Home in 49 Palm Ave Miami Beach for sale with MLS# A11702121

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

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Days on the market

49 Palm Ave, Miami Beach, FL 33139

Price
Price:
$35,900,000.00
Previous Asking Price:
$38,500,000.00
Original List Price:
$38,500,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A11702121
Description of Last Important Update:
Price Change
Last Major Update on:
April 1, 2026 4:58 pm
Rooms Distribution
Bedrooms:
8
Bathrooms Total:
10
Full Bath:
7
Half Bath:
3
Room Type:
Florida Room, Laundry, Den, Utility Room, Guest Quarters, In Law Suite, Sauna, Media Room
Measures
Living Area:
11,307 Sqft
Built-Up Area:
15,182 Sqft
Lot Area:
30,000 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Sprinklers Automatic
Property Features
View from the Property:
Water, Bay
Waterfront:
Yes
Waterfront Features:
Ocean Access, Bay Front, Navigable Water, Seawall
Frontage Length:
100
Swimming Pool Features:
Pool, In Ground, Pool Equipment, Pool/spa Combo
Spa
Spa Features:
In Ground
Guest House:
2 Baths,2 Bedrooms,Kitchen,Living Room
Security:
Smoke Detector(s), Gated Community
Furnished:
Partially
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Freezer, Gas Range, Gas Water Heater, Ice Maker, Built In Oven
Interior:
Eat-in Kitchen, Dining Area, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Fireplace, Elevator, Separate Formal Dining Room, French Doors Atrium Doors, Upper Level Primary, Sitting Area In Primary, Separate Shower, Bidet, Jetted Tub, Kitchen Dining Combo, Dual Sinks
Exterior:
Deck, Awning(s), Balcony, Lighting, Security High Impact Doors
Patio and Porch:
Deck, Balcony, Open
Windows:
Blinds, Impact Glass, Arched, Impact glass, Impact Glass
Other Structures:
Guest House
Doors:
French Doors
Fireplace
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
South
Water Access Description:
Boat Lift, Private Dock, Unrestricted Saltwater Access
Storm Protection:
Complete Impact Glass, Impact Glass
Construction
Year Built:
1926
Year Built Details:
Resale
Roof:
Barrel
Architectural Style:
Two Story
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Marble, Hardwood
Stories:
2
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$215,744.00
Tax Year:
2024
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
8
Covered Spaces:
8
Parking Features:
Garage, Garage Door Opener, Covered, Circular Driveway, Guest, Detached
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Pet Restrictions
Subdivision Name:
PALM ISLAND
Community Features:
Clubhouse, Gated, Tennis Court(s)
Senior Community:
No
Restrictions:
Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow, Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
PALM ISLAND PB 6-54 LOT 14 & 20FT STRIP IN BAY BLK 1 LOT SIZE 100.000 X 300 OR 11020-577 0580 6 COC 22886-2344 12 2004 1
Real Estate Folio Number (Parcel Number):
02-42-05-001-0140
Zoning Description:
2200
Listing History
Originally published on:
December 2, 2024 8:53 pm
Active on the market since:
December 2, 2024
Price change occurred on:
April 1, 2026 4:58 pm
Listing Status Last Changed On:
December 2, 2024 8:53 pm
Photos updated on:
April 18, 2026 2:16 am
Last Modified:
April 18, 2026 2:16 am
Additional Information
Housing Older Persons Act:
Unverified
Flood Zone:
AE
Type of Association:
None
Rooms Description:
Den/Library/Office, Florida Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room, Sauna, Utility Room/Laundry
Style:
WF/Pool/Ocean Access
Municipal Code:
2
Subdivision Number:
1
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Palm Ave
Street Number:
49
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 44''
Longitude:
W81° 50' 30.7''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.