49 Palm Avenue, Miami Beach, FL 33139

$35,900,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11702121

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: 5/31/2026

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
Membership Fee Amount: 0

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
Okay To Lease: Yes

Boat and Dock Information

Dock: Yes

Pool Size Details

Pool Size (WxL): 38x17

Storm Protection

Impact Glass: Complete

Section Details

Parcel Number MLX: 0140

Originating Details

Originating System Key: 404016586
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Amenities

Clubhouse: Yes
Tennis Court(s): Yes

Association Amenities

Gated: Yes

Dining Area

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

Electric

Circuit Breakers: Yes

Exterior Features

Awning(s): Yes
Lighting: Yes

Flooring

Marble: Yes
Wood: Yes

Guest House Features

2 Baths: Yes
2 Bedrooms: Yes
Kitchen: Yes
Living Room: Yes

Parking Features

Circular Driveway: Yes
Covered: Yes
Garage Door Opener: Yes
Guest: Yes
Detached: Yes
Detached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Spa Features

In Ground: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

View

Water: Yes

Heating

Central: Yes
Electric: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Bay: Yes

Window Features

Arched: Yes
Blinds: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free-Standing Freezer: Yes
Gas Range: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes

Construction Materials

Block: Yes

Interior Features

Bedroom Layout - Split: Yes
Closet Cabinetry: Yes
Elevator: Yes
Entrance Foyer: Yes
French Doors: Yes
High Ceilings: Yes
Pantry: Yes
Walk-In Closet(s): Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Equipment Included: Yes
In Ground: Yes
Pool/Spa Combo: Yes

Roof

Barrel: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Waterfront Features

Bayfront: Yes
Navigable Water: Yes
Seawall: Yes

Water Heater Details

Gas Water Heater: Yes

Boat and Dock Features

Lift: Yes
Private Dock: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Bidet: Yes
Dual Sinks: Yes
Master Bdrm - Sitting: Yes
Master Bdrm - Upstairs: Yes
Separate Shower: Yes
Separate Tub: Yes
Whirlpool Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

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
Florida 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
Florida Room
Maid/In-Law Quarters
Media Room
Sauna
Laundry

Listing Office: One Sotheby's International Realty

Last Updated: May - 31 - 2026

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