by RH Advisors

Check Availability
$16,499,000
↓ $1.7M (9.3%)
House - For Sale

409 E San Marino Dr

Miami Beach, FL 33139
bedrooms
6 Beds
bathrooms
6 Baths
square feet
4784 Sqft
$82,888
Estimated Monthly
$0
HOA / Fees
1.32%
Cap Rate

About This Property

HUGE PRICE REDUCTION! BRING ALL OFFERS! WON'T LAST. AND BRING YOUR TOOTHBRUSH FOR THIS MOVE-IN READY WATERFRONT MANSION! Richly detailed and filled with light, this stunning residence sits adjacent to the clear waters of Biscayne Bay on Miami Beach. Nestled on the Venetian Causeway right in between the City of Miami and South Beach, the location is, well... PERFECT. Get to downtown Miami or South Beach in just a few short minutes.

Featuring six bedrooms and six bathrooms, this home sits on a 12,906 sq. ft. pie-shaped lot that boasts 100 linear feet on the water (note: most waterfront homes located on the Venetian Causeway have only 60 linear feet on the water). The property has a boat elevator lift and two boat davit cranes. BEST DEAL FOR A WATERFRONT HOME ON EXCLUSIVE VENETIAN ISLANDS!
Unit Size
4,784Ft²
Days on Market
189 days
Land Size
0.30 acres
Price per sqft
$3,449
Property Type
House
Property Taxes
$1,874
HOA Dues
-
Year Built
1983
Listed By
Last updated: 3 months ago (Miami MLS #A11473476)

Price History

Date / Event Date Event Price
Feb 23, 2024 Price Decreased $16,499,000
↓ $2M (9.3%)
Price Decreased
Dec 6, 2023 Price Decreased $18,195,000
↓ $305K (1.7%)
Price Decreased
Oct 21, 2023 Listed by Somi Realty, Inc. $18,500,000
Listed by Somi Realty, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Covered, Driveway, Guest, Paver Block
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 6
Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Bedroom Information

Bedrooms: 6
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Interior Information

Interior Features: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Media Room
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
Flooring Type: Carpet, Marble

Room Information

Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining, Kitchen Dining
Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Media Room

Fireplace Information

Has Fireplace
Fireplace Features: Decorative

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 277
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,906
  • Total Building Area: 6,218
  • Gross Building Area: 6,218
  • Building Area: 4,784
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SAN MARINO ISLAND
  • Land Acres: 0.296
  • Legal Description 1: 32 53 42 SAN MARINO ISLAND PB 9-22 LOT 12 BLK 3 LOT SIZE 12906 SQ FT OR 11288-1208 1281 5

Ownership

  • Is Owner Occupied: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Apr 04, 2024

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: 02-3232-003-0400
  • Block: 3
  • Lot: 12
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7927
  • Longitude: -80.1622

    Address

  • Full Address: 409 E San Marino Dr
  • Address - House Number: 409
  • Street Direction: E
  • Address - Street Name: San Marino
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 1109
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 5,057
  • Tax Year: 2023
  • Tax Amount: $23,240
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $12,409,553
  • Market Land Value: $11,615,400
  • Market Improvement Value: $794,153

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,993

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
5,292 ft²
$3,496/ft²
$18,500,000 Sep 25, 2023
-
$18,728/mo
House
5 Beds
7 Baths
4,827 ft²
$4,537/ft²
$21,900,000 Sep 21, 2023
-
$12,208/mo
House
5 Beds
5 Baths
4,816 ft²
$4,360/ft²
$21,000,000 Jul 5, 2023
-
$9,707/mo
House
5 Beds
6 Baths
4,703 ft²
$4,465/ft²
$21,000,000 Mar 2, 2022
-
$3,667/mo
House
Stu
-
-
$20,950,000 Jun 9, 2023
-
$34,518/mo

About Venetian Islands


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Frequently Asked Questions

When was property at 409 East San Marino Drive built and last sold?
The property at 409 East San Marino Drive was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 409 East San Marino Drive is $16,663,990.
What are some comparable homes to 409 East San Marino Drive?
Homes that are comparable to 409 East San Marino Drive include a house property at 247 East Rivo Alto Drive, 441 North Hibiscus Drive, 444 West Rivo Alto Drive.

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