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Waterfront · Single Family Residence
$33,000,000$10,830 / sqft
851 N Venetian Dr, Miami FL 33139
Listed
4
Bedrooms
3
Bathrooms
3,047 sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
BUILD YOUR DREAM HOME… Spectacular oversize 26,250 square foot of lot with 175 feet of prime waterfrontage. Stunning sunset views and dramatic vistas of the Edgewater buildings lit up at night. Centrally located and only minutes from Design District, Sunset Harbor retail, Brickell and South Beach. This exclusive property offers privacy and convenience. Concept plans for stunning modern home by famed Architect Kobi Karp’s, whose visionary plans are available for you to customize and build your own one-of-a-kind waterfront estate masterpiece. A very rare opportunity in Miami’s most prestigious Venetian Islands. Call today to walk the property and see the unobstructed wide-bay waterfront views of the Miami’s skyline.
Features
- First Floor Entry
- Garage Converted
- Bay
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$166,866
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $166,866
- HOA
- None
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.