415 E Rivo Alto Drive In Venetian Islands Miami Beach Acquired By 415 E Rivo Alto Drive, LLC With Berkshire Hathaway HomeServices As The Broker

Located in the prestigious Venetian Islands of Miami Beach, a development site at 415 E Rivo Alto Drive has recently been sold in a closed transaction. The property, situated on a spacious lot measuring 10,833 square feet, offers stunning open bay views. The asset, a vacant lot primed for development, has been acquired by 415 E Rivo Alto Drive, LLC.

Summary of Transaction Details:

• Property Type: Development Site
• Sale Price: $6,959,000
• Lot Size: 10,833 square feet
• Price per Square Foot: $642
• Market: Venetian Islands Miami Beach

In brokering this transaction, David Hunt Solomon, a top producer at Berkshire Hathaway HomeServices EWM Realty, represented both the buyer and seller. The trusted real estate professional facilitated the purchase of the property and will be overseeing its development. Notably, the vacant lot will be transformed into a state-of-the-art showpiece estate designed by the award-winning architectural firm, Touzet Studio. The architects, Carlos Prio-Touzet and Jacqueline Gonzalez Touzet, recipients of the 2021 AIA Miami Firm of the Year award, will bring their expertise to create a masterpiece.

The planned showpiece estate boasts impressive features, including 5,349 square feet under air conditioning, six bedrooms, six full bathrooms, and two half bathrooms. Additionally, the property will include a two-car garage, a heated swimming pool, a spa, and a 400 square foot private dock with a 40,000-pound capacity boat lift. With 800 square feet of outdoor deck space, the future owners will have ample opportunities to enjoy the exquisite Miami weather and captivating bay views.