A spec home located at 802 West Dilido Drive on the Venetian Islands has sold for a record $15.55 million. The five-bedroom, 5,600-SF  home at sold for approximately $2,750 PSF after it hit the market in March 2019 for $16.85 million. 802 W Dilido LLC paid $4.1 million in 2016 for the 10,500 SF lot. The developer of the newly completed home lives nearby and has been recognized by Architectural Digest. Dina Goldentayer of Douglas Elliman represented the seller, and Elliman’s Miltiadis Kastanis brought the buyer.

The $15.55 million sale is the highest price paid for a house on the Venetian Islands since former Formula One driver and spec home developer Eddie Irvine sold the 7,300 SF spec home at 126 West San Marino Drive for more than $17 million in May 2018. A year earlier, WhatsApp investor Jim Goetz paid $22 million for the seven-bedroom, 11,600-square-foot home at 212 West Dilido Drive.

At 802 West Dilido Drive, Milan-based, Architectural Digest 2019 Designer of the Year Quincoces-Dragò & Partners created a timeless experience on the Venetian Islands, intersecting light and space in Miami’s natural landscape. The facade of board-formed concrete, louvers and coral stone is the epitome of organic modernism. Multiple courtyards and terraces create a tropical dimension where interiors transition seamlessly to the exterior. Programming includes a grand 1,200 SF master, upstairs lounge, cinema room, airy living areas, and balanced guest rooms & staff quarters. Outside, the resort yard offers covered seating and dining, Summer kitchen, new dock & lift, and a 40’ infinity pool to revel in Western views of sunsets and downtown nightscapes.