NOT LISTED FOR SALE

Estimated Value: $7,702,000 - $9,040,167

6 Beds
6 Baths
4,400 Sq Ft
$1,876/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $7,650,000 $1,739 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $56,912/month

138 Days on Market

Highlights

  • Ocean Front
  • Deeded Boat Dock
  • Concrete Pool
  • North Beach Elementary School Rated A-
  • Boat Lift
  • Sitting Area In Primary Bedroom

About This Home

As of November 2021

Beautiful Mediterranean three story gated waterfront home located in the prestigious Venetian Isles with amazing wide views of Biscayne Bay and Miami skyline from almost every room! 6 bedrooms and 6 baths, it was rebuilt in 2005 and has open light and bright living areas that have marble floors in the main areas and wood flooring in the bedrooms. Impact windows and doors. The open kitchen has stainless steel appliances including wine cooler. The main suite has a custom closet and master bath with spa tub and separate shower. The grounds have lush landscaping and a heated pool with mosaic tile. There is a Tiki hut and a 65 ft. dock with water frontage of 75 feet. Sunset views plus a great location!

Last Agent to Sell the Property

Arlene Dunand

Coldwell Banker Realty License #0664509 Listed on: 05/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Omar Morales

Outlook Realty License #3012940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,226

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • 75 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Tile Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • 6 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Security System Leased
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 4 Carport Spaces
  • Circular Driveway
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Deeded Boat Dock
  • Exterior Lighting
  • Outdoor Grill

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-026-0201

Community Details

Overview

  • No Home Owners Association
  • Biscayne Isl Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,226

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: See Google Map
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE ISL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4400
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Combination Tub & Shower, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Ocean
  • Exterior Features: Barbeque, Lighting
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Concrete, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE ISL
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Security System Leased

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 01-32-31-026-0201
  • Lot Size Sq Ft: 11250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 79226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Nov 5, 2021
Sold by
1101 N Venetian Drive Llc
Bought by
Venetian Investments 1101 Llc
Seller's Agent
Arlene Dunand
Coldwell Banker Realty
Buyer's Agent
Omar Morales
Outlook Realty
List Price
$8,200,000
Sold Price
$7,650,000
Premium/Discount to List
-$550,000
-6.71%
Current Estimated Value
$8,253,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,542
Avg. Annual Appreciation
1.93%
Original Mortgage
$3,000,000
Outstanding Balance
$2,748,982
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$5,504,560

Purchase Details

Closed on
Apr 21, 2021
Sold by
Kilic Orhan
Bought by
1101 N Venetian Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,687,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2014
Closed on
Aug 17, 2015
Sold by
Feliz Rafael F and Eusse Lina
Bought by
Kilic Orhan
Seller's Agent
Mirce Curkoski
One Sotheby's International Re
Buyer's Agent
Gokhan Derin
Derin Realty
List Price
$5,950,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,050,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$2,940,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Venetian Investments 1101 Llc $7,650,000 Attorney
1101 N Venetian Drive Llc $6,250,000 Attorney
Kilic Orhan $4,900,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venetian Investments 1101 Llc $3,000,000
Previous Owner 1101 N Venetian Drive Llc $4,687,500
Previous Owner Kilic Orhan $2,940,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2021 11/08/21 Sold $7,650,000 -4.3% $1,739 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $7,990,000 -2.6% $1,816 / Sq Ft
05/14/2021 05/14/21 For Sale $8,200,000 0.0% $1,864 / Sq Ft
06/19/2020 06/19/20 Rented $22,200 -11.2% --
06/15/2020 06/15/20 Under Contract -- -- --
02/08/2020 02/08/20 Price Changed $25,000 -16.7% $6 / Sq Ft
01/14/2020 01/14/20 For Rent $30,000 0.0% --
09/30/2015 09/30/15 Sold $4,900,000 -17.6% $969 / Sq Ft View Prior Sale
08/25/2014 08/25/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $5,950,000 -- $1,177 / 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
2025 $164,532 $8,429,204 -- --
2024 $152,420 $7,662,913 -- --
2023 $152,420 $6,966,285 $0 $0
2022 $131,020 $6,337,079 $4,331,250 $2,005,829
2021 $82,502 $3,865,175 $3,206,250 $658,925
2020 $79,226 $3,702,036 $3,037,500 $664,536
2019 $79,525 $3,707,649 $3,037,500 $670,149
2018 $78,156 $3,713,259 $3,037,500 $675,759
2017 $79,161 $3,718,869 $0 $0
2016 $81,669 $3,724,481 $0 $0
2015 $56,901 $2,383,903 $0 $0
2014 $56,805 $2,167,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11045001

MIAMI REALTORS® MLS

APN: 01-3231-026-0201