by RH Advisors

See Home Value
$12,900,000
House - Off Market

1384 S Venetian Way

Miami, FL 33139
bedrooms
5 Beds
bathrooms
9 Baths, 3 Half Baths
square feet
7884 Sqft
$12,900,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
FL-Miami
Primary Model

About This Property

The best-priced waterfront property on Venetian Islands, Miami, offering 104-FT of waterfrontage and ideal southern exposure! Enjoy unique, dramatic sunset views over the Downtown Miami skyline to the west and serene sunrises and South Beach skyline to the east!  Situated on a cul-de-sac on San Marco Island (City of Miami), developers can build approx. 9,300-SF new modern mansion on this 13,382-SF lot. Acquire the lowest priced pie-shaped lot for development on sought-after Venetian Islands, minutes to the best of South Beach and Miami - including Design District, Brickell, and all museums, cultural centers, and parks in Downtown.
Unit Size
7,884Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$1,636
Property Type
House
Property Taxes
$8,019
HOA Dues
-
Year Built
-
Last updated: 6 months ago (Miami MLS #A11409826)

Price History

Date / Event Date Event Price
Aug 22, 2023 In contract -
In contract
Jun 26, 2023 Listed by BHHS EWM Realty $12,900,000
Listed by BHHS EWM Realty
Oct 23, 2022 No longer available -
No longer available
Apr 27, 2022 Listed by Douglas Elliman $13,500,000
Listed by Douglas Elliman
Step Inside With Me! An incredible opportunity to build your dream home in one of the most coveted neighborhoods in Miami - The Venetian Islands. Southern facing exposure with ocean breezes from the East and breathtaking downtown skyline views are the genesis of your masterpiece. Your yacht will be right at home with over 100ft of water frontage. This 13,382 SF lot enjoys a cul-de-sac location away from the causeway. The in demand Venetian Islands are known for the widest waterways in town…
Apr 13, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Elevator
With View

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 5
  • Full Bathrooms: 4
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 13,382
  • Total Building Area: 11,977
  • Gross Building Area: 11,977
  • Building Area: 11,977
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,571
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SAN MARCO
  • Land Acres: 0.307
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: SAN MARCO PB 9-21 LOT 4 BLK 3 LOT SIZE IRREGULAR COC 25217-2500 12 2006 1

Ownership

  • Current Owner : 1384 VILLA M LLC
  • Previous Owner : 1384 TRUST
  • Owner Before Previous Owner: SOUTH BCH ATRIUM INC
  • 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: 01-3232-001-0250
  • Block: 3
  • Lot: 4
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7899
  • Longitude: -80.1665

    Address

  • Full Address: 1384 S Venetian Way
  • Address - House Number: 1384
  • 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: 9,728
  • Tax Year: 2023
  • Tax Amount: $149,069
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,000,000
  • First Open Lien Mortgage Lender: SHAFER GERTRUDE
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Loan Amount: $8,000,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 16, 2025
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $11,107,060
  • Market Land Value: $11,107,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,387,960

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917705363
  • Current Sale Price: $11,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 855015
  • Previous Sale Recording Date: Sep 20, 2011
  • Previous Sale Contract Date: Mar 08, 2011
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SHAFER GERTRUDE
  • First Mortgage Transaction Date: Nov 30, 2023
  • First Mortgage Loan Amount: $8,000,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 16, 2025



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
$1,830/ft²
$14,500,000 Jan 24, 2022
-
$11,523/mo
House
5 Beds
5 Baths
4,271 ft²
$3,020/ft²
$12,900,000 May 2, 2022
-
$3,147/mo
House
9 Beds
11 Baths
8,216 ft²
$1,765/ft²
$14,500,000 Jan 9, 2023
-
$3,811/mo
House
4 Beds
4 Baths
3,398 ft²
$3,973/ft²
$13,500,000 Jun 19, 2023
-
$2,998/mo
House
4 Beds
5 Baths
2,767 ft²
$3,892/ft²
$10,770,000 Jul 6, 2023
-
$6,901/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 1384 South Venetian Way built and last sold?
The property at 1384 South Venetian Way was built in and last sold on Nov 22, 2023 for $11,500,000.
How much is this home worth?
The estimated value of the home located at 1384 South Venetian Way is $13,029,000.
What are some comparable homes to 1384 South Venetian Way?
There are currently no comparable homes to 1384 South Venetian Way.

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