7 months on rocket

277 Palm Ave, Miami Beach, FL, 33139

$3,950,000

4 Bedrooms
3 Full Baths
3,301 SqFt
$1,197/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Guest, Other
Year Built1971
HeatingElectric
CoolingElectric
ViewGarden, None
MLS #A11572319
StatusActive

About 277 Palm Ave

Amazing Opportunity Awaits on the Luxurious Palm Island. This property boasts an architectural design from the 1970's, complemented by a spacious sized front yard and pool area. This residence presents a remarkable chance to either renovate or rebuild your very own dream home on one of the most coveted islands in Miami Beach. Situated mere minutes away from the vibrant South of Fifth, Downtown, Edgewater, and Design District. Additionally, the surrounding area features a park, and a gated community with round-the-clock police security, ensuring the utmost privacy and tranquility for you and your loved ones

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Two Story
  • Year Built: 1971
  • Stories: 2
  • Living Area: 3,301 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 503-5275
  • Listing Agent: Santiago Ferreira

Interior Features

Interior Information:

  • Appliances: Dishwasher, Other
  • Flooring Type: Concrete, Ceramic Tile, Other, Tile
  • Interior: Closet Cabinetry, French Door(s)/Atrium Door(s), First Floor Entry, Split Bedrooms, Skylights, Upper Level Primary, Walk-In Closet(s), Air Filtration

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, None
  • Exterior: Fence, Patio

Parking Information:

  • Parking: Circular Driveway, Guest, Other

Virtual/3D Tour

  • Virtual Tour: 277 Palm Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,950,000
  • Price Per SqFt: $1,197/SqFt

Tax Information:

  • Annual Amount: $29,107
  • 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

277 Palm Ave vs Miami Beach

239 DAYS ON ROCKET

+142 Days

$3,950,000

+$3.3M More

$1,197/SqFt

+$592 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $592/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: #A11572319

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 503-5275
  • Listing Agent: Santiago Ferreira

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, 8:20:50 AM 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$29,107$1,393,781
2018$25,143$1,133,798
2017$23,933$1,272,925

History based on county public records data.

Payment Calculator

$19.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.9K

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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-4452799
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.65 miles

  • Public Charter Grades KG-5

school-card-donut-4452800
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 1.80 miles

  • Public Charter Grades KG-5

school-card-donut-4452801
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.81 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. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 277 Palm Ave

What is the listing price of this property?

The listing price of 277 Palm Ave property is $3,950,000.

What type of property is this?

The property 277 Palm Ave is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 277 Palm Ave 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 $29,107 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 277 Palm Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 277 Palm Ave is 3,301 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 277 Palm Ave is 1971.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach33139277 Palm Ave

This home is located at 277 Palm Ave in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This 3,301 square foot home was built in 1971. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $3,950,000.

Over 2 listings were sold over their listed price in November 2024 in Miami Beach, FL. In the same period over 65 listings were sold below the listed price and 6 listings were sold for the listed price. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. While the average time on the market in November 2024 was 97 days, the median list price was $617,500.

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

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