125 Palm Avenue, Miami Beach, FL 33139 (MLS# A10935303)

125 Palm Avenue, Miami Beach, FL 33139

$10,490,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 8,951 Status: Closed
Current Price: $10,490,000 List Date: 10/02/2020 Last Modified: 3/24/2026

Overview

Description

Live in paradise in this mediterranean-inspired waterfront estate located in exclusive community on Palm Island! Architecturally designed w/ large windows providing natural lighting, this 5 BD/4.2 BA home has open floor plan w/ spacious indoor living & covered outdoor living areas, surrounded by beautiful lush landscaping. 100FT of water frontage. Features include a dramatic foyer w/ soaring high ceilings, a grand living room w/ fireplace & 1800’s chandeliers, dining & breakfast spaces, unique cow-bone kitchen cabinets imported from Colombia, Oak Wood floors, an African Rosewood Media Room, a corner office, a bar w/ built-in aquarium, a master suite w/ 2 balconies, & more! Enjoy stunning views from a comfortable terrace, relax inside pool surrounded by lion-shaped fountains, & private dock

Listing Details MLS# A10935303

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
4
Bathrooms Half
2
Building Area Main
8951
Living Area Main
8951
Adjusted Area Main
8951
Year Built
1996
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
30000
Lot Size Acres
0.69
Senior Community YN
No
Guest House YN
Yes
Waterfront YN
Yes
Water Frontage Feet
100
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes

Property Features

Association Amenities: Gated Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Exterior Features: Built-in Barbecue; Lighting Flooring: Wood Parking Features: Driveway; Golf Cart Garage; Guest; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Refrigerator; Other Architectural Style: Mediterranean Construction Materials: Block Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; High Ceilings; Kitchen Island; Storage; Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Other Equipment: Other Pool Features: In Ground Possession: Negotiable Restrictions: Other Restrictions Roof: Other Security Features: Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Studio View: Other Water Access: Other Water Source: Public Water View: Bay Waterfront Features: Bayfront Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Inspection Room Types: Den; Family Room; Game Room; Loft; Maid/In-Law Quarters; Media Room Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
11000000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
125
Street Name
Palm
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5139
Postal Zip
33139
Subdivision Name
PALM ISLAND
Area
2420
Elementary School
Miami Beach South Pointe
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Parcel Number
0242050010040
Subdivision Number
Yes
Zoning
2200
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
56982
Tax Year
2019
Tax Legal Description
PALM ISLAND PB 6-54 LOT 4 & 20FT STRIP IN BAY ADJ BLK 1 LOT SIZE 100.000 X 300 OR 16269-1279 0394 1

Status Change Information

Major Change Timestamp
2021-11-03T00:14:04Z
Major Change Type
Status Change
Price Change Timestamp
2020-12-16T02:42:26Z
Status Change Date
2021-11-10
Under Contract Date
2021-01-22
Close Date
2021-11-02
Close Price
10490000
Buyer Financing
Cash

More Information

Entry Information

Entry Level
Yes

Pool Size Details

Pool Size (WxL)
0x0

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
1171.94

Section Details

Parcel Number MLX
0040

Originating Details

Originating System Key
351009931
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Association Amenities

Gated
Yes

Dining Area

Breakfast Area
Yes
Dining/Living Room
Yes
Eat-In Kitchen
Yes

Exterior Features

Built-in Barbecue
Yes
Lighting
Yes

Flooring

Wood
Yes

Parking Features

Driveway
Yes
Guest
Yes
Golf Cart Garage
Yes
Attached
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

View

Other
Yes

Heating

Central
Yes

Unit Description

Studio
Yes

Water Access

Other
Yes

Water View

Bay
Yes

Appliances

Refrigerator
Yes
Other
Yes

Construction Materials

Block
Yes

Interior Features

Bedroom Layout - Split
Yes
High Ceilings
Yes
Kitchen Island
Yes
Storage
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Other Equipment

Other
Yes

Pool Features

In Ground
Yes

Roof

Other
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Waterfront Features

Bayfront
Yes

Architectural Style

Mediterranean
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Master Bdrm - Ground
Yes
Master Bdrm - Sitting
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

Inspection
Yes

Room Types

Den
Yes
Family Room
Yes
Game Room
Yes
Loft
Yes
Maid/In-Law Quarters
Yes
Media Room
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes

Room Information

Room Name
Den
Family Room
Loft
Maid/In-Law Quarters
Media Room
Game Room
IDX
Listing Office: The Corcoran Group
Last Updated: March - 24 - 2026
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