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Tags:  Waterfront for sale, Nelson Gonzalez



1417 N VENETIAN WAY, MIAMI, FL 33139

The Best Waterfront Location for Your New Home, Listed by Nelson Gonzalez

1417 N Venetian Way is an oversize lot of 13,382 square feet with 104 feet of waterfront on the wide bay. The lot is located on San Marco Island which is part of the city of Miami where one can build a significantly larger home than on a similar lot on Miami Beach. It is priced to sell at $5.950 million and the current home on the lot is considered a tear-down. This prized piece of land is one of the best on the Venetian Islands.

The Venetian Islands are located between Downtown Miami and Miami Beach, and offer the best of both worlds. Islands are linked to Miami Beach and the mainland by the Venetian Islands Causeway making the commute very manageable for those who work on the beach and those who work in downtown Miami. The Venetian Islands are close to world-famous Lincoln Road Mall and hot Sunset Harbour neighborhood. The Sunset Harbour neighborhood is one of the trendiest neighborhoods in Miami Beach and offers many great restaurants, Panter Coffee, and exercise crazes with Green Monkey Yoga and Flywheel Spin. If you would like more information on vacant waterfront land parcels, or if you would like to view this home, please contact Nelson Gonzalez today!



 

Tags:  EWM Realty Mid-Year Update, Nelson Gonzalez



The world has its eyes on South Florida's real estate market. And, although facing a temporarily slowdown in demand for high-end luxury real estate, Miami-Dade County still continues to be one of the most desirable places for buyers looking to buy luxury homes. Recently released Christie's International Real Estate White Paper on global luxury real estate, "Luxury Defined," placed Miami to #7 in its global ranking of the Top 10 high-end real estate markets, one spot higher than last year. So, why is South Florida's luxury real estate market appealing to domestic and international buyers and climbing to the top?

Most of the luxury home owners in Miami-Dade County are second, third, even fourth-home buyers. To these buyers, the luxury homes in Miami-Dade are a literal bargain when compared to luxury homes across the globe. For example, the average prices of an urban apartment of 1,291 square-feet, in the Top-5 cities in the world, are as follows: Monte Carlo $4,593/SF, London $2,548/SF, Hong-Kong $2,374/SF, New York $2,089/SF, and Singapore $1,341/SF. Miami Beach is listed #13 on the list with an average price of $750/SF, whereas Miami is at #17 with an average price of $475/SF. One can now understand how Miami Beach’s $760/SF seems alluring when compared with Monte Carlo’s $4,593/SF or London's $2,548/SF. Therefore, these affluent cash buyers are closely monitoring our market and waiting for the perfect time to make a purchase that will meet their expectations of today's values. This, coupled with few other reasons that we will elaborate in our next blog, is what makes Miami-Dade becoming one of the most wanted destinations for owning a luxury home.

This information was provided by EWM Realty International's Insights 2016 Mid-Year Update.



 

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