Venetian Islands Real Estate Miami Beach - Dilido Island

Venetian Islands real estate includes the Belle, Di Lido, Rivo Alto and San Marino Islands. In general, the area encompasses a variety of "sub-neighborhoods" within its geographic boundaries. These include single-family areas, principal arterial roadways, and multi-family areas. Due to the diversity of areas, the neighborhood improvements will be implemented through two separate construction sub-neighborhoods, as follows:The Venetian Causeway crosses Biscayne Bay between the City of Miami on the mainland and City of Miami Beach on a barrier island in southern Florida. The man-made Venetian Islands and non-bridge portions of the causeway were created by materials which came from the dredging of the bay.The Venetian Causeway follows the original route of the Collins Bridge, a wooden 2/5 mile (600 m) long structure built in 1913 by John S. Collins and Carl G. Fisher which opened up the barrier island for unprecedented growth and development.

Venetian Islands Real Estate Miami Beach - San Marino Island

DiLido, San Marino and Rivo Alto Islands. These corridors consist of single-family residences. Originally planned to be a part of the total Venetian Islands Project with Belle Island, Di Lido, San Marino and Rivo Alto were subsequently "split-out" as a separate package because they were not deemed to be within a Priority drainage basin by the City's PWD. On the other hand, the Belle Island was. The Department of Environmental Management would not issue a permit for a complete project, if all islands did not receive stormwater improvements. However, not having been designated a Priority Basin, monies made available to the Venetian Islands through the bond issue were appropriately reallocated to fund shortfalls within other priority basins citywide. Hence, Bid Packages 13B and 13C were separated for permitting purposes. Please contact the CIP Office for further details on projects that may be of interest to you.

The Venetian Islands are some of the most beautiful Islands in all of South Florida, and Venetian Island waterfront homes have increased substantially in value.

Venetian Islands Real Estate - San Marco Island

Venetian Islands Luxury Home Finally Priced To Sell

January 2010
The Venetian Islands, located in Miami Beach, stretch to Miami across a span of 7 bridges called the Venetian Causeway, the oldest of metropolitan Miami's causeways, as well as one of the most charming areas in Florida. The 6 Venetian Islands are surrounded by Biscayne Bay, and feature amazing views of the water and downtown Miami, not to mention some of the finest luxury homes in Miami Beach.

One of those luxury homes has been on the market for sale since February, and is worth mentioning now, because it is a magnificent Mediterranean estate, which has finally been priced to sell. The spacious 5 bedrooms home, located at 1350 S. Venetian Way, Miami, boasts 7,991 square feet of living space, and has rooms that could be used as additional bedrooms if needed.

Listed in February of this year for a whopping $6,950,000, an incredibly high price, given today's market conditions, the owner dropped the price 2 times, and now has it advertised for $4,985,000, a reduction of almost $2 million. With a private dock, boat lift, and direct ocean access, set on an over sized lushly landscaped lot, measuring 12,250 square feet, with 70 linear feet of bay front, 5 upstairs bedrooms, and a new, drastically reduced asking price, the property is likely to be sold in the next few months.

Venetian Island Home Sold For $3,700,000

January 2009
Last week, a 3 bedrooms, 3.5 bathrooms, 3,500 square feet home at 324 W. San Marino Drive, on the Venetian Islands in Miami Beach, sold for $3,700,000, a pretty good price for the seller, in this present market. The house, located on San Marino Island, one of six Venetian Islands, was recently updated, and is situated on one of the best lots on the Island.

The property features beautiful views of the open wide bay, 65 linear feet of water frontage, a 15 by 40 feet pool with 9 feet depth, 2 jet-ski lifts, and 2 boat slips. Listed for sale in 2008, the property remained on the market for 177 days, before closing. It was originally listed for $4,495,000, and although, the property sold for almost $800,000 below the asking price, the seller was nonetheless able to sell the house for more than $1000 per square foot.

Venetian Islands Condo For Sale $799,000

March 2009

1000 Venetian Way, Apt. 1601 For Sale $799,000
A fine Venetian Islands condo on Miami Beach is up for sale in one of the most desirable buildings on the Venetian Islands. Priced at $799,000, the 2 bedrooms, 2 bathrooms apartment, with a spacious 1,830 square feet of interior living space, is surrounded by terraces on 3 sides of the condominium. Located at 1000 Venetian Way, on Biscayne Island, one of the 6 Venetian Islands, the apartment is listed at an asking price of $436 per square foot, a pretty decent price for a condo with a great view, in a great location.

Venetian Islands Real Estate - Home Reduced To $1,525,000

Venetian Islands House On Miami Beach UPDATE: (Nov. 5, 2008) Now reduced to $1,295,000
A very charming, updated house on Dilido Island was reduced in price from $1,695,000 to $1,525,000 just a few days ago. The charming 3 bedrooms, 3 bathrooms pool home has an ample 2,750 square feet of interior living area, and sits on a 7,020 square feet lot in one of the best locations on Miami Beach. The Venetian Islands home located at 30 E. Dilido Drive, previously sold in 2002 for $518,000, before any restorations to the house had been made.

Venetian Islands Home Sold For $6,250,000

May 2008
A brand new Miami home located on San Marco Island, one of six Venetian Islands stretching from Miami Beach to Miami, sold last week for $6,250,000. The home located at 1374 S. Venetian Way, Miami Florida was built in 2006 on a 10,500 square feet, wide bayfront lot facing downtown Miami. The owner had the property listed on the market for sale for just over a year at an asking price of $7,950,000, before it closed a few days ago.

The 7 bedroom, 8.5 bathroom home boasts a very spacious 7,117 square feet of interior living space, with 60 linear feet of bayfront. The property sold for approximately $878 per square foot of living area. The home is high tech throughout, featuring a roof top pool and a large deck, an elevator to take you from the ground floor to the pool area, numerous terraces and balconies, and a beautiful master suite with amazing views.