126 W San Marino Dr

San Marino Island, Miami, FL · 36 days on market · View on Zillow

126 W San Marino Dr

$36M somewhere else buys…

5 bedrooms · 7 baths · 7,890 sqft · 15,750 sqft lot

Built 2018 · 2 Garage spaces · Pool · $4562/sqft (city median $425)

Trophy tropical modern estate by acclaimed firm Choeff Levy Fischman Architecture + Design. Occupying one of the Venetian Islands' most coveted settings on the prized southwest side of San Marino Island, this approximately 8,000 SF residence sits on a generous 15,750 SF bayfront parcel with 90 feet of waterfrontage and clear views of Biscayne Bay and the Downtown Miami skyline.

What this place offers

  • Private pool
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • 2 Garage spaces
  • Garage
  • Top school rating 10/10 nearby

The numbers

$662K/yr

Property tax (actual rate)

$130K/yr

Insurance (quoted)

Price history

2023$41,100,888
2024$39,000,000
2025$38,000,000
2026 (asking)$35,995,000

Down 12% since 2023

$35,995,000

Down payment20% · $7,199,000
%
Mortgage (principal + interest)$180,121
Property tax$55,192
Home insurance$10,799
All-in monthly$246,112/mo

You'd need about $10,547,636/yr in household income (28% rule) plus $7,199,000 in cash.

Would rent for ~$179,975/mo · 6.0% gross yield

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