$20,250,000
Miami Beach, FL 33139
MLS# A11006412
Status: Closed
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Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-02-25
Status: Closed
Original List Price: 25000000
Sold Price: $20,250,000
Current Price: $20,250,000
LP/Acre: 28155339.81
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: 1
Zoning: 2200
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 1.03
Lot Size Square Feet: 45000
Lot Size Dimensions: 150x300
Waterfront YN: 1
Water Frontage Feet: 150
Direction Faces: East
LP/SqFt: 644.44
Remarks and Miscellaneous
Public Historical Remarks: Boat Services: Private Dock
Status Change Information
Major Change Timestamp: 2021-08-09T10:55:42Z
Major Change Type: Status Change
Price Change Timestamp: 2021-04-26T22:37:33Z
Status Change Date: 2021-08-12
Under Contract Date: 2021-06-27
Close Date: 2021-08-09
Close Price: 20250000
Buyer Financing: Cash
SP/Acre: 19660194.17
Boat and Dock Information
Dock: Yes
Boat Dock Accommodates: Over 101 Ft Boat
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0150
Financial Information
Tax Year: 2020
Tax Annual Amount: 220428
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
Originating Details
Originating System Key: 356318842
Originating System ID: M00000151
Property Features
Current Use: Residential; Single Family; Other
Development Status: Recorded Plat
Documents Available: Survey
Location of Property: City Location; Near Airport; Near Seaport
Other Structures: Other
Possession: Negotiable
Sewer: Public Sewer
Trees: Other
Utilities: Electricity Available; Sewer Available; Water Available
Vegetation: Other
Boat and Dock Features: Private Dock
Listing Terms: Cash
Lot Features: Build to Suit; Other
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Water Access: Ocean Access
Water Source: Public
Water View: Bay
Waterfront Features: Bayfront; No Fixed Bridges
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Coldwell Banker Realty
Last Updated: June - 06 - 2026
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