Single Family Residence

49 Palm Ave

Miami Beach, FL 33139

$35,900,000

Beds: 8
Baths: 7 + 3 half
Sq ft: 11,307
Year built: 1926
Price per sq ft: $3,175

Listing courtesy of Jorge Martinez, One Sotheby's International Realty

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

Details

Property

Type: Single Family Residence
Style: Attached, Two Story
Building: WF/Pool/Ocean Access
Year built: 1926
Lot size: 30,000 sq ft
Building name: PALM ISLAND
Subdivision: PALM ISLAND
County: Miami-Dade County
Faces: South
View: Bay, Water
Waterfront: Ocean Access, Navigable Water, Seawall
Flood zone: AE

Interior

Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Free-Standing Freezer, Wall Oven
Flooring: Marble, Wood
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Laundry: Utility Room/Laundry
Features: Closet Cabinetry, Elevator, Entrance Foyer, French Doors, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Sauna, Utility Room/Laundry
Furnished: Partially

Exterior and parking

Exterior: Lighting, Open Balcony
Patio and porch: Awning(s), Deck, Open Balcony
Pool: In Ground, Equipment Stays, Pool/Spa Combo
Parking: Circular Driveway, Covered, Guest
Garage spaces: 8
Construction: Concrete Block Construction
Roof: Barrel Roof

Community and fees

Security: Fire Alarm, Smoke Detector
Pets: Yes
Annual taxes: $215,744
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 25, 2026.