RIVIERA 1ST & 2ND ADDN AM
215 Palm Ave, Miami Beach FL 33139
4 beds · 5.5 baths · 5,241 ft²
4
Bedrooms
5.5
Bathrooms
5,241
Sq. Ft.
2004
Year Built
2
Garage
162
Days on Market
Description
An architectural statement on Palm Island's exclusive guard-gated enclave, this fully reimagined contemporary residence delivers a rare combination of scale, privacy, and elevated resort-style living. Spanning more than 6,600 square feet across three levels, each accessible by private elevator, this home was meticulously redesigned to maximize light, volume, and seamless indoor-outdoor flow. Walls of floor-to-ceiling glass frame every principal living space, flooding the interiors with natural light while creating an effortless connection to lush tropical surroundings. Wide-plank hardwood floors and refined Italian finishes establish a sophisticated yet relaxed atmosphere throughout. Designed for both intimate living and grand-scale entertaining, the expansive living room, sunroom, dining area, and chef's kitchen unfold as one stunning open-concept environment. Dual primary suites offer a private sanctuary experience, complete with custom Italkraft closets and spa-like baths finished with imported Italian materials. The crown jewel is a 2,700+ SF rooftop sky terrace, among the largest private rooftop retreats on Palm Island, delivering panoramic water views, glowing sunsets, and the iconic Miami skyline as an unforgettable backdrop. Moments from South Beach, world-class dining, and luxury shopping. A rare turnkey opportunity in one of South Florida's most coveted neighborhoods.
Facts
- MLS#
- A11998519
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 6,000 ft²
- Sq. Ft.
- 5,241 ft²
- Sq. Mt.
- 487 m²
- Price per sq. ft.
- $1,240/ft²
- Price per sq. mt.
- $13,347/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 162 days
- Listed
- Apr 13, 2026
- Last Updated
- Sep 28, 2026
- Price/Lot Sq.Ft.
- $1,083/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$6,825,000
4 bd · 5 ba · 3,521 sqft
Miami Beach, FL 33139
SOLD$6,500,000
4 bd · 5 ba · 3,186 sqft
500 Alton Rd # 3201, Miami FL 33139
SOLD$7,000,000
4 bd · 4 ba · 3,008 sqft
433 E Dilido Dr, Miami Beach FL 33139

$5,999,000
4 bd · 4 ba · 2,789 sqft
1250 Ocean Dr, Miami Beach FL 33139
SOLD$5,995,000
4 bd · 5 ba · —
1096 N Venetian Dr, Miami FL 33139

$6,275,000
5 bd · 5 ba · 3,641 sqft
140 N Hibiscus Dr, Miami Beach FL 33139
SOLD$5,900,000
4 bd · 4 ba · 3,019 sqft
114 3rd San Marino Ter, Miami Beach FL 33139

$6,450,000
3 bd · 4 ba · 2,930 sqft
501 West Ave # 3102, Miami Beach FL 33139
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 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).
| 9/28/2026 | Sold | $6,500,000 |
| 7/24/2026 | Price change | $6,500,000-13.3% |
| 4/13/2026 | Listed for sale | $7,500,000 |
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
$40,162/mo
Principal & Interest
$34,596
Property Tax
$5,417
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
Similar listings nearby
More homes in Miami Beach around $6,500,000.

810 W 47 CT, Miami Beach FL 33140

3426 Prairie Ave, Miami Beach FL 33140

363 S Hibiscus Dr, Miami Beach FL 33139

4391 Collins Ave, Miami Beach FL 33140

2124 Fisher Island Dr # 2124, Miami Beach FL 33109

2301 Collins Ave # 443, Miami Beach FL 33139
