PALM ISLAND
16 Palm Ave, Miami Beach FL 33139
6 beds · 6.5 baths · 9,209 ft²
6
Bedrooms
6.5
Bathrooms
9,209
Sq. Ft.
1930
Year Built
2
Garage
311
Days on Market
Description
This Mediterranean Revival estate seamlessly blends classic architecture with modern luxury. Fully renovated in 2009, the home sits on a sprawling 35,348 sq. ft. lot on prestigious Palm Island, offering 220’ of prime south-facing waterfront capable of accommodating yachts up to 205’. A spacious addition includes a luxurious primary suite, chef’s kitchen, and family wing. Exceptional amenities include a home theater, gym, steam rooms, bocce court, wine cellar, heated pool, spa, private beach, and a serene courtyard. A separate guest house, smart home technology, lighting controls, and solar panels complete this lush, gated haven. Surrounded by exotic landscaping, this estate embodies sophistication and privacy in the exclusive, police-guarded Palm Island community.
Facts
- MLS#
- A11706868
- Subdivision
- PALM ISLAND
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 35,348 ft²
- Sq. Ft.
- 9,209 ft²
- Sq. Mt.
- 856 m²
- Price per sq. ft.
- $2,704/ft²
- Price per sq. mt.
- $29,089/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 311 days
- Listed
- Dec 9, 2024
- Last Updated
- Dec 3, 2025
- Price/Lot Sq.Ft.
- $704/ft²
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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).
| 12/3/2025 | Sold | $24,900,000 |
| 9/16/2025 | Price change | $24,900,000-10.8% |
| 12/9/2024 | Listed for sale | $27,900,000 |
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
$153,428/mo
Principal & Interest
$132,528
Property Tax
$20,750
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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