8 days on rocket

49 Palm Ave, Miami Beach, FL, 33139

$38,500,000

8 Bedrooms
7 Full Baths, 3 Partial
11,307 SqFt
$3,405/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Covered, Detached, Garage, Guest, Garage Door Opener
Garage8 spaces
Year Built1926
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBay Front, Navigable Water, Ocean Access, Seawall
ViewBay, Water
MLS #A11702121
StatusActive

About 49 Palm Ave

Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1926
  • Stories: 2
  • Living Area: 11,307 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave
  • Flooring Type: Marble, Wood
  • Interior: Bidet, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Pantry, Sitting Area in Primary, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Navigable Water, Ocean Access, Seawall
  • View: Bay, Water
  • Exterior: Awning(s), Balcony, Deck, Security/High Impact Doors, Lighting

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Covered, Detached, Garage, Guest, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 49 Palm Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $38,500,000
  • Price Per SqFt: $3,405/SqFt

Tax Information:

  • Annual Amount: $137,422
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

49 Palm Ave vs Miami Beach

8 DAYS ON ROCKET

-89 Days

$38,500,000

+$37.8M More

$3,405/SqFt

+$2.8K More

KEY TAKEAWAY

This property is $37.8M more than the Median Sold Price and $2.8K/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: #A11702121

Listing Office:

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

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: 12/11/2024, 3:20:51 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$137,422$6,974,869
2018$127,988$6,521,616
2017$122,832$6,975,340

History based on county public records data.

Payment Calculator

$192.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$115.4K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1706116
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-1706117
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-1706118
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.68 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. The majority of Miami Beach, FL residents have income $200k+ annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49 Palm Ave

What is the listing price of this property?

The listing price of 49 Palm Ave property is $38,500,000.

What type of property is this?

The property 49 Palm Ave is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 49 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 $137,422 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 49 Palm Ave has 8 bedrooms and 7 full and 3 half bathrooms.

What is the square footage of this property?

The property 49 Palm Ave is 11,307 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49 Palm Ave is 1926.
Rocket Homes logo

Interested in 49 Palm Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaMiami-Dade CountyMiami Beach3313949 Palm Ave

This home is located at 49 Palm Ave in Miami Beach, FL and zip code 33139 in the Palm Island neighborhood. This 11,307 square foot home was built in 1926. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $38,500,000.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. Between October 2024 and November 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 14.3%. In November 2024 median list price was $617,500 and the average listing age was 97 days.

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

More Resources