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93 Palm Ave, Miami Beach FL 33139

Lots/Land Active With Contract
$23,500,000

BTC: 360.54004296

ETH: 12,351.25930286

39 days
Waterfront
0 room(s)

Overview

Spanning an expansive 30,000 square foot lot with 100 feet of direct bay frontage and an impressive 300 foot depth, this rare property offers a true estate setting on Palm Island. Cleared and ready to build, the lot presents an exceptional opportunity to create a custom waterfront residence with a grand, private compound feel. Located within one of Miami Beach’s few police guarded communities, the property provides outstanding security, privacy, and tranquility. Residents enjoy access to island amenities, including basketball and tennis courts, lush landscaped corridors, and scenic waterfront views, all just minutes from South Beach, the beaches, and Downtown Miami.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
30000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,800,000
$848K – $11.0M
Confidence Low
List vs. estimate
$17.7M above estimate
List $23,500,000 · +305.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 13 public-records sales within 0.5 mi
Median actual sale: $9.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$261,292
2025
Waterfront
Intracoastal Front
All facts and features
  • Lot

    • Lot: 30000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-05-001-0080

    • Zoning: 2200

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $261,292

  • Source details

    • MLS ID: A11987591

    Other facts

    • Lot Features: Build To Suit / Cleared / Fenced / Street Lights

    • Direction Faces: North

    • Other Structures: None

    • Waterfront: Yes

    • 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: The Brokerage South Florida Real Estate, LLC.