PALM ISLAND
39 Palm Ave, Miami Beach FL 33139
6 beds · 5 baths · 8,056 ft²
6
Bedrooms
5
Bathrooms
8,056
Sq. Ft.
1957
Year Built
118
Days on Market
Description
A rare opportunity on the Estate section of guard-gated Palm Island with 150’ linear wide Biscayne Bay waterfront. The unique 45,000 SF waterfront property ready to build up to 22,500 SF home, with plenty of privacy. Existing dockage capable of accommodating large vessels. A true gem waiting to be rediscovered, with hard to find lighted Tennis Court & separate Guest House. Views facing North towards Star Island & Miami Beach. Enjoy all of Palm Island's amenities including tennis & basketball courts, playground and 24 hour police security, centrally located with easy access to all of Greater Miami’s main attractions. Owner willing to Develop & deliver a finished new construction home for an asking price of $34M.
Facts
- MLS#
- A11006431
- Subdivision
- PALM ISLAND
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 45,000 ft²
- Sq. Ft.
- 8,056 ft²
- Sq. Mt.
- 748 m²
- Price per sq. ft.
- $3,600/ft²
- Price per sq. mt.
- $38,770/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 118 days
- Listed
- Mar 1, 2021
- Last Updated
- Aug 12, 2021
- Price/Lot Sq.Ft.
- $644/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$27,500,000
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5 bd · 7 ba · —
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SOLD$29,500,000
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
38
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/12/2021 | Sold | $29,000,000 |
| 4/26/2021 | Price change | $29,000,000+16.0% |
| 3/1/2021 | Listed for sale | $25,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$178,667/mo
Principal & Interest
$154,350
Property Tax
$24,167
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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