Venetian Islands spec home sells for $12M

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
122 West Dilido Drive (Douglas Elliman)
Modern two-story home in Venetian Islands sells for $23M
Modern two-story home in Venetian Islands sells for $23M
The Venetian Islands home (One Sotheby's International Realty)
Boston wealth manager picks up Venetian Islands home and lot for $13M
Boston wealth manager picks up Venetian Islands home and lot for $13M
Jeff Franklin and the lot (Getty, Compass via Greg Mirmelli)
Fuller House? Sitcom creator adds to waterfront Venetian Islands property with $13M purchase
Fuller House? Sitcom creator adds to waterfront Venetian Islands property with $13M purchase
The Miami Beach property was recently purchased by a toymaker who specializes in slime (Corcoran, Getty)
That’s a lot of slime: Toymaker drops $19M on waterfront Venetian Islands home
That’s a lot of slime: Toymaker drops $19M on waterfront Venetian Islands home
Jeff Franklin and 1230 South Venetian Way (Getty)
“Full House” creator Jeff Franklin buys waterfront Venetian Islands property
“Full House” creator Jeff Franklin buys waterfront Venetian Islands property
O. Dean Jernigan and 1325 North Venetian Way, Miami Beach (Google Maps)
Former self-storage CEO sells Venetian Islands home for $18M
Former self-storage CEO sells Venetian Islands home for $18M
Orhan Kilic and 1101 North Venetian Drive. (Kilic Seafood, Berkshire Hathaway Home Services)
Turkish aquaculture magnate sells his waterfront Venetian Islands teardown for $6M
Turkish aquaculture magnate sells his waterfront Venetian Islands teardown for $6M
Dora Puig with the Venetian Islands home (Google Maps)
Dora Puig buys waterfront Venetian Islands home next door to hers
Dora Puig buys waterfront Venetian Islands home next door to hers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...