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.
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Listing Snapshot
Price
$27,500,000
Days On Site
26 Days
Bedrooms
6
Inside Area (SqFt)
9,209 sqft
Total Baths
7
Full Baths
6
Partial Baths
1
Lot Size
0.8115 Acres
Year Built
1930
MLS® Number
A11957898
Status
Active
Property Tax
$320,750
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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