Palm Island, 16 Palm Ave

$27.9M18.1%
$22,850,000
6
Beds
61/2
Baths
9,209
SqFt
Status
Sold - Nov 21, 2025
Parking
2
Size
9,209 SqFt (856 m2)
Price
$2,481/SqFt ($26,708/m2)
Type
House
Built
1930
HOA
N/A
MLS Number
A11706868
View
Bay,Water
On Site
643 Days
Updated
18 Days ago
Page Views
0
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.

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

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    Price History

    Current
    $22.9M
    High
    $27.9M
    Low
    $22.9M
    Total Change
    -18.1%
    $28.5M$25.4M$22.2MDec 24Sep 25Sep 25Nov 25
    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 BoschVenetian International, LLC. • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    3

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    49

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    40

    100
    Sound Score®
    Bearable noise
    75

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    30

    100
    Local Score
    Limited local amenities nearby
    0

    100
    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

    Miami Beach
    Ultra Luxury
    Ultra Luxury Homes & Condos

    Palm Island Communities in Miami Beach, FL