Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence 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. With Southeast exposure and captivating downtown skyline views, the site 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: playground, tennis and basketball courts.
Property Details
Price:
$27,500,000
MLS #:
A11957898
Status:
Active
Beds:
6
Baths:
6.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM ISLAND
Neighborhood:
palmisland
Listed Date:
Feb 3, 2026
Finished Sq Ft:
9,209
Total Sq Ft:
10,958
Year Built:
1930
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Bathrooms
6 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Ceramic Floor, Wood
Heating
Central
Exterior
Architectural Style
Detached, Two Story
Community Features
Voluntary Hoa
Construction Materials
Concrete Block Construction
Exterior Features
Open Balcony
Parking Features
Driveway
Roof
Barrel Roof
Financial
Tax Year
2025
Taxes
$320,750
Map
Community
- Address16 Palm Ave Miami Beach FL
- SubdivisionPALM ISLAND
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Single Family in Miami Beach as of Mar 06, 2026
374
Single Family Listed
181
Avg DOM
2,070
Avg $ / SqFt
$10,673,961
Avg List Price
Property Summary
- Located in the PALM ISLAND subdivision, 16 Palm Ave Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33139. It is listed for $27,500,000 and features 6 beds, 7 baths, and has approximately 9,209 square feet of living space, and was originally constructed in 1930. The current price per square foot is $2,986. The average price per square foot for Single Family listings in Miami Beach is $2,070. The average listing price for Single Family in Miami Beach is $10,673,961.
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