PALM ISLAND
49 Palm Ave, Miami Beach FL 33139
8 beds · 7.5 baths · 11,307 ft²
8
Bedrooms
7.5
Bathrooms
11,307
Sq. Ft.
1926
Year Built
8
Garage
501
Days on Market
Description
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
Facts
- MLS#
- A11702121
- Subdivision
- PALM ISLAND
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 30,000 ft²
- Sq. Ft.
- 11,307 ft²
- Sq. Mt.
- 1,050 m²
- Price per sq. ft.
- $3,175/ft²
- Price per sq. mt.
- $34,190/m²
- Stories
- —
- Garage
- 8 spaces
- Pool
- —
- Days on Market
- 501 days
- Listed
- Dec 2, 2024
- Last Updated
- Apr 18, 2026
- Price/Lot Sq.Ft.
- $1,197/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$35,000,000
8 bd · 8 ba · 10,439 sqft
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SOLD$33,500,000
7 bd · 8 ba · 7,818 sqft
320 S Hibiscus Dr, Miami Beach FL 33139
SOLD$39,900,000
7 bd · 10 ba · —
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7 bd · 8 ba · 11,031 sqft
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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
May 2026
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).
| 4/1/2026 | Price change | $35,900,000-6.8% |
| 12/2/2024 | Listed for sale | $38,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Charles David Wyche, Jr Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
- North Dade Regional Academy
PK,KG · private · 0.5 mi
- Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- All Stars Education Academy
KG,1,2,3,4,6,7,8,9,10,11,12 · private · 0.6 mi
- Lake Stevens Middle School
6,7,8 · public · 0.6 mi
- A Little College At Royal Oaks
PK,KG,1,2,3,4,5 · private · 0.7 mi
- Little College At Ludlam C Corporation
PK,KG,1 · private · 0.7 mi
- Joella Good Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.8 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$221,142/mo
Principal & Interest
$191,075
Property Tax
$29,917
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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