Thursday Throwdown: Battle of the Islands…Hibiscus & Palm vs. Venetian Islands in Miami Beach

 
Miami Beach offers a variety of exclusive islands that house some of the most gorgeous single-family homes and mega mansions in South Florida. A few of the most popular islands include Hibiscus, Palm and the Venetian Islands.

Both Hibiscus Island and Palm Island are separate, private man-made islands in the crystal blue waters of Biscayne Bay, accessible only via the MacArthur Causeway and part of the City of Miami Beach. Both Islands offer exquisite multi-million-dollar homes with stunning architectural designs ranging from Mediterranean to the famed Art Deco to modern, and most have private docks for a true relaxing South Florida lifestyle.

The Venetian Islands are a chain of 6 man-made islands in Biscayne Bay connected by bridges on the Venetian Causeway, which are part of both the cities of Miami and Miami Beach-depending on the island. The 6 beautiful islands that make up the Venetian Islands are Biscayne Island (Miami), San Marco Island (Miami), San Marino Island (Miami Beach), Di Lido Island (Miami Beach), Rivo Alto Island (Miami Beach), and Belle Isle (Miami Beach).

1374 S. Venetian Way is an amazing property on San Marco Island that epitomizes island living. Here is a video of the home:


Available Waterfront Single-Family Home Inventory

At this time, there are 27 waterfront single-family homes listed for sale on the Venetian Islands with an average list price of $10,052,370 and an average list price per square foot of $1,844.65. On Palm and Hibiscus Islands combined, there are 28 waterfront single-family homes for sale with an average list price of $12,734,250 and an average price per square foot of $1,777.07.

Venetian Islands Waterfront Single-Family Home Inventory

  • Total Waterfront Homes Available: 27
  • Average List Price: $10,052,370
  • Average List Price Per Square Foot: $1,844.65

Palm & Hibiscus Islands Waterfront Single-Family Home Inventory

  • Total Waterfront Homes Available: 28
  • Average List Price: $12,734,250
  • Average List Price Per Square Foot: $1,777.07

Available Non-Waterfront Single-Family Home Inventory

Currently, there are only 15 non-waterfront single-family homes listed for sale on the Venetian Islands with an average list price of $2,469,067 and an average list price per square foot of $863.55. Coincidentally, there are also 15 non-waterfront single-family homes currently for sale on Palm and Hibiscus Islands combined with an average list price of $3,371,700 and an average price per square foot of $836.95.

Venetian Islands Non-Waterfront Single-Family Home Inventory

  • Total Non-Waterfront Homes Available: 15
  • Average List Price: $2,469,067
  • Average List Price Per Square Foot: $863.55

Palm & Hibiscus Islands Non-Waterfront Single-Family Home Inventory

  • Total Non-Waterfront Homes Available: 15
  • Average List Price: $3,371,700
  • Average List Price Per Square Foot: $836.95

Single-Family Waterfront Homes Closed in the Last 6 Months

In the last 6 months, 8 waterfront single-family homes have sold on the Venetian Islands with an average sales price of $5,224,375 and an average price per square foot of $1,540.29. Together Hibiscus and Palm Islands have seen only 2 sales of waterfront single-family homes in the last 6 months with an average sales price of $5,812,500 and an average price per square foot of $1,201.58.

Venetian Islands Waterfront Single-Family Homes Closed in Last 6 Months

  • Total Waterfront Homes Closed in Last 6 Months: 8
  • Average Sales Price: $5,224,375
  • Average Sales Price Per Square Foot: $1,540.29

Palm & Hibiscus Islands Waterfront Single-Family Homes Closed in Last 6 Months

  • Total Waterfront Homes Closed in Last 6 Months: 2
  • Average Sales Price: $5,812,500
  • Average Sales Price Per Square Foot: $1,201.58

Single-Family Non-Waterfront Homes Closed in the Last 6 Months

In the last 6 months, 5 non-waterfront single-family homes have sold on the Venetian Islands with an average sales price of $1,832,000 and an average price per square foot of $670.46. Together Hibiscus and Palm Islands have seen only 1 sale of non-waterfront single-family homes in the last 6 months, which sold for $1,200,000, which was $500.42 per square foot.

Venetian Islands Non-Waterfront Single-Family Homes Closed in Last 6 Months

  • Total Non-Waterfront Homes Closed in Last 6 Months: 5
  • Average Sales Price: $1,832,000
  • Average Sales Price Per Square Foot: $670.46

Palm & Hibiscus Islands Non-Waterfront Single-Family Homes Closed in Last 6 Months

  • Total Non-Waterfront Homes Closed in Last 6 Months: 1
  • Average Sales Price: $1,200,000
  • Average Sales Price Per Square Foot: $500.42

Hibiscus/Palm & Venetian Islands Single-Family Home Months of Inventory

Waterfront Single-Family Homes

  • Venetian Islands: 20 Months of available inventory
  • Palm & Hibiscus Islands: 84 Months of available inventory

Non-Waterfront Single-Family Homes

  • Venetian Islands: 18 Months of available inventory
  • Palm & Hibiscus Islands: 90 Months of available inventory

Interested in the South Florida Real Estate Market???

