49 Palm Ave, Miami Beach, FL, 33139
About This Home
Perfectly nestled in the estates of Palm Island, a Mediterranean marvel with over 15K total SF of living space has been masterfully restored. Maintaining original architectural features, the estate boasts modern, state-of-the-art amenities + technology. Sprawling over 30K SF of lush grounds with exotic trees, fountains and 100’ unobstructed waterfront, multiple scenic outdoor lounging+entertaining areas abound,including a rooftop and private deck over the water. The mansion offers 6beds 7/2bths, office, insolated movie theater, grand saloon, formal dining, cognac rm & art gallery. Chef's kitchen features 3 Wolf gas ranges+Subzero appl, enormous island, family room and 2nd dining. The guest villa has a Turkish hammam/sauna, jacuzzi,massage+gym. 2nd fl 3/2.5 living/dining/kitchen 2 elevators
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1926
Materials
- Roof: Barrel Roof
- Construction materials: Concrete Block Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Free-Standing Freezer,Gas Water Heater,Ice Maker,Microwave,Gas Range,Oven
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 7
- 1/2 bathrooms: 3
Features
- Closet Cabinetry,Elevator,Entrance Foyer,Pantry,Split Bedroom,Volume Ceilings,Walk-In Closet(s),Separate Guest/In-Law Quarters,Maid/In-Law Quarters,Sauna
- Door features: High Impact Doors,French Doors
- Window features: Clear Impact Glass,Complete Impact Glass,Arched Windows,Blinds,High Impact Windows
- Flooring: Marble,Wood
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Ceiling Fan(s),Central Air,Electric
Interior Area
- Total structure area: 15,182
- Total interior livable area: 11,307 sqft
Property
Details
- Parcel number: 0242050010140
- Zoning: 2200
Features
- Stories: 2
- Entry location: Foyer
- Private pool: Yes
- Pool features: In Ground,Equipment Stays,Pool/Spa Combo
- Patio & porch: Awning(s),Deck
- Exterior features: Lighting,Balcony
- Has spa: Yes
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Bay,Water
- On waterfront: Yes
- Waterfront features: Ocean Access,Navigable Water,Seawall,WF/Pool/Ocean Access,Bay
- Frontage type: Bay/Harbor
- Frontage length: 100
Lot
- Lot size: 0.69 Acres
- Features: 1/2 To Less Than 3/4 Acre Lot
Parking
- Total spaces: 8
- Parking features: Circular Driveway,Covered,Guest,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 8
- Covered spaces: 8
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $181,529 | $2,178,348 |
| Home Insurance * | $678 | $8,136 |
| Property Taxes | $70,560 | $846,720 |
| Electricity | $1,137 | $13,654 |
| Total | $253,904 | $3,046,848 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Price change | $35,900,000 |
| 2024-12-03 | Listed for sale | $38,500,000 |
| 2022-12-08 | Listing removed | -- |
| 2021-12-14 | Listed for sale | $35,000,000 |
| 2004-12-08 | Sold | $4,870,000 |
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