$38 Million Modern Waterfront Sanctuary in Miami Beach Boasts Rooftop, Dock, and Skyline Views
A Landmark Modern Retreat in Miami Beach’s Venetian Islands
On the sun-soaked southern edge of San Marino Island, nestled within Miami Beach’s iconic Venetian Islands, lies one of the city’s most exceptional modern waterfront homes. Priced at $38 million, the property at 126 W San Marino Dr exemplifies the best of Miami Beach real estate, offering panoramic bay views, ultra-private living, and a level of craftsmanship rarely found even in Florida’s luxury market.
Listing agent Dora Puig of Luxe Living Realty told Luxury Houses Magazine, “126 W San Marino Dr is more than just an address – it’s a fully realized lifestyle. The combination of architecture, location, and amenities make this home a generational asset.”
Built in 2018 and measuring 7,890 square feet, the home sits on a rare oversized 15,750-square-foot lot with 90 feet of bay frontage. The five-bedroom, seven-bathroom residence features a fluid open-plan layout, telescopic glass walls, and custom finishes that reflect the coastal modern aesthetic. From the rooftop terrace to the private dock equipped for multiple vessels, this home is designed for both grand entertaining and tranquil escape.
Architectural Elegance With Natural Flow
The home in Miami Beach for sale’s exterior architecture plays with form and function to create a powerful visual statement. Crisp modern lines are softened by natural elements like blonde oak floors, keystone terraces, and bookmatched marble surfaces. Massive 10-foot Fleetwood sliding doors wrap the main level, dissolving boundaries between indoor and outdoor spaces. The resulting atmosphere is open yet intimate, airy yet grounded.
Inside, a custom chef’s kitchen anchors the main floor with Miele appliances, a gas range, an oversized island, and sleek cabinetry. Adjacent to this central hub is a catering kitchen with pantry access, which flows into a breakfast nook and wine bar – ideal for hosting formal dinners or weekend brunches. The great room, family room, and formal dining space are subtly delineated by materials and light, providing a sense of unity without sacrificing intimacy.
Upstairs, the primary suite acts as a private retreat with dual walk-in closets and a stunning marble bathroom that includes a deep soaking tub. Positioned to face the bay, the suite allows residents to enjoy sunset views directly from bed. “This Miami Beach home for sale was designed to invite the water and skyline into every room,” Puig shared in another message to Luxury Houses. “We knew that once someone saw the sunset from the owner’s suite, they would never want to leave.”
SEE MORE: Where Smart Living Meets the Sea: A $15 Million Oasis of Technology and Tranquility in Sarasota
Private Dockage, Rooftop Views, and Resort-Grade Outdoor Living
Outdoors, the estate continues to impress. A negative-edge pool seemingly spills into the Biscayne Bay, lined with keystone and surrounded by lush foliage. The adjacent summer kitchen and cabana bath elevate the experience, transforming the rear terrace into a year-round retreat. The rooftop terrace, accessible via floating staircase, delivers sweeping 360-degree views of Miami Beach, downtown, and the glistening bay – a perfect spot for twilight cocktails or early morning meditation.
“This is a home that lives like a boutique hotel,” Puig explained. “Between the pool, rooftop, and dock, there’s no need to leave unless you want to. And even then, you’re five minutes from the best restaurants in Miami.”
For boating enthusiasts, the multi-vessel Ipe dock comes equipped with a lift and dedicated jet ski platforms, offering instant ocean access. The 90 feet of waterfrontage and seawall reinforce both privacy and practicality for luxury marine living.
SEE MORE: A Serene $7 Million Deepwater Estate in Pompano Beach With Bespoke Interiors, and Private Dock
A Proven Luxury Asset With Rich Transactional History
The property’s journey through the Miami Beach Real Estate market highlights its long-standing value and exclusivity. 126 W San Marino Dr was first sold in 2011 for just $3.4 million, a figure that underscores the dramatic rise in desirability of the Venetian Islands. In 2018, after a complete architectural transformation, it was sold again for $17.288 million – marking one of the standout luxury sales of the year.
The Miami Beach real estate then entered the ultra-luxury rental market, commanding rates of up to $95,000 per month. By May 2023, it was listed at $41.1 million, later adjusted to $39 million in 2024, and ultimately relisted at $38 million in July 2025. The consistent interest from elite buyers confirms the property’s standing as a rare and enduring asset.
According to Luxury Houses Magazine, the current owner is a well-known entrepreneur in the tech sector who values discretion and design. Attempts to contact the owner for comment were declined, but sources close to the seller confirmed that every detail of the home was “curated to be both functional and timeless.”
SEE MORE: $39.8 Million Georgian Masterpiece on Everglades Island Offers Rare Palm Beach Waterfront Luxury
Community, Connectivity, and the Lifestyle Advantage
San Marino Island is a jewel within the Venetian Islands, celebrated for its tranquility, privacy, and position between Miami’s mainland and South Beach. Though centrally located, the island is shielded from the bustle of tourism and traffic. Residents enjoy access to the best of both worlds: the art and culture of the Design District, the nightlife of South Beach, and the culinary excellence of Sunset Harbour – all just minutes away.
Beyond aesthetics and location, the property benefits from Miami’s world-class infrastructure. Top-tier schools, wellness studios, and international airports are all within a short drive. There is no homeowners association on the island, allowing greater architectural freedom and long-term control of property aesthetics.
“Everyone talks about views and design,” Puig said in her final remarks to Luxury Houses. “But what truly defines 126 W San Marino Dr is the lifestyle. From your dock to dinner at Carbone, or from your rooftop to the airport in 15 minutes – it’s unmatched.”
A Rare Miami Beach Home for Sale That Transcends Market Cycles
More than just an exquisite structure, 126 W San Marino Dr offers a legacy opportunity in the most dynamic city in Florida. Whether used as a primary residence, a seasonal retreat, or a long-term investment, this property exceeds the benchmarks for architecture, lifestyle, and value.
With its perfect convergence of water, light, and design, it stands as one of the most compelling listings currently available among Miami Beach home for sale.
For more details, view Zillow listing.
For inquiries or to schedule a private showing, please contact:
Dora Puig
305-873-4919
Luxe Living Realty
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
More Homes in Florida here:
- $38 Million Modern Waterfront Sanctuary in Miami Beach Boasts Rooftop, Dock, and Skyline Views
- Where Smart Living Meets the Sea: A $15 Million Oasis of Technology and Tranquility in Sarasota
- A Serene $7 Million Deepwater Estate in Pompano Beach With Bespoke Interiors, and Private Dock
- $39.8 Million Georgian Masterpiece on Everglades Island Offers Rare Palm Beach Waterfront Luxury
