527 E Di Lido Drive is also located in Miami’s Venetian Islands. The waterfront property offers breathtaking views of Miami Beach. Much like 250 San Marino Drive, the property’s prime location is just minutes away from South Beach, Downtown Miami, and the Design District. We envision creating a home inspired by the beach houses of California’s Malibu coast. By purchasing the property for ~$9MM, investing ~$7.7MM in design, planning and construction costs, the property will have a market value of ~$25MM+, or $4,700 per square foot. With four recent sales of similar properties in the mid $20MM range recorded in the last 90 days, the Venetian Islands continues to be one of the hottest neighborhoods for trophy homes in Florida’s Miami Beach.
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