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$5,695,000
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Property Description
Brand new architectural masterpiece awaits on exclusive guard gated Palm Island! This stunning 4-bedroom, 4.5-bathroom home spans 3,077 square feet of contemporary luxury. The open-concept design showcases custom Italian kitchen and closets, while seamless indoor-outdoor flow leads to your private oasis - a contemporary pool embraced by tropical landscaping. Enjoy a 370-sqft rooftop deck delivering jaw-dropping water and skyline sunset views. Island perks include round-the-clock security, gated entry, buried utilities, basketball & tennis courts & children's playground. Conveniently located just minutes away from the Best Shopping & Restaurants that South Beach, Design District & Wynwood have to offer, & cultural attractions like the Pérez Art Museum, Frost Science & Adrienne Arsht center.
Full Property Details
Full Property Details for 291 Palm Ave
General
- Price: $5,695,000
- Taxes: $31,657 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11879924
- Updated: 1/2/2026
- Added to Site: 121 day(s) ago
Interior
- Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom, Walk-In Closet(s), Family Room
- Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Flooring: Other, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Primary Bathroom: Separate Tub & Shower
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
Other Rooms
- Living Room: Family Room Sq. Ft.
- Dining Room: Dining/Living Room, Snack Bar/Counter
Additional Information
- Pool: Yes
- Pool Description: In Ground, 0X0
Exterior
- Exterior Features: Lighting, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, On Street
Location
- Area: Riviera 1st & 2nd Addn Amd
- County: Miami-Dade County
- Subdivision: RIVIERA 1ST & 2ND ADDN AMD, Palm Island
- Building Name: RIVIERA 1ST & 2ND ADDN AMD
- Direction Faces: West
Community
- Community Name: Riviera 1st & 2nd Addn Amd
- Gated community: Yes
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story, Modern/Contemporary
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Windows: Blinds
- Square Feet: 3,077
- Sq. Ft. Source: Owner
- Living Area: 3,077 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Other, Pool
- Lot Size (Sq. Ft.): 6,018
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Financial Considerations
- Price Per Sq. Ft.: $1,850.83
- Tax Amount: $31,657
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: RIVERA 1ST & 2ND ADDN AMD PB 32-37 LOT 55 & PORT OF LOT 56 DESC BEG SELY COR OF LOT 56 TH N 13 DEG E 70FT WLY AD 14.75FT S 08 DEG W 70FT SEL
- Restrictions: Ok To Lease
- Property ID: 02-42-05-002-0465
Listed by Douglas Elliman
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Schools
Schools serving 291 Palm Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 1.9 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 291 Palm Ave
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$5,695,000
-5%
MLS
9/17/2025
Listed
$5,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 291 Palm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,657
52%
$1,684,900
10%
2023
$20,868
-63%
$1,534,462
-45%
2022
$55,749
20%
$2,811,413
23%
2021
$46,601
-8%
$2,289,723
-8%
2020
$50,829
10%
$2,502,002
9%
2019
$46,013
5%
$2,291,809
2%
2018
$43,821
—
$2,249,077
2%
2017
$43,782
172%
$2,202,818
188%
2016
$16,119
2%
$765,960
1%
2015
$15,803
-2%
$760,636
1%
2014
$16,140
1%
$754,600
1%
2013
$15,927
—
$743,449
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 291 Palm Ave
291 Palm Ave, Miami Beach, FL 33139 (MLS# A11879924) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 291 Palm Ave is currently listed for $5,695,000 and was received on September 17, 2025. Want to learn more about 291 Palm Ave? Do you have questions about finding other Single Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

