49 Palm Ave, Miami Beach FL 33139 | Miami Beach | 33139 | FL | A11702121
- $38,500,000
49 Palm Ave, Miami Beach FL 33139 | Miami Beach | 33139 | FL | A11702121
- $38,500,000
Description
Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef’s kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators
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: PALM ISLAND
Details
Updated on August 2, 2025 at 11:31 pm-
Property ID A11702121
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Price $38,500,000
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Property Size 11307 Square Feet
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Bedrooms 8
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Bathrooms 8.5
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Garages 8
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Year Built 1926
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Type Single Family Residence
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Property Status Residential
Additional details
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ArchitecturalStyle Attached,Two Story
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AssociationFee 0
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BathroomsFull 7
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BathroomsHalf 3
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BuildingAreaTotal 15182
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BuildingAreaUnits Square Feet
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BuildingName PALM ISLAND
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CoListAgentDirectPhone 786-253-3949
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CoListAgentEmail rortiz@onesothebysrealty.com
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CoListAgentFullName Roland Ortiz
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CoListAgentKey a45ab3f948d8e263043c1beecbc3c79a
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CoListAgentMlsId 0697545
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CoListAgentOfficePhone 305-538-9711
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CoListAgentStateLicense 0697545
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CoListOfficeKey 138aefdc6447f8d413f3867e4e6322d8
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CoListOfficeMlsId OSIR03
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CoListOfficeName One Sotheby's International Re
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CoListOfficePhone 305-538-9711
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CommunityFeatures Clubhouse,Tennis Court(s),Gated Community
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2024-12-02
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Cooling Ceiling Fan(s),Central Air,Electric
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CoveredSpaces 8
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DaysOnMarket 207
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DirectionFaces South
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DoorFeatures High Impact Doors,French Doors
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Electric Circuit Breakers
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EntryLocation Foyer
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FireplaceFeatures Fireplace
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Flooring Marble,Wood
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FrontageLength 100
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FrontageType Bay
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Furnished Partially
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Heating Central,Electric
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Inclusions Boatlift,Private Dock,Unrestricted Salt Water Access
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LaundryFeatures Utility Room/Laundry
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-286-4344
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ListAgentEmail EMartinez@ONESothebysRealty.com
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ListAgentFullName Jorge Martinez
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ListAgentKey 15e7f5a3511740db271098da534f0cf5
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ListAgentMlsId 0678035
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ListAgentOfficePhone 305-538-9711
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ListAgentStateLicense 0678035
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ListOfficeFax 305-538-9712
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ListOfficeKey 138aefdc6447f8d413f3867e4e6322d8
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ListOfficeMlsId OSIR03
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ListOfficeName One Sotheby's International Re
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ListOfficePhone 305-538-9711
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2024-12-02
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ListingKey cd6e3e7ae310d984f494eca2386653ae
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ListingTerms All Cash,Conventional
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LotFeatures 1/2 To Less Than 3/4 Acre Lot
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LotSizeSquareFeet 30000
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MLSAreaMajor Palm Island
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MajorChangeTimestamp December 3, 2024 at 01:53am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp June 28, 2025 at 03:09am
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OnMarketDate 2024-12-02
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OriginalEntryTimestamp December 3, 2024 at 01:53am
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OriginalListPrice 38500000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherEquipment Automatic Garage Door Opener,Elevator
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OtherExpense 0
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OtherStructures Guest House
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ParcelNumber 02-42-05-001-0140
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ParkingFeatures Circular Driveway,Covered,Guest
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PatioAndPorchFeatures Awning(s),Deck,Open Balcony
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PetsAllowed Yes
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PhotosChangeTimestamp June 28, 2025 at 03:11am
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PhotosCount 99
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PoolFeatures In Ground,Equipment Stays,Pool/Spa Combo
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Possession Funding
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PostalCodePlus4 5137
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PriceChangeTimestamp December 2, 2024 at 04:52pm
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PropertyCondition Substantially Remodeled
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PublicSurveyRange 42
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PublicSurveySection 5
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PublicSurveyTownship 42
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Roof Barrel Roof
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RoomsTotal 0
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SecurityFeatures Fire Alarm,Smoke Detector
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice,Call Listing Agent
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SourceSystemKey 404016586
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StateOrProvince FL
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StatusChangeTimestamp December 3, 2024 at 01:53am
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StreetName Palm Ave
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StreetNumber 49
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StreetNumberNumeric 49
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StructureType House
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SyndicationRemarks Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators
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TaxAnnualAmount 215744
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TaxLegalDescription PALM ISLAND PB 6-54 LOT 14 & 20FT STRIP IN BAY BLK 1 LOT SIZE 100.000 X 300 OR 11020-577 0580 6 COC 22886-2344 12 2004 1
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TaxYear 2024
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View Bay,Water
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WaterSource Municipal Water
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WaterfrontFeatures Ocean Access,Navigable Water,Seawall
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WindowFeatures Clear Impact Glass,Complete Impact Glass,Arched Windows,Blinds,High Impact Windows
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YearBuiltDetails Resale
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Zoning 2200
Features
- Closet Cabinetry
- Den/Library/Office
- Dishwasher
- Disposal
- Dryer
- Elevator
- Entrance Foyer
- Florida Room
- Free-Standing Freezer
- French Doors
- Gas Range
- Gas Water Heater
- Has a View
- Has Cooling System
- Has Fireplace
- Has Garage
- Has Heating System
- Has Waterfront
- Ice Maker
- Lighting
- Maid/In-Law Quarters
- Media Room
- Microwave
- Open Balcony
- Open Parking
- Pantry
- Sauna
- Separate Guest/In-Law Quarters
- Spa
- Split Bedroom
- Utility Room/Laundry
- Volume Ceilings
- Walk-In Closet(s)
- Wall Oven
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees