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A11957898, Home in Miami Beach for Sale

16 Palm Ave, Miami Beach, FL, 33139
SALE
$29,500,000
Est. Mortgage: $132,651/mo Get pre-qualified
172 of 198 for Sale
6Beds
6.5 Baths
9,209 ft2 (856 m2)
Lot Size 35,348 ft2 (3,284 m2)
Listed on: Feb 3, 2026
Days on Market: 17
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Description

Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island`s rare amenities: playground, tennis and basketball courts.

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A11957898 Condo # for Sale in Miami Beach, Miami Beach
  • Listed on:

    Feb 3, 2026
  • Days on Market:

    17
  • Taxes:

    $320,750 per year
  • Tax Year:

    2025
  • Year Built:

    1930
  • Occupancy:

    n/a
  • Parking:

    • Garage Spaces

      2
    • Open Parking

      Yes
    • Covered Spaces

      2
    • Parking Features

      Driveway
  • Interior:

    • Flooring

      Ceramic Floor, Wood
    • Appliances

      Dishwasher, Dryer, Electric Range, Refrigerator, Washer
    • Cooling

      Central Air
    • Heating

      Central
    • Interior Features

      First Floor Entry, Cooking Island, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room
    • Window Features

      High Impact Windows
  • Exterior:

    • View

      Bay
    • Architectural Style

      Detached, Two Story
    • Construction Materials

      Concrete Block Construction
    • Exterior Features

      Open Balcony
    • Patio And Porch Features

      Open Balcony
    • Direction Faces

      Northwest
    • Waterfront Features

      Ocean Access
    • Frontage Type

      Bay
    • Pool Features

      In Ground
    • Roof

      Barrel Roof
  • Community:

    • Subdivision Name

      PALM ISLAND
    • Typeof Association

      Voluntary
    • Community Features

      Voluntary Hoa
  • LOT:

    • Lot Features

      3/4 To Less Than 1 Acre Lot
    • Lot Size Square Feet

      35,348
    • Lot Size Units

      Square Feet

Description

Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island`s rare amenities: playground, tennis and basketball courts.
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