All listings
Active
Active1 / 12
Photo 1 of 12
Waterfront · Single Family Residence
$16,900,000$4,051 / sqft
1421 N Venetian Way, Miami FL 33139
Listed
5
Bedrooms
5
Bathrooms
4,172 sqft
Interior
1938
Year built
None
HOA
Single Family Residence
Type
About this home
VIEWS! VIEWS! VIEWS! Exceptional waterfront opportunity to build your dream home on this 13,382 SF LOT in the coveted Venetian Islands. Dock your yacht in front of your home on the 105 feet of waterfront this home offers. Enjoy sweeping open bay views of the Biscayne Bay and the Miami Edgewater skyline from your home all year round. Sip Champagne while you Gaze at the spectacular sunsets from this prime island setting, complemented by a spacious pool area, ample dockage, and a boat lift. The property currently features a 5 bedroom + 4.5 bath Mediterranean residence offering the opportunity to enjoy, renovate, or reimagine the property and create a custom waterfront estate. A rare opportunity to own a substantial waterfront property in one of Miami Beach’s most desirable residential neighborhoods. Minutes from Miami Design District & Sunset Harbour. Twenty minutes from Miami International Airport.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Entrance Foyer
- French Doors
- Walk-In Closet(s)
- Den/Library/Office
- Florida Room
- Maid/In-Law Quarters
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.