Estimated payment $863,653/month
Highlights
- Ocean View
- Property has ocean access
- Guest House
- South Pointe Elementary School Rated A-
- Deeded Boat Dock
- 1-minute walk to Palm Island Park
About This Home
Introducing THE PALM COMPOUND, featuring 35,385 gated interior sqft on a 90,000 sqft lot with 300 linear feet on the water with multiple docks for yachts.
The compound includes three mansions side-by-side, and gives full flexibility with room for staff, guests and security. Meticulously designed with the highest quality materials and an unwavering commitment to detail. With a grand total of 21 bedrooms, 25 full + 6 half bathrooms, 3 swimming pools, lush gardens and docks for multiple mega yachts Every space is a testament to luxury and the owner can fit close to 20 cars within the compound
This compound is not just a property; it’s a lifestyle of unparalleled elegance and refinement. Seize this rare opportunity to own the most private and secure paradise on Palm Island.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $317,310
Year Built
- Built in 2014
Lot Details
- 2.07 Acre Lot
- 300 Ft Wide Lot
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- South Facing Home
- Property is zoned ¤2200
Parking
- 10 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
- Open Parking
Property Views
- Ocean
- Bay
Interior Spaces
- 35,385 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Family Room
- Formal Dining Room
- Den
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
- Snack Bar or Counter
Bedrooms and Bathrooms
- 21 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Boat Lift
- Deeded Boat Dock
- Balcony
- Patio
- Exterior Lighting
- Outdoor Grill
Additional Features
- Accessible Elevator Installed
- Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0520
Community Details
Overview
- Property has a Home Owners Association
- Palm Island Subdivision
- Maintained Community
Recreation
- Tennis Courts
Security
- Security Service
- Gated Community
Map
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 | $262,963 | $14,274,894 | -- | -- |
| 2023 | $262,963 | $12,977,177 | $0 | $0 |
| 2022 | $224,590 | $11,797,434 | $6,300,000 | $5,497,434 |
| 2021 | $212,602 | $10,887,172 | $5,400,000 | $5,487,172 |
| 2020 | $214,293 | $10,945,545 | $5,400,000 | $5,545,545 |
| 2019 | $150,491 | $7,683,274 | $0 | $0 |
| 2018 | $143,312 | $7,540,014 | $0 | $0 |
| 2017 | $142,465 | $7,384,931 | $0 | $0 |
| 2016 | $141,738 | $7,233,038 | $0 | $0 |
| 2015 | $143,040 | $7,182,759 | $0 | $0 |
| 2014 | $100,572 | $1,105,476 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $150,000,000 | +979.1% | $4,239 / Sq Ft |
| 04/22/2019 04/22/19 | Sold | $13,900,000 | -22.1% | $1,122 / Sq Ft |
| 08/27/2018 08/27/18 | Price Changed | $17,850,000 | -5.8% | $1,441 / Sq Ft |
| 12/18/2017 12/18/17 | For Sale | $18,950,000 | -- | $1,530 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $13,900,000 | Attorney | |
| Warranty Deed | $850,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | Unknown | |
| Previous Owner | $6,700,000 | Credit Line Revolving | |
| Previous Owner | $5,925,003 | Stand Alone First | |
| Previous Owner | $916,000 | Unknown | |
| Previous Owner | $550,000 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11729636
APN: 02-4205-001-0520
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