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Waterfront · Single Family Residence
$30,000,000$6,766 / sqft
250 W San Marino Dr, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
4,434 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type
About this home
Back on the Market. -DOUBLE LOT- ON THE WATER WITH ONE OF THE MOST MOST EXCLUSIVE AND MOST SPECTACULAR CITY VIEWS ON VENETIAN ISLAND WITH 120FT OF WATER FRONTAGE WITH A LARGE LAP POOL. THIS EXCLUSIVE AND WELL MAINTAINED HOUSE FEATURES AN OPEN FLOOR PLAN, GOURMET KITCHEN DIRECTLY FACING TO THE WATER AND EXPANSIVE OUTDOOR LIVING SPACE WITH SUMMER KITCHEN AND CABANA BATH. EIGHT CAR GARAGE UNDER THE A/C (FOUR CAR LIFTS) WITH IT'S PRIME LOCATION,JUST MINUTES AWAY FROM SOUTH BEACH AND THE BEACHES, DOWNTOWN MIAMI AND THE DESIGN DISTRICT.YOU MAY ENJOY THIS HOUSE AS IS OR POSSIBLY TO BE BUILT A HUGE MANSION OR POSSIBLY TO BE DIVIDED INTO TWO LOTS TO BUILT TWO HOUSES.
Features
- First Floor Entry
- Cooking Island
- Entrance Foyer
- Barbeque
- Bay
- Water
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$151,696
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 3-bed rentals in Miami Beach, from 21 active listings; the middle half ask $6,500–$18,000.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.