Single Family Residence

49 Palm Ave

49 Palm Ave, Miami Beach FL 33139 Get directions

$35,900,000

For Sale

8 Beds · 7 Baths · 11,307 SqFt

See estimated monthly cost

This listing is courtesy of One Sotheby's International Realty. Jorge Martinez

Overview

Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators

Facts & features

Interior

Living area (sq ft)
11,307
Full bathrooms
7
Half bathrooms
3
Furnished
Partially
  • Closet Cabinetry
  • Elevator
  • Entrance Foyer
  • French Doors
  • Pantry
  • Split Bedroom
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Florida Room
  • Separate Guest/In-Law Quarters
  • Maid/In-Law Quarters
  • Media Room
  • Sauna
  • Utility Room/Laundry

Building & exterior

Year built
1926
Lot size (sq ft)
30,000
Garage spaces
8
Covered spaces
8
Waterfront
Yes
  • Bay
  • Water
  • Ocean Access
  • Navigable Water
  • Seawall
  • Lighting
  • Open Balcony
  • Circular Driveway
  • Covered
  • Guest

HOA (homeowners association)

Association fee
$0
Pets allowed
Yes
  • Ok To Lease
  • Yes

Taxes

Annual tax
$215,744
Tax year
2024
Parcel number
02-42-05-001-0140

Listing

MLS number
A11702121
Property type
Single Family Residence
Price per SqFt
$3,175
Subdivision
PALM ISLAND
On market since
Dec 2, 2024
Days on market
631

Estimated monthly cost

$226,434 per month

Principal & interest (30 yr)
$181,530
Property tax
$17,979
Insurance (estimated)
$26,925

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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