SOLDLand
Brett Harris Of Bespoke Real Estate Represents Buyer In $23.5 Million Land Sale In Miami Beach
1266 South Venetian Way
$23,500,000
$1,119/SF
Building Size
21,000 SF
Asset Type
Land
Closing
Sep 15, 2026
About this deal
AI
The property asset involved in this transaction is a land parcel located at 1266-1276 South Venetian Way in Miami Beach. The transaction was finalized at a price of $23,500,000, with a total square footage of 21,000, which results in a price per square foot of $1,119.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $23,500,000
- Address: 1266-1276 South Venetian Way
- Market: Miami Beach
- Square Footage: 21,000
- Price per Square Foot: $1,119
- Buyer's Representative: Brett Harris - Bespoke Real Estate
- Seller's Representatives: Marko Gojanovic, Reid Heidenry & Melissa Breda - ONE Sotheby's International Realty
In this transaction, Brett Harris of Bespoke Real Estate represented the buyer, while the seller was represented by a team consisting of Marko Gojanovic, Reid Heidenry, and Melissa Breda from ONE Sotheby's International Realty.
Players
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Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93