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1040 N VENETIAN Drive
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
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.
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 estimateListing 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 linkGeneral 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
About the Community
- Homes for Sale
- 2
- Median List Price
- $3,400,000
- Median $/Sq Ft
- $1,239
- Avg Days on Market
- 5
Frequently Asked Questions
- 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
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Recent Sales
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.
Sold$3,100,000
Sold · May 5, 2026
1030 N Venetian Drive
3 bed · 5 bath · 2,807 sqft · $1,104/sqft
$150,000 under the asking price
- Photo Coming SoonSold
$10,450,000
Sold · March 4, 2026
1001 N Venetian Drive
5 bed · 5.5 bath · 3,981 sqft · $2,625/sqft
$2,450,000 under the asking price
Sold$10,750,000
Sold · October 31, 2025
1111 N Venetian Drive
3 bed · 4.5 bath · 3,868 sqft · $2,779/sqft
$1,750,000 under the asking price
See every recorded sale in Biscayne Isl or find out what your Biscayne Isl home is worth.









