Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 5 BR |
| Bathrooms: | 6½ |
| Pets: | No Pets Allowed |
Financials
Price:$3,890,000
Annual Taxes:$28,402
Listing Courtesy of EXP Realty LLC
Unique opportunity on Venetian Island.
Description
Unique opportunity on Venetian Island. This approved shovel ready project gives buyers the chance to build a signature residence and capture significant upside in one of Miami’s most desirable locations. Architectural plans by Weber Studio have already been approved, allowing for a seamless transition from purchase to construction.
The project calls for a 5,000 sq. ft. modern residence on a 9,000 sq. ft. lot, featuring tropical landscaping, a pool with waterfall, and clean contemporary lines. The interior layout includes five en-suite bedrooms, a private gym, a full spa, a chef’s gourmet kitchen, and a master suite with walk-in closet. A spacious third-floor terrace will offer panoramic ocean and Miami skyline views.
The existing home on the property is beautifully furnished by tenants and leased through January 2026, providing immediate income while the buyer prepares for construction. Once completed, the new residence carries an estimated value of approximately nine million dollars, offering a strong value-add opportunity for investors or end users.
Amenities
- Bay
- BedroomOnMainLevel
- Dishwasher
- Disposal
- DualSinks
- FirstFloorEntry
- LessThanQuarterAcre
- Lighting
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.