VENETIAN MAY 2018 EDITION
Prepared Specially for
Jonathan and Angela-Marie Williams
Presented By Avisha Kassir, the Venetian Queen YOUR VENETIAN ISLANDS NEIGHBOR & LUXURY REAL ESTATE SPECIALIST
www.VenetianOnTheBeach.com
Avisha Kassir It was a pleasure to work with Avisha and her team. She was very helpful, patient (with me), and savvy (in the contracting and closing processes). She was an expert negotiator, and she taught me a lot about investing in real estate. She is a beautiful person." — 5-Star Review
Broker Associate Board Member of VIHA
305.351.3095 Avisha@VenetianOnTheBeach.com www.VenetianOnTheBeach.com
Two Sisters Dedicated to All of Your Real Estate Needs
YOUR LOCAL BROKER, WITH INTERNATIONAL REACH. S ILV ER AWA R D WI N NER | 6 T H AN N UAL B E T T E R B E AC H AWAR DS
MO ST INNOVAT IV E M ETH O D O F M A R K ETI N G PUT MY AWARD-WINNING INT E RNAT IONAL MARKE T ING ST RAT E GY TO WORK F OR YO U ! Wh e n y o u list wit h m e y o u r h o me i s : • M A R K ET ED TO QUA LIFIED B U Y E R S ON A LOCA L, STAT E, NAT IONA L, AN D INT ER NAT IONA L LEV EL J e r r y L i bbi n ( Chamber Pres i dent ) , Avi s ha Kas sir, an d Wayne Pat hman ( Chamber Chai rman)
Avis ha ha s proven to successf ully break d o w n b a r r ier s t o ho w w e think of m arketing in th e Re a l Es t a t e field . S he has taken a new, innov a ti v e, a nd s uc c es s fu l approach to m arketing a n d i s lea d ing t he field by her exam ple.
• SEEN BY M OR E T H A N 6 0 0,0 0 0 INT ER NAT IONA L AGENTS A ND INV ESTOR S WOR LDWID E • T R A NSLAT ED INTO 22 LA NGUAG E S
Jonathan and Angela-Marie, Realizing the amount of time, effort, and money you have spent in obtaining and maintaining your home, I ensure only the finest, award-winning marketing in order to reflect those efforts. When you are ready to list your home, let my proven local expertise and international marketing strategies maximize the sale value of your home. Call me today at 305.351.3095.
VENETIAN MARKET REPORT
Jonathan and Angela-Marie, When it comes to selling your home, there is no one-size-fits-all. Whether you’re in the first stages of discovery or you’re ready to put your home on the market today, give me a call today at 305.351.3095 and visit:
www.VenetianOnTheBeach.com Venetian Islands Waterfront Properties
Venetian Islands Dry Properties
31
Homes Currently Active:
$9,861,129
Average Active List Price:
4
Homes Currently Pending:
$11,631,667
Pending List Price:
$2,182,733
Average Active List Price:
3
Homes Currently Pending:
15
Homes Currently Active:
$2,251,250
Pending List Price:
Venetian Islands Homes Sold Recently Beds
Baths
Waterfront Property Y/N
Estimated Square Feet*
List Price
Sold Price
Sold Date
Days On Market
424 San Marino Drive
3
2
N
2,300
$1,950,000
$1,700,000
04/20/18
16
Sold
244 San Marino Drive
4
3
Y
3,200
$5,450,000
$4,950,000
04/02/18
763
Sold
425 Dilido Drive
4
4
N
3,400
$2,675,000
$2,575,000
03/29/18
408
Sold
1041 Venetian Drive
6
6
Y
6,000
$4,750,000
$4,200,000
03/26/18
255
Sold
705 Dilido Drive
4
4
N
3,600
$4,500,000
$4,250,000
03/14/18
0
Sold
8 Rivo Alto Drive
5
7
Y
7,000
$19,995,000
$17,000,000
03/14/18
215
Sold
310 Rivo Alto Drive
3
3
N
2,500
$1,999,000
$1,800,000
03/08/18
143
Sold
314 San Marino Drive
8
8
Y
6,700
$8,950,000
$8,200,000
02/28/18
279
Sold
1110 N Venetian Drive
2
2
N
1,700
$1,199,000
$965,350
02/08/18
446
Sold
426 San Marino Drive
4
4
Y
2,900
$6,900,000
$6,275,000
01/17/18
372
Sold
1090 Venetian Drive
5
3
N
2,900
$1,200,000
$950,000
01/11/18
15
Status
Address
Sold
Avisha Kassir and Sorelle Realty are not in any way affiliated with the Venetian Islands Home Owners Association, nor is this in any way an official advertisement or publication of Venetian Islands. © 2018 Sorelle Realty All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to Miami MLS as of April 24th, 2018. Listings and sales may not be those of Sorelle Realty. Miami MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet rounded down to nearest hundredth.
VENETIAN Average Sold Price Waterfront Property Average Sold Price Dry Property
| CURRENT MARKET STATISTICS $8,125,000 $2,040,058
Water
Dry
Water
Dry
Water
Dry
5
6
89%
88%
377
171
Total Homes Sold
Avg. SP/LP Ratio
Reflects data from the Miami MLS from January 1st to April 24th, 2018. Deemed accurate but not guaranteed.
Avg. Days on Market
Avisha Kassir
1680 Meridian Avenue Miami Beach, FL 33139
Queen VENETIAN
Broker Associate Board Member of VIHA
305.351.3095 Avisha@VenetianOnTheBeach.com www.VenetianOnTheBeach.com
Your Local Broker with International Reach
Keller Williams Each Office Independently Owned and Operated
Visit www.VenetianOnTheBeach.com for community info and more.
SOLD DRY PROPERTY
REAL ESTATE REVIEW
SOLD WATERFRONT PROPERTY
VENETIAN ISLANDS
31
CURRENTLY ACTIVE WATERFRONT PROPERTY
15
CURRENTLY ACTIVE DRY PROPERTY
Total Sales
Median Sold Price
Average Price Per Sq. Ft.
Average Days on Market
Average SP/LP
2017
7
$6,250,000
$1,375
300
85.9%
2018
4
$7,237,500
$1,630
280
89.0%
Change
-42.9%
+15.8%
+18.5%
-6.7%
+3.1%
Total Sales
Median Sold Price
Average Price Per Sq. Ft.
Average Days on Market
Average SP/LP
2017
1
$1,470,000
$463
195
89.1%
2018
5
$1,800,000
$712
202
88.1%
Change
+400%
+22.4%
+53.8%
+3.6%
-1.0%
Jonathan and Angela-Marie, This statistical analysis represents the average comparisons of first quarter 2018 over 2017 for The Venetian Islands. For an in-depth analysis of your home’s value, call me today at 305.351.3095 for a complimentary evaluation. Data based on listings from Miami MLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018
1 ST QUARTER