by RH Advisors

See Home Value
$15,500,000
House - Off Market

1051 N Venetian Dr

Miami, FL 33139
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5656 Sqft
$80,602
Estimated Monthly
$0
HOA / Fees
0.66%
Cap Rate

About This Property

2021 Waterfront Home with North bay views on a coveted Venetian Island dead-end street. This 4 bed, 4.5 bath home has over 7,000 Total Sq.Ft and incredible sunsets, sea breezes and beautiful Miami skyline! Features include a 2-car garage with space for lifts, high-end residential elevator, two summer kitchens (rooftop and ground floor), top of the line finishes and appliances, Mia Cucina bathrooms and kitchen, and a swimming pool facing open bay. This home has over a 1,200 Rooftop with a full summer kitchen and unobstructed 360 degree views of downtown and Miami Beach. Perfectly located between Downtown Miami and Miami Beach, Art & Culture Venues, restaurants, shopping and more! *Some furniture in the pictures have been changed*
Unit Size
5,656Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$2,740
Property Type
House
Property Taxes
$4,494
HOA Dues
-
Year Built
2021
Last updated: 5 months ago (Miami MLS #A11368236)

Price History

Date / Event Date Event Price
Dec 7, 2023 No longer available -
No longer available
Dec 6, 2023 Relisted $15,500,000
Relisted
Dec 6, 2023 No longer available -
No longer available
Apr 8, 2023 No longer available -
No longer available
Apr 6, 2023 Listed by Boschetti Realty Group, LLC. $15,500,000
Listed by Boschetti Realty Group, LLC.
Show More

Property Highlights

Parking Available
Garage
Elevator
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Concrete block
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 7,080
  • Gross Building Area: 7,080
  • Building Area: 5,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOMA ESTATES
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOMA ESTATES PB 171-002 T-23558 LOT 1 BLK 1 LOT SIZE 7500 SQ FT M/L FAU 01 3231 026 0190

Ownership

  • Current Owner : WILD JASON
  • Current Owner 2: WILD TAMAR
  • Previous Owner : 1051 N VENETIAN DR LLC
  • Owner Before Previous Owner: REVOCAB ZACHAR SCARLETT P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002710

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-3232-016-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.791
  • Longitude: -80.1736

    Address

  • Full Address: 1051 N Venetian Dr
  • Address - House Number: 1051
  • Street Direction: N
  • Address - Street Name: Venetian
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1016
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 5,768
  • Tax Year: 2023
  • Tax Amount: $190,191
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,000,000
  • First Open Lien Mortgage Lender: FIELDPOINT PRIVATE BANK AND TR
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $7,000,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2026

    Market Valuation

  • Market Total Value: $9,542,297
  • Market Land Value: $4,200,000
  • Market Improvement Value: $5,342,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,111,927

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11836277360
  • Current Sale Price: $10,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0329602
  • Previous Sale Recording Date: Jun 11, 2014
  • Previous Sale Contract Date: Jun 09, 2014
  • Previous Sale Amount: $4,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIELDPOINT PRIVATE BANK AND TR
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $7,000,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: BLACK RIVER PARTNERS LLC
  • Previous Mortgage Transaction Date: Jun 11, 2014
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
7,924 ft²
$1,641/ft²
$13,000,000 Jan 24, 2022
$13,000,000 Sep 29, 2023
$11,523/mo
House
4 Beds
3 Baths
3,671 ft²
$3,540/ft²
$12,995,000 Sep 14, 2023
-
$1,410/mo
House
5 Beds
5 Baths
4,271 ft²
$3,020/ft²
$12,900,000 May 2, 2022
-
$3,147/mo
House
3 Beds
4 Baths
3,646 ft²
$4,498/ft²
$16,399,000 Nov 3, 2023
-
$2,451/mo
House
6 Beds
7 Baths
6,145 ft²
$2,766/ft²
$17,000,000 Aug 16, 2023
-
$14,843/mo
House
6 Beds
6 Baths
4,784 ft²
$3,803/ft²
$18,195,000 Oct 21, 2023
-
$1,874/mo
House
6 Beds
7 Baths
4,343 ft²
$3,454/ft²
$15,000,000 Dec 5, 2023
-
$11,230/mo
House
5 Beds
6 Baths
-
$15,900,000 Sep 21, 2023
-
$1,521/mo
House
9 Beds
11 Baths
8,216 ft²
$1,747/ft²
$14,350,000 Jan 9, 2023
-
$3,811/mo
House
5 Beds
5 Baths
-
$12,500,000 Oct 25, 2023
-
$7,117/mo
Land
Loft
-
-
$13,500,000 Nov 16, 2023
-
$14,702/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 1051 North Venetian Drive built and last sold?
The property at 1051 North Venetian Drive was built in 2021 and last sold on Apr 12, 2021 for $10,800,000.
How much is this home worth?
The estimated value of the home located at 1051 North Venetian Drive is $15,549,223.
What are some comparable homes to 1051 North Venetian Drive?
Homes that are comparable to 1051 North Venetian Drive include a house property at 1011 North Venetian Drive, 206 West San Marino Drive, 345 North Hibiscus Drive.

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