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House in Miami Beach, FL 33139Palm Island, 16 Palm Ave
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Own in Palm Island?
Closed
$22,850,000
$6M6
Beds61/2
Baths9,209
SqFt$2,481
$/SqFtSold - Nov 21, 2025
Ultra Luxury House
Built in 1930
2 Parking
Bay,Water View
Waterfront
Mediterranean, Two Story
Fruit Trees
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.
MLS Number: A11706868
On Site: 676 Days
Updated: 52 Days ago
Page Views: 0
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Features
Bedrooms
- Bedrooms: 6
Bathrooms
- Bathrooms: 6
- Half Bathrooms: 1
Exterior and Lot Features
- Exterior Features: FruitTrees, SecurityHighImpactDoors
- View: Bay,Water
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, KitchenIsland, UpperLevelPrimary, Bar, WalkInClosets
- Equipment / Appliances: SomeGasAppliances, Dryer, Dishwasher, GasRange, IceMaker, Microwave, Refrigerator, SelfCleaningOven, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Hardwood,Marble,Wood
- Year Built: 1930
- Year Built Description: Resale
- Style: Mediterranean, TwoStory
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 2
- Listing Date: 2024-12-11T12:24:13.000-00:00
- Directions: Southeast
Taxes, Fees & More
- Taxes: 282402
- Security Information: GatedCommunity
- Parking Description: CircularDriveway, Covered, Driveway, Detached, Garage, Guest
Apples-to-Apples Comparables
Price History
Current
$22.9M
High
$27.9M
Low
$22.9M
Total Change
-18.1%Date
Event
Price
Change
Price Per
11/21/2025
Sold
$22.9M
0%$2,481 ft2
$26,708 m2
09/16/2025
Price Reduced
$22.9M
-8.23%$2,481 ft2
$26,708 m2
09/16/2025
Price Reduced
$24.9M
-10.75%$2,704 ft2
$29,105 m2
12/09/2024
Listed
$27.9M
$3,030 ft2
$32,611 m2
11/21/2025
$22.9M
Event
Sold
Change
0%Price Per
$2,481 ft2
$26,708 m2
09/16/2025
$22.9M
Event
Price Reduced
Change
-8.23%Price Per
$2,481 ft2
$26,708 m2
09/16/2025
$24.9M
Event
Price Reduced
Change
-10.75%Price Per
$2,704 ft2
$29,105 m2
12/09/2024
$27.9M
Event
Listed
Price Per
$3,030 ft2
$32,611 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Luis Bosch • Venetian International, LLC. • Buyer Agency Compensation .
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Community Snapshot
3 – 9 BR
Bedrooms
$4.3M – $60M
Price Tier
1,534 - 35,385
SqFt Range
1994
Year Build
2
Total Floors
173
Total Units
Subdivision Amenities
Guard
Playground
Security
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- Sixty 80 Design Hotel Condo4
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- Spear At Aqua Condo1
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- Sunshine Bay Condo5
- Surprise Lake House1
- Ten30 South Beach Condo1
- Terrace Towers Mixed5
- The Ambassadors Condo1
- The Carlyle Deco Hotel Condo1
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- The Courts At South Beach Condo4
- The Danton Condo0
- The Decoplage Condo38
- The Dorilton Condo1
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- The Floridian Condo14
- The Gramercy Condo0
- The Manhattan Condo1
- The Montclair Condo1
- The Netherland Condo4
- The Nolobi Condo1
- The Palm Residences South Beach Condo0
- The Presidential Condo10
- The Royal Club Condo3
- The Strand On Ocean Drive Condo16
- The Townhomes At Sunset Harbour Townhouse1
- The Vistas Condo2
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- Yuba Condo1
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