215 Palm Ave, Miami Beach FL 33139 | Miami-Dade County | A11998519
- $6,500,000
- Single Family Residence
- 4
- 5.5
- 2
- 5241 Sq Ft
- $6,500,000
Description
An architectural statement on Palm Island’s exclusive guard-gated enclave, this fully reimagined contemporary residence delivers a rare combination of scale, privacy, and elevated resort-style living. Spanning more than 6,600 square feet across three levels, each accessible by private elevator, this home was meticulously redesigned to maximize light, volume, and seamless indoor-outdoor flow. Walls of floor-to-ceiling glass frame every principal living space, flooding the interiors with natural light while creating an effortless connection to lush tropical surroundings. Wide-plank hardwood floors and refined Italian finishes establish a sophisticated yet relaxed atmosphere throughout. Designed for both intimate living and grand-scale entertaining, the expansive living room, sunroom, dining area, and chef’s kitchen unfold as one stunning open-concept environment. Dual primary suites offer a private sanctuary experience, complete with custom Italkraft closets and spa-like baths finished with imported Italian materials. The crown jewel is a 2,700+ SF rooftop sky terrace, among the largest private rooftop retreats on Palm Island, delivering panoramic water views, glowing sunsets, and the iconic Miami skyline as an unforgettable backdrop. Moments from South Beach, world-class dining, and luxury shopping. A rare turnkey opportunity in one of South Florida’s most coveted neighborhoods.
Property Overview
This is a 4-bedroom, 5.5-bath home of about 5241 square feet at 215 Palm Ave, Miami Beach FL 33139 (Miami Beach 33139), listed at $6,500,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $56,184 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $130,000/yr (≈ $10,833/mo); with the homestead exemption on a primary residence, about $129,000/yr (≈ $10,750/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 215 Palm Ave is $6,500,000. Fixtures and built-in appliances generally convey with the home, including the heated in-ground private pool. The MLS record does not state if the home is furnished, so you must confirm which specific items convey.
Community and on-site amenities are separate from the property itself and are available for confirmation upon request. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 215 Palm Ave, Miami Beach FL 33139, situated within the coastal corridor of Miami Beach 33139. This location places the 4bd/5.5ba residence, listed at $6,500,000, in a central beachside position.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify specific location details.
What are the HOA / association fees, and what do they cover?
There is no mandatory HOA for this single-family home. The owner handles all utilities and upkeep independently. The property remains subject to city ordinances, which can be found at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $56,184 (2025). As an ESTIMATE ONLY, since Florida reassesses at sale, the tax at this price and a Miami-Dade rate near 2.0% is about $130,000/yr (≈ $10,833/mo) without homestead, or about $129,000/yr (≈ $10,750/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Is the home in a flood zone, and what does that mean?
Flood zones designate areas with different levels of risk for flooding. You can find official definitions at https://www.fema.gov/glossary/flood-zones and View the FEMA flood map for this address. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify the specific requirements for 215 Palm Ave.
Are pets allowed?
As a single-family home, this property has no condo or HOA board to dictate a pet policy. Pets are at the owner's discretion and must follow city and county ordinances or any existing lease. Documented service animals and ESAs carry separate federal protections.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify specific details.
How is the price set and is there room to negotiate?
The list price of $6,500,000 reflects current market conditions. Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026).
The specific valuation for 215 Palm Ave comes from a CMA. I will provide a Miami Beach-specific CMA before you set an offer. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 215 Palm Ave to ensure your budget aligns with the $6,500,000 list price. You should connect with a Florida-licensed mortgage originator to establish your buying power.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these requirements.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Palm Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: RIVIERA 1ST & 2ND ADDN AM
Details
Updated on August 13, 2026 at 6:45 pm-
Property ID A11998519
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Price $6,500,000
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Property Size 5241 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 5.5
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Garages 2
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Year Built 2004
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Marble, Other, Wood
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Bedroom Features Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
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Cooling Central Air
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Association Type None
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Building RIVIERA 1ST & 2ND ADDN AM
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Area Riviera 1st & 2nd Addn Am
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Annual Tax 56184
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Association No
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Elementary School South Pointe
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 5
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Subdivision RIVIERA 1ST & 2ND ADDN AM
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Restrictions Other Restrictions
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Parking Driveway, Other
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Heating Central
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Structure Type Pool Only, House
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Tax Year 2025
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Construction CBS Construction
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Building Area 8041
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Covered Spaces 2
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Middle School Nautilus
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View Other, Pool, Water
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Year Built Details Resale
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High School Miami Beach
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Deck
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New Construction No
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Garage Spaces 2
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Style Pool Only
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Lot Size (Sq Ft) 6000
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Membership Purchase Required No
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