39 Palm Avenue, Miami Beach, FL 33139

$20,250,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 8,056 Status: Closed
Current Price: $20,250,000 List Date: 3/01/2021 Last Modified: 8/08/2026

Overview

Description

A rare opportunity on the Estate section of guard-gated Palm Island with 150’ linear wide Biscayne Bay waterfront. The unique 45,000 SF waterfront property ready to build up to 22,500 SF home, with plenty of privacy. Existing dockage capable of accommodating large vessels. A true gem waiting to be rediscovered, with hard to find lighted Tennis Court & separate Guest House. Views facing North towards Star Island & Miami Beach. Enjoy all of Palm Island's amenities including tennis & basketball courts, playground and 24 hour police security, centrally located with easy access to all of Greater Miami’s main attractions. Owner willing to Develop & deliver a finished new construction home for an asking price of $34M.

Listing Details MLS# A11006431

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
5
Bathrooms Full
5
Building Area Main
8056
Living Area Main
8056
Adjusted Area Main
8056
Year Built
1957
Lot Size Area
45000
Lot Size Acres
1.03
Lot Size Dimensions
45000
Senior Community YN
Yes
Waterfront YN
Yes
Water Frontage Feet
150
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
East
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Association Amenities: Gated Dining Area: Eat-In Kitchen; Formal Dining Exterior Features: Awning(s); Lighting; Tennis Court(s) Flooring: Marble; Other Guest House Features: 1 Bath; 2 Bedrooms Parking Features: Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Boat and Dock Features: Private Dock Construction Materials: Block Cooling: Central Air; Electric Fencing: Fenced Heating: Central; Electric Interior Features: Bar; Built-in Features; Closet Cabinetry; Custom Mirrors; French Doors Levels: Two Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Pool Features: In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Flat; Tile Security Features: Smoke Detector(s) Sewer: Public Sewer Water Access: Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront; No Fixed Bridges Window Features: Bay Window(s); Sliding Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Room Types: Atrium; Den; Laundry; Loft; Media Room Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
25000000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
39
Street Name
Palm
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5137
Postal Zip
33139
Subdivision Name
PALM ISLAND
Area
2420
Parcel Number
0242050010150
Subdivision Number
Yes
Zoning
2200
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
220428
Tax Year
2020
Tax Legal Description
PALM ISLAND PB 6-54 LOT 15 & WLY 1/2 OF LOT 16 & 20FT STRIP IN BAY BLK 1 LOT SIZE 150.000 X 300 OR 19881-1265 08 2000 4 COC 24085-1815 12 20

Remarks and Miscellaneous

Public Historical Remarks
Boat Services: Private Dock

More Information

Status Change Information

Major Change Timestamp
2021-08-10T00:29:06Z
Major Change Type
Status Change
Price Change Timestamp
2021-04-26T22:35:48Z
Status Change Date
2021-08-12
Under Contract Date
2021-06-27
Close Date
2021-08-09
Close Price
20250000
Buyer Financing
Cash

Entry Information

Entry Level
Yes

Boat and Dock Information

Dock
Yes

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
2513.65

Section Details

Parcel Number MLX
0150

Originating Details

Originating System Key
356320434
Originating System ID
M00000151

Room Information

Room Name
Atrium
Den
Loft
Media Room
Laundry
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 08 - 2026
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