Closed

Palm Island, 40 Palm Ave, Miami Beach, FL 33139

48,500,000(-21.73% )
$37,960,000
8Beds
94/2Baths
9,820SqFt

Save

Details

Save

Status:
Sold - May 08, 2024
Parking: 4
Size: 9,820 SqFt (912 m2)
Price: $3,866/SqFt ($41,609/m2)
Type: Single Family Home
Built: 2023
MLS Number: A11476859
View: Bay, Intercoastal, Ocean, Water
On Site: 620 Days
Updated: 457 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2023
Discover this exquisite waterfront new construction masterpiece, designed by renowned tropical modern architect, cesar molina. The interior features are truly exceptional, with mia cucina cabinetry, wolf + subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. Wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful miami skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.
Features
Bedrooms
  • Bedrooms: 8
Bathrooms
  • Bathrooms: 9
  • Half Bathrooms: 4
Exterior and Lot Features
  • Exterior Features: Balcony, Deck, Fence, Lighting, OutdoorGrill, SecurityHighImpactDoors
  • View: Bay, Intercoastal, Ocean, Water
Interior, Heating and Cooling
  • Interior Features: WetBar, Bidet, BuiltinFeatures, BedroomonMainLevel, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, EatinKitchen, FirstFloorEntry, Fireplace, HighCeilings, KitchenIsland, KitchenDiningCombo, SeparateShower, Bar, WalkInClosets, Elevator
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, Disposal, GasRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other
  • Windows/Treatment: ImpactGlass
  • Year Built: 2023
  • Year Built Description: New Construction
  • Style: ContemporaryModern, Detached, TwoStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: South Pointe
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 4
  • Listing Date: 2023-11-27T09:27:16.000-00:00
  • Directions: Northeast
Taxes, Fees & More
  • Taxes: 164952
  • Security Information: GatedCommunity, SecurityGuard
  • Parking Description: Driveway, Detached, ElectricVehicleChargingStations, Garage

Price History

05/08/2024

Date

Sold

Event

$38M

Price

-21.73%

Change Rate

$3,866 ft2 / $41,609 m2

Price Per

10/27/2023

Date

Listed

Event

$48.5M

Price

$4,939 ft2 / $53,162 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Liz HoganCompass Florida, LLC • Buyer Agency Compensation .

Instant Comps

$1,000/ft²
$1,900/ft²
$3,000/ft²
$4,000/ft²

Unit 40 Palm Ave – Asking

$3,866/ft²

(+0%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$3,866/ft²
Community $/Price Range (Closed) $1140/ft² – $3808/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 6548/79,820$3,866NortheastBay, Intercoastal, Ocean, Water$37,960,0005/8/2024
Unit: # 654
Bed/Bath: 8/7Size SqFt: 9,820$/SqFt: $3,866Exposure: NortheastView: Bay, Intercoastal, Ocean, WaterSold: $37,960,000Closed Date: 5/8/2024
THINKING OF SELLING IN Palm Island at Miami Beach?

Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

Miami Beach
Ultra Luxury Homes & Condos

Palm Island Communities in Miami Beach, FL

Ultra Luxury 1
Logo

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.