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16 Palm Ave Miami Beach FL 33139 MLS #A11706868

16 Palm Ave
Miami Beach, FL, 33139
$24,900,000
6 Beds
6.5 Bathrooms
9,209 SqFt
0 Acres
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$24,900,000
16 Palm Ave
Miami Beach, FL, 33139
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Project Description

This Mediterranean Revival estate seamlessly blends classic architecture with modern luxury. Fully renovated in 2009, the home sits on a sprawling 35,348 sq. ft. lot on prestigious Palm Island, offering 220’ of prime south-facing waterfront capable of accommodating yachts up to 205’. A spacious addition includes a luxurious primary suite, chef’s kitchen, and family wing. Exceptional amenities include a home theater, gym, steam rooms, bocce court, wine cellar, heated pool, spa, private beach, and a serene courtyard. A separate guest house, smart home technology, lighting controls, and solar panels complete this lush, gated haven. Surrounded by exotic landscaping, this estate embodies sophistication and privacy in the exclusive, police-guarded Palm Island community.

Property Details

Price:
$24,900,000
MLS #:
A11706868
Status:
Active
Beds:
6
Baths:
6.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM ISLAND
Neighborhood:
palmisland
Listed Date:
Dec 9, 2024
Finished Sq Ft:
9,209
Total Sq Ft:
10,958
Year Built:
1930
WaterfrontPoolTennisCommunity GatedPalm IslandPalmislandPalm IslandNo Restrictions

Schools

Interior

Appliances
Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
Bathrooms
6 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Marble, Wood
Heating
Central

Exterior

Architectural Style
Attached, Two Story, Mediterranean
Community Features
Additional Amenities, Tennis Court(s), Gated Community, Picnic Area
Construction Materials
Concrete Block Construction
Exterior Features
Fruit Trees
Other Structures
Guest House
Parking Features
Circular Driveway, Covered, Driveway, Guest
Roof
Concrete

Financial

HOA Frequency
Monthly
Tax Year
2023
Taxes
$282,402

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
16 Palm Ave
Miami Beach, FL