1 year on rocket

291 Palm Ave, Miami Beach, FL, 33139

$5,995,000

4 Bedrooms
4 Full Baths, 1 Partial
3,077 SqFt
$1,948/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built2024
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11494470
StatusActive

About 291 Palm Ave

Brand new modern masterpiece coming soon to the exclusive Palm Island! Comprised of 4 en-suite bedrooms, this 3,077-sf residence has been designed to perfection featuring sleek interior finishes, an open floor plan and functional indoor-outdoor living. Other features include parking court and garage,private pool surrounded by lush landscape and a 370 Sqft rooftop deck offering incredible views of the skyline and bay. Palm Island offers 24/7 police gated security,lighted basketball/tennis courts, and children’s playground. Centrally located just minutes from South Beach, Downtown, Miami airport, and the best dining/social scenes. This is the only non-waterfront new construction available on Palm Island. Currently under construction. Est completion Q3/Q4 2024. Price is for the finished home.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,077 SqFt

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: Mallory McGuire

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Other
  • Interior: Bedroom on Main Level, First Floor Entry, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Other

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 291 Palm Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $1,948/SqFt

Tax Information:

  • Annual Amount: $50,829
  • 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

291 Palm Ave vs Miami Beach

379 DAYS ON ROCKET

+282 Days

$5,995,000

+$5.3M More

$1,948/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price and $1.3K/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: #A11494470

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: Mallory McGuire

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, 7:20:50 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$50,829$2,502,002
2018$43,820$2,249,077
2017$43,782$2,202,818

History based on county public records data.

Payment Calculator

$29.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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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-4450380
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-4450381
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 1.76 miles

  • Public Charter Grades KG-5

school-card-donut-4450382
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.86 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. Typical income of Miami Beach, FL residents is $200k+ annually. The majority of families are 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 291 Palm Ave

What is the listing price of this property?

The listing price of 291 Palm Ave property is $5,995,000.

What type of property is this?

The property 291 Palm Ave is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 291 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 $50,829 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 291 Palm Ave has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 291 Palm Ave is 3,077 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 291 Palm Ave is 2024.
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Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›291 Palm Ave

This home is located at 291 Palm Ave in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This 3,077 square foot home was built in 2024. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $5,995,000.

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. 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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