PALM ISLAND

39 Palm Ave, Miami Beach FL 33139

6 beds · 5 baths · 8,056 ft²

Closed

$29,000,000

16.00%

Est. Payment $154,350/mo

MLS Sheet Video

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.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

43

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).

8/12/2021Sold$29,000,000
4/26/2021Price change$29,000,000+16.0%
3/1/2021Listed 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

39 Palm Ave, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$178,667/mo

Principal & Interest

$154,350

Property Tax

$24,167

Insurance

$150

HOA

$0

20% ($5,800,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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