Waterfront Venetian Islands mansion rented for record $200K a month

by Katherine Kallergis

The owner of a waterfront Venetian Islands estate rented the property out for $200,000 a month, setting a record for rentals across Miami-Dade County this year.  The 9,350-square-foot mansion at 25 East Rivo Alto Drive in Miami Beach was rented for its asking price of over $21 per square foot, according to the listing. Property records show a Delaware LLC owns the seven-bedroom, seven-bathroom home. The company, Rivo Alto LLC, paid $31.5 million for the property in 2022.  Serhant’s Mariana Niro was the listing agent, and Compass agents Joanna Jimenez and Michelle Cardenas represented the tenant. Niro did not immediately […]This article originally appeared on The Real Deal. Click here to read the full story.

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