Venetian Islands spec home sells for $12M

10,500 sf property last sold for $2.25M in 2012

TRD MIAMI /
Aug.August 26, 2015 09:45 AM

A luxury, waterfront home on Dilido Island in Miami Beach sold for $12 million on Monday, The Real Deal has learned.

The 6,400-square-foot home was designed by architect Max Strang, and includes six bedrooms, six bathrooms and one half-bath. It also features family and dining rooms that open into the backyard pool deck, views of Biscayne Bay and tropical landscaping. The property has 60 feet of water frontage.

Julian Johnston, of Calibre International Realty, brokered the sale. Luxury home developer Luis Bosch sold the 10,500-square-foot property in the Venetian Islands. Bosch, who is from Spain, has lived in Miami Beach for more than a decade and started developing homes in Palm Island. His next project is at 306 West San Marino, also in Miami Beach. It will be completed next year, Johnston told TRD.

“There are not too many houses on Venetian like it,” Johnston said. “There’s a lot of wood, rock – a modern style.”

New York-based 709 East Dilido Drive LLC, the seller, paid $2.25 million for the property in 2012, according to Miami-Dade County property records. Johnston would not reveal the buyers’ identity, but did say that they were from South America. 

Josh Stein of Gary Hennes Realtors represented the buyer, Hennes told TRD

The home also features Miele appliances, Delta lighting, an Italian Binova kitchen, interior design by New York-based Gachot, custom limestone floors and white oak floors. It was completed in June, Johnston said. The two-story home was on the market for $13.8 million.

Earlier this year, tech executive Tom Jermoluk sold his waterfront home at 1374 South Venetian Way for $7.9 million. And a half-acre vacant lot on San Marco Island sold for $10.5 million in April, more than ten times its last sale.


Related Articles

arrow_forward_ios
320 West Rivo Alto Drive, Dora Puig and Alissa Pool (Credit: Instagram) 

Fitness mogul buys Venetian Islands house

From left: Nelson Gonzalez, Danny Hertzberg, Julian Johnston and Ben Moss

“The biggest week of the year”: Luxury brokers eye potential buyers in town for Super Bowl

120 West Rivo Alto Drive, Julian Johnston and Silke Dietrich

Beauty moguls buy Venetian Islands spec home for $12M

Daily Digest Miami

Messi lands luxury condo in Sunny Isles, Bokamper lists Plantation house

802 West Dilido Drive with agents Dina Goldentayer and Miltiadis Kastanis (Credit: Douglas Elliman)

Developer gets $15.6M for Venetian Islands spec home

David Beall and 303 East Dilido Drive (Credit: LinkedIn, Relator, and iStock)

Pinkberry franchisee lands sweet deal for Venetian Islands home

1771 North View Drive, Julian Johnston, Enrique Iglesias, and Caterine Gomez (Credit: Getty Images)

Enrique Iglesias’ former Miami Beach home trades for $13M

Daily Digest Miami

PurduePharma family behind office purchase in downtown West Palm, Dwyane Wade wants out of Miami Beach manse: Daily digest

arrow_forward_ios
Loading...