198 Palm Ave $16,999,000

    Close

    198 Palm Ave Miami Beach, FL 33139

    • 7 Beds
    • 9 Baths
    • 11,650 sq. ft.
    • Single-Family
    • MLS# A11023630
    Favorite Share
    Views: 4 Days On Site: 15

    Go Tour This Home

    Schedule A Showing

    Property Details

    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.

    • General Features
      • Association Y/N false
      • Area Palm Island
      • Private Pool Y/N false
      • Senior Community Y/N false
      • Waterfront Y/N true
      • Year Built 2016
    • Building Features
      • Full Bathrooms 8
      • Cooling Y/N true
      • Half Bathrooms 1
      • Garage Spaces 4
      • Heating Y/N true
      • Garage Y/N true

    Contact

    Neighborhood

    33139 (Miami Beach) Demographics

    39 Median Age
    14,110 Population Density (per sq. mile)
    57% College Educated
    $47,982 Estimated Median Income
    6,847 Estimated Total Home Owners
    13,738 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,027 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $622,000 Median Sales Price
    190 Homes Sold
    294 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $16,999,000
        4/14/2021 3:55:51 PM Status Changed Source New Value: Active
        4/12/2021 10:08:11 AM Status Changed Source New Value: Pending
        4/7/2021 2:26:00 PM New in Database Source New Value: $16,999,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        All rights reserved by the Miami MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.