Back 16 Palm Ave
Off Market

16 Palm Ave

Miami Beach FL 33139

6
7
2
10958 sq. ft.
35348 sq. ft.
Single-Family
Last sold for $22,850,000
Luis BoschLuis Bosch, last sold this property on 21 November 2025 after 344 days on market.

Overview

This Mediterranean Revival estate seamlessly blends classic architecture with modern luxury. Fully renovated in 2009, the home sits on a sprawling 35,348 sq. ft. lot on prestigious Palm Island, offering 220’ of prime south-facing waterfront capable of accommodating yachts up to 205’. A spacious addition includes a luxurious primary suite, chef’s kitchen, and family wing. Exceptional amenities include a home theater, gym, steam rooms, bocce court, wine cellar, heated pool, spa, private beach, and a serene courtyard. A separate guest house, smart home technology, lighting controls, and solar panels complete this lush, gated haven. Surrounded by exotic landscaping, this estate embodies sophistication and privacy in the exclusive, police-guarded Palm Island community.

Features

6 bedrooms
7 bathrooms
2 carspaces
2 garage spaces
10958 sq. ft. floor area
35348 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Miami Beach over the last 12 months, the estimated median property value of 16 Palm Ave is $20.06m.

Median value
$20.06m
Estimated value range
$9.5m - $46m
Median days on market
234
Estimated value trend
57%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Palm Ave

2025
Sold
$22,850,000
21 Nov 2025 by Luis Bosch, of Venetian International, LLC.
2008
Sold
$11,500,000
03 Mar 2008 by Barbara Hagen, of Majestic Properties Lincoln Road Inc

Happy sellers in Miami Beach

93%
93% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Miami Beach over the last 12 months.

Local market activity for 6 bedroom single-family properties in Miami Beach

In the last 12 months, 5 six-bedroom single-family properties similar to 16 Palm Ave, have been sold.

This represents a 50% decrease in six-bedroom single-family properties sales when compared to the previous 12 months.

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