215 Palm Ave, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active120 days on marketListed Apr 13, 2026MLS #A11998519
About this home
215 Palm Ave, Miami Beach FL 33139
An architectural statement on Palm Island's exclusive guard-gated enclave, this fully reimagined contemporary residence delivers a rare combination of scale, privacy, and elevated resort-style living. Spanning more than 6,600 square feet across three levels, each accessible by private elevator, this home was meticulously redesigned to maximize light, volume, and seamless indoor-outdoor flow. Walls of floor-to-ceiling glass frame every principal living space, flooding the interiors with natural light while creating an effortless connection to lush tropical surroundings. Wide-plank hardwood floors and refined Italian finishes establish a sophisticated yet relaxed atmosphere throughout. Designed for both intimate living and grand-scale entertaining, the expansive living room, sunroom, dining area, and chef's kitchen unfold as one stunning open-concept environment. Dual primary suites offer a private sanctuary experience, complete with custom Italkraft closets and spa-like baths finished with imported Italian materials. The crown jewel is a 2,700+ SF rooftop sky terrace, among the largest private rooftop retreats on Palm Island, delivering panoramic water views, glowing sunsets, and the iconic Miami skyline as an unforgettable backdrop. Moments from South Beach, world-class dining, and luxury shopping. A rare turnkey opportunity in one of South Florida's most coveted neighborhoods.
Facts & features
The home at a glance
4
Bedrooms
5.5
Bathrooms
6,626
Sqft
2
Garage
2004
Year built
$1,056
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$45,233 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$45,233/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami Beach actives
$1,056 vs $728
Days on market
120 vs 91 typical
Where $1,056/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palm Island
Get to know Miami Beach. See the full Miami Beach guide →
Palm Island — neighborhood snapshot
Population
319
Median age
35
Median income
$249,028
Median home value
$2,000,000
Avg household
3
Households w/ children
44%
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9899% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 215 Palm Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$7,450,000
Nearby listing · same community
4 bd · 4 ba · 4,218 sqft · $1,766/sqft
Sold · Jul ’26$18,518,000
288 S Coconut Ln, Miami Beach FL 33139 · same community
8 bd · 9.5 ba · 9,094 sqft · $2,036/sqft · 122 DOM
Sold · May ’26$5,450,000
291 Palm Ave, Miami Beach FL 33139 · same community
4 bd · 4.5 ba · 3,077 sqft · $1,771/sqft · 20 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 215 Palm Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 215 Palm Ave — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
215 Palm Ave FAQs
What would the monthly payment be for 215 Palm Ave, Miami Beach FL 33139?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $45,233/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 215 Palm Ave, Miami Beach FL 33139?+
The most recent tax bill on record (2025) was $56,184. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $6,999,000, this home is listed about 977% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 215 Palm Ave, Miami Beach FL 33139?+
Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Miami Beach Nautilus Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$6,999,000 runs 9899% above the MIAMI BEACH 33139 median — but at 6,626 sqft it's also nearly 7 times the size of the typical Miami Beach listing.
02Other & Pool & Water views
The other and pool and water view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Miami Beach South Pointe Elementary School, Miami Beach Senior High School, District Instructional Center (Dic), Miami Beach Nautilus Middle School, Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $7,500,000, now $6,999,000 — a $501K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of One Sotheby's International Realty · Isaac Malagon PA. MLS #A11998519.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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