$17,000,000
Miami Beach, FL 33139
MLS# A11023630
Status: Closed
7 beds | 9 baths | 14515 sqft
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Property Description
Welcome to the prestigious 198 Palm Ave, Built in 2016 This luxurious property is situated on a 30,000 Sq/ft Lot on Palm Island. Being one of the largest lots on the palm island, new owners can enjoy 100 ft of ocean frontage over looking the immaculate Downtown Miami Skyline. Enjoy this Mediterranean inspired 14,000 sq/ft home which includes 6 bedrooms, 8.5 independently designed bathrooms, spacious 4 car garage. Top of the line amenities include a spa with large steam sauna, an exercise room including jacuzzi, Complete Bar downstairs with spacious temperature controlled wine cellar. The backyard features a large 20x40 heated pool, a large covered terrace with S/S complete BBQ installation. Enjoy the quiet breeze while sitting under one of 2 large gazebos overlooking the ocean.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-04-07
Status: Closed
Original List Price: 16999000
Sold Price: $17,000,000
Current Price: $17,000,000
Occupant Type: Owner
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 198
Street Name: Palm
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5180
Postal Zip: 33139
Subdivision Name: PALM ISLAND
Area: 2420
Parcel Number: 0242050010510
Subdivision Number: 1
Zoning: 2200
Flood Zone: AE
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 9
Bathrooms Full: 8
Bathrooms Half: 1
Building Area Main: 14515
Living Area Main: 11650
Adjusted Area Main: 12217
Year Built: 2016
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 4
Covered Spaces: 4
Lot Size Area: 30000
Lot Size Acres: 0.69
Lot Size Dimensions: 30000
Senior Community YN: No
Waterfront YN: 1
Water Frontage Feet: 100
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: Northeast
Pool Private YN: Yes
Spa YN: Yes
Financial Information
Membership Fee Required YN: No
Tax Annual Amount: 189708
Tax Year: 2020
Tax Legal Description: PALM ISLAND PB 6-54 LOT 39 & 20FT STRIP CONT TO SLY BDRY LINE BLK 2 LOT SIZE 100.000 X 300 COC 23051-3708 0105 1
Status Change Information
Major Change Timestamp: 2021-10-28T00:56:15Z
Major Change Type: Status Change
Price Change Timestamp: 2021-05-13T02:02:14Z
Status Change Date: 2021-10-28
Under Contract Date: 2021-10-23
Close Date: 2021-10-27
Close Price: 17000000
Buyer Financing: Cash
Entry Information
Entry Level: 1
Boat and Dock Information
Dock: Yes
Pool Size Details
Pool Size (WxL): 20x40
Storm Protection
Impact Glass: Partial
Permanent Generator: Whole House
Buyer Details
Intended Use: Unknown/Withheld
Buyer State: Florida
Zip Code: 33139
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 1459.23
Section Details
Parcel Number MLX: 0510
Originating Details
Originating System Key: 357518561
Originating System ID: M00000151
Property Features
Association Amenities: Gated; Security
Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen; Formal Dining; Snack Bar/Counter
Exterior Features: Awning(s); Built-in Barbecue; Lighting
Flooring: Tile; Wood
Foundation Details: Piling
Parking Features: Covered; Driveway; Garage Door Opener; Paver Block; Attached; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Oven; Refrigerator; Washer; Other
Water Heater Details: Electric Water Heater
Boat and Dock Features: Deeded Dock; Private Dock
Construction Materials: CBS
Cooling: Central Air
Fencing: Fenced
Heating: Central
Interior Features: Bar; Elevator; French Doors; Kitchen Island; Pantry; Storage; Walk-In Closet(s)
Laundry Features: Laundry Tub
Levels: Two
Listing Terms: Cash
Other Equipment: Other
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Equipment Included; In Ground
Possession: Negotiable
Restrictions: No Restrictions
Road Frontage Type: Public Road
Road Surface Type: Paved
Roof: Spanish Tile
Security Features: Fire Alarm; Security Patrol; Smoke Detector(s)
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Utilities: Cable Available
Water Access: Ocean Access
Water Source: Public
Water View: Direct Ocean; Ocean
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign; Showing Service
Outdoor Living Spaces: Balcony; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Open
Contingencies: Inspection
Room Types: Den; Family Room; Game Room; Great Room; Laundry; Maid/In-Law Quarters; Media Room; Sauna
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
| Room Name |
| Den |
| Family Room |
| Great Room |
| Maid/In-Law Quarters |
| Media Room |
| Game Room |
| Sauna |
| Laundry |
Listing Office: Adrian Realty, LLC
Last Updated: August - 08 - 2026
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