16 Palm Ave, Miami Beach, FL 33139
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16 Palm Ave, Miami Beach, FL 33139
16 Palm Ave, Miami Beach, FL 33139
16 Palm Ave, Miami Beach, FL 33139
16 Palm Ave, Miami Beach, FL 33139
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Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 27,500,000
Est. payment /mo
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Price Dropped by $2.0M

16 Palm Ave Miami Beach, FL 33139

6 Beds

7 Baths

9,209 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 9,209 sqft

Price per Sqft $2,986

Subdivision Palm Island

MLS Listing ID A11957898

Style Detached,Two Story

Bedrooms 6

Full Baths 6

Half Baths 1

HOA Y/N No

Year Built 1930

Annual Tax Amount $320,750

Tax Year 2025

Lot Size 0.811 Acres

Property Sub-Type Single Family Residence

Property 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.

Location

State FL

County Miami-dade

Community Palm Island

Area 42

Interior

Interior Features Eat-in Kitchen, First Floor Entry, Kitchen Island, Sitting Area in Primary, Upper Level Primary

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Hardwood, Wood

Window Features Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Pool In Ground, Pool

Community Features Home Owners Association

Utilities Available Cable Available

Waterfront Description Bayfront

View Y/N Yes

View Bay

Roof Type Barrel

Porch Balcony, Open

Garage Yes

Private Pool Yes

Building

Lot Description Item1Acre

Faces Northwest

Story 2

Sewer Public Sewer

Water Public

Architectural Style Detached, Two Story

Level or Stories Two

Structure Type Block

Others

Pets Allowed Conditional, Yes

Senior Community No

Restrictions Other Restrictions

Tax ID 02-42-05-001-0240

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11957898

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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16 Palm Ave