116 4 RIVO ALTO TER, Miami Beach, FL 33139

116 4 RIVO ALTO TER, Miami Beach, FL 33139 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 2,788 square feet of living space on a 7,500 square foot lot. The property is currently owned by RIVO ALTO RESIDENTIAL 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 2019-07-02 for $1,400,000, when BRIAN D SMITH sold to RIVO ALTO RESIDENTIAL LLC. The property has appreciated $1,121,000 (402%) since the prior sale of $279,000 on 1996-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,778,911 with a market value of $2,471,073. This breaks down to $2,100,000 for the land and $371,073 for the building. The assessed value increased 10% from $1,617,192 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. 116 4 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 1994 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 127% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $502 per square foot — a key metric for comparing value across Miami Beach's real estate market..