About This Property

Step Inside With Me! This Palm Island Estate spans over 35,000 SF of prime waterfront land with an extraordinary 220 linear feet on Biscayne Bay. 16 Palm is a monumental parcel of true magnitude offering the potential to enhance the existing Mediterranean Revival home (see renderings) or create a new 17,500 SF modern mansion. The choice is yours! A trophy residence can be achieved here within one of Miami Beach’s most exclusive gated island communities. The present-day home, renovated in 2009, welcomes you with sun-filled interiors, lush courtyards, and grand entertaining spaces. Additional amenities elevate the residence with a theater, gym, dual steam rooms, and a wine cellar. With Southeast exposure and captivating downtown skyline views, the site allows for a visionary new construction or a significant expansion of the existing structure. Live minutes to South of Fifth and in close proximity to Downtown Miami while enjoying Palm Island's rare amenities: playground, tennis and basketball courts.

Key Features

• 35,348 SquareFeet Lot
• Built in 1930

Property Details

• Type: Single Family Home
• Year Built: 1930
• Lot Size: 35,348 sq ft
• Sq Ft: 9,209
• Price / Sq Ft: $2,986
• HOA: Contact Agent
• Bedrooms: 6
• Bathrooms: 6.5
• Feature: 35,348 SquareFeet Lot
• Feature: Built in 1930
• Status: Active
• MLS Number: 1152274391
• Days on Market: 17
• Listed By: MLS Listing
• Zip Code: 33139