tomo logo

$18,950,000

Beds
5
Baths
7.0
sq ft
5,659

1277 N Venetian Way, Miami Beach, FL 33139

1277 N Venetian Way

Miami, FL 33139

  • 62 days on market
Elegant tropical contemporary waterfront residence on the wide-open waters of Venetian Islands offering dramatic sunsets and sought-after skyline views! Enter through a soaring double-ceiling foyer to open layout living areas with luxurious finishes, surrounding an expansive and inviting interior courtyard. The five bedroom seven bathroom modern design home perfectly blends the interiors and exteriors. An entertainer's oasis equipped with a private dock ideal for 60+ yachts, wet bar, gazebo, outdoor shower and bathroom. Built in 2006 and remodeled in 2022, this gated estate is complete with a two car garage.

Details

Property type

Single Family Residence

Est. home value

$10,444,264

Lot size

0.24 acres

Price per sq ft

$3,349

Year built

2006

Annual property taxes

$67,454

Price History

10/20/2024
SEF

SEF #A11679521

Listed
$18,950,000
-9.55%
05/30/2024
SEF

SEF #A11574094

Removed
$20,950,000
04/22/2024
SEF

SEF #A11574094

Listed
$20,950,000

Schools & Community

Neighborhood: 

San Marco Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2016

Original loan amount

$2,960,671

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Al Cabrini

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2016

Original loan amount

$2,960,671

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Al Cabrini

Lender

Washington Mutual Bank Fa

Loan start date

February 2006

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Credit Line (Revolving), 20 year

Seller

Al Cabrini

Lender

Washington Mutual Bank Fa

Loan start date

February 2006

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Credit Line (Revolving), 20 year

Seller

Al Cabrini

Lender

Washington Mutual Bank Fa

Loan start date

April 2003

Original loan amount

$1,141,900

Est. remaining balance

Not provided

Interest rate

4.87%

Loan type

Not Provided, 40 year

Seller

Al Cabrini

Lender

Washington Mutual Bank Fa

Loan start date

April 2003

Original loan amount

$1,141,900

Est. remaining balance

Not provided

Interest rate

4.87%

Loan type

Not Provided, 40 year

Seller

Al Cabrini

Lender

First Union National Bank

Loan start date

August 2001

Original loan amount

$65,000

Est. remaining balance

Not provided

Interest rate

7.21%

Loan type

New Conventional

Seller

Al Cabrini

Lender

First Union National Bank

Loan start date

August 2001

Original loan amount

$65,000

Est. remaining balance

Not provided

Interest rate

7.21%

Loan type

New Conventional

Seller

Al Cabrini

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 2:10 AM

Listing updated: 12/22/2024 at 9:45 AM

Listed by: Daniel Blakeman, Quadra Real Estate + Advisory, LLC Phone #: (305) 965-1482

MLS: SEF #A11679521

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