NOT LISTED FOR SALE

943 N Venetian Dr Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $6,765,000 - $41,149,252

6 Beds
7 Baths
9,255 Sq Ft
$2,589/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $13,150,000 $1,421 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $181,870/month

391 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Guest House
  • North Beach Elementary School Rated A-
  • Private Dock
  • 2-minute walk to Venetian Causeway Park

About This Home

As of October 2014

Nestled behind grandeous wooden gates is a perfectly manicured Mediterranean estate on a rare 47,250 sqft bayfront lot on N.Venetian Dr. This 6BR/7BA home was meticulously renovated by Peter Gallo in 2004. 5br main house and a large 1/1 guest house with k itchen. Renovated for easy living including open spaces for formal/informal living. Great for entertaining with the dining/living and family rooms all flowing to the picturesque backyard overlooking 175ft on Biscayne Bay.

Last Agent to Sell the Property

Saddy Delgado

One Sotheby's International Realty License #0430423 Listed on: 09/19/2013

One Sotheby's International Realty

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC License #0416207

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,314

Year Built

  • Built in 1937

Lot Details

  • 1.08 Acre Lot
  • 175 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 10/S FM

Parking

  • 4 Car Garage
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,255 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Awning
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • 7 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 31 & 32 53 42 Biscayne Is Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-026-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,314

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 31 & 32 53 42 BISCAYNE IS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen, Living Room
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Entrance Foyer, Walk-In Closet(s), Family Room, Maid/In-Law Quarters
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 9255
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Guest House, Maid/In-Law Quarters
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Ocean
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Awning(s), Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: 31 & 32 53 42 BISCAYNE IS
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-31-026-0110
  • Lot Size Sq Ft: 47250
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 115314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Stone Marjorie E and Rodriguez Ricardo
Bought by
943 North Venetian Llc
Current Estimated Value
$23,957,126

Purchase Details

Listed on
Sep 19, 2013
Closed on
Oct 21, 2014
Sold by
Sanchez Carlos M and Freire De Sanchez Gloriamalia
Bought by
Stone Marjorie E and Rodriguez Ricardo
Seller's Agent
Saddy Delgado
One Sotheby's International Realty
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC
List Price
$14,900,000
Sold Price
$13,150,000
Premium/Discount to List
-$1,750,000
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$7,890,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Casares Michelle A and Casares Blas
Bought by
Varela Alvaro
Source: Public Records

Range of Values:

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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
943 North Venetian Llc $30,000,000 None Available
Stone Marjorie E $13,150,000 Multiple
Varela Alvaro $1,568,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Marjorie E $7,890,000
Previous Owner Stone Marjorie E $7,890,000
Previous Owner Varela Alvaro $500,000
Previous Owner Varela Alvaro $1,303,800
Closed Varela Alvaro $0
Closed Varela Alvaro $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $13,150,000 -11.7% $1,421 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $14,900,000 -- $1,610 / 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 $628,138 $32,322,680 -- --
2024 $581,951 $29,362,840 -- --
2023 $581,951 $26,687,423 $0 $0
2022 $500,531 $24,261,294 $16,372,125 $7,889,169
2021 $235,575 $11,111,533 $0 $0
2020 $232,880 $10,958,120 $0 $0
2019 $228,149 $10,711,750 $0 $0
2018 $219,680 $10,512,022 $0 $0
2017 $217,604 $10,295,810 $0 $0
2016 $219,793 $10,094,637 $0 $0
2015 $222,354 $10,024,466 $0 $0
2014 $127,675 $5,111,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saddy Delgado

    Seller's Agent in 2014

    Saddy Delgado

    One Sotheby's International Realty

    (305) 632-4256

    47 Total Sales

    Saddy Delgado
    Section Image
  • Nancy Batchelor

    Buyer's Agent in 2014

    Nancy Batchelor

    Compass Florida, LLC

    (786) 578-4122

    13 in this area

    409 Total Sales

    Nancy Batchelor
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1845041

MIAMI REALTORS® MLS

APN: 01-3231-026-0110

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

943 N Venetian Dr, Miami Beach, FL

This home is located at 943 N Venetian Dr, Miami Beach, FL 33139 since 19 September 2013 and is currently estimated at $23,957,126, approximately $2,588 per square foot. This property was built in 1937. 943 N Venetian Dr 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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