$5,750,000
Sold · September 23, 2026
215 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
- $5,750,000
- Vs. list price
- 11.5% under
- Days on market
- 162
- Price per sq ft
- $1,097
This 4-bedroom single-family home in Riviera 1st & 2nd Addn Am sold for $5,750,000 on September 23, 2026. That was 11.5% below its final list price of $6,500,000. It first came on the market at $7,500,000, so the price was adjusted before it sold. It spent 162 days on the market.
Listing Snapshot
- Sold Price
- $5,750,000
- Sold On
- September 23, 2026
- Days on Site
- 162 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 5,241 sqft
- Total Sq Ft
- 8,041 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 2004
- Property Type
- Single Family
- MLS #
- A11998519
- Property Tax
- $56,184 (2025)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
An architectural statement on Palm Island's exclusive guard-gated enclave, this fully reimagined contemporary residence delivers a rare combination of scale, privacy, and elevated resort-style living. Spanning more than 6,600 square feet across three levels, each accessible by private elevator, this home was meticulously redesigned to maximize light, volume, and seamless indoor-outdoor flow. Walls of floor-to-ceiling glass frame every principal living space, flooding the interiors with natural light while creating an effortless connection to lush tropical surroundings. Wide-plank hardwood floors and refined Italian finishes establish a sophisticated yet relaxed atmosphere throughout. Designed for both intimate living and grand-scale entertaining, the expansive living room, sunroom, dining area, and chef's kitchen unfold as one stunning open-concept environment. Dual primary suites offer a private sanctuary experience, complete with custom Italkraft closets and spa-like baths finished with imported Italian materials. The crown jewel is a 2,700+ SF rooftop sky terrace, among the largest private rooftop retreats on Palm Island, delivering panoramic water views, glowing sunsets, and the iconic Miami skyline as an unforgettable backdrop. Moments from South Beach, world-class dining, and luxury shopping. A rare turnkey opportunity in one of South Florida's most coveted neighborhoods.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2004
- Property Condition
- Resale
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 5,241
- Total Sq Ft
- 8,041
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Other / Wood
- Interior Features
- Built In Features / Bathtub / Closet Cabinetry / Dual Sinks / Eat In Kitchen / Elevator / Family Dining Room / Kitchen Island / Living Dining Room / Other / Sitting Area In Primary / Storage / Soaking Tub / Separate Shower / Upper Level Primary
- Windows
- Blinds
- Total Rooms
- 3
Exterior Features
- Construction
- Block
- Roof
- Concrete / Other
- Exterior Features
- Lighting / Outdoor Living Area / Other
- Private Pool
- Yes
- Pool Features
- Heated / In Ground
- Patio & Porch
- Deck
- View
- Other / Pool / Water
Community & HOA
- Association Amenities
- Gated / Maintenance / Tennis Courts
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Riviera 1st & 2nd Addn Am is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $7,000,000 to $29,900,000. Pure Equity lists homes in Riviera 1st & 2nd Addn Am 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
- 3
- Median List Price
- $11,495,000
- Median $/Sq Ft
- $3,591
- Avg Days on Market
- 244
Frequently Asked Questions
- How do I schedule a tour of 215 Palm Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 215 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 215 Palm Avenue, Miami Beach, FL 33139 still available?
- 215 Palm Avenue, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 162 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 215 Palm Avenue, Miami Beach, FL 33139?
- With 20% down ($1,300,000) on the $6,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 215 Palm Avenue, Miami Beach, FL 33139 is about $34,160/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 215 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 215 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 215 Palm Avenue, Miami Beach, FL 33139?
- 215 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 215 Palm Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 215 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 One Sotheby's International Realty
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 June 23, 2026.
$5,750,000
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Listed by Isaac Malagon PA, One Sotheby's International Realty
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Recent Sales
Recently sold homes in Riviera 1st & 2nd Addn Am
These are the last 2 recorded closings in Riviera 1st & 2nd Addn Am, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,036 per square foot. The most recent closed on July 8, 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$18,518,000
Sold · July 8, 2026
288 S Coconut Lane
8 bed · 9.5 bath · 9,094 sqft · $2,036/sqft
$4,481,000 under the asking price
Sold$5,450,000
Sold · May 13, 2026
291 Palm Avenue
4 bed · 4.5 bath · 3,077 sqft · $1,771/sqft
$145,000 under the asking price
See every recorded sale in Riviera 1st & 2nd Addn Am or find out what your Riviera 1st & 2nd Addn Am home is worth.
