RIVIERA 1ST & 2ND ADDN AM

287 Palm Ave, Miami Beach FL 33139

4 beds · 3 baths · 2,513 ft²

Closed

$25,000

Est. Payment $133/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

2,513

Sq. Ft.

1957

Year Built

2

Garage

41

Days on Market

Description

Located on exclusive Palm Island, this stunning residence combines timeless elegance with modern upgrades. Featuring high-end marble and custom stonework, the home boasts a gourmet kitchen with Caesar Kitchen and Miele appliances, along with Restoration Hardware vanities and furnishings. Designed as a fully integrated smart home with Google and Unifi systems, it also offers a new A/C, water heater, and plumbing. Enjoy a private pool with heated spa, 2-car garage, and estate-style dining room. With 4 bedrooms, 3 full baths, and a powder room, this home delivers luxury living in one of Miami Beach’s most prestigious neighborhoods.

Facts

MLS#
A11861644
Subdivision
RIVIERA 1ST & 2ND ADDN AM
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1957
Lot Size
8,823 ft²
Sq. Ft.
2,513 ft²
Sq. Mt.
233 m²
Price per sq. ft.
$10/ft²
Price per sq. mt.
$107/m²
Stories
Garage
2 spaces
Pool
Days on Market
41 days
Listed
Aug 19, 2025
Last Updated
Oct 2, 2025
Price/Lot Sq.Ft.
$3/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.

Buyers market

May 2026

0/100
Buyers marketSellers market

30

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/2/2025Sold$25,000
8/19/2025Listed for sale$25,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

287 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.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$83,333

gross income / month to qualify

Monthly rent$25,000
Required annual income$1,000,000
Security deposit (est.)$25,000
Move-in cost (1st + last + security)$75,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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

Similar listings nearby

More homes in Miami Beach around $25,000.

Call NowWhatsApp