FOR SALENEW CONSTRUCTION0.73 ACRES
40 Palm Ave
Miami Beach, FL 33139
Palm Island
8 Beds
13 Baths
14,930 sqft (on 0.73 acres)
- 8 Beds
- 13 Baths
- 14,930 sqft (on 0.73 acres)
8 Beds
13 Baths
14,930 sqft
(on 0.73 acres)
Local Information
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Commute Destination
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.
Home Highlights
Parking
Garage
Outdoor
Deck, Pool
View
Bay, Intracoastal View, Ocean, Water
HOA
None
Price/Sqft
$3,248
Listed
152 days ago
Home Details for 40 Palm Ave
Interior Features |
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Interior Details Wet Bar |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 13Number of Bathrooms (full): 9Number of Bathrooms (half): 4 |
Dimensions and Layout Living Area: 14930 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, WasherDishwasherDisposalDryerLaundry: Utility Room/LaundryMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: FireplaceHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact GlassDoor: High Impact DoorsFlooring: Other |
Levels, Entrance, & Accessibility Stories: 2Entry Location: First Floor EntryElevatorFloors: Other |
View Has a ViewView: Bay, Intracoastal View, Ocean, Water |
Exterior Features |
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Exterior Home Features Roof: ConcretePatio / Porch: DeckFencing: FencedOther Structures: Guest HouseExterior: Built-in Barbecue, Lighting, Open BalconyHas a Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Driveway,Electric Vehicle Charging Station(s) |
Pool Pool: In GroundPool |
Frontage WaterfrontWaterfront: Ocean Access, Intracoastal Front, Navigable Water, WF/Pool/Ocean AccessFrontage Type: Bay/HarborOn Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Frontage Length: 100Not Allowed to Raise Horses |
Days on Market |
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Days on Market: 152 |
Property Information |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: House, DetachedArchitecture: House,Detached |
Building Building Name: Palm IslandIs a New Construction |
Property Information Condition: New ConstructionParcel Number: 0242050010270 |
Price & Status |
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Price List Price: $48,500,000Price Per Sqft: $3,248 |
Status Change & Dates Possession Timing: Funding |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: Miami BeachCommunity: Palm Island |
School Information Elementary School: South PointeJr High / Middle School: NautilusHigh School: Miami Beach |
Agent Information |
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Listing Agent Listing ID: A11476859 |
Building |
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Building Area Building Area: 16968 Square Feet |
Community |
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Community Features: Security Patrol, Voluntary Hoa, Gated Community |
HOA |
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Association for this Listing: A-Miami Association of REALTORSHas an HOA |
Lot Information |
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Lot Area: 0.73 acres |
Offer |
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Listing Terms: All Cash, Conventional |
Compensation |
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Buyer Agency Commission: 2.5%Buyer Agency Commission Type: %Sub Agency Commission: 2.5%Sub Agency Commission Type: %Transaction Broker Commission: 2.5%Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: A11476859Water ViewWater View: Bay, Intracoastal View, Ocean, Water |
Additional Information |
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Security PatrolVoluntary HoaGated Community |
Last check for updates: about 6 hours ago
Listing courtesy of Liz Hogan, (305) 804-9700
Compass Florida, LLC
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11476859
Price History for 40 Palm Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/27/2023 | $48,500,000 | Listed For Sale | MIAMI #A11476859 |
| 11/03/2019 | $24,000,000 | ListingRemoved | Agent Provided |
| 11/01/2019 | $24,000,000 | Listed For Sale | Agent Provided |
| 08/22/2017 | $24,000,000 | ListingRemoved | Agent Provided |
| 11/29/2014 | $24,000,000 | Listed For Sale | Agent Provided |
| 02/20/2013 | $5,400,000 | Sold | N/A |
| 12/12/2012 | $5,900,000 | Pending | Agent Provided |
| 10/21/2011 | $5,900,000 | Listed For Sale | Agent Provided |
| 04/23/2011 | $6,900,000 | ListingRemoved | Agent Provided |
| 01/16/2009 | $6,900,000 | Listed For Sale | Agent Provided |
| 06/05/2007 | $4,000,000 | Sold | N/A |
| 08/18/2004 | $3,650,000 | Sold | N/A |
| 03/15/1994 | $850,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $186,581 |
| Assessment | $11,200,000 |
Home facts updated by county records
Comparable Sales for 40 Palm Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $9,000,000 | 09/12/23 | 7 | 8 | 6,491 | |
0.54 | Single-Family Home | $57,000,000 | 09/14/23 | 9 | 12 | 19,778 | |
0.42 | Single-Family Home | $7,550,000 | 12/13/23 | 6 | 7 | 5,928 | |
0.56 | Single-Family Home | $35,000,000 | 08/10/23 | 6 | 9 | 9,747 | |
0.49 | Single-Family Home | $13,000,000 | 09/29/23 | 6 | 8 | 7,924 | |
0.35 | Single-Family Home | $14,250,000 | 06/30/23 | 6 | 8 | 4,052 | |
0.44 | Single-Family Home | $6,920,000 | 03/06/24 | 7 | 5 | 3,795 | |
0.43 | Single-Family Home | $17,200,000 | 05/31/23 | 6 | 7 | 4,896 | |
0.36 | Single-Family Home | $5,100,000 | 09/06/23 | 4 | 4 | 2,894 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Liz Hogan, Compass Florida, LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
40 Palm Ave, Miami Beach, FL 33139 is a 8 bedroom, 13 bathroom, 14,930 sqft single-family home built in 2023. 40 Palm Ave is located in Palm Island, Miami Beach. This property is currently available for sale and was listed by MIAMI on Nov 27, 2023. The MLS # for this home is MLS# A11476859.