$8,000,000
SOLD JAN 10, 2025
-- Bed
-- Bath
10,244 Sq Ft
0.31 Acres

Recently Sold

$781 Per Sq Ft

27% Below List Price

7 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Dock Available
  • No HOA

About This Home

As of January 2025

Build your dream home on this prestigious waterfront property with approx.. 13,383 square feet with 104 ft of waterfrontage. Located at the SW tip of San Marco Island, this property offers captivating unobstructed open bay sunset views of the Miami downtown skyline. A captivating row of palm trees adorn the water's edge, creating a picturesque frame for breathtaking sunsets. Situated at the heart of the coveted Venetian Islands, this exceptional location is in close proximity to Sunset Harbour retail & restaurants, the Design District and world-class shopping, dining and beaches. Close to schools such as Ransom, Cushman, and Country Day, and close to the new office towers in Brickell. Ability to build over 9,000 sq feet of living space and luxurious roof top entertainment deck.

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 08/02/2024

The Corcoran Group

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178 Listed on: 08/02/2024

The Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025

Lot Details

  • 0.31 Acre Lot
  • 104 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Property is zoned 0100

Property Views

  • Ocean
  • Bay

Outdoor Features

  • Property has ocean access
  • Dock Available

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • San Marco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-001-0400

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SAN MARCO
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Flooring: Other
  • Furnished: Unfurnished
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: Other
  • Construction Type: Other
  • Direction Faces: Southwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SAN MARCO
  • Parking Features: Other

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-001-0400
  • Lot Size Sq Ft: 13383
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 264809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Jan 14, 2025
Sold by
1234 Venetian Llc
Bought by
Casa Svw Llc
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$12,000,000
Sold Price
$10,250,000
Premium/Discount to List
-$1,750,000
-14.58%
Views
44
Current Estimated Value
$8,958,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,292,000
Avg. Annual Appreciation
25.96%

Purchase Details

Listed on
Aug 2, 2024
Closed on
Jan 10, 2025
Sold by
1234 Venetian Llc
Bought by
1230 Venetian Llc
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$12,000,000
Sold Price
$10,250,000
Premium/Discount to List
-$1,750,000
-14.58%
Views
44

Purchase Details

Closed on
Jun 21, 2021
Sold by
M & A Venetian Llc
Bought by
1234 Venetian Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Capo Manuel and Capo Aida
Bought by
M & A Venetian Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $10,250,000 None Listed On Document
Warranty Deed $10,250,000 None Listed On Document
Warranty Deed $6,000,000 None Listed On Document
Warranty Deed $6,000,000 None Listed On Document
Warranty Deed $3,550,000 Attorney
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $10,250,000 +28.1% $1,001 / Sq Ft
01/10/2025 01/10/25 Sold $8,000,000 -33.3% $781 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
08/09/2024 08/09/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $12,000,000 +9.1% $1,171 / Sq Ft
08/02/2024 08/02/24 For Sale $11,000,000 -- $1,074 / 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 $529,619 $24,311,848 -- --
2023 $529,619 $22,101,680 $0 $0
2022 $414,210 $20,092,437 $20,073,000 $19,437
2021 $261,155 $11,415,767 $0 $0
2020 $239,153 $12,866,679 $12,846,720 $19,959
2019 $260,415 $16,097,422 $14,854,020 $1,243,402
2018 $236,842 $11,289,451 $10,036,500 $1,252,951
2017 $260,519 $10,289,963 $0 $0
2016 $255,599 $9,354,512 $0 $0
2015 $208,331 $8,504,102 $0 $0
2014 $190,111 $7,731,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11634408

MIAMI REALTORS® MLS

APN: 01-3232-001-0400