16 Palm Ave, Miami Beach, FL 33139 (MLS # A11957898)

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PRICE $29,500,000 dsIDX morgage calculator
BEDS 6
BATHS 7
HOME SIZE 9,209 sqft
LOT SIZE 35,348.00 ac

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.

DAYS ON MARKET 3 LAST UPDATED 2/3/2026
TRACT PALM ISLAND YEAR BUILT 1930
COMMUNITY 42 GARAGE SPACES 2.0
COUNTY Miami-Dade STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Range, Refrigerator, Washer
AREA 42
CONSTRUCTION BLOCK
EXTERIOR Balcony
GARAGE Yes
HEAT CENTRAL
INTERIOR Eat-in Kitchen, Kitchen Island
LOT 35348 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 35348
PARKING Driveway
POOL DESCRIPTION In Ground
SEWER Public Sewer
STORIES 2
STYLE Detached, TwoStory
SUBDIVISION PALM ISLAND
TAXES 320750
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Bay
WATER Public
WATERFRONT Yes
ZONING 2200
MORTGAGE CALCULATOR
   

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Listed with Douglas Elliman
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