by RH Advisors

See Home Value
$23,900,000
House - Off Market

1417 N Venetian Way

Miami Beach, FL 33139
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
8242 Sqft
$143,049
Estimated Monthly
$0
HOA / Fees
0.61%
Cap Rate

About This Property

Striking newly completed 8,700 sqft (approx adjusted) modern contemporary waterfront mansion. The residence was designed by renowned architect Max STRANG featuring a combination of stone, wood and glass features creating a calming and welcoming environment. The home has 6 bedrooms, 6.5 bathrooms, a grand 1,500 sqft master suite with massive His and Hers closets, impressive entry and entertaining areas with double height 25' ceilings, custom kitchen, home theatre and office. Outdoor living continues with an infinity edge pool and cabana with unobstructed open bay views and an oversized roof terrace that features 360-degree views of Miami and is perfect for entertaining. The residence sits on an over-sized lot of 13,382 sqft with 104 linear feet of direct waterfront.
Unit Size
8,242Ft²
Days on Market
688 days
Land Size
0.31 acres
Price per sqft
$3,337
Property Type
House
Property Taxes
$8,019
HOA Dues
-
Year Built
2023
Last updated: 3 days ago (Miami MLS #A11216778)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold $23,900,000
Sold
Apr 9, 2024 In contract -
In contract
Dec 8, 2023 Price Decreased $27,500,000
↓ $1M (3.5%)
Price Decreased
Sep 1, 2023 Price Decreased $28,500,000
↓ $2M (5%)
Price Decreased
Jun 7, 2022 Listed by The Corcoran Group $30,000,000
Listed by The Corcoran Group

Property Highlights

Parking Available
Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,382
  • Total Building Area: 9,932
  • Gross Building Area: 9,932
  • Building Area: 7,557
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN MARCO
  • Land Acres: 0.307
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN MARCO PB 9-21 LOT 10 BLK 2 LOT SIZE IRREGULAR OR 19764-2625 05 2001 4

Ownership

  • Current Owner : VENETIAN 1417 LP
  • Previous Owner : EARL KATHLEEN M
  • Owner Before Previous Owner: KATHLEEN M EARL I
  • 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: 01-3232-001-0210
  • Block: 2
  • Lot: 10
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7912
  • Longitude: -80.1666

    Address

  • Full Address: 1417 N Venetian Way
  • Address - House Number: 1417
  • Street Direction: N
  • Address - Street Name: Venetian
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1141
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 8,048
  • Tax Year: 2023
  • Tax Amount: $149,069
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,810,000
  • First Open Lien Mortgage Lender: XENFIN FUND 1 TRADING LIMITED
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $7,810,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    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 03, 2017
  • Current Sale Recording Date: Nov 16, 2017
  • Current Sale Transaction ID: 11302235259
  • Current Sale Price: $5,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R0646906
  • Previous Sale Recording Date: Jul 07, 2001
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: Quit Claim Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
5,165 ft²
$4,356/ft²
$22,500,000 Oct 30, 2023
$22,500,000 Mar 1, 2024
$25,626/mo
Condo
3 Beds
4 Baths
4,157 ft²
$4,631/ft²
$19,250,000 Sep 22, 2023
$19,250,000 Nov 29, 2023
$25,733/mo
House
5 Beds
6 Baths
7,283 ft²
$3,144/ft²
$22,900,000 Sep 11, 2023
-
$7,335/mo
House
5 Beds
7 Baths
6,357 ft²
$4,562/ft²
$29,000,000 Oct 6, 2022
-
$10,089/mo
House
3 Beds
4 Baths
4,434 ft²
$5,165/ft²
$22,900,000 Jan 12, 2024
-
$13,196/mo
House
8 Beds
15 Baths
-
$27,000,000 May 26, 2023
-
$11,497/mo

About Venetian Islands


Similar Homes for Sale

Unit for sale at 1236 South Venetian Way, Miami, FL 33139

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  • 8 Beds
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1236 South Venetian Way, Miami, FL 33139 Listing by Kathleen Shadley
Unit for sale at 250 West San Marino Drive, Miami Beach, FL 33139

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Unit for sale at 1369 North Venetian Way, Miami, FL 33139

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  • 7,283 ft²
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Nearby Rentals

Unit for rent at 100 E Dilido Dr, Miami Beach, FL, 33139

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  • 3,886 ft²
100 E Dilido Dr, Miami Beach, FL, 33139 Listing by Philip Scheinfeld
Unit for rent at 788 Ne 23rd St, Miami, FL, 33137

$25,000 /mo

  • 3 Beds
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  • 2,894 ft²
788 Ne 23rd St #4402, Miami, FL, 33137 Listing by Jorge Zea
Unit for rent at 2815 Regatta Ave, Miami Beach, FL, 33140

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2815 Regatta Ave, Miami Beach, FL, 33140 Listing by Cristina Ben-Shmuel


Frequently Asked Questions

When was property at 1417 North Venetian Way built and last sold?
The property at 1417 North Venetian Way was built in 2023 and last sold on Nov 3, 2017 for $5,100,000.
How much is this home worth?
The estimated value of the home located at 1417 North Venetian Way is $27,775,000.
What are some comparable homes to 1417 North Venetian Way?
Homes that are comparable to 1417 North Venetian Way include a house property at 1369 North Venetian Way, 250 West San Marino Drive, 1236 South Venetian Way.

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