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1040 N VENETIAN Drive, Miami, FL 33139
Active
18 Days on Market
Virtual Tour
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All Listings

$3,950,000

1040 N VENETIAN Drive

Miami, FL 33139

BISCAYNE ISL

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$3,950,000
Price per sq ft
$2,111
Vs. nearby sales
19.6% below
Days on market
18

This 4-bedroom single-family home in Biscayne Isl is listed at $3,950,000, or $2,111 per square foot. The asking price has come down 4.8% from its original $4,150,000. It has been on the market for 18 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $2,625 per square foot, so the asking price is 19.6% below what comparable homes here actually sold for.

4
Bedrooms
2
Bathrooms
1,871
Living Sq Ft
1952
Year Built

Estimated monthly payment

$20,759 /mo

Principal and interest only, based on $790,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$3,950,000
Days on Site
18 Days
Bedrooms
4
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,871 sqft
Total Sq Ft
1,903 sqft
Lot Size
0.21 Acres
Year Built
1952
Property Type
Single Family
MLS #
B26084377
Property Tax
$34,000 (2025)
Subdivision
BISCAYNE ISL
County
Miami Dade
Status
Active
Special Conditions
Standard

About This Property

This 4-bedroom, 2-bath home in the established Biscayne Island subdivision offers a functional layout and excellent potential. Situated on an approximately 9,000 sq. ft. lot (75' x 120'), the home features a spacious floor plan with generous rooms and an open living area. A bonus room behind the laundry area provides additional flexibility for a home office, storage, or other uses. Impact windows add comfort and peace of mind. This property presents a great opportunity for homeowners or investors looking to personalize, improve, and build value in a desirable Miami location. Property is currently tenant occupied. Showings begin November 1st. Please DO NOT disturb tenants or visit without a confirmed appointment.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1952
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Circular Driveway / Driveway
Direction Faces
North
Lot Size (Acres)
0.21
Living Sq Ft
1,871
Total Sq Ft
1,903
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
0100

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Fireplace
Yes
Interior Features
None
Laundry
Washer Hookup / Inside / Laundry Room
Main Level Bedrooms
2
Main Level Baths
4
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Block / Stucco
Roof
Tile
Exterior Features
Storage
Architectural Style
Ranch
Lot Features
Less Than Quarter Acre

Community & HOA

Security
Smoke Detectors
Utilities
Cable Available / Electricity Available / Natural Gas Available / Phone Available / Sewer Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Exchange1031
Restrictions
No Restrictions / Ok To Lease
MLS Area
2320

Schools

Elementary School
North Beach
Middle School
Miami Beach Nautilus
High School
Miami Beach
Homes for Sale
2
Median List Price
$3,400,000
Median $/Sq Ft
$1,239
Avg Days on Market
5
View all 2 homes for sale in Biscayne Isl →
How do I schedule a tour of 1040 N VENETIAN Drive, Miami, FL 33139?
Use the Tour button on this listing to request a showing of 1040 N VENETIAN Drive, Miami, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1040 N VENETIAN Drive, Miami, FL 33139 still available?
1040 N VENETIAN Drive, Miami, FL 33139 is currently listed as Active, and has been on the market 18 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1040 N VENETIAN Drive, Miami, FL 33139?
With 20% down ($790,000) on the $3,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1040 N VENETIAN Drive, Miami, FL 33139 is about $20,759/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1040 N VENETIAN Drive, Miami, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1040 N VENETIAN Drive, Miami, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1040 N VENETIAN Drive, Miami, FL 33139?
1040 N VENETIAN Drive, Miami, FL 33139 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1040 N VENETIAN Drive, Miami, FL 33139?
Often, yes. The right offer on 1040 N VENETIAN Drive, Miami, FL 33139 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Rene Valverde

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 6, 2026.

$3,950,000

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Listed by Rene J Valverde, Rene Valverde

Recently sold homes in Biscayne Isl

These are the last 3 recorded closings in Biscayne Isl, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,625 per square foot. The most recent closed on May 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Biscayne Isl or find out what your Biscayne Isl home is worth.

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