Price Reduced 6.78%
Price History
$29,500,000
2/3/2026
$27,500,000
2/20/2026
16 Palm Ave, Miami Beach, FL, 33139
6 beds
6 Full / 1 Half baths
1930
Detached, Two Story
9,209 sqft
Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island's rare amenities: playground, tennis and basketball courts.
Status:
Active
Type:
Single-family residential
Zoning:
2200
Frontage:
220
Subdivision:
PALM ISLAND
Garage:
2-car Driveway
Heating:
Central
Cooling:
Central Air
Est. Taxes:
$320,750
Construction
Block
Utilities
Cable Available
Lot Description:
Item1Acre
View Description:
Bay
Waterfront:
Yes
Days on Market:
17
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Pool:
In Ground, Pool
MLS #:
A11957898
Community Info
School Info
Walk Score
Yelp
Listing courtesy of DOUGLAS ELLIMAN 305-695-6075