✦Claude's Take — AI Analysis
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…
Location
Where this home sits
49 Palm Avenue, Miami Beach, FL, 33139
This home
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Facts & features
Interior
Bedrooms, bathrooms, heating, and more
Bedrooms & bathrooms
Bedrooms:8
Bathrooms:10
Full bathrooms:7
1/2 bathrooms:3
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Appliances
Included:Gas Water Heater, Dryer, Disposal, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Oven
Features
Entrance Foyer, Elevator, High Ceilings, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry
Flooring:Marble, Wood
Doors:French Doors
Windows:Blinds, Arched
Fireplace:Yes
Interior area
Total structure area:15,182 sqft
Total interior livable area:11,307 sqft
Video & virtual tour
Property
Parking, lot, and exterior features
Parking
Garage spaces:8
Covered spaces:8
Parking features:Circular Driveway, Covered, Garage Door Opener, Guest, Garage, Detached Garage, Detached
Features
Levels:Two
Direction faces:South
Patio & porch:Deck
Exterior features:Awning(s), Lighting, Balcony
Private pool:In Ground, Pool/Spa Combo, Equipment Included
Spa:In Ground
View:Water, Bay
Waterfront:No Fixed Bridge, Ocean Access, Navigable Water, Seawall, Bayfront
Lot
Size:0.69 acres
Details
Parcel number:0242050010140
Zoning:2200
Subdivision:PALM ISLAND
MLS area:2420
Construction
Materials, type, and condition
Type & style
Property type:Residential
Property subtype:Single Family Residence
Materials
Walls:Block
Roof:Barrel
Condition
Resale, Updated/Remodeled
New construction:No
Year built:1926
Utilities
Sewer, water, and electric
Utilities
Available utilities:Cable Available
Electric:Circuit Breakers
Sewer:Public Sewer
Water:Public
Community & HOA
Amenities and fees
Community
Subdivision:PALM ISLAND
Security:Fire Alarm, Smoke Detector(s)
Senior community:Yes
Pets allowed:Yes, No Restrictions
Nearby schools
Schools provided by the listing agent
Schools
Elementary:Miami Beach South Pointe
Middle:Miami Beach Nautilus
High:Miami Beach
Financial & listing details
Pricing, taxes, and terms
Pricing
Price per square foot:$3,175/sqft
Original list price:$38,500,000 (reduced)
Days on market:568 days
Taxes
Annual tax:$215,744
Tax year:2024
Terms
Listing terms:Cash, Conventional
Possession:Close Of Escrow, Negotiable
MLS #A11702121 · Source: Beaches MLS
Courtesy of One Sotheby's International Realty
Listing updated: May 31, 2026