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Sold for $25,000,000
  • $25,000,000

    16 Palm Ave, Miami Beach, FL 33139

    6beds
    9,209sqft
    Single Family Residence
    Built in 1930
    0.81 Acres Lot
    $24,849,200 Zestimate®
    $2,715/sqft
    $111,419 Estimated rent

    Home value

    $24,849,200

    $21.87M - $28.33M

    $111,419/mo

    Zestimate® history
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    What's special

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    Zillow last checked:

    Listing updated:

    Listed by:

    Dina Goldentayer 786-277-7539,

    Douglas Elliman

    Bought with:

    Maria Cardenal, 3242649

    Mariana Martinez Real Estate Broker

    Source: MIAMI,MLS#: A11957898MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room, Media Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
    Features
    • Kitchen Island, Separate Guest/In-Law Quarters
    • Flooring: Ceramic Tile, Wood
    • Windows: High Impact Windows
    Interior area
    • Total structure area: 10,958
    • Total interior livable area: 9,209 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 220
    Lot
    • Size: 0.81 Acres
    • Features: 3/4 To Less Than 1 Acre Lot
    Details
    • Parcel number: 0242050010240
    • Zoning: 2200

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Barrel Roof
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: HOA
    • Subdivision: Palm Island
    HOA
    • Has HOA: Yes
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $2,715/sqft
    • Tax assessed value: $22,835,107
    • Annual tax amount: $320,750
    • Date on market: 2/3/2026
    • Listing terms: All Cash

    Price history

    DateEventPrice
    8/10/2026Listing removed$65,000$7/sqft
    Source: MIAMI #A12046302 Report a problem
    6/5/2026Sold$25,000,000-9.1%$2,715/sqft
    Source: MIAMI #A11957898 Report a problem
    4/17/2026Pending sale$27,500,000$2,986/sqft
    Source: MIAMI #A11957898 Report a problem
    3/17/2026Listed for rent$65,000-7.1%$7/sqft
    Source: MIAMI #A11984294 Report a problem
    2/20/2026Price change$27,500,000-6.8%$2,986/sqft
    Source: MIAMI #A11957898 Report a problem
    2/3/2026Listed for sale$29,500,000+29.1%$3,203/sqft
    Source: MIAMI #A11957898 Report a problem
    1/16/2026Listing removed$70,000$8/sqft
    Source: Douglas Elliman Report a problem
    1/10/2026Listed for rent$70,000$8/sqft
    Source: Douglas Elliman Report a problem
    1/10/2026Listing removed$70,000$8/sqft
    Source: MIAMI #A11918991 Report a problem
    12/16/2025Price change$70,000-11.9%$8/sqft
    Source: MIAMI #A11918991 Report a problem
    11/24/2025Listed for rent$79,500-41.1%$9/sqft
    Source: MIAMI #A11918991 Report a problem
    11/21/2025Sold$22,850,000-8.2%$2,481/sqft
    Source: MIAMI #A11706868 Report a problem
    10/16/2025Pending sale$24,900,000$2,704/sqft
    Source: MIAMI #A11706868 Report a problem
    9/16/2025Price change$24,900,000-10.8%$2,704/sqft
    Source: MIAMI #A11706868 Report a problem
    12/11/2024Listed for sale$27,900,000-5.4%$3,030/sqft
    Source: MIAMI #A11706868 Report a problem
    11/14/2023Listing removed$29,500,000$3,203/sqft
    Source: MIAMI #A11041315 Report a problem
    7/26/2023Listing removed--
    Source: MIAMI #A11041315 Report a problem
    4/1/2023Listing removed--
    Source: MIAMI #A11182998 Report a problem
    11/16/2022Listing removed$29,500,000$3,203/sqft
    Source: MIAMI #A11041315 Report a problem
    3/31/2022Listed for rent$135,000-10%$15/sqft
    Source: Zillow Rental Network_1 #A11182998 Report a problem
    5/17/2021Listed for sale$29,500,000+3.5%$3,203/sqft
    Source: MIAMI #A11041315 Report a problem
    10/31/2019Listing removed$28,500,000$3,095/sqft
    Source: Luxe Living Realty #A10042248 Report a problem
    12/18/2017Price change$28,500,000+42.5%$3,095/sqft
    Source: Luxe Living Realty #A10042248 Report a problem
    9/20/2017Price change$19,995,000-8.7%$2,171/sqft
    Source: Luxe Living Realty #A10042248 Report a problem
    11/17/2016Listed for sale$21,900,000+99.1%$2,378/sqft
    Source: Luxe Living Realty #A10042248 Report a problem
    3/2/2016Listing removed$150,000$16/sqft
    Source: Calibre International Realty #A1965264 Report a problem
    3/7/2008Sold$11,000,000$1,194/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$320,750 +13.6%$13,713,029 +10%
    2024$282,402 +20.1%$12,466,795 +10%
    2023$235,130 +12.2%$11,333,450 +10%
    2022$209,493 +14.3%$10,303,137 +10%
    2021$183,240 -0.4%$9,366,489 -0.2%
    2020$183,998 -0.2%$9,380,707 -0.2%
    2019$184,451 +2.9%$9,394,926 -0.2%
    2018$179,232 $9,409,146 +8.1%
    2017$179,232 +3.3%$8,706,773 +10%
    2016$173,426 +13.3%$7,915,249 +10%
    2015$153,011 +10.9%$7,195,681 +10%
    2014$137,998 +12%$6,541,529 +10%
    2013$123,252 +11.5%$5,946,845 +12.1%
    2009$110,561 +20.1%$5,307,306
    2006$92,056 --
    2005$92,056 --
    Find assessor info on the county website

    Neighborhood: Palm Island

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $24,849,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $24,849,200