115 1 RIVO ALTO TER, Miami Beach, FL 33139

Parcel: 0232330010800 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$3,289,697

Property Details

Beds
3
Baths
2
Living Sqft
2,743
Year Built
1937
Lot Sqft
7,500
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,382,500
2004-11-01
2
$2,803,500+103%
2021-05-10
LORRAINE GOLDEN TRALEXANDER DROSIN
3
$4,650,000+66%
2024-05-17
ALEXANDER DROSINTHOMAS PENCE
4
$4,650,000
2024-05-21

Tax Assessment History

$3,289,697
Assessed (2025)
$3,289,697
Market Value
$3,289,697
Taxable Value
$66,976
Annual Tax
2024
$2,540,059
$3,185,476
2025
$3,289,697
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,289,697 $3,289,697 $3,289,697 $66,976
2024 $2,540,059 $3,185,476 $2,490,059 $50,696

About 115 1 RIVO ALTO TER, Miami Beach, FL 33139

115 1 RIVO ALTO TER, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1937 with 2,743 square feet of living space on a 7,500 square foot lot. The property is currently owned by THOMAS PENCE MELISSA PENCE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-05-21 for $4,650,000. There are 4 recorded sales for this property. The 2025 assessed value is $3,289,697 with a market value of $3,289,697.

This breaks down to $2,100,000 for the land and $1,189,697 for the building. The assessed value increased 30% from $2,540,059 in 2024. 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. There are active mortgage liens totaling $2,109,464 recorded against this property. 115 1 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 2004 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 71% of the most recent sale price.

Based on the most recent sale, this property traded at $1695 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

THOMAS PENCE MELISSA PENCE
150 FOREST BLVD, INDIANAPOLIS, IN, 46240
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$39,876 — $73,173
Flood $400 — $800
Property/Wind $39,476 — $72,373

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 →

Mortgages

ACTIVE
$2,242,800
~$2,109,464 bal.
SILICON VALLEY BANK · 2021-05-19
Est. Total Balance $2,109,464
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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