House in Miami Beach, FL 33139Palm Island, 40 Palm Ave
Closed
$40,000,000
$9M8
Beds94/2
Baths14,930
SqFt$2,679
$/SqFtUltra Luxury HouseProperty Type
2023Year Built
$2,679/SqFtPrice per sq ft
4 carsParking Spaces
Bay, Intercoastal, Ocean, WaterView
YesWaterfront
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.New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
Listing Courtesy Of: Compass Florida, LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1084 DaysUpdated: 79 Days agoPage Views: 0
Features
MLS Number: A11476859
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
Apples-to-Apples Comparables
Price History
Current
$40M
High
$48.5M
Low
$38M
Total Change
-17.5%Date
Event
Price
Change
Price Per
10/27/2023
Sold
$40M
5.37%$2,679 ft2
$28,839 m2
05/08/2024
Price Reduced
$38M
-21.73%$2,543 ft2
$27,368 m2
10/27/2023
Listed
$48.5M
$3,248 ft2
$34,967 m2
10/27/2023
$40M
Event
Sold
Change
5.37%Price Per
$2,679 ft2
$28,839 m2
05/08/2024
$38M
Event
Price Reduced
Change
-21.73%Price Per
$2,543 ft2
$27,368 m2
10/27/2023
$48.5M
Event
Listed
Price Per
$3,248 ft2
$34,967 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Liz Hogan • Compass Florida, 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
1991
Year Build
2
Total Floors
173
Total Units
Subdivision Amenities
Guard
Playground
Security
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High-End
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- The Ambassadors Condo2
- The Carlyle Deco Hotel Condo1
- The Cosmopolitan Residences On South Beach Condo4
- The Courts At South Beach Condo6
- The Danton Condo0
- The Decoplage Condo38
- The Dorilton Condo1
- The Executive Condo4
- The Floridian Condo15
- The Gramercy Condo0
- The Madison Condo3
- The Montclair Condo0
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- The Nolobi Condo1
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- The Royal Club Condo4
- The Strand On Ocean Drive Condo14
- The Townhomes At Sunset Harbour Townhouse1
- The Vistas Condo1
- The Waverly At South Beach Condo18
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Palm Island Communities in Miami Beach, FL
Ultra Luxury
Ultra Luxury 1
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