582 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RIVO ALTO LLC
114 2 RIVO ALTO TER, MIAMI BEACH, FL, 33139
Since: 2026-03-29
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People Behind This Entity

Registered Agent: BATIEVSKY HENRY
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Est. Annual Insurance

$31,251 — $57,361
Flood $400 — $800
Property/Wind $30,851 — $56,561

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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