See Home Value
$15,401,205*
House - Off Market

114 W San Marino Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
5 Baths
square feet
5165 Sqft
$13,050,000 - $15,950,000
Reference Base Price*
6.22%
Since Jun 1, 2022
FL-Miami
Primary Model
Sold May 11, 2022
$13,700,000
Sold Feb 24, 2021
$9,565,000

About This Property

One of the last remaining Southwest facing lots on Venetian Islands. Incredible opportunity for an end user or developer as there are numerous comparable sales in the mid $20MM range. Save yourself 6-12 months as this sale includes approved and permitted plans designed by award winning BMA Architects and is ready to break ground. This home will be in a class of its own with one of the best Skyline Views Miami has to offer.

The manager has listed the unit size as 5165 square feet.
Unit Size
5,165Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$2,807
Property Type
House
Property Taxes
$1,764
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
May 11, 2022 Sold $13,700,000
Sold
May 8, 2022 No longer available -
No longer available
Apr 8, 2022 Relisted $14,500,000
Relisted
Mar 23, 2022 In contract -
In contract
Feb 4, 2022 Relisted $16,000,000
Relisted
Show More

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 1,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN MARINO ISLAND
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN MARINO ISLAND PB 9-22 LOT 9 BLK 1 LOT SIZE 60.000 X 175 OR 19295-3175 09 2000 1

Ownership

  • Current Owner : GAURAV GARG AND KOMAL SHAH TRUST
  • Previous Owner : BASS KIDS PROPERTIES LLC
  • Owner Before Previous Owner: SAN MARINO DEVELOPMENTS TWO LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004102

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 182
  • District: 02
  • Parcel: 02-3232-003-0080
  • Block: 1
  • Lot: 9
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7894
  • Longitude: -80.1637

    Address

  • Full Address: 114 W San Marino Dr
  • Address - House Number: 114
  • Street Direction: W
  • Address - Street Name: San Marino
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1130
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 2,091
  • Tax Year: 2023
  • Tax Amount: $204,000
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 6,898,583
  • High Value: 8,748,156
  • Low Value: 5,049,009

    Market Valuation

  • Market Total Value: $10,795,521
  • Market Land Value: $9,450,000
  • Market Improvement Value: $1,345,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,795,521
  • Assessed Land Value: $9,450,000
  • Assessed Improvements Value: $1,345,521

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11888238051
  • Current Sale Price: $13,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 385957
  • Previous Sale Recording Date: Feb 24, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $9,565,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,719 ft²
$2,649/ft²
$12,500,000 Nov 10, 2022
-
$1,817/mo
House
5 Beds
5 Baths
4,343 ft²
$3,097/ft²
$13,450,000 May 19, 2023
-
$8,797/mo
House
5 Beds
4.5 Baths
4,271 ft²
$3,020/ft²
$12,900,000 May 2, 2022
-
$3,147/mo
House
6 Beds
5 Baths
3,398 ft²
$3,973/ft²
$13,500,000 Jun 21, 2023
-
$2,998/mo
House
3 Beds
4 Baths
3,646 ft²
$4,663/ft²
$17,000,000 Nov 9, 2022
-
$2,317/mo
House
9 Beds
11 Baths
8,216 ft²
$1,765/ft²
$14,500,000 Jan 18, 2023
-
$3,811/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 114 West San Marino Drive built and last sold?
The property at 114 West San Marino Drive was built in 1939 and last sold on May 5, 2022 for $13,700,000.
How much is this home worth?
The estimated value of the home located at 114 West San Marino Drive is $14,645,000.
What are some comparable homes to 114 West San Marino Drive?
There are currently no comparable homes to 114 West San Marino Drive.

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