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Off market
  • $2,543,000

    225 Palm Ave, Miami Beach, FL 33139

    3beds
    2,196sqft
    SingleFamily
    Built in 1936
    5,998 Square Feet Lot
    $2,543,000 Zestimate®
    $1,158/sqft
    $7,711 Estimated rent

    Home value

    $2,543,000

    $2.26M - $2.90M

    $7,711/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    One of the best and safest locations in all of South Florida on exclusive and gated Palm Island. Minutes away from South Beach, shops, restaurants, bars and crystal clear beaches, and Miami International airport. Unique 3 bedroom 3.5 bath one car garage Art Deco residence. A perfect vacation home or investment property. Currently the least expensive property for sale on the island. Don't miss this opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • None, Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • First Floor Entry
    • Flooring: Tile
    Interior area
    • Total interior livable area: 2,196 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 5,998 Square Feet
    Details
    • Parcel number: 0242050020340

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1936

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $561 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,158/sqft
    • Tax assessed value: $1,745,448
    • Annual tax amount: $26,400

    Price history

    DateEventPrice
    3/3/2021Sold$1,425,000-4.7%$649/sqft
    Source: Public Record Report a problem
    7/17/2020Price change$1,495,000+6.9%$681/sqft
    Source: Miami / Coral Gables #A10894322 Report a problem
    6/23/2020Price change$1,399,000-3.5%$637/sqft
    Source: Miami / Coral Gables #A10792848 Report a problem
    4/13/2020Price change$1,449,000-3.3%$660/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10792848 Report a problem
    1/1/2020Listed for sale$1,499,000$683/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10792848 Report a problem
    1/1/2020Listing removed$6,900$3/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10760200 Report a problem
    12/2/2019Price change$6,900-12.7%$3/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10760200 Report a problem
    10/22/2019Listed for rent$7,900+32.8%$4/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10760200 Report a problem
    11/25/2015Listing removed$5,950$3/sqft
    Source: Gary Lits Realty Report a problem
    9/1/2015Listed for rent$5,950+14.4%$3/sqft
    Source: EWM Miami Beach #A2167574 Report a problem
    8/7/2013Listing removed$5,200$2/sqft
    Source: Majestic Properties Lincoln Rd Report a problem
    8/3/2013Listed for rent$5,200$2/sqft
    Source: Majestic Properties Lincoln Rd Report a problem
    8/3/2013Listing removed$1,499,000$683/sqft
    Source: Majestic Properties Lincoln Rd #A1786872 Report a problem
    5/20/2013Price change$1,499,000+16.2%$683/sqft
    Source: Majestic Properties Lincoln Rd #A1786872 Report a problem
    5/15/2013Listed for sale$1,290,000+30.3%$587/sqft
    Source: Majestic Properties Lincoln Rd #A1786872 Report a problem
    10/8/2010Listing removed$990,000$451/sqft
    Source: Hagen,Barbara #M1357802 Report a problem
    12/11/2009Listed for sale$990,000-23.8%$451/sqft
    Source: Majestic Properties #M1357802 Report a problem
    2/28/2009Listing removed$1,299,000$592/sqft
    Source: Majestic Properties #M1178019 Report a problem
    12/8/2008Price change$1,299,000+32375%$592/sqft
    Source: Majestic Properties #M1178019 Report a problem
    12/6/2008Price change$4,000-99.7%$2/sqft
    Source: Majestic Properties #M1178019 Report a problem
    11/10/2008Price change$1,299,000+32375%$592/sqft
    Source: Majestic Properties #M1178019 Report a problem
    11/3/2008Listed for sale$4,000-99.5%$2/sqft
    Source: Majestic Properties #M1178019 Report a problem
    1/24/2005Sold$800,000+48.1%$364/sqft
    Source: Public Record Report a problem
    3/25/2002Sold$540,000+54.3%$246/sqft
    Source: Public Record Report a problem
    4/9/1998Sold$350,000$159/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,400 +2.7%$1,289,685 +2.9%
    2024$25,702 +2.2%$1,253,339 +3%
    2023$25,141 +3.3%$1,216,834 +3%
    2022$24,347 +7.5%$1,181,393 +12.7%
    2021$22,655 +5.2%$1,048,088 +10%
    2020$21,544 -0.8%$952,808 +4.7%
    2019$21,728 +8.5%$910,321 +10%
    2018$20,018 $827,565 +7.6%
    2017$20,018 +4.8%$768,915 +10%
    2016$19,094 +13.5%$699,014 +10%
    2015$16,823 -5.1%$635,468 -17.4%
    2014$17,728 +17.8%$769,657 +10%
    2013$15,051 0%$699,689 +5.8%
    2012$15,051 +1.5%$661,503 +4.5%
    2011$14,822 +5.3%$633,111 +10%
    2010$14,071 -8.8%$575,556 -15.7%
    2009$15,435 -17.3%$682,995 -20.9%
    2007$18,672 +12.4%$863,277
    2006$16,615 --
    2005$16,615 +31.4%--
    2004$12,648 +51%--
    2003$8,379 +1%--
    2002$8,296 --
    2001$8,296 --
    Find assessor info on the county website

    Neighborhood: Palm Island

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,543,000
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    Estimated market value
    $2,543,000