2 months on rocket

112 W Palm Midway, Miami Beach, FL, 33139

$8,495,000

5 Bedrooms
5 Full Baths, 1 Partial
4,781 SqFt
$1,777/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other, On Street
Year Built2022
HeatingCentral
CoolingCentral Air
WaterfrontOther
ViewGarden, Other, Pool
MLS #A11656956
StatusActive

About 112 W Palm Midway

An architectural masterpiece in the exclusive Hibiscus Island. This ultra-luxurious estate features 5 beds + 5.5 baths. Spanning 4,700+ SF of meticulously designed living spaces, blending modern elegance w/ tropical sophistication. Designed for discerning Buyers, estate features white oak flooring, linear diffusers, soaring ceilings, natural light t/o & covered terraces. Gourmet kitchen boasts top-of-the-line appliances, gas stove, custom cabinetry & massive island ideal for entertaining. Primary suite includes a private terrace, spa-like bath w/ dual vanities, soaking tub + oversized walk-in closet. Enjoy the outdoors w/ a stunning pool, wood-planked ceilings & summer kitchen. Just minutes from SoBe, Brickell & Design District, 112 W Palm Midway offers the ultimate Miami Beach lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Other, Two Story
  • Year Built: 2022
  • Stories: 2
  • Living Area: 4,781 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Darin Tansey

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Other, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Tile
  • Interior: Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, First Floor Entry, High Ceilings, Kitchen Island, Other, Pantry, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Garden, Other, Pool
  • Exterior: Balcony, Deck, Security/High Impact Doors, Lighting, Outdoor Grill, Other, Patio

Parking Information:

  • Parking: Driveway, Other, On Street

Virtual/3D Tour

  • 3D Tour: 112 W Palm Midway
3D Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,495,000
  • Price Per SqFt: $1,777/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $21,267
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

112 W Palm Midway vs Miami Beach

83 DAYS ON ROCKET

-14 Days

$8,495,000

+$7.8M More

$1,777/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $7.8M more than the Median Sold Price and $1.1K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11656956

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Darin Tansey

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$21,267$975,000
2018$26,308$1,276,752
2017$30,837$1,482,207

History based on county public records data.

Payment Calculator

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-17392
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-17393
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.53 miles

  • Public District Grades PK-5

school-card-donut-17394
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,500. Residents of Miami Beach, FL typically earn $200k+ each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 112 W Palm Midway

What is the listing price of this property?

The listing price of 112 W Palm Midway property is $8,495,000.

What type of property is this?

The property 112 W Palm Midway is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 112 W Palm Midway is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $21,267 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 112 W Palm Midway has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 112 W Palm Midway is 4,781 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 112 W Palm Midway is 2022.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139112 W Palm Midway

This home is located at 112 W Palm Midway in Miami Beach, FL and zip code 33139 in the Venetian Islands neighborhood. This 4,781 square foot home was built in 2022. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $8,495,000.

In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. Between October 2024 and November 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 14.3%. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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