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$35,900,000
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Property Description
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
Full Property Details
Full Property Details for 49 Palm
General
- Price: $35,900,000
- Taxes: $215,744 (2024)
- Status: Active
- Type: Single Family
- Source: Martin_County
- MLS ID: A11702121
- Updated: 9/3/2026
- Added to Site: 640 day(s) ago
Interior
- Interior Features: Bidet, Bathtub, Closet Cabinetry, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Pantry, Sitting Area in Primary, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Built-In Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave
- Furnishings: Partially
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 7
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Pool Equipment
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Awning(s), Balcony, Deck, Sprinkler/Irrigation
- Porch/Patio/Deck: Balcony, Deck, Open
Parking
- Garage: Yes
- Covered Spaces: 8
- Total Spaces: 8
- Parking Features: Circular Driveway, Covered, Detached, Garage, Guest, Garage Door Opener
Location
- Area: 2420
- County: Miami-Dade
- Subdivision: PALM ISLAND
- Direction Faces: South
Community
- Community Name: 2420
- Pets Allowed: Yes
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available, Water Connected
Structural Information
- Property Detached: Yes
- Construction: Block, Concrete
- Roof: Barrel
- Windows: Arched, Blinds, Storm Window(s)
- Square Feet: 11,307
- Living Area: 11,307 Sq. Ft.
- Year Built: 1926
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Bay
- Lot Size (Sq. Ft.): 30,000
- Lot Dimensions: 30000
- Lot Features: Sprinklers Automatic
- Zoning: 2200
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront, Navigable Water, Ocean Access, Seawall, Boat Ramp/Lift Access
Financial Considerations
- Tax Amount: $215,744
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PALM ISLAND PB 6-54 LOT 14 & 20FT STRIP IN BAY BLK 1 LOT SIZE 100.000 X 300 OR 11020-577 0580 6 COC 22886-2344 12 2004 1
- Property ID: 02-42-05-001-0140
Listed by One Sotheby's International Realty
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Schools
Schools serving 49 Palm
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 1.3 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49 Palm
Date
Details
Price
Change
Source
12/02/2024
Listed
$35,900,000
637.17%
MLS
12/08/2004
Sold
$4,870,000
—
Public Record
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 49 Palm
Year
Property Taxes
Change
Tax Assessment
Change
2025
$246,853
14%
$10,211,675
-32%
2024
$215,744
22%
$15,095,842
42%
2023
$176,848
29%
$10,595,999
52%
2021
$137,060
-12%
$6,974,712
-23%
2022
$156,462
14%
$9,096,156
30%
2021
$137,060
—
$6,974,869
—
2019
$137,557
7%
$6,975,026
7%
2018
$127,988
4%
$6,521,616
-7%
2017
$122,832
4%
$6,975,340
29%
2016
$118,333
10%
$5,389,766
10%
2015
$107,544
12%
$4,899,788
10%
2014
$95,952
14%
$4,454,353
10%
2013
$83,977
—
$4,049,412
—
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 49 Palm
49 Palm, Miami Beach, FL 33139 (MLS# A11702121) is a Single Family property with 8 bedrooms, 7 full bathrooms and 3 partial bathrooms. 49 Palm is currently listed for $35,900,000 and was received on December 02, 2024. Want to learn more about 49 Palm? Do you have questions about finding other Single Family real estate for sale in Palm Island? You can browse all Palm Island real estate or contact a Coldwell Banker agent to request more information.

