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16 Palm Ave Miami Beach, FL $ 27,500,000
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$ 27,500,000 Get more info
16 Palm Ave
$ 27,500,000
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16 Palm Ave

Miami Beach, FL, 33139
$ 27,500,000
Bedrooms6 Baths6.1 Sq 9,209

Monthly Estimate*

$ 169,322

16 Palm Ave, Miami Beach, FL 33139 - Image 1
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16 Palm Ave, Miami Beach, FL 33139 - Image 10
16 Palm Ave, Miami Beach, FL 33139 - Image 11
16 Palm Ave, Miami Beach, FL 33139 - Image 12
16 Palm Ave, Miami Beach, FL 33139 - Image 13
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Single Family Home for sale in Miami Beach, FL

for $27,500,000 with 6 bedrooms and 6 full baths, 1 half bath. This 9,209 square foot home was built in 1930.

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.

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Single Family Active

Price

$ 27,500,000

Bedrooms

6

Full Bath

6

Half Bath

1

Property Type

Single Family

Taxes

$ 320,750

Style

Year Built

1930

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11957898
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession ClosingFunding
Roof Barrel
Appliances Dryer Dishwasher Electric Range Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Balcony Open
Architectural Style Detached Two Story
Pool Features In Ground Pool
Restrictions Other Restrictions
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1930
View Bay
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Bayfront
Community Features Home Owners Association
County Miami-Dade
Property Type Residential
Subdivision Name PALM ISLAND
Facing Direction Northwest
Garage Y/N true
Total Rooms 0
Full Baths 6
Status Active
City Miami Beach
Disclosures Flood Plain Disclosure
Senior Community Y/N false
Zoning Description 2200
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 35348
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 320750
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11957898
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
Legal Description PALM ISLAND PB 6-54 LOTS 26 & 27 BLK 1 LOT SIZE 35348 SQ FT OR 15651-0683 0992 1 COC 26255-2008 03 2008 1
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Interior
Interior Amenities Eat-in Kitchen First Floor Entry Kitchen Island Sitting Area in Primary Upper Level Primary
Flooring Ceramic Tile Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 1
Total Bedrooms 6
Total Baths 7
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Exterior
Exterior Amenities Balcony
Parking Features Driveway
Lot Features Item1Acre
Water Source Public
Lot Size Area 35348
Building Area Total 10958
Frontage Length 220
Waterfront Y/N true
Covered Spaces 2
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* Excluded Features
List By
Douglas Elliman

Broker

dina.goldentayer@elliman.com

Email

Affordability Calculator

$196,051
Per Month
86%
14%
0%
Monthly Principal & Interest
$169,322
Monthly Property Taxes
$26,729
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/20/2026$27,500,000 -6.78% Price Down
2/3/2026$29,500,000 Listed Price

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16 Palm Ave, Miami Beach, FL, 33139 is a Single Family Home for sale at $27,500,000 with 9,209 sqft. 16 Palm Ave has 6 bedrooms, 6.1 baths, and was built in 1930. The property's zip code is 33139 which is in Miami Beach, FL

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