Overview
Closing Costs Calculator- Status: Closed
- Parking 4
- Size: 14,930 ft2/1,387.04 m2
- Price Per: $3,248.49 ft2/$34,966.50 m2
- Type: Single Family Home
- Built: 2023
- HOA: No info
- MLS Number: A11476859
- View Bay, Intercoastal, Ocean, Water
- On Site: 170 days
- Updated: 6 Days Ago
- Page Views: 42
Negotiable furnished Discover this exquisite waterfront new construction masterpiece, designed by renowned Tropical Modern architect, Cesar Molina. The interior features are truly exceptional, with Mia Cucina cabinetry, Wolf + Subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful Miami Skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Gated
- Home Owners Association
- Park
- Tennis Court
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/08/2024 | Sold | $40,000,000.00 | 17.5% | $2,357.38 ft2/$25,374.62 m2 |
| 11/27/2023 | Listed | $48,500,000.00 | $2,858.32 ft2/$30,766.73 m2 |
Features
Property Details for 40 Palm Ave, South Beach, FL 33139
Palm Island, Single Family Home current status is Closed, 40 Palm Ave is a Single Family Home in , South Beach, FL 33139 with property MLS ID# A11476859.
This 16968square foot Single Family Home sits on a 32000 square foot lot and features 8 bedrooms and 11 bathrooms. This Single Family Home has been listed on Best of Luxury Realty since November 27, 2023 and is currently priced at 48,500,000. This property was built in 2023.
- Bedrooms
- Bedrooms: 8
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 9
- Half Bathrooms: 4
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Balcony, Deck, Fence, Lighting, Outdoor Grill, Security High Impact Doors
- View: Bay, Intercoastal, Ocean, Water
- Interior, Heating and Cooling
- Interior Features: Wet Bar, Bidet, Builtin Features, Bedroomon Main Level, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eatin Kitchen, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Kitchen Dining Combo, Separate Shower, Bar, Walk In Closets, Elevator
- Appliances: Built In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Other
- Windows/Treatment: Impact Glass
- Construction Type: No info
- Year Built: 2023
- Style: Contemporary Modern, Detached, Two Story
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: Bay Front, Intracoastal Access, Navigable Water
- Water Access: Public, Well
- Water Description: No info
- School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
- Other Property Info
- Community Name: Palm Island
- Subdivision Name: PALM ISLAND
- Property Type: Single Family Home
- Property Subtype: Residential
- Type of Association: Homeowners
- Garage Spaces: 4
- Listing Date: 11/27/2023
- Closing Date: 05/08/2024
- Area: 42
- Brokered By: Compass Florida, LLC
- Legal Description: PALM ISLAND PB 6-54 LOT 30 BLK 1 & A TRACT OF LAND 20FT WIDE & ADJ ABUTTING ON THE SEAWARD SIDE OF LOT 30 LOT SIZE 32000 SQ FT OR 16284-0102
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $164,952.00 (2022)
- Real Estate Taxes: No info
- Style Tran: No info
- Special Information: No info
- Security Information: Gated Community, Security Guard
- Pet Restrictions: No info
- Unit Design: No info
- Front Exposure: No info
- Model Name: No info
- Previous List Price: No info
- Parking Description: Driveway, Detached, Electric Vehicle Charging Stations, Garage
Nearest Schools
Mortgage Calculator
Property Price:
$48,500,000.00
Initial Payment:
Interest Rate:
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Compass Florida, LLC. This listing has been viewed 42 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
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