$5,450,000
Sold · May 13, 2026
291 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
- $5,450,000
- Vs. list price
- 2.6% under
- Days on market
- 20
- Price per sq ft
- $1,771
This 4-bedroom single-family home in Riviera 1st & 2nd Addn Am sold for $5,450,000 on May 13, 2026. That was 2.6% below its final list price of $5,595,000. It spent 20 days on the market.
Listing Snapshot
- Sold Price
- $5,450,000
- Sold On
- May 13, 2026
- Days on Site
- 20 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,077 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 2025
- Property Type
- Single Family
- MLS #
- A11991909
- Property Tax
- $34,084 (2025)
- Subdivision
- RIVIERA 1ST & 2ND ADDN AM
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Brand-new architectural masterpiece on the exclusive, guard-gated Palm Island. This stunning 4-bedroom, 4.5-bath residence offers 3,077 square feet of modern luxury with an open-concept layout, custom Italian kitchen and closets, seamless indoor-outdoor living, and a sleek contemporary pool surrounded by lush tropical landscaping. A 370-square-foot rooftop terrace delivers breathtaking water, skyline, and sunset views. Palm Island offers 24/7 Miami Beach police security, gated entry, tennis and basketball courts, and a children’s playground. Conveniently situated just minutes from MIA Airport and the best dining and social scenes in South Beach, the Design District, and Downtown.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Guest
- Direction Faces
- North
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 3,077
- Sewer
- Public Sewer
- Water Source
- Other
- Zoning
- 0100
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Main Level Primary / Other
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Other
- Private Pool
- Yes
- Pool Features
- In Ground
- View
- Water
Community & HOA
- Association Amenities
- Other
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
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 291 Palm Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 291 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 291 Palm Avenue, Miami Beach, FL 33139 still available?
- 291 Palm Avenue, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 20 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 291 Palm Avenue, Miami Beach, FL 33139?
- With 20% down ($1,119,000) on the $5,595,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 291 Palm Avenue, Miami Beach, FL 33139 is about $29,404/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 291 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 291 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 291 Palm Avenue, Miami Beach, FL 33139?
- 291 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 291 Palm Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 291 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 August 30, 2026.
$5,450,000
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Listed by Mallory Jade McGuire, 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 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
See every recorded sale in Riviera 1st & 2nd Addn Am or find out what your Riviera 1st & 2nd Addn Am home is worth.
