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40 Palm Ave, Miami Beach FL 33139

House Recently Sold
$40,000,000

BTC: 517.46442432

ETH: 16,333.19722336

Sold on: 2024-05-08
147 days
Waterfront
8 bds
9 ba
14,930 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Driveway / Electric Vehicle Charging Station(s)
Year Built:
2023
Lot:
32000 Square Feet
Heating:
Central
Price/sqft:
$3,248
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
8 public-records sales within 0.5 mi
Median actual sale: $16.8M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$164,952
2022
Pool
In Ground
View
Bay, Intracoastal View
Waterfront
Ocean Access, Intracoastal Front
Garage
4 car garage
Furnished
Furniture For Sale,Unfurnished
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Gas Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Bar

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Elevator

    • Volume Ceilings

    • Walk-In Closet(s)

    • Wet Bar

    • Den/Library/Office

    • Family Room

    • Separate Guest/In-Law Quarters

    • Maid/In-Law Quarters

    • Media Room

    • Sauna

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Bathrooms: 4

    • Full bathrooms: 9

  • Parking

    • Driveway

    • Electric Vehicle Charging Station(s)

    Property

    • Exterior Features: Built-In Grill / Lighting / Open Balcony

    Lot

    • Lot: 32000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-05-001-0270

    • Zoning: 2200

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $164,952

  • Source details

    • MLS ID: A11476859

    Other facts

    • Construction Materials: Concrete Block Construction

    • Fireplace Features: Fireplace

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Patio And Porch Features: Deck / Open Balcony

    • Pool Features: In Ground

    • Window Features: Clear Impact Glass / Complete Impact Glass / High Impact Windows / Impact Glass

    • Direction Faces: Northeast

    • Other Structures: Guest House

    • Architectural Style: Detached / Two Story / Modern/Contemporary

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 4

    • Garage: Yes

    • Living Area: 14930

    • Water Source: Municipal Water / Well

    • Subdivision Name: PALM ISLAND

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC