NOT LISTED FOR SALE

Estimated Value: $7,676,000 - $12,851,350

4 Beds
4.5 Baths
3,248 Sq Ft
$3,038/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $10,800,000 $3,325 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $70,500/month

42 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • New Construction
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • 5-minute walk to Venetian Causeway Park

About This Home

As of April 2021

NEW CONSTRUCTION!! Brand new waterfront home with wide bay views on a coveted Venetian Island dead-end street. This 4 bed, 4.5 bath home has over 8,500 Total Sq.Ft and will enjoy incredible sunsets, sea breezes and beautiful Miami skyline! Features include a 2-car garage with space for lifts, commercial elevator, two summer kitchens, top of the line finishes and appliances, Mia Cucina bathrooms and kitchen, and a swimming pool facing open bay. This home has over a 1,200 Rooftop with a full summer kitchen and unobstructed 360 degree views of downtown and Miami Beach. Home is staged by Artefacto. Perfectly located between Downtown Miami and Miami Beach, Art & Culture Venues, restaurants, shopping and more!

Last Agent to Sell the Property

Maurice Boschetti

Compass Florida, LLC License #3450869 Listed on: 02/03/2021

Compass Florida, LLC

Co-Listed By

Jose Boschetti

Compass Florida, LLC License #0563538

Last Buyer's Agent

Lilly De la Motte

Luxe Living Realty License #3474894

Luxe Living Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,000

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • 50 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned T3-R

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • <<microwave>>
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Biscayne Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-016-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,000

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Co List Office Mls Id: BSCH01
  • Co List Office Phone: 305-790-8729
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: BISCAYNE ISLAND
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Bay
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-016-0010
  • Lot Size Sq Ft: 7500
  • Zoning: T3-R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 12, 2021
Sold by
1051 N Venetian Dr Llc
Bought by
Wild Jason and Wild Tamar
Seller's Agent
Maurice Boschetti
Compass Florida, LLC
Buyer's Agent
Lilly De la Motte
Luxe Living Realty
List Price
$11,250,000
Sold Price
$10,800,000
Premium/Discount to List
-$450,000
-4%
Current Estimated Value
$9,867,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$932,883
Avg. Annual Appreciation
-1.08%
Original Mortgage
$7,000,000
Outstanding Balance
$1,488,002
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$8,829,968

Purchase Details

Listed on
Oct 23, 2013
Closed on
Jun 9, 2014
Sold by
Revocab Zachar Scarlett P
Bought by
1051 N Venetian Dr Llc
Seller's Agent
Hillary Hertzberg
Coldwell Banker Realty
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$4,500,000
Sold Price
$4,450,000
Premium/Discount to List
-$50,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$600,000
Interest Rate
4.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 26, 2004
Sold by
Zachar Scarlett P and Zachar Stefan H
Bought by
Revocab Zachar Scarlett P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wild Jason $10,800,000 Attorney
1051 N Venetian Dr Llc $4,450,000 Attorney
Revocab Zachar Scarlett P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wild Jason $7,000,000
Previous Owner 1051 N Venetian Dr Llc $2,225,000
Previous Owner 1051 N Venetian Dr Llc $600,000
Previous Owner 1051 N Venetian Dr Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $10,800,000 -4.0% $3,325 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $11,250,000 +152.8% $3,464 / Sq Ft
06/10/2014 06/10/14 Sold $4,450,000 -1.1% $1,370 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $4,500,000 -- $1,385 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $190,191 $10,022,208 $4,875,000 $5,147,208
2023 $190,191 $9,111,927 $0 $0
2022 $170,767 $8,283,570 $2,887,500 $5,396,070
2021 $53,930 $2,495,625 $0 $0
2020 $49,256 $2,400,000 $2,400,000 $0
2019 $49,120 $2,775,000 $2,775,000 $0
2018 $39,273 $1,875,000 $1,875,000 $0
2017 $42,898 $2,025,000 $0 $0
2016 $44,197 $2,025,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10993644

MIAMI REALTORS® MLS

APN: 01-3232-016-0010