$575,000
PENDING $30K PRICE DROP

Estimated payment $4,917/month

Total Views 1,564
2 Beds
2 Baths
1,160 Sq Ft
$496 Price per Sq Ft

Highlights

  • Doorman
  • 4-minute walk to Adrienne Arsht Center
  • Home fronts navigable water
  • Marina
  • Boat Dock
  • 5-minute walk to Margaret Pace Park

About This Home

Investor Opportunity|Waterfront Condo with Panoramic Views.
Welcome to Venetia Condo unit #31C located in a high-floor with 2-bedroom, 2-bath waterfront residence offering unobstructed views of Biscayne Bay and South Beach. This spacious unit features floor-to-ceiling high impact windows, a split bedroom layout, and an expansive balcony perfect for soaking in the stunning vistas.
Currently leased through May 2026 at $3,700/month, this condo presents a solid investment opportunity with immediate cash flow for cash buyers. The building offers resort-style amenities under renovation to be completed by next year. The location is prime Downtown area, central Edgewater/Biscayne corridor just minutes from Miami Design District, Wynwood, and Miami Beach.

Listing Agent

Gonzalo Acosta

Related ISG Realty, LLC. License #3469385 Listed on: 11/15/2024

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 1980

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,160 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 31st floor
  • Brick Front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • Custom Mirrors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Fixed Bridges
  • Dock Available
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-052-1370

Community Details

Overview

  • 381 Units
  • High-Rise Condominium
  • Venetian Condo
  • Venetia Condo Subdivision
  • 35-Story Property

Amenities

  • Doorman
  • Business Center
  • Bar or Lounge
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,325

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 31
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: VENETIA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Custom Mirrors, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other
  • Living Area: 1160
  • Other Equipment: Elevator
  • Stories: 35
  • Window Features: Clear Impact Glass
  • Bedroom Features: Other, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Other View, Water View
  • Exterior Features: Open Balcony, Other
  • Construction Type: Concrete Block Construction, Brick, CBS Construction, Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Fixed Bridge(S), Intracoastal Front, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: VENETIAN CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1160
  • Amenities: Bar, Boat Dock, Business Center, Laundry, Elevator(s), Exercise Room, Marina, Other, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-32-31-052-1370

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 381
  • Number Of Units Total: 381

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8325

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,672 $366,736 -- --
2024 $8,097 $417,615 -- --
2023 $8,097 $379,650 $0 $0
2022 $7,277 $345,137 $0 $0
2021 $2,566 $160,079 $0 $0
2020 $2,526 $157,869 $0 $0
2019 $2,454 $154,320 $0 $0
2018 $2,341 $151,443 $0 $0
2017 $2,304 $148,329 $0 $0
2016 $2,307 $145,279 $0 $0
2015 $2,331 $144,270 $0 $0
2014 $2,356 $143,125 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
08/06/2025 08/06/25 Off Market $575,000 -- --
07/21/2025 07/21/25 Price Changed $575,000 0.0% $496 / Sq Ft
05/26/2025 05/26/25 Rented $3,700 -99.4% --
05/12/2025 05/12/25 Under Contract -- -- --
04/30/2025 04/30/25 Price Changed $590,000 0.0% $509 / Sq Ft
04/30/2025 04/30/25 For Rent $3,900 0.0% --
04/17/2025 04/17/25 For Sale $605,000 0.0% $522 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $605,000 0.0% $522 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
11/15/2024 11/15/24 For Sale $605,000 0.0% $522 / Sq Ft
08/06/2021 08/06/21 Rented $3,200 0.0% --
07/21/2021 07/21/21 For Rent $3,200 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $370,000 Turnkey Title
Warranty Deed $310,000 Olympia Title Inc
Deed $180,000 --
Deed $164,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Unknown
Previous Owner $253,020 Unknown
Previous Owner $150,000 New Conventional
Previous Owner $15,000 New Conventional
Previous Owner $131,900 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11694816

MIAMI REALTORS® MLS

APN: 01-3231-052-1370