Home in 291 Palm Avenue, Miami Beach, FL 33139 with MLS# A11991909

Brand-new architectural masterpiece on the exclusive, guard-gated Palm Island. This stunning 4-bedroom, 4.5-bath residence offers 3,077 square feet of modern luxury with an open-concept layout, custom Italian kitchen and closets, seamless indoor-outdoor living, and a sleek contemporary pool surrounded by lush tropical landscaping. A 370-square-foot rooftop terrace delivers breathtaking water, skyline, and sunset views. Palm Island offers 24/7 Miami Beach police security, gated entry, tennis and basketball courts, and a children's playground. Conveniently situated just minutes from MIA Airport and the best dining and social scenes in South Beach, the Design District, and Downtown.

📅 View days on the market

Days on the market

291 Palm Avenue, Miami Beach, FL 33139

Price
Price:
$5,595,000.00
Original List Price:
$5,595,000.00
Close Price:
$5,450,000.00
Transaction closed on:
May 13, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
May 13, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Other
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
3,077 Sqft
Lot Size Acres:
0.14
Property Features
View from the Property:
Water
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground
Appliances:
Other
Interior:
Other
Exterior:
Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Other Equipment:
Other
Construction
Year Built:
2025
Roof:
Concrete
Levels:
Two
Construction Materials:
Block
Flooring:
Wood
Number of stories:
2
Flood Zone Code:
AE
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$34,084.00
Tax Year:
2025
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Driveway, Garage, Attached, Guest, Attached Garage
Utilities
Sewer:
Public Sewer
Water Source:
Other
Community
Association
Association Type:
Other Type Of Association
Amenities Provided by the Homeowner's Association (HOA):
Other
Subdivision Name:
RIVIERA 1ST & 2ND ADDN AM
Senior Community:
No
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
RIVERA 1ST & 2ND ADDN AMD PB 32-37 LOT 55 & PORT OF LOT 56 DESC BEG SELY COR OF LOT 56 TH N 13 DEG E 70FT WLY AD 14.75FT S 08 DEG W 70FT SEL
Real Estate Folio Number (Parcel Number):
0242050020465
Zoning:
0100
Public Schools Assigned
Elementary School:
Allapattah Flats K-8
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
March 31, 2026
Listing Agreement executed on:
March 31, 2026
Purchase Contract Date:
April 20, 2026
Listing Status Last Changed On:
May 13, 2026 4:00 am
Photos updated on:
May 14, 2026 9:16 pm
Last Modified:
May 14, 2026 9:16 pm
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Palm
Street Number:
291
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 56.4''
Longitude:
W81° 49' 58.7''
Street Suffix:
Avenue
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 291 Palm Avenue, Miami Beach, FL 33139
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. Properties may be listed or sold by various participants in the MLS.