444 W Rivo Alto Dr.

Stabilized rentals, decade-long quarterly yield

Venetian Islands historic Spanish-style home, 4,837 sqft with 100ft bay dock and preservation designation.

Long-term hold strategy on a 5-bedroom, 5-bath Spanish-style residence totaling 4,837 square feet (built 1934) at 444 West Rivo Alto Drive in Miami Beach, Florida, on the Venetian Islands. The 13,382-sqft parcel includes a 100-foot bay dock, and the structure carries historic preservation designation, which both restricts modifications and anchors the asset's architectural identity. Interior features include wood-beamed ceilings and Cuban tile consistent with the 1934 Spanish-style design vocabulary. The strategy is a long-duration hold built around the appreciation thesis for preservation-designated waterfront inventory on the Venetian Islands, a submarket where supply is structurally constrained and the designation creates a floor under architectural character. Capital expenditure is expected to be limited to preservation-compliant maintenance rather than programmatic renovation or repositioning. Hold duration is measured in years rather than a defined disposition trigger, with the thesis resting on the combined effects of Venetian Islands scarcity, preservation-limited supply response, and bay-frontage demand. Asking basis of 17.45 million dollars reflects the parcel, the 100-foot dock, the designation, and the Venetian Islands positioning. Capital deployment during the hold covers maintenance consistent with preservation requirements, dock and marine upkeep, and selective preservation-compatible improvements. Returns are targeted from long-horizon appreciation driven by the supply-demand structure of the submarket, with dock access providing additional optionality on the holding period.

Address

444 W Rivo Alto Dr.

City

Miami Beach, FL

ZIP

33139

Beds

5

Baths

5

Living sqft

4,837

Lot sqft

13,382

Year built

1934

Waterfront

BAY

Buy-and-hold economics model using asset basis, target capitalization, maturity, and downside/upside valuation scenarios. Detailed sponsor line items are shown when a full proforma is available.

Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return