$4,250,000
288 Palm Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $4,250,000
- Price per sq ft
- $2,102
- Vs. nearby sales
- 18.7% above
- Days on market
- 53
This 3-bedroom single-family home in Riviera 1st & 2nd Addn Am is listed at $4,250,000, or $2,102 per square foot. It has been on the market for 53 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $1,771 per square foot, so the asking price is 18.7% above what comparable homes here actually sold for.
Estimated monthly payment
$22,336 /mo
Principal and interest only, based on $850,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,250,000
- Days on Site
- 53 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,022 sqft
- Lot Size
- 0.08 Acres
- Year Built
- 2020
- Property Type
- Single Family
- MLS #
- A12075529
- Property Tax
- $33,372 (2025)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Active
About This Property
Beautiful 4-story fully furnished modern home in the private and highly coveted gated community on Palm Island. This home comes with state of the art technology, top-of-the-line finishes, elevated custom pool, built out garage with storage space, and full rooftop terrace with panoramic city and ocean views. This home features 3 bedrooms, one is currently furnished as an office, 2 full bathrooms, one half bath, and accessible parking from Palm Ave and S Coconut Lane. There is a spiral metal staircase that connects the 4 levels.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2020
- Property Condition
- Resale
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Covered / Driveway / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.08
- Living Sq Ft
- 2,022
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Interior Features
- Built In Features / Kitchen Island / Upper Level Primary
- Total Rooms
- 1
- Furnished
- Furnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Concrete
- Private Pool
- Yes
- Pool Features
- Above Ground
- View
- Ocean
Community & HOA
- Association Amenities
- Gated / Tennis Courts
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- Ok To Lease
- 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
- Under Contract
- 0
- Median List Price
- $11,495,000
- Median $/Sq Ft
- $3,591
- Avg Days on Market
- 246
Frequently Asked Questions
- How do I schedule a tour of 288 Palm Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 288 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 288 Palm Avenue, Miami Beach, FL 33139 still available?
- 288 Palm Avenue, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 53 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 288 Palm Avenue, Miami Beach, FL 33139?
- With 20% down ($850,000) on the $4,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 288 Palm Avenue, Miami Beach, FL 33139 is about $22,336/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 288 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 288 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 288 Palm Avenue, Miami Beach, FL 33139?
- 288 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 288 Palm Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 288 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 August 30, 2026.
$4,250,000
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Listed by Maurice Boschetti, Compass Florida, LLC
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Recent Sales
Recently sold homes in Riviera 1st & 2nd Addn Am
These are the last 3 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 $1,771 per square foot. The most recent closed on September 23, 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$5,750,000
Sold · September 23, 2026
215 Palm Avenue
4 bed · 5.5 bath · 5,241 sqft · $1,097/sqft
$750,000 under the asking price
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.
