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40 Palm Avenue, Miami Beach, FL 33139

$40,000,000

Virtual Tour

https://drive.google.com/file/d/1PKXWWA7p5ij8KWouHHY5CQ8W6Al_WtJp/view?usp=drive_link

Property Type: Residential Bedrooms: 8 Baths: 13 Square Footage: 16,968 Status: Closed

Current Price: $40,000,000 List Date: 11/27/2023 Last Modified: 3/24/2026

Description

Discover this exquisite waterfront new construction masterpiece, designed by renowned Tropical Modern architect, Cesar Molina. The interior features are truly exceptional, with Mia Cucina cabinetry, Wolf + Subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful Miami Skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.

More Information MLS# A11476859

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2023-11-27 Status: Closed Original List Price: 48500000 Sold Price: $40,000,000 Current Price: $40,000,000

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: 40 Street Name: Palm Street Suffix: Avenue State Or Province: FL Postal Code: 33139 Postal Code +4: 5138 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: 0242050010270 Zoning: 2200

General Property Information

Living Area Main: 14930 Lot Size Area: 32000 Water Frontage Feet: 100 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Negotiable Stories Total: 2 Fireplace YN: Yes Pool Private YN: Yes Spa YN: Yes Guest House YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 8 Bathrooms Total: 13 Bathrooms Full: 9 Bathrooms Half: 4 Building Area Main: 16968 Year Built: 2023 Garage YN: 1 Garage Spaces: 4 Covered Spaces: 4 Lot Size Acres: 0.73 Waterfront YN: 1 Direction Faces: Northeast

Financial Information

Association Membership: Voluntary Membership Fee Required YN: No Association YN: 1 Tax Annual Amount: 164952 Tax Year: 2022 Tax Legal Description: PALM ISLAND PB 6-54 LOT 30 BLK 1 & A TRACT OF LAND 20FT WIDE & ADJ ABUTTING ON THE SEAWARD SIDE OF LOT 30 LOT SIZE 32000 SQ FT OR 16284-0102

Remarks and Miscellaneous

Public Historical Remarks: Boat Services: Private Dock

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-05-08T22:50:14Z Major Change Type: Status Change Price Change Timestamp: 2023-10-27T19:57:46Z Status Change Date: 2024-05-08 Under Contract Date: 2024-04-22 Close Date: 2024-05-08 Close Price: 40000000

Association Amenities

Gated: 1 Security: 1

Dining Area

Eat-In Kitchen: 1 Formal Dining: 1 Kitchen Dining: 1

Entry Information

Entry Level: 1

Exterior Features

Built-in Barbecue: 1 Lighting: 1

Flooring

Other: 1

Guest House Features

1 Bath: 1 1 Bedrooms: 1 Kitchen: 1

Parking Features

Driveway: 1 Electric Vehicle Charging Station(s): 1 Detached: 1 Detached Garage: 1 Garage: 1

Property Condition

New Construction: 1

Spa Features

In Ground: 1

Fencing

Fenced: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

View

Water: 1

Heating

Central: 1

Water View

Bay: 1 Intracoastal: 1 Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Construction Materials

Block: 1

Interior Features

Bar: 1 Built-in Features: 1 Closet Cabinetry: 1 Elevator: 1 High Ceilings: 1 Kitchen Island: 1 Walk-In Closet(s): 1 Wet Bar: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Roof

Concrete: 1

Security Features

Security Patrol: 1

Water Source

Public: 1 Well: 1

Waterfront Features

Bayfront: 1 Intracoastal: 1 Navigable Water: 1

Architectural Style

Contemporary: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1

Master Bedroom/Bath

Bidet: 1 Dual Sinks: 1 Master Bdrm - Ground: 1 Separate Shower: 1 Separate Tub: 1

Pool Size Details

Pool Size (WxL): 0

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Tax Information

Tax Reflects No Exemptions: 1

Outdoor Living Spaces

Balcony: 1 Deck: 1

Balcony Details

Balcony - Open: 1

Room Types

Den: 1 Family Room: 1 Laundry: 1 Maid/In-Law Quarters: 1 Media Room: 1 Sauna: 1

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 2679.17

Section Details

Parcel Number MLX: 0270

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 387934855 Originating System ID: M00000151

Property Features

Association Amenities: Gated; Security Dining Area: Eat-In Kitchen; Formal Dining; Kitchen Dining Exterior Features: Built-in Barbecue; Lighting Flooring: Other Guest House Features: 1 Bath; 1 Bedrooms; Kitchen Parking Features: Driveway; Electric Vehicle Charging Station(s); Detached; Detached Garage; Garage Property Condition: New Construction Spa Features: In Ground Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Refrigerator; Washer Architectural Style: Contemporary Boat and Dock Features: Private Dock Construction Materials: Block Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Built-in Features; Closet Cabinetry; Elevator; High Ceilings; Kitchen Island; Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Pool Features: In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Concrete Security Features: Security Patrol Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions View: Water Water Source: Public; Well Water View: Bay; Intracoastal; Ocean Waterfront Features: Bayfront; Intracoastal; Navigable Water Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Deck Balcony Details: Balcony - Open Room Types: Den; Family Room; Laundry; Maid/In-Law Quarters; Media Room; Sauna Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Den Family Room Maid/In-Law Quarters Media Room Sauna Laundry

Listing Office: Compass Florida, LLC

Last Updated: March - 24 - 2026

40 Palm Avenue, Miami Beach, FL 33139- MLS# A11476859

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