40 Palm Avenue, Miami Beach, FL 33139

$40,000,000

Virtual Tour

https://drive.google.com/file/d/1PKXWWA7p5ij8KWouHHY5CQ8W6Al_WtJp/view?usp=drive_link

Property Type: Residential Bedrooms: 8 Baths: 13 Square Footage: 16,968 Status: Closed

Current Price: $40,000,000 List Date: 11/27/2023 Last Modified: 3/24/2026

Overview

Description

Discover this exquisite waterfront new construction masterpiece, designed by renowned Tropical Modern architect, Cesar Molina. The interior features are truly exceptional, with Mia Cucina cabinetry, Wolf + Subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful Miami Skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.

Listing Details MLS# A11476859

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 13
Bathrooms Full: 9
Bathrooms Half: 4
Building Area Main: 16968
Living Area Main: 14930
Year Built: 2023
Garage YN: Yes
Garage Spaces: 4
Covered Spaces: 4
Lot Size Area: 32000
Lot Size Acres: 0.73
Senior Community YN: No
Guest House YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 100
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: Northeast
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
Furnished: Negotiable

Property Features

Association Amenities: Gated; Security Dining Area: Eat-In Kitchen; Formal Dining; Kitchen Dining Exterior Features: Built-in Barbecue; Lighting Flooring: Other Guest House Features: 1 Bath; 1 Bedrooms; Kitchen Parking Features: Driveway; Electric Vehicle Charging Station(s); Detached; Detached Garage; Garage Property Condition: New Construction Spa Features: In Ground Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Refrigerator; Washer Architectural Style: Contemporary Boat and Dock Features: Private Dock Construction Materials: Block Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Built-in Features; Closet Cabinetry; Elevator; High Ceilings; Kitchen Island; Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Pool Features: In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Concrete Security Features: Security Patrol Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions View: Water Water Source: Public; Well Water View: Bay; Intracoastal; Ocean Waterfront Features: Bayfront; Intracoastal; Navigable Water Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Deck Balcony Details: Balcony - Open Room Types: Den; Family 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: 48500000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 40
Street Name: Palm
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5138
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
Parcel Number: 0242050010270
Subdivision Number: Yes
Zoning: 2200
Flood Zone: AE

Financial Information

Association YN: Yes
Association Membership: Voluntary
Membership Fee Required YN: No
Tax Annual Amount: 164952
Tax Year: 2022
Tax Legal Description: PALM ISLAND PB 6-54 LOT 30 BLK 1 & A TRACT OF LAND 20FT WIDE & ADJ ABUTTING ON THE SEAWARD SIDE OF LOT 30 LOT SIZE 32000 SQ FT OR 16284-0102

Remarks and Miscellaneous

Public Historical Remarks: Boat Services: Private Dock

More Information

Status Change Information

Major Change Timestamp: 2024-05-08T22:50:14Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-27T19:57:46Z
Status Change Date: 2024-05-08
Under Contract Date: 2024-04-22
Close Date: 2024-05-08
Close Price: 40000000
Buyer Financing: Cash

Entry Information

Entry Level: Yes

Boat and Dock Information

Dock: Yes

Storm Protection

Impact Glass: Complete
Permanent Generator: Whole House

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 2679.17

Section Details

Parcel Number MLX: 0270

Originating Details

Originating System Key: 387934855
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Association Amenities

Gated: Yes
Security: Yes

Dining Area

Eat-In Kitchen: Yes
Formal Dining: Yes
Kitchen Dining: Yes

Exterior Features

Built-in Barbecue: Yes
Lighting: Yes

Flooring

Other: Yes

Guest House Features

1 Bath: Yes
1 Bedrooms: Yes
Kitchen: Yes

Parking Features

Driveway: Yes
Electric Vehicle Charging Station(s): Yes
Detached: Yes
Detached Garage: Yes
Garage: Yes

Property Condition

New Construction: Yes

Spa Features

In Ground: Yes

Fencing

Fenced: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

View

Water: Yes

Heating

Central: Yes

Water View

Bay: Yes
Intracoastal: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Block: Yes

Interior Features

Bar: Yes
Built-in Features: Yes
Closet Cabinetry: Yes
Elevator: Yes
High Ceilings: Yes
Kitchen Island: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

In Ground: Yes

Roof

Concrete: Yes

Security Features

Security Patrol: Yes

Water Source

Public: Yes
Well: Yes

Waterfront Features

Bayfront: Yes
Intracoastal: Yes
Navigable Water: Yes

Architectural Style

Contemporary: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Bidet: Yes
Dual Sinks: Yes
Master Bdrm - Ground: Yes
Separate Shower: Yes
Separate Tub: Yes

Pool Size Details

Pool Size (WxL): No

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes

Balcony Details

Balcony - Open: Yes

Room Types

Den: Yes
Family Room: Yes
Laundry: Yes
Maid/In-Law Quarters: Yes
Media Room: Yes
Sauna: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes

Room Information

Room Name
Den
Family Room
Maid/In-Law Quarters
Media Room
Sauna
Laundry

Listing Office: Compass Florida, LLC

Last Updated: March - 24 - 2026

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