Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

240 Palm Ave, Miami Beach FL 33139

House Recently Sold
$3,100,000

BTC: 37.28650469

ETH: 1,169.81132075

Sold on: 2021-02-03
7 days
5 bds
5 ba
3,617 sqft

Overview

The best value for a new home on the ultra exclusive Palm Island! This stunning modern designed house is the work of Sabal Development and 3,617 SF interior with 5 bedrooms, 5 full baths, a large infinity pool and two car garage. Designed with indoor/outdoor living in mind, the house features a full wall of impact resistant glass doors. Other features include a fully appointed chefs kitchen with Miele appliances, hardwood floors and high ceilings. Each of the three upstairs bedrooms comes with a walk in closet and the master suite features it's own large outdoor terrace. Included with the home is private access for residents to Palm Island Park with both tennis and basketball courts, community police 24 hours a day and a gated security coming on to the island.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
2016
Lot:
7200 Square Feet
Heating:
Electric
Price/sqft:
$912
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,450,000
$2.8M – $4.2M
Confidence Low
List vs. estimate
$150K below estimate
List $3,300,000 · -4.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$912
Based on
5 MLS comparables
+ 12 public-records sales within 0.5 mi
Median actual sale: $10.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$50,302
2020
Pool
In Ground
View
Garden, Pool
Garage
2 car garage
Pets
More Than 20 Lbs
All facts and features
  • Flooring

    • Wood

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Cooking Island

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    • Maid/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 5

  • Parking

    • Driveway

    Property

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

    Lot

    • Lot: 7200 Square Feet

    Other Property Information

    • Parcel Number: 02-42-05-002-0790

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $50,302

  • Source details

    • MLS ID: A10966871

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Pool Features: In Ground

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

    • Direction Faces: North

    • Architectural Style: Attached / Two Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3617

    • Water Source: Municipal Water

    • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
Recently Sold
$2,300,000
House
7 bds · 6 ba · 4,267 sqft
FLAMINGO TERRACE SUB, Miami Beach
3725 Pine Tree Dr, Miami Beach FL 33140
New
Recently Sold
$2,860,000
House
4 bds · 4 ba · 2,680 sqft
GARDEN SUB AMD PL, Miami Beach
3451 N Meridian Ave, Miami Beach FL 33140
New
Recently Sold
$2,150,000
Condo/Co-op
5 bds · 4 ba · 2,250 sqft
ICON BAY CONDO,ICON BAY, Miami
460 NE 28th St # 4303, Miami FL 33137
Recently Sold
$2,840,000
House
6 bds · 5 ba · 3,400 sqft
SAN MARINO ISLAND, Miami Beach
109 2nd San Marino Ter, Miami Beach FL 33139
Recently Sold
$2,700,000
Commercial
0 room(s)
Miami Beach
1545 Meridian Ave, Miami Beach FL 33139
Recently Sold
$2,690,000
House
4 bds · 5 ba · 3,662 sqft
NAUTILUS ADDN,NAUTILUS, Miami Beach
4325 N Meridian Ave, Miami Beach FL 33140
Recently Sold
$2,650,000
Condo/Co-op
4 bds · 5 ba · 3,326 sqft
Elysee, Miami
788 NE 23 # 3302, Miami FL 33137
Recently Sold
$2,150,000
Condo/Co-op
3 bds · 3 ba · 1,810 sqft
IL VILLAGGIO ON SOUTH BEA, Miami Beach
1455 Ocean Dr # 1407, Miami Beach FL 33139

Market around this address

Live counts in the same area.
View all

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: Prestige Realty Group, LLC