SOLDSingle Family Residence
Alyssa Morgan & Stephanie Juckem Of The Inside Network Represent Buyer For $3.18M Miami Beach Home
1338 North Venetian Way
$3,180,000
$1,294/SF
Building Size
2,456 SF
Asset Type
Single Family Residence
Closing
Jul 24, 2026
AI
The property asset involved in this transaction is located at 1338 North Venetian Way in the Miami Beach market. It is a single-family residence that spans 2,456 square feet and was sold for a price of $3,180,000, representing a price per square foot of $1,294.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,180,000
- Square Footage: 2,456
- Price Per Square Foot: $1,294
- Address: 1338 North Venetian Way
- Market: Miami Beach
- Buyer's Representative: Alyssa Morgan & Stephanie Juckem - The Inside Network
- Seller's Representative: Sivan Erten - Erten Realty Group
This transaction highlights a remarkable occurrence where the Venetian Island residence was sold in just one day due to strong demand, leading to multiple offers and the property being under contract in 24 hours. The closing process completed in less than 30 days, showcasing effective negotiation and market dynamics.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.99%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93