Palm Island, 49 Palm Ave

8
Beds
73/2
Baths
11,307
SqFt
$3,175
$/SqFt
Ultra Luxury House
Built in 1926
8 Parking
Bay,Water View
Waterfront
Two Story
Awnings
Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators
MLS Number: A11702121
On Site: 657 Days
Updated: 27 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 8
Bathrooms
  • Bathrooms: 7
  • Half Bathrooms: 3
Exterior and Lot Features
  • Exterior Features: Awnings, Balcony, Deck, SecurityHighImpactDoors, Lighting
  • View: Bay,Water
Interior, Heating and Cooling
  • Interior Features: Bidet, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, EntranceFoyer, EatInKitchen, FrenchDoorsAtriumDoors, Fireplace, HighCeilings, JettedTub, KitchenDiningCombo, Pantry, SittingAreaInPrimary, SplitBedrooms, SeparateShower, UpperLevelPrimary, WalkInClosets, Elevator
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, Freezer, Disposal, GasRange, GasWaterHeater, IceMaker, Microwave
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: Hardwood,Marble,Wood
  • Windows/Treatment: Arched, Blinds, ImpactGlass
  • Year Built: 1926
  • Year Built Description: Resale
  • Style: TwoStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 8
    • Listing Date: 2024-12-02T20:53:10.000-00:00
    • Directions: South
    • Pets Allowed: No,Yes
    Taxes, Fees & More
    • Taxes: 215744
    • Security Information: GatedCommunity, SmokeDetectors
    • Parking Description: CircularDriveway, Covered, Detached, Garage, Guest, GarageDoorOpener

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    Price History

    Current
    $35.9M
    High
    $38.5M
    Low
    $35.9M
    Total Change
    -6.8%
    $38.8M$37.2M$35.6MDec 24Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/01/2026
    Price Reduced
    $35.9M
    -6.75%
    $3,175 ft2
    $34,176 m2
    12/02/2024
    Listed
    $38.5M
     
    $3,405 ft2
    $36,651 m2
    04/01/2026
    $35.9M
    Event
    Price Reduced
    Change
    -6.75%
    Price Per
    $3,175 ft2
    $34,176 m2
    12/02/2024
    $38.5M
    Event
    Listed
    Price Per
    $3,405 ft2
    $36,651 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Jorge MartinezOne Sotheby's International Realty • Buyer Agency Compensation .

    Listing Location & Street View
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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