SOLD
Italkraft Acquires Waterfront Lot On South Venetian Way In Miami Beach For $11.5M
1384 South Venetian Way
Single Family
Sold 143 days ago
Summary
Sale
FLORIDA
Single Family
Italkraft, a luxury cabinetry maker, has purchased a waterfront vacant lot in Miami's San Marco Island for $11.5 million. Located at 1384 South Venetian Way, the 0.3-acre lot previously owned by developer Michael Stern and Layne Stern offers 104 feet of waterfront. The buyer, Alex Xakoustis, plans to build a new residence on the expanded waterfront lot.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,500,000
- Date: 11/17/2023
- Address: 1384 South Venetian Way
- Market: Miami Beach
Alex Xakoustis, the president of Italkraft, made the purchase through the representation of Nelson Gonzalez from Berkshire Hathaway HomeServices. Gertrude Shafer was the seller in this deal. The transaction involved Nelson Gonzalez acting as the broker.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Nelson Gonzalez & Alex Xakoustis
DATE: 11/17/2023
ADDRESS: 1384 South Venetian Way
MARKET: Miami Beach
ASSET TYPE: Single Family
BUYER: Italkraft (@Italkraft) - Alex Xakoustis (@AlexXakoustis)
SELLER: Gertrude Shafer
BROKER: Nelson Gonzalez (@NelsonGonzalezMiami) - Berkshire Hathaway HomeServices (@BHHSRealEstate)
SALE PRICE: $11,500,000
NOTE: Alex Xakoustis, president of luxury cabinetry maker Italkraft, bought a waterfront vacant lot at 1384 South Venetian Way in Miami's San Marco Island for $11.5 million. The 0.3-acre lot, previously owned by developer Michael Stern and Layne Stern, features 104 feet of waterfront, and Xakoustis plans to build a new residence on the expanded waterfront lot.View on map
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Address1384 South Venetian Way
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