16 Palm Avenue
16 Palm Avenue, Miami Beach, FL 33139
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16 Palm Avenue 16 Palm Avenue, Miami Beach, FL 33139 Sold
$22,850,000
16 Palm Avenue · Star, Palm & Hibiscus Islands · Miami Beach
16 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 1 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 2 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 3 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 4 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 5 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 6 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 7 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 8 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 9 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 10 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 11 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 12 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 13 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 14 of 1516 Palm Avenue, 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 15 of 15
$22,850,000Sold Price
$2,481Per SqFt
6/6½Beds/BathsBd/Ba
9,209SqFt · 855.5 m²
MLS A11706868 · 648 days on Zilbert · Listed Dec 9, 2024 · 16 Palm Avenue, Star, Palm & Hibiscus Islands, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$22,850,000
Last Asking Price$24,900,000
Price per SqFt$2,481
Maintenance fee$0 Monthly
Property Taxes$282,402 2023
Interior Space9,209 SqFt
Beds/Baths6/6½
Year Built1930
Garage2 spaces
PoolYes
Lot Size0.81 acres
Closed Date11/21/2025
MLS #A11706868

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$0maintenance · $0 per month
$23,534taxes · $282,402/yr ÷ 12
$23,534 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

This Mediterranean Revival estate seamlessly blends classic architecture with modern luxury. Fully renovated in 2009, the home sits on a sprawling 35,348 sq. ft. lot on prestigious Palm Island, offering 220’ of prime south-facing waterfront capable of accommodating yachts up to 205’. A spacious addition includes a luxurious primary suite, chef’s kitchen, and family wing. Exceptional amenities include a home theater, gym, steam rooms, bocce court, wine cellar, heated pool, spa, private beach, and a serene courtyard. A separate guest house, smart home technology, lighting controls, and solar panels complete this lush, gated haven. Surrounded by exotic landscaping, this estate embodies sophistication and privacy in the exclusive, police-guarded Palm Island community.

Listed by Venetian International, LLC.

Sales History for This Home · 16 Palm Avenue, Miami Beach, FL 33139

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date
Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by Venetian International, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

Location

Directions

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.