$20,625,000
SOLD JAN 31, 2025
5 Beds
5.5 Baths
7,283 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$2,832 Per Sq Ft

6% Below List Price

118 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • New Construction
  • Sitting Area In Primary Bedroom

About This Home

As of January 2025

OPEN BAY VIEWS ON THE VENETIAN ISLANDS FROM THIS MODERN TROPICAL WATERFRONT ESTATE MASTERFULLY DESIGNED BY TOGU DESIGN! Meticulously Built Estate by Sabal Development with Bleached Oakwood Floors & Matte Black accents. Seamless Indoor/Outdoor Living with Flexible Interior Architecture Encompassing 7,283 Interior SF with 4 Bedrooms Easily Convertible to 5 or 6 Bedrooms + 5.5 Baths. Chef’s Eat-in Kitchen with Miele Appliances + Oversized Kitchen Island. Glass Elevator leads directly to private Rooftop Terrace with Bay Views. Outdoor Entertaining Area in Ipe Wood with Infinity-Edge Pool overlooking Bay. Primary Suite Featuring Oversized Terrace with Bay Views. Garage with Space for a Lift for a Second Car. Located on the Venetian Islands just Minutes Away from the Shopping & Dining.

Last Agent to Sell the Property

Dora Puig

Luxe Living Realty License #3268462 Listed on: 09/11/2024

Luxe Living Realty

Last Buyer's Agent

Matthew Crane

Compass Florida, LLC. License #3213650

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,449

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,500 Sq Ft Lot
  • 60 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage

Home Design

  • Flat Roof with Façade front

Interior Spaces

  • 7,283 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Bay Views
  • High Impact Door
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • San Marco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-001-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,449

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: SAN MARCO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Other, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 7283
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Bay
  • Exterior Features: Open Balcony
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SAN MARCO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-001-0170
  • Lot Size Sq Ft: 10500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 116449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Jan 31, 2025
Sold by
1369 N Venetian Llc
Bought by
Kalyan Miami Family Llc
Seller's Agent
Dora Puig
Luxe Living Realty
Buyer's Agent
Matthew Crane
Compass Florida, LLC.
List Price
$21,900,000
Sold Price
$20,625,000
Premium/Discount to List
-$1,275,000
-5.82%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.07%
Original Mortgage
$13,562,500
Outstanding Balance
$13,532,066
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
-$2,022,892

Purchase Details

Closed on
Apr 24, 2017
Sold by
P & G Ifund Llc
Bought by
1369 N 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
$1,875,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2015
Sold by
Leyva Carmen B and Leyva Avelino
Bought by
P & G Ifund Llc

Purchase Details

Closed on
Jul 28, 2009
Sold by
Leyva Avelino and Leyva Carmen B
Bought by
Leyva Carmen B and Leyva Carmen Estela Sosa
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 $19,375,000 Pinnacle Title Group
Warranty Deed $3,250,000 Pinnacle Title Group Llc
Warranty Deed $3,975,000 Attorney
Interfamily Deed Transfer $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,562,500 New Conventional
Previous Owner $14,150,000 New Conventional
Previous Owner $13,000,000 New Conventional
Previous Owner $1,875,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Rent $100,000 0.0% --
01/31/2025 01/31/25 Sold $20,625,000 -5.8% $2,832 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
09/11/2024 09/11/24 For Sale $21,900,000 0.0% $3,007 / Sq Ft
07/01/2023 07/01/23 Rented $95,000 -26.9% --
06/13/2023 06/13/23 For Rent $130,000 -- --
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 $116,449 $11,214,901 -- --
2023 $116,449 $4,190,329 $0 $0
2022 $88,024 $3,809,390 $0 $0
2021 $75,279 $3,472,987 $0 $0
2020 $69,145 $3,370,626 $3,360,000 $10,626
2019 $72,672 $4,039,723 $3,885,000 $154,723
2018 $58,605 $2,779,838 $2,625,000 $154,838
2017 $84,362 $3,661,250 $0 $0
2016 $89,703 $4,092,569 $0 $0
2015 $11,578 $545,073 $0 $0
2014 -- $540,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11666411

MIAMI REALTORS® MLS

APN: 01-3232-001-0170