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Sold for $45,000,000 on 03/05/25
  • $45,000,000

    40 Palm Ave, Miami Beach, FL 33139

    8beds
    14,930sqft
    Single Family Residence
    Built in 2023
    0.73 Acres Lot
    $44,503,400 Zestimate®
    $3,014/sqft
    $214,561 Estimated rent

    What's special

    Discover this exquisite waterfront new construction masterpiece, designed by renowned Tropical Modern architect, Cesar Molina. The interior features are truly exceptional, with Mia Cucina cabinetry, Wolf + Subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful Miami Skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2024 at 02:14pm

    Listed by:

    Liz Hogan 305-804-9700,

    Compass Florida, LLC

    Bought with:

    Matthew Dugow, 3275887

    Compass Florida, LLC.

    Source: MIAMI,MLS#: A11476859MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 13
    • Full bathrooms: 9
    • 1/2 bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Oven, Washer
    • Laundry: Laundry Room
    Features
    • Bar, Built-in Features, Closet Cabinetry, Kitchen Island, Elevator, Volume Ceilings, Walk-In Closet(s), Wet Bar, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Sauna
    • Flooring: Other
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
    • Has fireplace: Yes
    Interior area
    • Total structure area: 16,968
    • Total interior livable area: 14,930 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Electric Vehicle Charging Station(s)
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Patio & porch: Deck
    • Exterior features: Built-in Barbecue, Lighting, Balcony
    • Has private pool: Yes
    • Pool features: In Ground
    • Has spa: Yes
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay, Intracoastal View, Ocean, Water
    • Has water view: Yes
    • Water view: Bay,Intracoastal View,Ocean,Water
    • Waterfront features: Ocean Access, Intracoastal Front, Navigable Water, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 100
    Lot
    • Size: 0.73 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Additional structures: Guest House
    • Parcel number: 0242050010270
    • Zoning: 2200
    • Other equipment: Whole House Permanent Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern/Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Concrete
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water, Well

    Community & neighborhood

    Community
    • Community features: Gated, Security Patrol, HOA
    Location
    • Region: Miami Beach
    • Subdivision: Palm Island

    Other

    Other facts
    • Listing terms: All Cash,Conventional
    Services availability
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    Estimated market value

    $44,503,400