NOT LISTED FOR SALE

1374 S Venetian Way Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $6,468,000 - $15,988,947

7 Beds
8.5 Baths
7,886 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $20,750,000 $2,631 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $71,935/month

151 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Up to 60-Foot Boat
  • Intracoastal View

About This Home

As of March 2022

Welcome to Villa Venetian, the most spectacular Bayfront Villa located on the Venetian Islands. With rarely available Southern exposure, the Villa has unparalleled views of Biscayne Bay and the Miami skyline. This "smart home" completed in 2015 is fully automated with a Savant system that operates everything from custom lighting, and automatic shades to music and television. Sophisticated European design featuring white oak floors, soaring ceilings, one of a kind rooftop infinity pool, expansive terrace with 360 degree views, home theater, elevator, and sauna are just a few of the unique features of this home. Exclusive and convenient location just minutes from Sunset Harbour and Lincoln Rd and a short distance to Downtown Miami, Brickell, and the Design District.

Last Agent to Sell the Property

Roy Benmeir

One Sotheby's International Re License #3266643 Listed on: 10/01/2021

One Sotheby's International Re

Co-Listed By

Rachel Benmeir

One Sotheby's International Re License #3250941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178,975

Year Built

  • Built in 2006

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 60x175
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 3 Car Attached Garage
  • 5 Carport Spaces
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,886 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Home Theater
  • Den
  • Loft
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Complete Impact Glass

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Up to 60-Foot Boat
  • Deeded Boat Dock
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • San Marco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-001-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$178,975

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Directions: Drive west on the venetian causeway from Miami Beach to Miami. When arriving to San Marco Island, Take the first left and the house will be the one at the end of the road.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock, Dock Owned/Included,Private Dock,Up to 60 Ft Boat
  • Lot Size: 60x175
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SAN MARCO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Electric Range, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Pantry, Volume Ceilings, Wet Bar, Den/Library/Office, Loft, Media Room, Sauna
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 7886
  • Other Equipment: Elevator, Intercom, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area
  • Living Room Features: Den/Library/Office, Loft, Media Room, Sauna
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Bay, Intracoastal View, Water
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SAN MARCO
  • Carport Spaces: 5
  • Covered Parking Spaces: 8
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-001-0280
  • Lot Size Sq Ft: 10500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 178975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 2, 2022
Sold by
Overseas Venetian Invest Llc
Bought by
1374 South Venetian Way Llc
Seller's Agent
Roy Benmeir
One Sotheby's International Re
List Price
$21,995,000
Sold Price
$20,750,000
Premium/Discount to List
-$1,245,000
-5.66%
Current Estimated Value
$11,228,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,521,526
Avg. Annual Appreciation
-16.16%
Original Mortgage
$15,000,000
Outstanding Balance
$13,846,678
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
-$2,690,767

Purchase Details

Listed on
Nov 8, 2016
Closed on
Sep 18, 2018
Sold by
Dorne Craig M
Bought by
Overseas Venetian Invest Llc
Seller's Agent
Allan Kleer
One Sotheby's International Re
Buyer's Agent
Roy Benmeir
One Sotheby's International Re
List Price
$14,900,000
Sold Price
$11,695,000
Premium/Discount to List
-$3,205,000
-21.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%
Original Mortgage
$7,000,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 1, 2012
Closed on
Feb 28, 2013
Sold by
Pulaski James
Bought by
Dorne Craig M
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Nelson Gonzalez
BHHS EWM Realty
List Price
$6,950,000
Sold Price
$6,400,000
Premium/Discount to List
-$550,000
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
May 9, 2008
Sold by
Breckrok Properties Llc
Bought by
Pulaski James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2003
Sold by
Poulin Natalie and Massaglia Sergio Aldo
Bought by
Breckrok Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2002
Sold by
South Vene 1374 I
Bought by
Poulin Nathalie

