$40,000,000
Sold · July 1, 2026
145 Palm Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $40,000,000
- Vs. list price
- 14.9% under
- Days on market
- 194
- Price per sq ft
- $3,437
This 5-bedroom single-family home in Palm Island sold for $40,000,000 on July 1, 2026. That was 14.9% below its final list price of $47,000,000. It first came on the market at $59,000,000, so the price was adjusted before it sold. It spent 194 days on the market. At $3,437 per square foot, it closed 36.2% above the $2,523 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $40,000,000
- Sold On
- July 1, 2026
- Days on Site
- 194 Days
- Bedrooms
- 5
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 11,639 sqft
- Lot Size
- 1.38 Acres
- Year Built
- 1986
- Property Type
- Single Family
- MLS #
- A11866854
- Property Tax
- $90,395 (2025)
- Subdivision
- PALM ISLAND
- County
- Miami Dade
- Status
- Sold
About This Property
An extraordinary double-lot canvas on coveted Palm Island, this rare assemblage spans 60,000 SF with 200 feet of prime water frontage. The offering includes 145 Palm Ave and adjoining 149 Palm Ave. Reimagine, renovate, or build your dream estate in one of Miami’s most prestigious enclaves just minutes from South Beach, Downtown, and the city’s best dining, shopping, and culture. An unparalleled setting for a world-class waterfront compound with room for resort-style amenities, generous motor courts, and expansive outdoor living. This is more than a property—it’s the chance to create a legacy residence.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1986
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 4
- Parking
- Circular Driveway / Covered / Driveway
- Direction Faces
- West
- Lot Size (Acres)
- 1.38
- Living Sq Ft
- 11,639
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2200
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Interior Features
- Main Level Primary / Other
Exterior Features
- Construction
- Block / Other
- Roof
- Other
- Exterior Features
- Barbecue / Other / Tennis Courts
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- One To Two Acres
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Intracoastal Access / Ocean Access / Ocean Front
- Frontage
- Waterfront
- Frontage Length
- 200.00 ft
- View
- Intercoastal / Ocean
Community & HOA
- Association Amenities
- Other
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Palm Island is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $22,900,000 to $60,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Palm Island and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 1
- Under Contract
- 1
- Median List Price
- $60,000,000
- Median $/Sq Ft
- $3,965
- Avg Days on Market
- 556
Frequently Asked Questions
- How do I schedule a tour of 145 Palm Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 145 Palm Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 145 Palm Avenue, Miami Beach, FL 33139 still available?
- 145 Palm Avenue, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 194 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 145 Palm Avenue, Miami Beach, FL 33139?
- With 20% down ($9,400,000) on the $47,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 145 Palm Avenue, Miami Beach, FL 33139 is about $247,005/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 145 Palm Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 145 Palm Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 145 Palm Avenue, Miami Beach, FL 33139?
- 145 Palm Avenue, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 145 Palm Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 145 Palm Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$40,000,000
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Listed by Chad Carroll, Compass Florida, LLC
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Recent Sales
Recently sold homes in Palm Island
These are the last 6 recorded closings in Palm Island, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,565 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$29,000,000
Sold · October 5, 2026
49 Palm Avenue
8 bed · 8.5 bath · 11,307 sqft · $2,565/sqft
$6,900,000 under the asking price
Sold$21,000,000
Sold · August 12, 2026
93 Palm Avenue
0 bed · 0 bath
$2,500,000 under the asking price
Sold$21,000,000
Sold · August 12, 2026
93 Palm Avenue
0 bed · 0 bath
$2,500,000 under the asking price
Sold$25,000,000
Sold · June 5, 2026
16 Palm Avenue
6 bed · 6.5 bath · 9,209 sqft · $2,715/sqft
$2,500,000 under the asking price
Sold$22,850,000
Sold · November 21, 2025
16 Palm Avenue
6 bed · 6.5 bath · 9,209 sqft · $2,481/sqft
$2,050,000 under the asking price
Sold$1,575,000
Sold · September 25, 2025
505 Sabal Way
5 bed · 3.5 bath · 3,671 sqft · $429/sqft
$75,000 under the asking price
See every recorded sale in Palm Island or find out what your Palm Island home is worth.
