Home in 49 Palm Avenue, Miami Beach, FL 33139 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 Avenue, Miami Beach, FL 33139

Price
Price:
$35,900,000.00
Original List Price:
$38,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$3,175.02
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 1, 2026 9:58 pm
Rooms Distribution
Bedrooms:
8
Bathrooms Total:
10
Full Bath:
7
Half Bath:
3
Room Type:
Florida Room, Laundry, Den, Sauna, Media Room, Maid/in-law Quarters
Master Bedroom Bath:
Bidet, Master Bdrm - Sitting, Master Bdrm - Upstairs, Separate Shower, Whirlpool Tub, Dual Sinks, Separate Tub
Dining Area:
Formal Dining, Eat-in Kitchen, Kitchen Dining
Measures
Living Area:
11,307 Sqft
Built-Up Area:
15,182 Sqft
Lot Size Acres:
0.69
Property Features
View from the Property:
Water, Bay
Waterfront:
Yes
Waterfront Features:
Ocean Access, Navigable Water, Seawall, Bayfront, No Fixed Bridge
Frontage Length:
100
Private Pool
Swimming Pool Features:
In Ground, Pool/spa Combo, Equipment Included
Spa
Spa Features:
In Ground
Guest House Features:
Kitchen, Living Room, 2 Bedrooms, 2 Baths
Security:
Smoke Detector(s), Fire Alarm
Furnished:
Partially
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Gas Range, Gas Water Heater, Ice Maker, Oven, Free-Standing Freezer
Interior:
High Ceilings, Pantry, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Elevator, Bedroom Layout - Split
Exterior:
Awning(s), Balcony, Lighting
Patio and Porch:
Deck
Windows:
Blinds, Arched
Doors:
French Doors
Fireplace
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Boat and Dock Features:
Private Dock, Lift
Property Entrance Faces:
South
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1926
Roof:
Barrel
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Marble
Number of stories:
2
Flood Zone Code:
AE
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$215,744.00
Tax Year:
2024
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
8
Covered Spaces:
8
Parking Features:
Garage, Garage Door Opener, Covered, Circular Driveway, Guest, Detached, Detached Garage
Utilities
Sewer:
Public Sewer
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Clubhouse, Tennis Court(s), Gated
Subdivision Name:
PALM ISLAND
Senior Community:
Yes
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
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):
0242050010140
Zoning:
2200
Public Schools Assigned
Elementary School:
Dwight D. Eisenhower K-8
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
December 3, 2024
Listing Agreement executed on:
December 2, 2024
Price change occurred on:
April 1, 2026 9:58 pm
Listing Status Last Changed On:
December 3, 2024 4:03 am
Photos updated on:
August 25, 2026 3:49 pm
Last Modified:
August 25, 2026 3:49 pm
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Palm
Street Number:
49
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 43.5''
Longitude:
W81° 50' 30.6''
Street Suffix:
Avenue
Property Map

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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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
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.