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For sale
    • $35,900,000

    49 Palm Ave, Miami Beach, FL 33139

    8beds
    11,307sqft
    : 
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    Single Family Residence
    Built in 1926
    0.69 Acres Lot
    $-- Zestimate®
    $3,175/sqft
    $-- HOA

    What's special

    Enormous islandExotic treesLush groundsFamily roomGrand saloonArt galleryInsolated movie theater
    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
    590 days
    |
    4,767
    |
    283
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Martinez 786-286-4344,

    One Sotheby's International Realty,

    Roland Ortiz 786-253-3949,

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11702121MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 10
      • Full bathrooms: 7
      • 1/2 bathrooms: 3
      Rooms
      • Room types: Den/Library/Office, Florida Room, Media Room
      Heating
      • Central, Electric
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Free-Standing Freezer, Oven
      • Laundry: Laundry Room
      Features
      • Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Sauna
      • Flooring: Marble, Wood
      • Doors: High Impact Doors, French Doors
      • Windows: Clear Impact Glass, Complete Impact Glass, Arched Windows, Blinds, High Impact Windows
      • Has fireplace: Yes
      Interior area
      • Total structure area: 15,182
      • Total interior livable area: 11,307 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Circular Driveway, Covered, Guest, Garage Door Opener
      • Garage spaces: 8
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Entry location: Foyer
      • Patio & porch: Awning(s), Deck
      • Exterior features: Lighting, Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Equipment Stays, Pool/Spa Combo
      • Has spa: Yes
      • Has view: Yes
      • View description: Bay, Water
      • Has water view: Yes
      • Water view: Bay,Water
      • Waterfront features: Ocean Access, Navigable Water, Seawall, WF/Pool/Ocean Access, Bay
      • Frontage type: Bay/Harbor
      • Frontage length: 100
      Lot
      • Size: 0.69 Acres
      • Features: 1/2 To Less Than 3/4 Acre Lot
      Details
      • Additional structures: Guest House
      • Parcel number: 0242050010140
      • Zoning: 2200

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block Construction
      • Roof: Barrel Roof
      Condition
      • Updated/Remodeled
      • Year built: 1926

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Clubhouse, Tennis Court(s), Gated
      • Security: Fire Alarm, Smoke Detector
      • Subdivision: Palm Island
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $3,175/sqft
      • Tax assessed value: $18,095,685
      • Annual tax amount: $215,744
      • Date on market: 12/2/2024
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $83,786/mo

        Price history

        DateEventPrice
        4/1/2026Price change$35,900,000-6.8%$3,175/sqft
        Source: MIAMI #A11702121 Report a problem
        12/3/2024Listed for sale$38,500,000+10%$3,405/sqft
        Source: MIAMI #A11702121 Report a problem
        12/8/2022Listing removed--
        Source: MIAMI #A11135998 Report a problem
        12/14/2021Listed for sale$35,000,000+618.7%$3,095/sqft
        Source: MIAMI #A11135998 Report a problem
        12/8/2004Sold$4,870,000$431/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$246,853 +14.4%$10,211,675 +10%
        2024$215,744 +22%$9,283,341 +10%
        2023$176,848 +13%$8,439,401 +10%
        2022$156,462 +14.2%$7,672,183 +10%
        2021$137,060 -0.3%$6,974,712 0%
        2020$137,422 -0.1%$6,974,869 0%
        2019$137,557 +7.5%$6,975,026 +7%
        2018$127,988 $6,521,616 +10%
        2017$127,988 +4.2%$5,928,742 +10%
        2016$122,832 +14.2%$5,389,766 +10%
        2015$107,544 +12.1%$4,899,788 +10%
        2014$95,953 +13.5%$4,454,353 +10%
        2013$84,552 +0%$4,049,412 -0.1%
        2012$84,552 +8.7%$4,054,254 +10%
        2011$77,767 +2.2%$3,685,686 +8.9%
        2010$76,084 -8.8%$3,385,818 -15.1%
        2009$83,451 +5.2%$3,989,397 +3.1%
        2007$79,293 -0.7%$3,868,069
        2006$79,816 --
        2005$79,816 +25.2%--
        2004$63,758 +28.5%--
        2003$49,604 +89.4%--
        2002$26,189 --
        2001$26,189 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Palm Island

        Getting around

        1 / 100
        Car-Dependent
        46 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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