PALM ISLAND

16 Palm Ave, Miami Beach FL 33139

6 beds · 6.5 baths · 9,209 ft²

For Sale · Active Listing

$65,000

Est. Payment $346/mo

MLS Sheet Video

Bedrooms

6.5

Bathrooms

9,209

Sq. Ft.

1930

Year Built

Garage

Days on Market

Description

Step Inside With Me! This Mediterranean Revival estate seamlessly blends classic detailing with contemporary features on a sprawling 35,348 SF lot on prestigious Palm Island. Renovated in 2009, it welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. The spacious addition introduces a chef’s kitchen crafted, refined primary suite and an inviting guest wing. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. Outdoors, 220’ of prime South-facing water frontage impresses, complemented by a bocce court, heated pool + spa, and a private beach. A large pebbled driveway creates a beautiful arrival setting, while the exclusive guard-gated Palm Island community completes this exceptional lease offering.

Facts

MLS#: A11984294
Subdivision: PALM ISLAND
Property Type: Residential Lease
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.: $7/ft²
Price per sq. mt.: $76/m²
Stories: —
Garage: 2 spaces
Pool: —
Days on Market: 1 day
Listed: Mar 17, 2026
Last Updated: Mar 18, 2026
Price/Lot Sq.Ft.: $2/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

May 2026

100/100

Buyers marketSellers market

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).

3/17/2026

Listed for sale

$65,000

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

Location

16 Palm Ave, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

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

St. Thomas Episcopal Parish School
PK,KG,1,2,3,4,5 · private · 0.4 mi
Our Lady Of Lourdes Academy
9,10,11,12 · private · 0.5 mi
Our Lady of Lourdes Academy
9,10,11,12 · private · 0.5 mi
Epiphany Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
The Mandelstam School
PK,KG,1,2,3,4,5 · private · 0.6 mi
The Mandelstam School
PK,TK,KG,1,2,3,4,5 · private · 0.6 mi
Rambam Day School Temple Beth Am
PK,TK,KG,1,2,3,4,5 · private · 0.8 mi
Sunset Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Pinecrest Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Riviera Schools
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi

Affordability

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

$216,667

gross income / month to qualify

Monthly rent$65,000

Required annual income$2,600,000

Security deposit (est.)$65,000

Move-in cost (1st + last + security)$195,000

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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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