198 Palm Avenue, Miami Beach, FL 33139

$17,000,000
Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 14,515 Status: Closed
Current Price: $17,000,000 List Date: 4/07/2021 Last Modified: 8/08/2026

Overview

Description

Welcome to the prestigious 198 Palm Ave, Built in 2016 This luxurious property is situated on a 30,000 Sq/ft Lot on Palm Island. Being one of the largest lots on the palm island, new owners can enjoy 100 ft of ocean frontage over looking the immaculate Downtown Miami Skyline. Enjoy this Mediterranean inspired 14,000 sq/ft home which includes 6 bedrooms, 8.5 independently designed bathrooms, spacious 4 car garage. Top of the line amenities include a spa with large steam sauna, an exercise room including jacuzzi, Complete Bar downstairs with spacious temperature controlled wine cellar. The backyard features a large 20x40 heated pool, a large covered terrace with S/S complete BBQ installation. Enjoy the quiet breeze while sitting under one of 2 large gazebos overlooking the ocean.

Listing Details MLS# A11023630

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
7
Bathrooms Total
9
Bathrooms Full
8
Bathrooms Half
Yes
Building Area Main
14515
Living Area Main
11650
Adjusted Area Main
12217
Year Built
2016
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Lot Size Area
30000
Lot Size Acres
0.69
Lot Size Dimensions
30000
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
100
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
Northeast
Pool Private YN
Yes
Spa YN
Yes

Property Features

Association Amenities: Gated; Security Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen; Formal Dining; Snack Bar/Counter Exterior Features: Awning(s); Built-in Barbecue; Lighting Flooring: Tile; Wood Foundation Details: Piling Parking Features: Covered; Driveway; Garage Door Opener; Paver Block; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Oven; Refrigerator; Washer; Other Water Heater Details: Electric Water Heater Boat and Dock Features: Deeded Dock; Private Dock Construction Materials: CBS Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Elevator; French Doors; Kitchen Island; Pantry; Storage; Walk-In Closet(s) Laundry Features: Laundry Tub Levels: Two Listing Terms: Cash Other Equipment: Other Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Equipment Included; In Ground Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: Public Road Road Surface Type: Paved Roof: Spanish Tile Security Features: Fire Alarm; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available Water Access: Ocean Access Water Source: Public Water View: Direct Ocean; Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign; Showing Service Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Open Porch Details: Porch - Open Contingencies: Inspection Room Types: Den; Family Room; Game Room; Great Room; Laundry; Maid/In-Law Quarters; Media Room; Sauna Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
16999000
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
198
Street Name
Palm
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5180
Postal Zip
33139
Subdivision Name
PALM ISLAND
Area
2420
Parcel Number
0242050010510
Subdivision Number
Yes
Zoning
2200
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
189708
Tax Year
2020
Tax Legal Description
PALM ISLAND PB 6-54 LOT 39 & 20FT STRIP CONT TO SLY BDRY LINE BLK 2 LOT SIZE 100.000 X 300 COC 23051-3708 0105 1

Status Change Information

Major Change Timestamp
2021-10-28T00:56:15Z
Major Change Type
Status Change
Price Change Timestamp
2021-05-13T02:02:14Z
Status Change Date
2021-10-28
Under Contract Date
2021-10-23
Close Date
2021-10-27
Close Price
17000000
Buyer Financing
Cash

More Information

Entry Information

Entry Level
Yes

Boat and Dock Information

Dock
Yes

Pool Size Details

Pool Size (WxL)
20x40

Storm Protection

Impact Glass
Partial
Permanent Generator
Whole House

Buyer Details

Intended Use
Unknown/Withheld
Buyer State
Florida
Zip Code
33139

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
1459.23

Section Details

Parcel Number MLX
0510

Originating Details

Originating System Key
357518561
Originating System ID
M00000151

Room Information

Room Name
Den
Family Room
Great Room
Maid/In-Law Quarters
Media Room
Game Room
Sauna
Laundry
IDX
Listing Office: Adrian Realty, LLC
Last Updated: August - 08 - 2026
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