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49 Palm Ave Miami Beach FL 33139 MLS #A11702121

49 Palm Ave
Miami Beach, FL, 33139
$38,500,000
8 Beds
8.5 Bathrooms
11,307 SqFt
0 Acres
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$38,500,000
49 Palm Ave
Miami Beach, FL, 33139
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Project 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

Property Details

Price:
$38,500,000
MLS #:
A11702121
Status:
Active
Beds:
8
Baths:
8.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM ISLAND
Neighborhood:
Palm Island
Listed Date:
Dec 2, 2024
Finished Sq Ft:
11,307
Total Sq Ft:
15,182
Year Built:
1926
WaterfrontPoolTennisCommunity GatedCommunity Club HousePalm IslandPalm IslandPalm IslandOk To LeasePets Allowed

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Free-Standing Freezer, Gas Water Heater, Ice Maker, Microwave, Gas Range, Wall Oven
Bathrooms
7 Full Bathrooms, 3 Half Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Marble, Wood
Heating
Central, Electric
Laundry Features
Utility Room/Laundry

Exterior

Architectural Style
Attached, Two Story
Community Features
Clubhouse, Tennis Court(s), Gated Community
Construction Materials
Concrete Block Construction
Exterior Features
Lighting, Open Balcony
Other Structures
Guest House
Parking Features
Circular Driveway, Covered, Guest
Roof
Barrel Roof
Security Features
Fire Alarm, Smoke Detector

Financial

Tax Year
2024
Taxes
$215,744

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Quick Information

Profitability of the Property

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