The Venetian Islands, located in Miami Beach, stretch to Miami across a span of 7 bridges called the Venetian Causeway, the oldest of metropolitan Miami's causeways, as well as one of the most charming areas in Florida. The 6 Venetian Islands are surrounded by Biscayne Bay, and feature amazing views of the water and downtown Miami, not to mention some of the finest luxury homes in Miami Beach. 
One of those luxury homes has been on the market for sale since February, and is worth mentioning now, because it is a magnificent Mediterranean estate, which has finally been priced to sell. The spacious 5 bedrooms home, located at 1350 S. Venetian Way, Miami, boasts 7,991 square feet of living space, and has rooms that could be used as additional bedrooms if needed.
Listed in February of this year for a whopping $6,950,000, an incredibly high price, given today's market conditions, the owner dropped the price 2 times, and now has it advertised for $4,985,000, a reduction of almost $2 million. With a private dock, boat lift, and direct ocean access, set on an over sized lushly landscaped lot, measuring 12,250 square feet, with 70 linear feet of bay front, 5 upstairs bedrooms, and a new, drastically reduced asking price, the property is likely to be sold in the next few months.
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