Purchase Details

Closed on
Feb 9, 1999
Sold by
Gallet Claude
Bought by
1374 South Venetian Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
6.8%
Mortgage Type
New Conventional
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
1374 South Venetian Way Llc $20,750,000 Herskowitz Shapiro Pllc
Overseas Venetian Invest Llc $11,695,000 Attorney
Dorne Craig M $64,000 Rapid Title Services Company
Pulaski James $6,250,000 Attorney
Breckrok Properties Inc $2,700,000 --
Poulin Nathalie $3,900,000 --
1374 South Venetian Corp $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1374 South Venetian Way Llc $2,400,000
Open 1374 South Venetian Way Llc $6,240,000
Open 1374 South Venetian Way Llc $15,000,000
Previous Owner Overseas Venetian Invest Llc $7,000,000
Previous Owner Pulaski James $2,500,000
Previous Owner Breckrok Properties Llc $5,941,000
Previous Owner Breckrok Properties Inc $2,150,000
Previous Owner Massaglia Sergio Aldo $300,000
Previous Owner 1374 South Venetian Corp $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $20,750,000 -5.7% $2,631 / Sq Ft
10/01/2021 10/01/21 For Sale $21,995,000 +88.1% $2,789 / Sq Ft
09/18/2018 09/18/18 Sold $11,695,000 -15.9% $1,580 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
04/26/2017 04/26/17 Price Changed $13,900,000 -6.7% $1,878 / Sq Ft
11/08/2016 11/08/16 For Sale $14,900,000 +132.8% $2,014 / Sq Ft
03/01/2013 03/01/13 Sold $6,400,000 -7.9% $899 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
03/01/2012 03/01/12 For Sale $6,950,000 -- $977 / 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 $358,720 $17,473,602 $8,400,000 $9,073,602
2024 $362,847 $17,887,309 $8,715,000 $9,172,309
2023 $362,847 $17,632,811 $8,715,000 $8,917,811
2022 $208,446 $9,894,663 $0 $0
2021 $191,496 $8,995,149 $3,675,000 $5,320,149
2020 $186,433 $8,735,644 $3,360,000 $5,375,644
2019 $199,246 $9,316,140 $3,885,000 $5,431,140
2018 $113,611 $5,405,985 $2,625,000 $2,780,985
2017 $105,848 $5,020,346 $0 $0
2016 $106,790 $4,917,088 $0 $0
2015 $112,763 $5,095,743 $0 $0
2014 $114,093 $5,055,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roy Benmeir

    Seller's Agent in 2022

    Roy Benmeir

    One Sotheby's International Re

    (786) 319-8158

    3 in this area

    32 Total Sales

    Roy Benmeir
    Section Image
  • Rachel Benmeir

    Seller Co-Listing Agent in 2022

    Rachel Benmeir

    One Sotheby's International Re

    (305) 710-9095

    1 in this area

    22 Total Sales

    Rachel Benmeir
    Section Image
  • Allan Kleer

    Seller's Agent in 2018

    Allan Kleer

    One Sotheby's International Re

    (305) 798-8205

    6 in this area

    34 Total Sales

    Allan Kleer
    Section Image
  • Fabian Garcia-Diaz

    Seller Co-Listing Agent in 2018

    Fabian Garcia-Diaz

    One Sotheby's International Re

    (305) 785-8013

    6 in this area

    49 Total Sales

    Fabian Garcia-Diaz
    Section Image
  • Nelson Gonzalez

    Seller's Agent in 2013

    Nelson Gonzalez

    BHHS EWM Realty

    (305) 674-4040

    8 in this area

    107 Total Sales

    Nelson Gonzalez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11105526

MIAMI REALTORS® MLS

APN: 01-3232-001-0280

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

1374 S Venetian Way, Miami Beach, FL

This home is located at 1374 S Venetian Way, Miami Beach, FL 33139 since 01 October 2021 and is currently estimated at $11,228,474, approximately $1,423 per square foot. This property was built in 2006. 1374 S Venetian Way is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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