215 Palm Ave
Miami Beach, FL 33139
$6,500,000
$1,240/ft²
About this home
An architectural statement on Palm Island's exclusive guard-gated enclave, this fully reimagined contemporary residence delivers a rare combination of scale, privacy, and elevated resort-style living. Spanning more than 6,600 square feet across three levels, each accessible by private elevator, this home was meticulously redesigned to maximize light, volume, and seamless indoor-outdoor flow. Walls of floor-to-ceiling glass frame every principal living space, flooding the interiors with natural light while creating an effortless connection to lush tropical surroundings. Wide-plank hardwood floors and refined Italian finishes establish a sophisticated yet relaxed atmosphere throughout. Designed for both intimate living and grand-scale entertaining, the expansive living room, sunroom, dining area, and chef's kitchen unfold as one stunning open-concept environment. Dual primary suites offer a private sanctuary experience, complete with custom Italkraft closets and spa-like baths finished with imported Italian materials. The crown jewel is a 2,700+ SF rooftop sky terrace, among the largest private rooftop retreats on Palm Island, delivering panoramic water views, glowing sunsets, and the iconic Miami skyline as an unforgettable backdrop. Moments from South Beach, world-class dining, and luxury shopping. A rare turnkey opportunity in one of South Florida's most coveted neighborhoods.
Property details
Listing
- MLS #
- A11998519
- Status
- For sale
- Listed on
- Apr 13, 2026
- Days on market
- 119 days
- Listing data updated
- Aug 1, 2026
Interior
- Beds
- 4
- Baths
- 5.5
- Living area
- 5,241 ft²
- Price per ft²
- $1,240/ft²
Building & community
- Type
- Single-family home
- Year built
- 2004
- County
- Miami-Dade
Lot & exterior
- Lot size
- 6,000 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $32,868
- Property taxes (est.)
- $5,958
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$39,426*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$32,868/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of One Sotheby's International Realty.
Isaac Malagon · 305-972-4785 · isaac@isaacmalagon.com · 305-538-9711
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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