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+9 photosWaterfront home — 1224 S Venetian Way · San Marco · Miami
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Open property magazine$50,000,000
1224 S Venetian Way, Miami, FL 33139
Miami, FL, 33139
6 bd · 8 ba · 9,416 sqft
Listed by One Sotheby's International Realty
1224 S Venetian Way, Miami, FL 33139
Listed by One Sotheby's International Realty
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Estimated monthly payment
$338,912/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $338,912/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesExperience the future of waterfront living at this extraordinary new construction estate on the prestigious Venetian Islands. Encompassing 9,416SF, this architectural masterpiece offers 6 bedrooms, 6 full and 1 half baths, a media room, formal dining room, expansive living spaces, and multiple terraces designed to capture breathtaking bay and skyline views. The gourmet and chef's kitchens feature bespoke finishes including Slate, Iris Matt Lacquer, Sunrise Oak, Lunar, and Pewter cabinetry. Seamless indoor-outdoor living unfolds with a resort-style pool, spa, covered lounge, summer kitchen, fireplace, and direct waterfront access. Designed for modern luxury, the residence incorporates next-generation Luxor smart lighting technology with integration capabilities for Lutron, Crestron, Control4, and Savant systems. A rare opportunity to own a one-of-a-kind contemporary waterfront retreat on the iconic Venetian Causeway
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
135 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $338,912/mo
1224 S Venetian Way, Miami, FL 33139 · Miami
Location
1224 S Venetian Way, Miami, FL 33139
Dock & Draft Match™
Ask about dock
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1224 S Venetian Way, Miami, FL 33139?+
Property tax (after sale): $76,445/month est.; homeowners insurance: $3,028/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $79,472/month est. Principal and interest: $259,439/month; PMI: $0/month. Total for the payment scenario shown: $338,912/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1224 S Venetian Way, Miami, FL 33139?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1224 S Venetian Way, Miami, FL 33139 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1224 S Venetian Way, Miami, FL 33139?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1224 S Venetian Way, Miami, FL 33139?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1224 S Venetian Way, Miami, FL 33139?+
This listing has been on the market 135 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Chapman Partnership Early Childhood Center N
Pre-K & Kindergarten · Public · Grades PK–PK · Miami
Chapman Partnership Early Childhood Center South
Pre-K & Kindergarten · Public · Grades PK–PK · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
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