$19,900,000

Estimated payment $130,761/month

Total Views 6,835
0.69 Acre
$28,924,419 Price per Acre
29,969 Sq Ft Lot

Highlights

  • Property has ocean access
  • Private Dock
  • 0.69 Acre Lot
  • South Pointe Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • 4-minute walk to Palm Island Park

About This Lot

Discover the pinnacle of luxury living with this rare 30,000-square-foot lot featuring 100 feet of breathtaking Miami Beach waterfront on the prestigious and guard-gated Palm Island. Immerse yourself in lush tropical surroundings while being just minutes away from the vibrant energy of South Beach, Downtown Miami, and both major and private airports. This exclusive property is ready for you to design and build your dream waterfront estate, where endless possibilities await. Don't miss the opportunity to own a slice of paradise in one of Miami's most sought-after locations.

Listing Agent

Karise Claramonte

Beachfront Realty Inc License #3028230

Beachfront Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $238,837

Year Built

  • 1922

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x300
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Landscaped with Trees
  • Property is zoned 2200

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-001-0080

Community Details

Overview

  • No Home Owners Association
  • Palm Island Condos
  • Palm Island Subdivision

Recreation

  • Property has ocean access
  • Seawall
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$238,837

Year Built

1922

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Take 395 East to Fountain Street. The property is located on the east side of Palm Island. After the guardhouse, take the first right. The land will be on your left, further down the street.
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.688
  • Lot Size: 100x300
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: PALM ISLAND
  • Special Features: VirtualTour
  • Year Built: 1922

Exterior Features

  • Direction Faces: Northeast
  • Lot Features: Build To Suit
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront Features: Intracoastal Front, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM ISLAND

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-05-001-0080
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 30000
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 238837

Map

Range of Values:

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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 $238,680 $11,227,250 -- --
2023 $238,680 $12,348,240 $0 $0
2022 $213,847 $11,225,673 $9,000,000 $2,225,673
2021 $149,810 $7,635,081 $6,900,000 $735,081
2020 $150,309 $7,640,553 $6,900,000 $740,553
2019 $150,560 $7,646,023 $6,900,000 $746,023
2018 $146,181 $7,651,493 $6,900,000 $751,493
2017 $148,423 $7,656,964 $0 $0
2016 $148,081 $7,432,211 $0 $0
2015 $135,397 $6,756,556 $0 $0
2014 $115,389 $5,599,370 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 For Sale $19,900,000 +28.4% --
09/24/2021 09/24/21 Sold $15,500,000 -8.6% $2,065 / Sq Ft
08/31/2021 08/31/21 For Sale $16,950,000 0.0% $2,258 / Sq Ft
07/16/2020 07/16/20 Rented $23,000 -34.3% --
07/10/2020 07/10/20 Under Contract -- -- --
07/08/2019 07/08/19 For Rent $35,000 0.0% --
05/02/2014 05/02/14 Sold $7,975,000 -5.6% $1,307 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
02/03/2014 02/03/14 Price Changed $8,450,000 -5.1% $1,385 / Sq Ft
11/13/2013 11/13/13 For Sale $8,900,000 +19.8% $1,458 / Sq Ft
06/10/2013 06/10/13 Sold $7,431,750 -15.5% $1,218 / Sq Ft
04/16/2013 04/16/13 For Sale $8,800,000 -- $1,442 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $15,500,000 Attorney
Warranty Deed $10,750,000 Attorney
Warranty Deed $7,975,000 Attorney
Deed $7,431,800 Attorney
Warranty Deed $5,650,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,150,000 Commercial
Previous Owner $3,400,000 New Conventional
Source: Public Records

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    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11728871

MIAMI REALTORS® MLS

APN: 02-4205-001-0080