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PALM ISLAND · Miami Beach, FL 33139 → · MLS A11702121
49 Palm Ave
Sold price$29,000,000
◆ SOLD · OCT 5, 2026
- Bedrooms
- 8
- Bathrooms · 7 full · 3 half
- 10
- Living area
- 11,307 SF
- Price per SF $2,565/SF
- Lot · 0.69 AC
- 30,000 SF
- Year built
- 1926
What's special
- On the water
- Ocean access
- Bay view
- Guest house
- Elevator
- Gated community
Listed by One Sotheby's International Realty
Description
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.
Continue reading
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 information
The propertyAs the MLS records it
- Property type
- Single Family Residence
- Year built
- 1926
- Lot size
- 30,000 SF · 0.69 AC
- Garage spaces
- 8
Size and layout
- Living area
- 11,307 SF
- Bedrooms
- 8
- Bathrooms
- 7 full · 3 half
Home and lot
- Subdivision
- PALM ISLAND
- Waterfront
ASK JULIAN
Ask about 49 Palm Ave.
49 Palm Ave, Miami Beach, FL 33139 is no longer on the market. Write here, call or send a WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day.
The listing
- Address
- 49 Palm Ave, Miami Beach, FL 33139
- MLS number
- A11702121
- Listed by
- One Sotheby's International Realty
- Contact
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Recent market sales nearby
◆ SOURCE · MLS CLOSED SALES · THE LAST TWELVE MONTHS- This home
- Closed sales, by number
SOLD · NOV 21, 2025
SOLD · JUN 5, 2026
SOLD · JUL 1, 2026
SOLD · SEP 18, 2026Miami Beach market snapshot
Single-family homes in Miami Beach, $2,000,000 and up · Closed sales of the last twelve monthsAs of NOV 1, 2026
- Closed sales
- 205
- Since NOV 1, 2025
- Median sale price
- $5,550,000
- Half closed for more, half for less
- Median price per SF
- $1,597
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $1,093 | 162 |
| 2021 | $1,134 | 348 |
| 2022 | $1,279 | 194 |
| 2023 | $1,254 | 164 |
| 2024 | $1,478 |
Schools
Zoned public schools · Miami-Dade County Public Schools
PK-5 Grades
- Elementary
Miami Beach South Pointe Elementary ↗
Attendance zone Elementary
Distance 1.2 mi
6-8 Grades
- Middle
Nautilus Middle ↗
Attendance zone Middle
Distance 2.9 mi
9-12 Grades
- Senior high
Miami Beach Senior High ↗
Attendance zone Senior high
Distance 2.1 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
Real estate in other markets
ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED OCT 13, 2026◆ MLS A11702121
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by One Sotheby's International Realty. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
