All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Single Family Residence
$20,996,000
226 W Rivo Alto Dr, Miami Beach FL 33139
Listed
5
Bedrooms
10
Bathrooms
— sqft
Interior
2024
Year built
None
HOA
Single Family Residence
Type
About this home
A landmark residence on the Venetian Islands, Sanctuary is a rare private oasis suspended between Miami and Miami Beach — where the water moves gently, and the world falls quiet. Bespoke in every detail, the home is defined by class-A finishes, warm modern architecture, and an unwavering commitment to wellness. Whole-house water filtration and saline pools set the foundation; the main suite elevates it further with an infrared sauna, steam showers, an outdoor soaking tub, and a designer-curated closet. No powerboat traffic, no jet-ski noise, private boat dock with no bridges to bay and ocean— only the kind of stillness that cannot be manufactured. This is not simply a home. It is a new standard of living.
Features
- First Floor Entry
- Cooking Island
- Custom Mirrors
- Elevator
- Walk-In Closet(s)
- Family Room
- Great Room
- Sauna
- Storage
- Utility Room/Laundry
- Barbeque
- Lighting
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Miami Beach, from 8 active listings; the middle half ask $32,000–$78,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.