If you, or someone you know, would like more information about luxury homes on any of the exclusive islands of Miami Beachplease contact Michael Light, Broker Associate and Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Note: The information contained herein was retrieved from the Multiple Listing Service (MLS) on August 17, 2017, and is intended for informative purposes only and, thus, should not be relied upon.

Douglas Elliman Sets Another Miami Beach Real Estate Record

 
A stunning waterfront spec mansion listed by Douglas Elliman just sold for $22 Million setting a brand-new record for the Venetian Islands in Miami Beach.

Completed in 2015, the flawlessly-designed estate located at 212 West Dilido Drive was designed by renowned architect Ralph Choeff with interiors beautifully designed by Charlotte Dunagan Design Group. The 11,600-square-foot Miami Beach luxury home features natural finishes, Kreon lighting, floor-to-ceiling glass doors, a Boffi kitchen, custom Henge furniture, theater, 2-story fireplace, glass enclosed-wine room and a private guest wing. The home also offers extraordinary outdoor amenities including an infinity-edge pool, a 7.5-foot seawall and 120 feet of water frontage with a limestone deck and panoramic views of Biscayne Bay and the vibrant Miami skyline.

Douglas Elliman is the leading luxury real estate firm in the country. Our exclusive partnership with Knight Frank Residential of London gives us a global reach to 488 offices in 59 countries across 6 continents. 

Put the Power of Elliman to work for you!

If you, or someone you know, are interested in marketing your home for sale, please contact Michael Light, Director of Luxury Sales at Douglas Elliman for a complimentary valuation and customized marketing plan specifically tailored for your home. You may reach Michael at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

10 Florida Architects Named in Ocean Home’s Top Coastal Architects

Photographs of Villa Venetian designed by Choeff Levy Fischman

Ocean Home Magazine presented “Ocean Home 50,” their annual list of the finest coastal architects in the United States and the Caribbean, naming 10 famed architects based right here in Florida. The top 10 Florida-based architects have designed some of the world’s most spectacular waterfront homes, and Miami Luxury Homes would like to congratulate these leading architects.

  • Arquitectonica
  • Brillhart Architecture
  • Choeff Levy Fischman
  • Clifford M. Scholz Architects
  • Guy Peterson
  • KZ Architecture
  • Rene Gonzalez
  • Rex Nichols Architects
  • Stofft Cooney Architects
  • Strang Architecture

The collage above features a stunning waterfront estate designed by Choeff Levy Fischman, which is currently offered for sale. CLICK HERE for more information about this ultra-luxe home and all of its exclusive amenities or contact Michael Light for a private viewing at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Ultra-Luxe Venetian Islands Estate Boasts Hautest & LAST Rooftop Pool in Miami

 
Miami Luxury Homes is featuring a stunningly-appointed ultra-luxe waterfront home on prestigious San Marco Island in the Venetian Islands that boasts the hautest and last private rooftop pool in Miami with dramatic views of Biscayne Bay and the Downtown Miami skyline. This waterfront home is offered for sale at $16,950,000. UPDATE 12/08/2016: The price has been lowered to $14,900,000! NEW UPDATE 04/26/2017: The price has been chopped again to $13,900,000!

Known as Villa Venetian, this exquisite Scandinavian-designed estate was fully renovated from the ground up by award-winning architectural firm Choeff Levy Fischman who completed this lavish home in late 2015. This gorgeous waterfront estate offers luxury living at its finest by marrying a sleek modern exterior with chic, sophisticated and bespoke interiors, complimented by unparalleled amenities and stunning panoramic bay and city skyline views.

Additionallythe truly-unique, glass-walled, infinity-edge, private rooftop pool, shown above, is truly unique because, since the completion of this home, zoning laws have changed, forbidding any new rooftop pools to be built in Miami.

Villa Venetian

Villa Venetian

Aerial View of Villa Venetian

Aerial View of Villa Venetian

Villa Venetian offers 7,961 square feet of luxury interior living space that is all seamlessly integrated with the latest state-of-the-art Savant Smart Home Technology controlling everything from the custom Lutron lighting and shades to the sound system in the private movie theater to the swim jets and underwater speakers in the rooftop swimming pool. This stunning 7-bedroom, 8.5-bathroom home features gorgeous natural hardwood flooring throughout, a first-class gourmet ItalKraft kitchen with premium Sub-Zero, Gaggenau and Wolf appliances, an aesthetically-sophisticated, yet comfortable, living room with a fully-integrated Planika fireplace and custom bar by Italkraft.

This luxe home also features a sprawling master bedroom with a boutique-size walk-in closet custom designed by ItalKraft, a spa-like master bathroom boasting bespoke Antonio Lupi vanity, cabinetry and soaking tub and floor-to-ceiling glass windows and doors that flawlessly lead to a private outdoor living room overlooking Biscayne Bay and Downtown Miami.

