49 Palm Avenue

Miami Beach, FL 33139

$38,500,000
Price
8
Beds
7
Baths
3
1/2 Baths
11,307 Sq. Ft.
$3,405 / Sq. Ft.
11,307
Sq. Ft.
$3,405
per Sq. Ft.

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,...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
  1. Listed by Jorge Martinez • One Sotheby's International Re
  2. Listed by Roland Ortiz • One Sotheby's International Re

Property Details for 49 Palm Avenue

Subdivision
PALM ISLAND
Style
WF/Pool/Ocean Access
Waterfront
Yes
Waterfront Description
Bay Front, Navigable, Ocean Access, Seawall
View
Bay, Water View
Furnished
Partially Furnished
Area
42
Auction
No
LISTING UPDATED: 12/22/2024 11:16 PM

Property Details for 49 Palm Avenue

StatusActive
MLS #A11702121
Days on Market27
Taxes$215,744 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1926
Lot Size0.69 AC / 30,000 SF
CountyMiami-Dade County

Building Information for 49 Palm Avenue

Stories2Year Built1926Building Size-Lot Size0.69 AC / 30,000 SF

Property Information for 49 Palm Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-42-05-001-0140
  • Parcel Number MLX: 0140
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 5
  • Subdivision Number: 1
  • Subdivision Complex Bldg: PALM ISLAND
  • Zoning Information: 2200
General Information
Parking
  • Num Garage Spaces: 8
  • Garage Description: Detached
  • Parking Description: Circular Drive, Covered Parking, Guest Parking
General Information
  • Front Exposure: South
  • Housing Older Persons Act: Unverified
  • Property Sq Ft: 30000
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Waterfront Frontage: 100
  • Water Access: Boatlift, Private Dock, Unrestricted Salt Water Access
  • Spa: Yes
  • Pool: Yes
  • Pool Description: Below Ground Pool, Equipment Stays, Whirlpool In Pool
  • Pool Dimensions: 38x17
  • Design: Attached
  • Design Description: Two Story, Substantially Remodeled
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof
  • Flooring: Marble Floors, Wood Floors
  • Floor Description: Marble Floors, Wood Floors
Room Information
Room Information
  • Rooms Description: Den/Library/Office, Florida Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room, Sauna, Utility Room/Laundry
  • Bedroom Description: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Master Bathroom Description: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
  • Master Bath Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
  • Dining Description: Eat-In Kitchen, Formal Dining, Kitchen Dining
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Ceiling Fans, Central Cooling, Electric Cooling
  • Sprinkler Description: Auto Sprinkler
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: Yes
  • Guest House Description: 2 Baths, 2 Bedrooms, Kitchen, Living Room
  • Room Count: 0
  • Furnished: Partially Furnished
  • Interior Features: Closet Cabinetry, Elevator, Fireplace, Foyer Entry, French Doors, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closets
  • Equipment Appliances: Automatic Garage Door Opener, Circuit Breaker, Dishwasher, Disposal, Dryer, Elevator, Fire Alarm, Separate Freezer Included, Gas Water Heater, Icemaker, Microwave, Gas Range, Smoke Detector, Wall Oven
  • Windows Treatment: Arched Windows, Blinds/Shades, High Impact Windows
  • Exterior Features: Awnings, Deck, Exterior Lighting, High Impact Doors, Open Balcony
  • Subdivision Information: Clubhouse, Community Tennis Courts, Gated Community
  • Storm Protection: Clear Impact Glass, Complete Impact Glass
Financial Information
Financial Information
  • Total Mortgage: $1,200,000
  • Type of Association: None
  • Membership Purchase Fee: $0
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Special Assessment: No

Property History for 49 Palm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 49 Palm Avenue

Taxable ValueLand$10,500,000Additions$95,999Total$10,595,999
Tax Record2023$176,848 ($14,737 / month)
Home Facts
Beds6Total Finished SqFt5,681 SqFtAbove Grade Finished SqFt5,681 SqFtStories2Lot Size30,000 SqFtStyleSingle Family ResidenceYear Built1926Zoning2200:ESTATES,CountyMIAMI-DADEAPN02-4205-001-0140

Schools near 49 Palm Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

49 Palm Avenue is a single family home for sale in Miami Beach, FL 33139. This property was listed for sale on December 2, 2024 by One Sotheby's International Re, it's currently listed at $38,500,000. It has been on the market for a total of 27 days and was last sold on December 8, 2004. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 49 Palm Avenue is a 8-bed, 8.5-bath, 11,307 sqft single family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of One Sotheby's International Re

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.