$21,000,000
Miami Beach, FL 33139
MLS# A11987591
Status: Closed
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Property Description
Spanning an expansive 30,000 square foot lot with 100 feet of direct bay frontage and an impressive 300 foot depth, this rare property offers a true estate setting on Palm Island.Cleared and ready to build, the lot presents an exceptional opportunity to create a custom waterfront residence with a grand, private compound feel.Located within one of Miami Beach’s few police guarded communities, the property provides outstanding security, privacy, and tranquility. Residents enjoy access to island amenities, including basketball and tennis courts, lush landscaped corridors, and scenic waterfront views, all just minutes from South Beach, the beaches, and Downtown Miami.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-03-23
Status: Closed
Original List Price: 23500000
Sold Price: $21,000,000
Current Price: $21,000,000
LP/Acre: 34122259.33
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 93
Street Name: Palm
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5137
Postal Zip: 33139
Subdivision Name: PALM ISLAND
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0242050010080
Subdivision Number: 1
Zoning: 2200
Flood Zone: AE
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 0.69
Lot Size Square Feet: 30000
Lot Size Dimensions: 30000
Waterfront YN: 1
Water Frontage Feet: 100
Direction Faces: North
LP/SqFt: 783.33
Financial Information
Tax Year: 2025
Tax Annual Amount: 261292
Tax Legal Description: PALM ISLAND PB 6-54 LOT 8 & 20FT STRIP IN BAY ADJ SAME BLK 1 LOT SIZE 100.000 X 300
Status Change Information
Major Change Timestamp: 2026-08-12T04:00:00Z
Major Change Type: Status Change
Status Change Date: 2026-08-13
Under Contract Date: 2026-05-01
Close Date: 2026-08-12
Close Price: 21000000
Buyer Financing: Cash
SP/Acre: 30492231.74
Boat and Dock Information
Dock: Yes
Buyer Details
Country of Origin: United States
Intended Use: Investment
Buyer State: Florida
Zip Code: 33154
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0080
Originating Details
Originating System Key: 445080811
Originating System ID: M00000151
Property Features
Current Use: Residential; Single Family; Other
Development Status: Raw Land
Fencing: Fenced
Other Structures: None
Possession: Close Of Escrow
Trees: Other
Boat and Dock Features: Private Dock
Listing Terms: Cash; Conventional
Lot Features: Build to Suit; Cleared; Street Lights
Waterfront Features: Bayfront; Intracoastal
Showing Requirements: Showing Service
Contingencies: None
Listing Office: The Brokerage South Florida Real Estate, LLC.
Last Updated: August - 13 - 2026
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