Description

Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island’s rare amenities: playground, tennis and basketball courts.

Address

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Address: Palm Ave
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: PALM ISLAND

Details

Updated on February 5, 2026 at 11:02 pm

Property ID A11957898
Price $29,500,000
Property Size 9209 Square Feet
Bedrooms 6
Bathrooms 6.5
Garages 2
Year Built 1930
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, Two Story
BathroomsFull 6
BathroomsHalf 1
BuildingAreaTotal 10958
BuildingAreaUnits Square Feet
BuildingName PALM ISLAND
CommunityFeatures Voluntary Hoa
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-02-03
Cooling Central Air
CoveredSpaces 2
DaysOnMarket 2
DirectionFaces Northwest
ExpirationDate 2026-08-31
Flooring Ceramic Floor, Wood
FrontageLength 220
FrontageType Bay
Heating Central
Inclusions Boatlift, Private Dock
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-277-7539
ListingTerms All Cash
LotFeatures 3/4 To Less Than 1 Acre Lot
LotSizeSquareFeet 35348
MLSAreaMajor Palm Island
MajorChangeTimestamp February 3, 2026 at 09:24pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 5, 2026 at 07:52pm
OnMarketDate 2026-02-03
OriginalEntryTimestamp February 3, 2026 at 09:24pm
OriginalListPrice 29500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-42-05-001-0240
ParkingFeatures Driveway
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp February 5, 2026 at 07:57pm
PhotosCount 13
PoolFeatures In Ground
Possession Funding
PostalCodePlus4 5138
PriceChangeTimestamp February 3, 2026 at 03:28pm
PublicSurveyRange 42
PublicSurveySection 5
PublicSurveyTownship 42
Roof Barrel Roof
RoomsTotal 0
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 426278557
StateOrProvince FL
StatusChangeTimestamp February 3, 2026 at 09:24pm
StreetName Palm Ave
StreetNumber 16
StreetNumberNumeric 16
StructureType House
SyndicationRemarks Step Inside With Me! This Palm Island Estate spans over 35, 000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17, 500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island's rare amenities: playground, tennis and basketball courts.
TaxAnnualAmount 320750
TaxLegalDescription PALM ISLAND PB 6-54 LOTS 26 & 27 BLK 1 LOT SIZE 35348 SQ FT OR 15651-0683 0992 1 COC 26255-2008 03 2008 1
TaxYear 2025
View Bay
WaterSource Municipal Water
WaterfrontFeatures Ocean Access
WindowFeatures High Impact Windows
YearBuiltDetails Resale
Zoning 2200