Villa Venetian Kitchen

Villa Venetian Kitchen

Villa Venetian Kitchen

Villa Venetian Kitchen

Villa Venetian Living Room

Villa Venetian Living Room

Villa Venetian Formal Living Room

Villa Venetian Formal Living Room

Villa Venetian Master Bedroom View

Villa Venetian Master Bedroom View

Villa Venetian Master Bathroom

Villa Venetian Master Bathroom

Villa Venetian Master Bedroom Outdoor Living Room

Villa Venetian Master Bedroom Outdoor Living Room

An Entertainer’s Ultimate Dream Home

Villa Venetian is not just a home, it is a lifestyle. This bayfront estate will allow you to entertain guests outdoors in first-class style by spending the day lounging poolside under the sun, swimming in your truly-one-of-a-kind, glass-walled, infinity-edge, private rooftop pool, relaxing in the rooftop hot tub and then capping off the evening with an exclusive waterfront dining experience on your rooftop overlooking the vibrant Magic City lights followed by a little R&R on your luxury yacht sailing the tranquil waters of Biscayne Bay from your own private boat dock.

Click on the video below to experience the ultimate luxury lifestyle that is Villa Venetian.

Villa Venetian Key Features & Amenities

  • Ideally located on the prestigious San Marco Island in the Venetian Islands overlooking Biscayne Bay and the vibrant Downtown Miami skyline and minutes from famed beaches, a variety of fine dining, posh shopping on Lincoln Road and vibrant entertainment
  • Gated for complete privacy and security
  • Fully-integrated Savant Smart Home System easily accessible by iPhone and/or iPad
  • Private elevator that travels all the way to the rooftop deck
  • Gourmet ItalKraft kitchen with premium Sub-Zero, Gaggenau and Wolf appliances
  • Spa-inspired bathrooms featuring bespoke Antonio Lupi vanities, cabinetry and soaking tubs
  • Custom Lutron lighting and shades integrated into Smart Home System
  • Dornbracht fixtures throughout
  • Beautiful state-of-the-art sauna and Hammam imported from Italy
  • Ultra-modern movie theater with state-of-the-art sound system
  • Custom-designed ItalKraft Italian closets
  • Chic and sophisticated living room with fully-integrated Planika fireplace and bespoke ItalKraft bar
  • Interior designer furnishings by B&B Italia, Poliform and Ligne Roset
  • Truly-one-of-a-kind, glass-walled, infinity-edge, private rooftop pool with spectacular bay and city views, complete with swim jets and underwater speakers fully-integrated into the Smart Home System
  • Private Boat Dock
Villa Venetian Rooftop Lounge Area

Villa Venetian Rooftop Lounge Area

Villa Venetian Rooftop Pool at Dusk

Villa Venetian Rooftop Pool at Dusk

Villa Venetian Private Boat Dock

Villa Venetian Private Boat Dock

To sum it all up, the owner of Villa Venetian, honestly, spared no expense when designing this beauty which has allowed it to be more than just a home…it is the ultimate urban oasis that establishes a new standard for waterfront luxury living in Miami.

If you are interested in purchasing this ultra-luxurious home in Miami, please contact Michael Light of Miami Luxury Homes for a private viewing. You may reach me on my cell phone at (786) 566-1700, directly at my office at (305) 350-9842 or via email at michael@miamiluxuryhomes.com.

Villa Venetian Aerial View at Night

Villa Venetian Aerial View at Night

Villa Venetian Aerial View at Night

Villa Venetian Aerial View at Night

172-Unit Condo Building w/750′ of Water Frontage Approved for Venetian Islands

 
Last week, The Miami Beach Design Review Board gave approval for the construction of a brand-new multi-family bayfront development on the Venetian Islands.

Euroamerican Group plans to build two, 5-story buildings on a 3.5-acre waterfront parcel located at 31 Venetian Way on the north side of Belle Isle. The luxury condo development, which will include 750 feet of water frontage, will consist of 172 residential units and feature a beautiful bay walk and 297 parking spaces.

The project has been in the planning stages for 6 years and will replace 4 existing 3-story buildings that were built in 1939, according to TRD. This project was unanimously approved by board members last week.

Stay tuned for more renderings and additional information about this new luxury development on one of the most sought-after islands in Miami Beach.

31 Venetian Way Rendering

31 Venetian Way Rendering

About the Venetian Islands

The Venetian Islands are a chain of beautiful man-made islands in the sparkling waters of Biscayne Bay in Miami Beach. The Venetian Islands consists of 6 islands, connected by bridges on the Venetian Causeway, that include (from west to east) Biscayne Island, San Marco Island, San Marino, Dilido Island, Rivo Alto Island and Belle Isle.

The Venetian Islands feature a number of beautifully-landscaped luxury waterfront homes furnished with lavish details and offer spectacular views of Biscayne Bay and the Miami skyline. So, many from around the world call this tropical paradise home, and it continues to be an attraction to the wealthy for the elegant, relaxing, island lifestyle they can retreat to on a regular basis.

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