See Home Value
$11,507,566*
Land - Off Market

1350 S Venetian Way

Miami, FL 33139
bedrooms
Studio
bathrooms
0 Bath
$9,855,000 - $12,045,000
Reference Base Price*
5.09%
Since May 1, 2023
FL-Miami
Primary Model
Sold Apr 13, 2023
$9,300,000
$7,700,000 by Venetian Slvr Llc
Mortgage
Sold Oct 27, 2020
$6,250,000

About This Property

Step Inside With Me! Welcome boaters and vista seekers, the coveted Downtown Skyline can be yours! The opportunity to build your dream home on the Venetian Islands has arrived. Watch the sunrise over South Beach and the sunset over Miami from this South facing lot for the perfect waterfront living experience. Construct your modern masterpiece/tropical villa on this rectangular 12,250 SF lot. With 70 FT of wide waters, boaters can enjoy direct bay access and a 15-minute ride to the Atlantic Ocean. Consider your paradise found! Swim, run, bike along the enchanted causeway to the buzzy Sunset Harbour neighborhood. *Flexible zoning on this sector of the Venetians allows for more building rights, larger square footage as well as rental income possibilities.*
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10,523
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold $9,300,000
Sold
Apr 8, 2023 No longer available -
No longer available
Feb 24, 2023 In contract -
In contract
Oct 11, 2022 Price Decreased $10,950,000
↓ $1M (10.6%)
Price Decreased
Sep 30, 2022 Listed $12,250,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,250
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 700
  • Total Building Area: 7,991
  • Gross Building Area: 7,991
  • Building Area: 7,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,991
  • 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 12 BLK 3 LOT SIZE 70.000 X 175 OR 19452-4433 01 2001 1 COC 22143-3099 03 2004 6

Ownership

  • Current Owner : 1350 SAN MARCO LLC
  • Previous Owner : SANDRA L SILVERMAN 2016 FAMILY TRUST
  • Owner Before Previous Owner: EAGLE VENTURES USA LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

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: 01-3232-001-0310
  • Block: 3
  • Lot: 12
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7898
  • Longitude: -80.1681

    Address

  • Full Address: 1350 S Venetian Way
  • Address - House Number: 1350
  • 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: 7,991
  • Tax Year: 2023
  • Tax Amount: $161,487
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,700,000
  • First Open Lien Mortgage Lender: VENETIAN SLVR LLC
  • First Open Lien Mortgage Recording Date: Apr 13, 2023
  • First Open Lien Mortgage Loan Amount: $7,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $10,167,965
  • Market Land Value: $10,167,500
  • Market Improvement Value: $465

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,738,015

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Transaction ID: 11905636928
  • Current Sale Price: $9,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 247133
  • Previous Sale Recording Date: Oct 27, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $6,250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VENETIAN SLVR LLC
  • First Mortgage Transaction Date: Apr 13, 2023
  • First Mortgage Loan Amount: $7,700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



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
5,618 ft²
$1,869/ft²
$10,500,000 Apr 7, 2022
-
$4,270/mo
Condo
4 Beds
4.5 Baths
4,252 ft²
$2,411/ft²
$10,250,000 Feb 7, 2023
-
$9,306/mo
House
5 Beds
5.5 Baths
4,719 ft²
$2,649/ft²
$12,500,000 Nov 10, 2022
-
$1,817/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 1350 South Venetian Way built and last sold?
The property at 1350 South Venetian Way was built in 2003 and last sold on Apr 4, 2023 for $9,300,000.
How much is this home worth?
The estimated value of the home located at 1350 South Venetian Way is $11,059,500.
What are some comparable homes to 1350 South Venetian Way?
Homes that are comparable to 1350 South Venetian Way include a house property at 111 6th Di Lido Terrace, a condo property at 1000 Venetian Way, a house property at 400 North Hibiscus Drive.

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