A modern waterfront mansion on Miami Beach’s Venetian Islands has traded hands again, this time for roughly $28 million. The sleek contemporary at 1417 N. Venetian Way closed this spring after a relatively short 2026 listing, adding yet another eyebrow-raising, high-dollar sale to the island chain’s luxury tally.
Deal Details
According to the South Florida Business Journal, the seller was software executive Sutcliffe. MLS and public-record data posted on Redfin show the transaction officially closed on April 3, 2026, at $27.5 million. The Business Journal rounded that figure to $28 million in its coverage, which is the number that will likely stick in cocktail-party chatter.
House at a Glance
The Max Strang-designed residence sits on a roughly 13,382-square-foot lot with about 104 feet of direct waterfront and an infinity-edge pool stretching toward the bay. Interior space is listed at roughly 7,500–8,700 square feet, with six bedrooms and multiple entertaining areas, per the MLS listing. Those full specs and room-by-room details are laid out on the listing pages, including on Compass.
Where the Gain Came From
The property last sold in April 2024 for $23.9 million, according to The Real Deal. That means the latest trade represents a multimillion-dollar jump in just two years. The pace of that appreciation neatly illustrates how hungry buyers still are for polished, move-in-ready waterfront homes on the Venetians.
Why Buyers Are Still Paying Up
Market data show the Venetian Islands remain among Miami Beach’s priciest pockets, with median listing and sale prices comfortably higher than the broader city, according to Realtor.com. Finished waterfront parcels with docks and ready-to-use amenities are in notably short supply on the islands, which helps explain why well-staged, architect-designed homes like this one keep drawing big checks.
The listing was handled by Dora Puig of Luxe Living Realty, according to MLS filings and broker pages. Public records and listing platforms now reflect the recorded sale and deed, giving anyone tracking Miami Beach’s luxury market one more eye-popping comp to work with.
