Residential in 16 Palm Ave Miami Beach for sale with MLS# A11970383

Step Inside With Me! This Palm Island mega property is ready for the future: a modern mansion! Spanning over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay, its premier Southeast exposure ensures breezes off the ocean, enviable sunlight and captivating Downtown skyline views. Inspirational plans depict up to a 17,5000 SF trophy residence with sports court that can be achieved here within one of Miami Beach's most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. This world-class site in guard-gated Palm Island allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island's rare amenities: tennis, basketball courts and playground.

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Days on the market

16 Palm Ave, Miami Beach, FL 33139

Price
Price:
$27,500,000.00
Original List Price:
$27,500,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Residential
MLS Number:
A11970383
Description of Last Important Update:
New Listing
Last Major Update on:
February 23, 2026 6:19 pm
Measures
Lot Area:
35,348 Sqft
Lot Size Unit:
Square Feet
Lot Features:
1 Acre
Lot Size Acres:
0.811
Number of Lots:
1
Property Features
View from the Property:
Bay
Waterfront:
Yes
Waterfront Features:
Bay Front
Frontage Length:
220
Security:
Gated Community
Building:
Other
Property Entrance Faces:
North
Water Access Description:
Private Dock
Taxes and Expenses
Tax Annual Amount:
$320,750.00
Tax Year:
2025
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
PALM ISLAND
Community Features:
Gated, Home Owners Association
Senior Community:
No
Development Status:
Site Plan Filed
Terms
Disclosures:
Flood Plain Disclosure
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Closing Funding
Zoning and Legal
Tax Legal Description:
PALM ISLAND PB 6-54 LOTS 26 & 27 BLK 1 LOT SIZE 35348 SQ FT OR 15651-0683 0992 1 COC 26255-2008 03 2008 1
Real Estate Folio Number (Parcel Number):
02-42-05-001-0240
Zoning Description:
2200
Listing History
Originally published on:
February 23, 2026 6:19 pm
Active on the market since:
February 23, 2026
Price change occurred on:
February 23, 2026 12:04 pm
Listing Status Last Changed On:
February 23, 2026 6:19 pm
Photos updated on:
February 23, 2026 11:38 pm
Last Modified:
February 24, 2026 3:01 am
Additional Information
Flood Zone:
AE
Municipal Code:
2
Subdivision Number:
1
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Palm Ave
Street Number:
16
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 37.7''
Longitude:
W81° 50' 32.9''
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) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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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.