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Venetian Islands Real Estate Market Update And Listing

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The Venetian Islands are comprised of six small islands that form an exclusive community which has become one of the most desirable submarkets in Miami Beach. The series of man-made islands comprised by Biscayne Island, San Marco, Di Lido, San Marino, Belle Isle, and Rivo Alto are united by the private toll road known as the Venetian Causeway. Homes along these islands are stunning waterfront properties ranging from classic to contemporary architecture and are in walking distance to fine dining and boutiques. The convenient location to Downtown Miami, Brickell, Wynwood, and the Design District make this an ideal real estate acquisition and I’m excited to be able to provide a Spring Time snapshot of this market.

Waterfront homes here are the ultimate trophy for savvy buyers. As of today, there are 28 active listings in this category. The Highest Priced Listing at 212 W Dilido Dr is offered at $32,000,000. The Lowest Priced Listing at 425 E Dilido Dr is offered at $4,250,000. There are three pending sales and one closed sale to date in 2016.

The Venetian Islands do offer non-waterfront home options as well, and the MLS shows 15 active listings as of today. The Highest Priced Listing at 324 E Rivo Alto Dr is being offered for $3,999,000. The Lowest Priced Listing at 211 W Rivo Alto Dr is being offered for $1,475,000. Three are under contract and one has been sold in 2016. My analysis of the region shows that the average price per square foot for waterfront homes is $1,833 & for non-waterfront is $834.

With all of this in mind, I am an advocate of owning in this area which makes me excited to be able to offer exclusive access to the most affordable 5-bedroom property on the Venetian Islands. Introducing a Ben Moss Premier Property listing at 115 4th Dilido Terrace, the 5-bedroom, 3-bath single family house offers 3,172 square feet and is listed at $1,799,000. You’ll find an open floor plan ideal for entertaining and all high-end finishes from hardwood floors in bedrooms, to impact-resistant windows, a spacious master, and small pool with spa. Get to know the property fully through a digital tour which you can access here. This acquisition is made even more valuable by the fact that the lot next door to this property is also available for sale. Locking down both listings represents a fantastic chance to build your own compound in the top Miami Beach neighborhood. The 15,000 square foot lot allows for a 4,500 sq. ft. one-story home or a 7,500 sq. ft. two-story home. Reach out about my unparalleled pocket listing that can make your real estate dreams a reality. I look forward to sharing the beauty and value of the Venetian Islands with you.

My business has been built on cultivating long-term relationships. Please let me know if I can be of assistance to you and your family, whether renting, buying or selling.

You can reach me directly at 305-793-4783 or Ben@BenMossGroup.com.

Ben specializes in South Florida luxury real estate in the cities and neighborhoods of Coral Gables, South Miami, Pinecrest, Coconut Grove, Miami Beach, South Beach, and Key Biscayne. His track record of success includes significant sales and record breaking transactions in Miami-Dade and Broward County. As a thought leader in South Florida luxury real estate, Ben is regularly featured in local media sharing insights from his comprehensive real estate market reports. Ben also runs the Sports & Entertainment division for ONE Sotheby’s International Realty, having represented hundreds of athletes and entertainers with their real estate needs nationwide. Experience the power of passion aligning with data centered knowledge - reach out to Ben about your upcoming real estate transaction.