$60,000,000
NEW CONSTRUCTION

Estimated payment $346,215/month

Total Views 42,010
9 Beds
15 Baths
15,132 Sq Ft
$3,965 Price per Sq Ft

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • South Pointe Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • 1-minute walk to Palm Island Park

About This Home

One of the finest custom-built homes on its way to completion adorned with intricate design in marble, wood and brass works. Kobi Karp architecture in collaboration with Argent Design working together to create this innovative, visually stunning Stately estate with finishes and details of the highest quality. Unique large open Club room with private rooftop pool, detached guest house with gym and therapy room. 9 bedrooms, 4 car garage with lifts, theater, office, butler’s kitchen, and laundry. Fully automated smart home, Crestron touchscreens and Lutron keypads. Italian doors and mill work, custom lighting, marble wine display, and rooftop terrace with breathtaking panoramic views of Downtown and South Beach. Located on prestigious gated and
police protected Palm Island.

Listing Agent

Albert Justo

One Sotheby's International Re License #3070592

One Sotheby's International Re

Co-Listing Agent

Mirce Curkoski

One Sotheby's International Re License #3187828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,972

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.69 Acre Lot
  • 100 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Property is zoned 2200

Parking

  • 4 Car Garage
  • Attached Carport
  • Driveway
  • Open Parking

Interior Spaces

  • 15,132 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Home Theater
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Heated Above Ground Pool

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-001-0352

Community Details

Overview

  • No Home Owners Association
  • Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,972

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Directions: Palm Island Miami Beach.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PALM ISLAND
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Other, Pantry, Walk-In Closet(s), Media Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 4
  • Total Bedrooms: 9
  • Door Features: High Impact Doors
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 15132
  • Other Equipment: Elevator
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Media Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Built-In Grill, Open Balcony, Other
  • Direction Faces: Southeast
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground, In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM ISLAND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Private Roads

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-05-001-0352
  • Lot Size Sq Ft: 30000
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 135972

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $175,102 $9,183,900 -- --
2023 $175,102 $8,349,000 $0 $0
2022 $154,826 $7,590,000 $0 $0
2021 $135,617 $6,900,000 $6,900,000 $0
2020 $135,972 $6,900,000 $6,900,000 $0
2019 $136,103 $6,900,000 $6,900,000 $0
2018 $132,049 $6,900,000 $6,900,000 $0
2017 $134,008 $6,900,000 $0 $0
2016 $136,057 $6,900,000 $0 $0
2015 $150,899 $6,409,614 $0 $0
2014 $139,324 $5,826,922 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 For Sale $60,000,000 +597.7% $3,965 / Sq Ft
07/20/2015 07/20/15 Sold $8,600,000 0.0% $1,083 / Sq Ft
04/16/2015 04/16/15 Off Market $8,600,000 -- --
03/31/2015 03/31/15 Price Changed $10,450,000 -5.0% $1,316 / Sq Ft
01/23/2015 01/23/15 Price Changed $11,000,000 -7.6% $1,385 / Sq Ft
01/16/2015 01/16/15 Price Changed $11,900,000 -7.8% $1,499 / Sq Ft
06/05/2014 06/05/14 Price Changed $12,900,000 -7.2% $1,625 / Sq Ft
05/07/2014 05/07/14 Price Changed $13,900,000 -7.3% $1,751 / Sq Ft
01/20/2014 01/20/14 For Sale $15,000,000 +41.2% $1,889 / Sq Ft
02/06/2013 02/06/13 Sold $10,625,000 -7.6% $1,338 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
11/30/2011 11/30/11 For Sale $11,500,000 -- $1,448 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $8,600,000 Attorney
Warranty Deed $10,625,000 Attorney
Warranty Deed $9,750,000 Attorney
Quit Claim Deed $100,000 --
Quit Claim Deed $100,000 --
Warranty Deed $7,750,000 Lenders Title Services
Interfamily Deed Transfer -- --
Warranty Deed $2,130,000 --
Warranty Deed $855,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,850,000 Purchase Money Mortgage
Previous Owner $6,850,000 Stand Alone Second
Previous Owner $6,200,000 Purchase Money Mortgage
Previous Owner $2,250,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $555,000 Purchase Money Mortgage
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11697102

MIAMI REALTORS® MLS

APN: 02-4205-001-0352