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125 Palm Avenue, Miami Beach, FL 33139

$10,490,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 8,951 Status: Closed

Current Price: $10,490,000 List Date: 10/02/2020 Last Modified: 3/24/2026

Description

Live in paradise in this mediterranean-inspired waterfront estate located in exclusive community on Palm Island! Architecturally designed w/ large windows providing natural lighting, this 5 BD/4.2 BA home has open floor plan w/ spacious indoor living & covered outdoor living areas, surrounded by beautiful lush landscaping. 100FT of water frontage. Features include a dramatic foyer w/ soaring high ceilings, a grand living room w/ fireplace & 1800’s chandeliers, dining & breakfast spaces, unique cow-bone kitchen cabinets imported from Colombia, Oak Wood floors, an African Rosewood Media Room, a corner office, a bar w/ built-in aquarium, a master suite w/ 2 balconies, & more! Enjoy stunning views from a comfortable terrace, relax inside pool surrounded by lion-shaped fountains, & private dock

More Information MLS# A10935303

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2020-10-01 Status: Closed Original List Price: 11000000 Sold Price: $10,490,000 Current Price: $10,490,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33139 Subdivision Number: 1 Flood Zone: AE Country: United States Street Number: 125 Street Name: Palm Street Suffix: Avenue State Or Province: FL Postal Code: 33139 Postal Code +4: 5139 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: 0242050010040 Zoning: 2200

General Property Information

Adjusted Area Main: 8951 Living Area Main: 8951 Lot Size Area: 30000 Water Frontage Feet: 100 Senior Community YN: No Outdoor Living Spaces YN: Yes Stories Total: 2 Fireplace YN: Yes Pool Private YN: Yes Guest House YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 4 Bathrooms Half: 2 Building Area Main: 8951 Year Built: 1996 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 0.69 Waterfront YN: 1 Direction Faces: East

Financial Information

Membership Fee Required YN: No Tax Annual Amount: 56982 Tax Year: 2019 Tax Legal Description: PALM ISLAND PB 6-54 LOT 4 & 20FT STRIP IN BAY ADJ BLK 1 LOT SIZE 100.000 X 300 OR 16269-1279 0394 1

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2021-11-03T00:14:04Z Major Change Type: Status Change Price Change Timestamp: 2020-12-16T02:42:26Z Status Change Date: 2021-11-10 Under Contract Date: 2021-01-22 Close Date: 2021-11-02 Close Price: 10490000

Association Amenities

Gated: 1

Dining Area

Breakfast Area: 1 Dining/Living Room: 1 Eat-In Kitchen: 1

Entry Information

Entry Level: 1

Exterior Features

Built-in Barbecue: 1 Lighting: 1

Flooring

Wood: 1

Parking Features

Driveway: 1 Guest: 1 Golf Cart Garage: 1 Attached: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

View

Other: 1

Heating

Central: 1

Unit Description

Studio: 1

Water Access

Other: 1

Water View

Bay: 1

Appliances

Refrigerator: 1 Other: 1

Construction Materials

Block: 1

Interior Features

Bedroom Layout - Split: 1 High Ceilings: 1 Kitchen Island: 1 Storage: 1 Walk-In Closet(s): 1 Wet Bar: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Other Equipment

Other: 1

Pool Features

In Ground: 1

Roof

Other: 1

Security Features

Smoke Detector(s): 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1

Architectural Style

Mediterranean: 1

Cooling

Central Air: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Ground: 1 Master Bdrm - Sitting: 1

Pool Size Details

Pool Size (WxL): 0x0

Restrictions

Other Restrictions: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Open: 1

Contingencies

Inspection: 1

Room Types

Den: 1 Family Room: 1 Game Room: 1 Loft: 1 Maid/In-Law Quarters: 1 Media Room: 1

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 1171.94

Section Details

Parcel Number MLX: 0040

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 351009931 Originating System ID: M00000151

Property Features

Association Amenities: Gated Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Exterior Features: Built-in Barbecue; Lighting Flooring: Wood Parking Features: Driveway; Golf Cart Garage; Guest; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Refrigerator; Other Architectural Style: Mediterranean Construction Materials: Block Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; High Ceilings; Kitchen Island; Storage; Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Other Equipment: Other Pool Features: In Ground Possession: Negotiable Restrictions: Other Restrictions Roof: Other Security Features: Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Studio View: Other Water Access: Other Water Source: Public Water View: Bay Waterfront Features: Bayfront Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Inspection Room Types: Den; Family Room; Game Room; Loft; Maid/In-Law Quarters; Media Room Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Den Family Room Loft Maid/In-Law Quarters Media Room Game Room

Listing Office: The Corcoran Group

Last Updated: March - 24 - 2026

125 Palm Avenue, Miami Beach, FL 33139- MLS# A10935303

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