Estimated payment $179,255/month
Total Views
25,832
6
Beds
6.5
Baths
9,209
Sq Ft
$3,030
Price per Sq Ft
Highlights
- Property has ocean access
- Deeded Boat Dock
- Home fronts navigable water
- South Pointe Elementary School Rated A-
- Guest House
- 5-minute walk to Central Park
About This Home
This Mediterranean Revival estate seamlessly blends classic architecture with modern luxury. Fully renovated in 2009, the home sits on a sprawling 35,348 sq. ft. lot on prestigious Palm Island, offering 220’ of prime south-facing waterfront capable of accommodating yachts up to 205’. A spacious addition includes a luxurious primary suite, chef’s kitchen, and family wing. Exceptional amenities include a home theater, gym, steam rooms, bocce court, wine cellar, heated pool, spa, private beach, and a serene courtyard. A separate guest house, smart home technology, lighting controls, and solar panels complete this lush, gated haven. Surrounded by exotic landscaping, this estate embodies sophistication and privacy in the exclusive, police-guarded Palm Island community.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $282,402
Year Built
- Built in 1930
Lot Details
- 0.81 Acre Lot
- 220 Ft Wide Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Southeast Facing Home
- Property is zoned 2200
Parking
- 2 Car Garage
- Garage Apartment
- Circular Driveway
- Guest Parking
- Open Parking
Home Design
- Mediterranean Architecture
- Concrete Roof
Interior Spaces
- 9,209 Sq Ft Home
- 2-Story Property
- Built-In Features
- Great Room
- Family Room
- Home Theater
- Den
- Bay Views
- High Impact Door
Kitchen
- Self-Cleaning Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
- In-Law or Guest Suite
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Property has ocean access
- Seawall
- Boat Lift
- Deeded Boat Dock
Additional Features
- Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0240
Community Details
Overview
- Property has a Home Owners Association
- Palm Island Subdivision
Recreation
- Tennis Courts
Additional Features
- Picnic Area
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $235,130 | $12,466,795 | -- | -- |
| 2023 | $235,130 | $11,333,450 | $0 | $0 |
| 2022 | $209,493 | $10,303,137 | $0 | $0 |
| 2021 | $183,240 | $9,366,489 | $8,130,040 | $1,236,449 |
| 2020 | $183,998 | $9,380,707 | $8,130,040 | $1,250,667 |
| 2019 | $184,451 | $9,394,926 | $8,130,040 | $1,264,886 |
| 2018 | $179,232 | $9,409,146 | $8,130,040 | $1,279,106 |
| 2017 | $173,426 | $8,706,773 | $0 | $0 |
| 2016 | $166,925 | $7,915,249 | $0 | $0 |
| 2015 | $153,011 | $7,195,681 | $0 | $0 |
| 2014 | $137,998 | $6,541,529 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | For Sale | $27,900,000 | -- | $3,030 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $11,000,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $6,265,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $5,600,000 | Credit Line Revolving | |
| Previous Owner | $622,000 | New Conventional |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11706868
APN: 02-4205-001-0240
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