Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 4,434 sq ft
Active · SingleFamilyResidence
$30,000,000
250 W San Marino Dr, Miami Beach, FL 33139
- Beds
- 3
- Baths
- 3
- Living area
- 4,434 sq ft
- $ / sq ft
- $6,766/sq ft
- Year built
- 1952
- Lot size
- 21,000 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Back on the Market. -DOUBLE LOT- ON THE WATER WITH ONE OF THE MOST MOST EXCLUSIVE AND MOST SPECTACULAR CITY VIEWS ON VENETIAN ISLAND WITH 120FT OF WATER FRONTAGE WITH A LARGE LAP POOL. THIS EXCLUSIVE AND WELL MAINTAINED HOUSE FEATURES AN OPEN FLOOR PLAN, GOURMET KITCHEN DIRECTLY FACING TO THE WATER AND EXPANSIVE OUTDOOR LIVING SPACE WITH SUMMER KITCHEN AND CABANA BATH. EIGHT CAR GARAGE UNDER THE A/C (FOUR CAR LIFTS) WITH IT'S PRIME LOCATION,JUST MINUTES AWAY FROM SOUTH BEACH AND THE BEACHES, DOWNTOWN MIAMI AND THE DESIGN DISTRICT.YOU MAY ENJOY THIS HOUSE AS IS OR POSSIBLY TO BE BUILT A HUGE MANSION OR POSSIBLY TO BE DIVIDED INTO TWO LOTS TO BUILT TWO HOUSES.
Property location
Get Directions250 W San Marino Dr, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1952
- Lot size
- 21,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Miami-Dade
- MLS listing ID
- A12017611
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$125,782
- Cap rate
- 0.7%
- Net yield
- 0.7%
- Cash-on-cash return
- -18.0%
- Gross yield
- 3.6%
- Mortgage payment
- $142,215/mo
- Down payment
- $7,500,000
- Loan amount
- $22,500,000
- Annual NOI
- $197,195
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.