RIVIERA 1ST & 2ND ADDN AM
291 Palm Ave, Miami Beach FL 33139
4 beds · 4.5 baths · 3,077 ft²
$5,595,000
Est. Payment $29,779/mo
4
Bedrooms
4.5
Bathrooms
3,077
Sq. Ft.
2025
Year Built
1
Garage
20
Days on Market
Description
Brand-new architectural masterpiece on the exclusive, guard-gated Palm Island. This stunning 4-bedroom, 4.5-bath residence offers 3,077 square feet of modern luxury with an open-concept layout, custom Italian kitchen and closets, seamless indoor-outdoor living, and a sleek contemporary pool surrounded by lush tropical landscaping. A 370-square-foot rooftop terrace delivers breathtaking water, skyline, and sunset views. Palm Island offers 24/7 Miami Beach police security, gated entry, tennis and basketball courts, and a children’s playground. Conveniently situated just minutes from MIA Airport and the best dining and social scenes in South Beach, the Design District, and Downtown.
Facts
- MLS#
- A11991909
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 6,018 ft²
- Sq. Ft.
- 3,077 ft²
- Sq. Mt.
- 286 m²
- Price per sq. ft.
- $1,818/ft²
- Price per sq. mt.
- $19,563/m²
- Stories
- —
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 20 days
- Listed
- Mar 31, 2026
- Last Updated
- May 14, 2026
- Price/Lot Sq.Ft.
- $930/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.
Buyers market
May 2026
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).
| 5/14/2026 | Sold | $5,595,000 |
| 3/31/2026 | Listed for sale | $5,595,000 |
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.
Sanson's Preschool Learning CenterPK,TK,KG,1,2,3,4,5 · private · 0.4 mi
- Bent Tree Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Academir Preparatory Academy
KG,1,2,3,4,5 · charter · 0.5 mi
- Academir Charter School Middle
6,7,8 · charter · 0.5 mi
- Royal Green Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Hollywood Education Literacy Project Miami
KG,1,2,3,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Howard D. McMillan Middle School
6,7,8 · public · 0.7 mi
- Ethel Koger Beckham Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
- Happy Memories Learning Center 2
PK,KG,1,2,3 · private · 0.9 mi
- Alphabet Soup Learning Center
PK,KG,1 · private · 0.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$34,591/mo
Principal & Interest
$29,779
Property Tax
$4,663
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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