See Home Value
$11,385,000 - $13,915,000
Land - Off Market

1320 S Venetian Way

Miami, FL 33139
bedrooms
Studio
bathrooms
0 Bath
Sold Apr 22, 2022
$12,000,000
Sold Apr 16, 2021
$7,850,000
$4,225,000 by First Republic Bank
Mortgage Due Apr 01, 2024

About This Property

Prime waterfront parcel on Venetian Island, coveted for its optimal position on San Marcos Island. Boasting breathtaking panoramic views of the Miami Skyline and Port of Miami, this bayfront locale stands out as the most sought after in the Venetian Islands. Embrace picturesque sunrises and sunsets framed by sailboats, creating an unparalleled setting. Seize the opportunity to construct your dream residence on this unique property and indulge in the quintessential art of South Florida living.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17,419
HOA Dues
-
Year Built
1937

Price History

Date / Event Date Event Price
Jan 26, 2024 No longer available -
No longer available
Dec 29, 2023 Relisted $12,500,000
Relisted
Dec 29, 2023 Price Increased $12,650,000
↑ $150K (1.2%)
Price Increased
Dec 28, 2023 No longer available -
No longer available
Dec 19, 2023 Listed $12,500,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,250
  • Total Building Area: 3,284
  • Gross Building Area: 4,010
  • Building Area: 4,010
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SAN MARCO
  • Land Acres: 0.281
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: SAN MARCO PB 9-21 LOT 1 BLK 4 LOT SIZE 70.000 X 175 OR 20362-0476 04 2002 4 COC 25934-1383 09 2007 4

Ownership

  • Current Owner : KENNEDY WILLIAM A
  • Previous Owner : 1320 S VENETIAN WAY LLC
  • Owner Before Previous Owner: 1320 VENETIAN WAY LLC
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 182
  • District: 01
  • Parcel: 01-3232-001-0330
  • Block: 4
  • Lot: 1
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7898
  • Longitude: -80.1685

    Address

  • Full Address: 1320 S Venetian Way
  • Address - House Number: 1320
  • Street Direction: S
  • Address - Street Name: Venetian
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1146
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 3,284
  • Tax Year: 2023
  • Tax Amount: $209,029
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $10,168,558
  • Market Land Value: $10,167,500
  • Market Improvement Value: $1,058

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,168,558
  • Assessed Land Value: $10,167,500
  • Assessed Improvements Value: $1,058

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11900463539
  • Current Sale Price: $12,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 333905
  • Previous Sale Recording Date: Apr 16, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $7,850,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Apr 16, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $4,225,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2024



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
Condo
4 Beds
5 Baths
2,872 ft²
$3,482/ft²
$10,000,000 Dec 1, 2022
$10,000,000 Oct 6, 2023
$13,299/mo
Land
Loft
-
-
$13,500,000 Nov 16, 2023
-
$14,702/mo
House
5 Beds
5 Baths
4,271 ft²
$3,020/ft²
$12,900,000 May 2, 2022
-
$3,147/mo
House
4 Beds
3 Baths
3,671 ft²
$3,540/ft²
$12,995,000 Sep 14, 2023
-
$1,410/mo
House
4 Beds
4 Baths
3,702 ft²
$3,768/ft²
$13,950,000 Sep 26, 2023
-
$7,258/mo
House
5 Beds
7 Baths
5,642 ft²
$2,012/ft²
$11,350,000 Oct 15, 2023
-
$8,754/mo
House
9 Beds
11 Baths
8,216 ft²
$1,747/ft²
$14,350,000 Jan 9, 2023
-
$3,811/mo
House
6 Beds
7 Baths
4,343 ft²
$3,454/ft²
$15,000,000 Dec 5, 2023
-
$11,230/mo

About Venetian Islands


Similar Homes for Sale

Unit for sale at 1300 South Venetian Way, Miami, FL 33139

$15,000,000

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  • 4,343 ft²
1300 South Venetian Way, Miami, FL 33139 Listing by Jill Eber
Unit for sale at 369 North Hibiscus Drive, Miami Beach, FL 33139

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Unit for sale at 420 North Hibiscus Drive, Miami Beach, FL 33139

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Nearby Rentals

Unit for rent at 223 Nw 12th St, Miami, FL, 33136

$1,250 /mo

  • Studio
  • 1 Bath
  • 7,830 ft²
223 Nw 12th St #12, Miami, FL, 33136 Listing by RH Advisors Miami


Frequently Asked Questions

When was property at 1320 South Venetian Way built and last sold?
The property at 1320 South Venetian Way was built in 1937 and last sold on Apr 18, 2022 for $12,000,000.
How much is this home worth?
The estimated value of the home located at 1320 South Venetian Way is $12,776,500.
What are some comparable homes to 1320 South Venetian Way?
Homes that are comparable to 1320 South Venetian Way include a land property at 1236 South Venetian Way, a house property at 206 West San Marino Drive, 1011 North Venetian Drive.

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