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About This Property
Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island's rare amenities: playground, tennis and basketball courts.
Property Features
County
Miami-Dade County
Section
5
Area
10958
Subdivision
PALM ISLAND
Interior
First Floor Entry, Cooking Island, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room
Cooling
Central Air
Bedrooms
6
Floors
Ceramic Floor, Wood
Full Baths
6
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Heating
Central
Style
Detached, Two Story
Garage Spaces
2
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Open Balcony
Exterior
Open Balcony
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
35348
Has Waterfront
Yes
Parking Description
Driveway
View
Bay
Has Garage
Yes
Roof/Attic
Barrel Roof
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Restrictions Or Possible Restrictions
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1930
Tax Amount
$320750
APN
NA
Square Feet Source
NA
Map
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