NOT LISTED FOR SALE

Estimated Value: $5,567,872 - $5,916,000

5 Beds
5.5 Baths
2,729 Sq Ft
$2,108/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $5,800,000 $2,125 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $33,848/month

229 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Deck
  • North Beach Elementary School Rated A-
  • Above Ground Pool
  • 4-minute walk to Venetian Causeway Park

About This Home

As of December 2024

New Construction - Just Completed and Staged in a highly sought-after area, Venetian Islands. This home has over 6,400 Total SF with 5BR/5.5BA designed by Jose Sanchez - Praxis Architecture. The open floor plan connects the living area, family room, and Italian chef’s kitchen with exterior summer kitchen designed perfectly for entertainment. This home as well features top of the line Gaggenau appliances, smart home technology, swimming pool, master suite with large walk-in closet and terrace, climate controlled wine cellar with racks, rooftop terrace with 360 degree views + summer kitchen, and many more. Amazing opportunity to live on a dead-end street in the Venetian Islands. This home is in walking distance to Sunset Harbor, Lincoln Road, Miami Beach Golf Course, Beach, and much more.

Last Listed By

Maurice Boschetti

Compass Florida, LLC License #3450869 Listed on: 04/30/2024

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,327

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Ocean
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • High Impact Door

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Biscayne Islands Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-019-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,327

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: Detached, Three Or More Stories
  • Co List Office Mls Id: BSCH01
  • Co List Office Phone: 305-790-8729
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: Biscayne Islands Estates
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Ocean, Pool
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: Above Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Biscayne Islands Estates
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-019-0020
  • Lot Size Sq Ft: 6000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Dec 13, 2024
Sold by
Gb Investments I Llc
Bought by
1098 N Venetian Drive Trust and Kempe
Seller's Agent
Maurice Boschetti
Compass Florida, LLC
Buyer's Agent
Anna Sherrill
One Sotheby's International Re
List Price
$6,395,000
Sold Price
$5,800,000
Premium/Discount to List
-$595,000
-9.3%
Total Days on Market
229
Views
131
Current Estimated Value
$5,752,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,782
Avg. Annual Appreciation
-2.27%
Original Mortgage
$3,770,000
Outstanding Balance
$3,762,475
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,989,743

Purchase Details

Closed on
Jan 11, 2021
Sold by
Ruiz Christina Macrobert and Ko Carolina Ileana
Bought by
Gb Investments I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
2.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2018
Sold by
Masud Elias and Ruiz Christina Macrobert
Bought by
Ruiz Christina Macrobert and Ko Carolina Ileana

Purchase Details

Closed on
Apr 5, 2010
Sold by
Masud Elias
Bought by
Masud Elias and Macrobert Christina

Range of Values:

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Average Value
Not Available
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
1098 N Venetian Drive Trust $5,800,000 None Listed On Document
Gb Investments I Llc $1,500,000 Attorney
Ruiz Christina Macrobert -- Attorney
Masud Elias -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1098 N Venetian Drive Trust $3,770,000
Previous Owner Gb Investments I Llc $3,000,000
Previous Owner Gb Investments I Llc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $5,800,000 -7.9% $2,125 / Sq Ft
09/24/2024 09/24/24 Price Changed $6,295,000 -1.6% $2,307 / Sq Ft
04/30/2024 04/30/24 For Sale $6,395,000 -- $2,343 / 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 $20,915 $1,888,045 -- --
2023 $20,915 $871,200 $0 $0
2022 $16,327 $792,000 $792,000 $0
2021 $28,761 $1,335,791 $1,140,000 $195,791
2020 $6,133 $311,746 $0 $0
2019 $5,996 $304,738 $0 $0
2018 $0 $299,056 $0 $0
2017 $5,701 $292,905 $0 $0
2016 $5,733 $286,881 $0 $0
2015 $5,636 $284,887 $0 $0
2014 $5,636 $282,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11578757

MIAMI REALTORS® MLS

APN: 01-3231-026-0290