Estimated payment $260,228/month
Total Views
128,963
9
Beds
8.5
Baths
13,144
Sq Ft
$3,271
Price per Sq Ft
Highlights
- Property has ocean access
- Private Dock
- Property Fronts a Bay or Harbor
- South Pointe Elementary School Rated A-
- Guest House
- 4-minute walk to Central Park
About This Home
In a league of its own, this modern estate redefines luxury living on guard gated Palm Island. Nestled on an expansive 32,000 SF lot, enjoy 9 beds 8/1 baths perfectly set on 13,144 SF of total area. The chef’s kitchen is an epicurean delight w top of the line appliances, water views and walk in refrigerator. The expansive primary suite features private balcony, oversized closets, marble bathroom and private balcony. Entertaining is elevated to an art form with numerous outdoor areas thoughtfully integrated into the estate's design all with bay and skyline views. Highlights include wine cellar, movie theater, gym, staff area with dual rooms, pet room and elevator. Private dock, 100 feet of water frontage and direct ocean access complete this masterpiece. When only the best will do.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $242,730
Year Built
- Built in 2013
Lot Details
- 0.73 Acre Lot
- 100 Ft Wide Lot
- Property Fronts a Bay or Harbor
- North Facing Home
- Property is zoned 2200
Parking
- 4 Car Attached Garage
- Electric Vehicle Home Charger
- Driveway
- Open Parking
Property Views
- Bay
- Garden
- Pool
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 13,144 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Great Room
- Family Room
- Formal Dining Room
- Den
- High Impact Door
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 9 Bedrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Private Dock
- Balcony
- Exterior Lighting
- Outdoor Grill
Additional Features
- Accessible Elevator Installed
- Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0260
Community Details
Overview
- No Home Owners Association
- Palm Island Subdivision
- Maintained Community
Recreation
- Tennis Courts
Security
- Security Service
- 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 | $269,696 | $14,958,341 | -- | -- |
| 2023 | $269,696 | $13,598,492 | $0 | $0 |
| 2022 | $242,730 | $12,362,266 | $0 | $0 |
| 2021 | $219,384 | $11,238,424 | $7,360,000 | $3,878,424 |
| 2020 | $220,772 | $11,280,211 | $7,360,000 | $3,920,211 |
| 2019 | $221,795 | $11,321,999 | $7,360,000 | $3,961,999 |
| 2018 | $215,987 | $11,363,787 | $7,360,000 | $4,003,787 |
| 2017 | $219,808 | $11,405,573 | $0 | $0 |
| 2016 | $213,944 | $10,584,423 | $0 | $0 |
| 2015 | $198,759 | $9,622,203 | $0 | $0 |
| 2014 | $183,794 | $8,747,458 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Price Changed | $43,000,000 | +7.8% | $3,271 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $39,900,000 | -7.2% | $3,036 / Sq Ft |
| 08/16/2023 08/16/23 | For Sale | $43,000,000 | +760.0% | $3,271 / Sq Ft |
| 10/19/2012 10/19/12 | Sold | $5,000,000 | -54.5% | $1,515 / Sq Ft |
| 09/25/2012 09/25/12 | For Sale | $11,000,000 | -- | $3,333 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Unlimited Title Group | |
| Warranty Deed | $5,000,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $4,000,000 | Attorney | |
| Warranty Deed | $5,000,000 | -- | |
| Special Warranty Deed | $3,500,000 | -- | |
| Deed | $1,160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $12,000,000 | New Conventional | |
| Previous Owner | $2,100,000 | Stand Alone First | |
| Previous Owner | $2,100,000 | Unknown |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11436984
APN: 02-4205-001-0260
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