Estimated payment $232,452/month
Total Views
37,652
8
Beds
10
Baths
11,307
Sq Ft
$3,405
Price per Sq Ft
Highlights
- Property has ocean access
- Private Dock
- 2 Bedroom Guest House
- South Pointe Elementary School Rated A-
- Guest House
- 4-minute walk to Central Park
About This Home
Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $215,744
Year Built
- Built in 1926
Lot Details
- 0.69 Acre Lot
- 100 Ft Wide Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- South Facing Home
- Property is zoned 2200
Parking
- 8 Car Garage
- Automatic Garage Door Opener
- Circular Driveway
- Guest Parking
- Open Parking
Home Design
- Substantially Remodeled
- Barrel Roof Shape
Interior Spaces
- 11,307 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Awning
- Blinds
- Arched Windows
- French Doors
- Entrance Foyer
- Formal Dining Room
- Home Theater
- Den
- Sun or Florida Room
- Sauna
- Bay Views
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 8 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
- In-Law or Guest Suite
- Bidet
- Dual Sinks
- Jettted Tub and Separate Shower in Primary Bathroom
- Bathtub
Laundry
- Laundry in Utility Room
- Dryer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
Pool
- In Ground Pool
- Pool Equipment Stays
Outdoor Features
- Property has ocean access
- Seawall
- Boat Lift
- Private Dock
- Balcony
- Deck
- Exterior Lighting
Additional Homes
- Guest House
- 2 Bedroom Guest House
- Two Bathroom Guest House
- Guest House Includes Living Room
- Guest House Includes Kitchen
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0140
Community Details
Overview
- No Home Owners Association
- Club Membership Required
- Palm Island Subdivision
Recreation
- Tennis Courts
Additional Features
- Clubhouse
- 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 | $176,848 | $9,283,341 | -- | -- |
| 2023 | $176,848 | $8,439,401 | $0 | $0 |
| 2022 | $156,462 | $7,672,183 | $0 | $0 |
| 2021 | $137,060 | $6,974,712 | $6,900,000 | $74,712 |
| 2020 | $137,422 | $6,974,869 | $6,900,000 | $74,869 |
| 2019 | $137,557 | $6,975,026 | $6,900,000 | $75,026 |
| 2018 | $127,988 | $6,975,183 | $6,900,000 | $75,183 |
| 2017 | $122,832 | $5,928,742 | $0 | $0 |
| 2016 | $118,333 | $5,389,766 | $0 | $0 |
| 2015 | $107,544 | $4,899,788 | $0 | $0 |
| 2014 | $95,953 | $4,454,353 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2024 12/02/24 | For Sale | $38,500,000 | -- | $3,405 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,870,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,520,000 | Unknown | |
| Closed | $1,200,000 | Unknown |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11702121
APN: 02-4205-001-0140
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