49 Palm Ave

Miami Beach, FL 33139

$35,900,000

$3,175/ft²

8Beds

8.5Baths

11,307Sq ft

1926Year built

Single-family homeType

About this home

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

Features

Waterfront

Property details

Listing

MLS #: A11702121
Status: For sale
Listed on: Dec 2, 2024
Days on market: 615 days
Listing data updated: Jul 6, 2026

Interior

Beds: 8
Baths: 8.5
Living area: 11,307 ft²
Price per ft²: $3,175/ft²

Building & community

Type: Single-family home
Year built: 1926
County: Miami-Dade

Lot & exterior

Lot size: 30,000 ft²
Waterfront: Yes

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): $181,530
Property taxes (est.): $32,908
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$215,038*/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?