16 Palm Ave Miami Beach, FL $ 27,500,000
16 Palm Ave
$ 27,500,000
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16 Palm Ave

Miami Beach, FL, 33139
$ 27,500,000
Baths0.0

Monthly Estimate*

$ 169,322

16 Palm Ave, Miami Beach, FL 33139 - Image 1
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Studio

Lots and Land for sale in Miami Beach, FL

for $27,500,000. The lot size is 0.811.

Step Inside With Me! This Palm Island mega property is ready for the future: a modern mansion! Spanning over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay, its premier Southeast exposure ensures breezes off the ocean, enviable sunlight and captivating Downtown skyline views. Inspirational plans depict up to a 17,5000 SF trophy residence with sports court that 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. This world-class site in guard-gated Palm Island 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: tennis, basketball courts and playground.

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Lots and Land Active

Price

$ 27,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 320,750

Style

Lot Size

0.811

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11970383

Features
General
Sewer Public Sewer
Utilities Natural Gas Available Sewer Available Water Available
Possession ClosingFunding
Development Status Site Plan Filed
Security Features Gated Community
View Bay
Property Subtype Residential
Tax Year 2025
Waterfront Features Bayfront
Community Features Gated Home Owners Association
County Miami-Dade
Property Type Land
Subdivision Name PALM ISLAND
Facing Direction North
Building Features Other
Status Active
City Miami Beach
Disclosures Flood Plain Disclosure
Zoning Description 2200
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 35348
Listing Terms Cash
Tax Annual Amount 320750
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11970383
Standard Status Active
Property Sub Type Additional Residential
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
Total Baths 0
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Exterior
Lot Features Item1Acre
Water Source Public
Lot Size Area 35348
Lot Size Acres 0.811
Road Surface Type Paved
Frontage Length 220
Waterfront Y/N true
Covered Spaces 0
Number of Lots 1
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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
Pricing History
DatePricePrice ChangeDescription
2/23/2026$27,500,000 Listed Price

Map


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16 Palm Ave, Miami Beach, FL, 33139 is a Lots and Land for sale at $27,500,000 with a lot size of 0.811. 16 Palm Ave is a studio with 0.0 baths. The property's zip code is 33139 which is in Miami Beach, FL