A waterfront mansion on Miami Beach’s Venetian Islands has been rented for $200,000 per month, marking the highest rental price recorded in Miami-Dade County this year. The 9,350-square-foot property at 25 East Rivo Alto Drive was leased at its full asking price, which amounts to more than $21 per square foot.
The home is owned by Rivo Alto LLC, a Delaware-based company that purchased the seven-bedroom, seven-bathroom estate for $31.5 million in 2022. Mariana Niro of Serhant served as the listing agent for the property. Compass agents Joanna Jimenez and Michelle Cardenas represented the tenant in the transaction. Neither Niro nor Compass disclosed details about the tenant.
The two-story residence was constructed in 2014 on a 0.3-acre lot and features 100 feet of water frontage. Amenities include a pool, hot tub, koi pond, rooftop terrace, chef’s kitchen with wine cellar, gas fire pits, outdoor kitchen with pizza oven, and a master suite. The home was offered furnished with pieces from Artefacto.
Despite being located on public Venetian Islands streets, the mansion offers privacy through gated access.
This lease surpasses other high-end rentals recorded this year in Miami-Dade County. The next most expensive rental documented on the Multiple Listing Service was another Venetian Islands home that rented for $160,000 per month.
While this deal sets a record for actual rentals logged on MLS in 2025, it does not represent the highest-priced listing currently available for rent in Miami-Dade County. At present, an almost 11,000-square-foot home at 1510 West 25th Street on Sunset Islands is listed at $475,000 per month by Douglas Elliman’s Dina Goldentayer; Italian businessman Gianluca Vacchi owns that property. Another notable listing is an 8,200-square-foot mansion at 440 South Mashta Drive in Key Biscayne marketed by Gustavo Gambino of Gambino Real Estate for $433,000 per month.
