49 Palm Avenue, Miami Beach, FL 33139

$35,900,000
Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 15,182 Status: Active
Current Price: $35,900,000 List Date: 12/03/2024 Last Modified: 8/25/2026

Overview

Description

Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators

Listing Details MLS# A11702121

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
8
Bathrooms Total
10
Bathrooms Full
7
Bathrooms Half
3
Building Area Main
15182
Living Area Main
11307
Year Built
1926
Garage YN
Yes
Garage Spaces
8
Covered Spaces
8
Lot Size Area
30000
Lot Size Acres
0.69
Senior Community YN
Yes
Guest House YN
Yes
Waterfront YN
Yes
Water Frontage Feet
100
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Partially

Property Features

Association Amenities: Gated Dining Area: Eat-In Kitchen; Formal Dining; Kitchen Dining Electric: Circuit Breakers Exterior Features: Awning(s); Lighting Flooring: Marble; Wood Guest House Features: 2 Baths; 2 Bedrooms; Kitchen; Living Room Leasing Permitted Details: Okay To Lease Parking Features: Circular Driveway; Covered; Garage Door Opener; Guest; Detached; Detached Garage; Garage Property Condition: Resale; Updated/Remodeled Spa Features: In Ground Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Oven Water Heater Details: Gas Water Heater Boat and Dock Features: Lift; Private Dock Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric Interior Features: Bedroom Layout - Split; Closet Cabinetry; Elevator; Entrance Foyer; French Doors; High Ceilings; Pantry; Walk-In Closet(s) Levels: Two Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Equipment Included; In Ground; Pool/Spa Combo Possession: Close Of Escrow; Negotiable Roof: Barrel Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: Tax Reflects No Exemptions Utilities: Cable Available View: Water Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront; Navigable Water; Seawall Window Features: Arched; Blinds Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Balcony; Deck Balcony Details: Balcony - Open Room Types: Den; Florida 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
38500000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
49
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
Elementary School
Miami Beach South Pointe
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Special Assessment YN
No
Parcel Number
0242050010140
Subdivision Number
Yes
Zoning
2200
Flood Zone
AE

Financial Information

Membership Fee Required YN
Yes
Tax Annual Amount
215744
Tax Year
2024
Tax Legal Description
PALM ISLAND PB 6-54 LOT 14 & 20FT STRIP IN BAY BLK 1 LOT SIZE 100.000 X 300 OR 11020-577 0580 6 COC 22886-2344 12 2004 1

Status Change Information

Major Change Timestamp
2026-04-01T21:58:59Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-01T21:58:59Z
Status Change Date
2024-12-02

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Boat and Dock Information

Dock
Yes

Pool Size Details

Pool Size (WxL)
38x17

Storm Protection

Impact Glass
Complete

Price Calculations

Current Price To SqFt
3175.02

Section Details

Parcel Number MLX
0140

Originating Details

Originating System Key
404016586
Originating System ID
M00000151

Room Information

Room Name
Den
Florida Room
Maid/In-Law Quarters
Media Room
Sauna
Laundry
IDX
Listing Office: One Sotheby's International Realty
Last Updated: August - 25 - 2026
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