Riva Bay Harbor Homes for Sale

Riva Bay Harbor is a residential community in Bay Harbor Islands, Florida.

Pure Equity Realty covers Riva Bay Harbor and the Bay Harbor Islands area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Riva Bay Harbor Bay Harbor Islands homes for sale as of September 2026. The median asking price is $2.62M. Asking prices run from $2.25M to $2.98M.

That is 106% above the Bay Harbor Islands median of $1.27M. On a per-foot basis, homes here ask about $1,039 per square foot, compared with $905 across Bay Harbor Islands. So the median price buys roughly 2,500 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 126 days on the market. That is faster than the Bay Harbor Islands average of 168 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Riva Bay Harbor date from 2013, so they are about 13 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Riva Bay Harbor is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Riva Bay Harbor have a median asking rent of $11,500 per month, across 1 active rental listing. For comparison, the Bay Harbor Islands median is $4,100, so rents here run 180% higher.

You can browse current Bay Harbor Islands rentals or ask us for a rent estimate on a specific Riva Bay Harbor home.

Here is what the median Riva Bay Harbor price means in Florida closing terms. At $2.62M, a 20% down payment comes to about $524,000, leaving a loan near $2.09M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $7,329. Next, the intangible tax of 0.2% adds about $4,188. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $15,705 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Riva Bay Harbor listings show assignments to Ruth K. Broad Bay Harbor K-8 (elementary), Miami Beach Nautilus (middle) and Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.