198 Palm Ave
Miami Beach, FL 33139
Map
- 15 beds
- 22 baths
- 24,036 sqft
- ~1 acre lot
- $4,118 per sqft
- 2016 build
- – on site
Introducing 198 & 190 Palm Ave, featuring 24,036 gated interior sqft on a 60,000 sqft lot with 200 linear feet on the water with multiple docks for yachts. The compound includes two mansions side-by-side, and gives full flexibility with room for staff, guests and security. Meticulously designed with the highest quality materials and an unwavering commitment to detail. With a grand total of 15 bedrooms, 17 full + 5 half bathrooms, 2 swimming pools, lush gardens and docks for multiple mega yachts. Every space is a testament to luxury; it’s a lifestyle of unparalleled elegance and refinement. Seize this rare opportunity to own the most private and secure paradise on Palm Island.
Last checked:
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Last updated Jul 9, 2025
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MLS# A11833354 —
The Building
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Year Built:2016
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Year Built Details:Resale
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Construction Materials:Block
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Architectural Style:Detached, TwoStory
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Roof:Other
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Levels:Two
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Stories:2
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Exterior Features:Balcony, Barbecue, SecurityHighImpactDoors, Lighting, OutdoorGrill, Patio
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Door Features:FrenchDoors
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Window Features:ImpactGlass
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Patio And Porch Features:Balcony, Open, Patio
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Security Features:GatedCommunity, SmokeDetectors, SecurityGuard
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Direction Faces:South
Interior
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Interior Features:BreakfastBar, BedroomOnMainLevel, DiningArea, SeparateFormalDiningRoom, EntranceFoyer, EatInKitchen, FrenchDoorsAtriumDoors, FirstFloorEntry, Fireplace, HighCeilings, KitchenIsland, LivingDiningRoom, Other, SittingAreaInPrimary, SplitBedrooms, UpperLevelPrimary, Bar, WalkInClosets, Elevator
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Flooring:Other
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Fireplace:true
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Accessibility Features:AccessibleElevatorInstalled
Room Dimensions
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Living Area:24036.0
Financial & Terms
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Lease Considered:false
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Possession:ClosingAndFunding
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Zoning Description:2200
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Parcel Number:02 42 05 001 0510
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Other Structures:GuestHouse
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Lot Features:OneToTwoAcres
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Lot Size Area:60000.0
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Lot Size SqFt:60,000 Sqft
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Lot Size Units:SquareFeet
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Frontage Length:200
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View:true
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View:Bay, Ocean, Other, Water
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Waterfront:true
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Waterfront Features:Bayfront
Listing Agent
- Contact info:
- Agent phone:
- (206) 423-9055
- Office phone:
- (305) 695-6070
Taxes
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Tax Year:2024
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Tax Annual Amount:$345,270
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Tax Legal Description:PALM ISLAND PB 6-54 LOT 39 & 20FT STRIP CONT TO SLY BDRY LINE BLK 2 LOT SIZE 100.000 X 300 COC 23051-3708 0105 1
Beds
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Bedrooms Total:15
Baths
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Total Baths:22
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Full Baths:17
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Half Baths:5
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:BuiltInOven, Dryer, Dishwasher, GasRange, Microwave, Other, Refrigerator, Washer
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Laundry Features:InGarage
The Community
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Subdivision Name:Palm Island
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Community Features:Gated, MaintainedCommunity, Other, StreetLights, TennisCourts
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Senior Community:false
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Spa:True
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Spa Features:InGround
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Pool Features:InGround, Pool, PoolSpaCombo
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Pets Allowed:NoPetRestrictions,Yes
Parking
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Parking Features:Attached, CircularDriveway, Covered, Driveway, Garage, GolfCartGarage, Guest, Other, OnStreet, GarageDoorOpener
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Garage:true
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Attached Garage:true
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Garage Spaces:10.0
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Covered Spaces:10.0
Monthly cost estimate
Asking price
$99,000,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$530,114
|
| Taxes | $28,772 |
| Insurance | $27,225 |
| Utilities | N/A |
| Total | $586,111/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/9/25
Jul 9, 2025
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Listed / Active | MLSM | $99,000,000 | 482.4% (130.4% / YR) |
|
10/27/21
Oct 27, 2021
|
MLSM | $17,000,000 | -14.6% | |
|
10/23/21
Oct 23, 2021
|
MLSM | $19,900,000 |
