An extraordinary double-lot canvas on coveted Palm Island, this rare assemblage spans 60,000 SF with 200 feet of prime water frontage. The offering includes 145 Palm Ave and adjoining 149 Palm Ave. Reimagine, renovate, or build your dream estate in one of Miami’s most prestigious enclaves just minutes from South Beach, Downtown, and the city’s best dining, shopping, and culture. An unparalleled setting for a world-class waterfront compound with room for resort-style amenities, generous motor courts, and expansive outdoor living. This is more than a property—it’s the chance to create a legacy residence.
Sold for $40,000,000
$40,000,000
145 Palm Ave, Miami Beach, FL 33139
5beds
11,639sqft
Single Family Residence
Built in 1986
1.38 Acres Lot
$39,988,800 Zestimate®
$3,437/sqft
$90,240 Estimated rent
Home value
$39,988,800
$35.19M - $45.59M
$90,240/mo
Zestimate® history
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$276,103/mo
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List your homeWhat's special
Generous motor courtsRoom for resort-style amenitiesExpansive outdoor livingDouble-lot canvas
Zillow last checked:
Listing updated:
Listed by:
Chad Carroll 305-400-9507,
Compass Florida, LLC,
Jesus Adrian 305-726-4405,
Compass Florida, LLC
Bought with:
Liz Hogan, 3045004
Compass Florida, LLC
Source: MIAMI,MLS#: A11866854
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
Features
- Other
- Flooring: Other
Interior area
- Total interior livable area: 11,639 sqft
Property
Parking
- Total spaces: 4
- Parking features: Circular Driveway, Covered, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Exterior features: Barbecue, Other, Tennis Court(s)
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Intracoastal View, Ocean
- Has water view: Yes
- Water view: Intracoastal View,Ocean
- Waterfront features: Ocean Access, Intracoastal Front, Ocean Front, WF/Pool/Ocean Access, Bay
- Frontage type: Bay/Harbor
- Frontage length: 200
Lot
- Size: 1.38 Acres
- Features: 1 To Less Than 2 Acre Lot
Details
- Parcel number: 0242050010020
- Zoning: 2200
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction, Other
- Roof: Other
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Other, Other Subdiv/Park Info
- Subdivision: Palm Island
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $3,437/sqft
- Tax assessed value: $21,163,883
- Annual tax amount: $90,395
- Date on market: 9/1/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $40,000,000-14.9%$3,437/sqft |
Source:  MIAMI #A11866854 Report a problem | ||
| 3/14/2026 | Pending sale | $47,000,000$4,038/sqft |
Source: MIAMI #A11866854 Report a problem | ||
| 1/20/2026 | Price change | $47,000,000-11.3%$4,038/sqft |
Source: MIAMI #A11866854 Report a problem | ||
| 10/6/2025 | Price change | $53,000,000-10.2%$4,554/sqft |
Source: MIAMI #A11866854 Report a problem | ||
| 9/1/2025 | Listed for sale | $59,000,000$5,069/sqft |
Source: MIAMI #A11866854 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $92,859 +2.7% | $4,832,257 +2.9% |
| 2024 | $90,395 +2.4% | $4,696,071 +3% |
| 2023 | $88,303 +3.5% | $4,559,293 +3% |
| 2022 | $85,320 +0.7% | $4,426,499 +2.8% |
| 2021 | $84,756 +1.1% | $4,306,726 +1.4% |
| 2020 | $83,827 +2.2% | $4,247,265 +2.3% |
| 2019 | $82,056 +5% | $4,151,775 +1.9% |
| 2018 | $78,144 | $4,074,363 +2.1% |
| 2017 | $78,144 +0.4% | $3,990,562 +2.1% |
| 2016 | $77,826 +0.3% | $3,908,484 +0.7% |
| 2015 | $77,631 -1.8% | $3,881,315 +0.8% |
| 2014 | $79,041 +2.6% | $3,850,511 +1.5% |
| 2013 | $77,044 +0% | $3,793,607 +1.7% |
| 2012 | $77,044 +1.9% | $3,730,194 +3% |
| 2011 | $75,605 -4.5% | $3,621,548 +1.5% |
| 2010 | $79,207 +10% | $3,568,028 +2.7% |
| 2009 | $72,024 +4.8% | $3,474,224 +3.9% |
| 2007 | $68,733 -11.9% | $3,344,665 |
| 2006 | $78,006 | -- |
| 2005 | $78,006 +6% | -- |
| 2003 | $73,607 +54.8% | -- |
| 2002 | $47,545 | -- |
Find assessor info on the county website
Neighborhood: Palm Island
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Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: South Pointe
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$39,988,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$39,988,800
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