How much is 16 Palm Avenue?

16 Palm Avenue is listed at $27,500,000, which is about $2,986 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 16 Palm Avenue?

The listing reports annual property taxes of $320,750 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 16 Palm Avenue built?

16 Palm Avenue was built in 1930 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 16 Palm Avenue been on the market?

16 Palm Avenue has been listed for 73 days, and the asking price has been reduced from $29,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 16 Palm Avenue waterfront?

Yes. The listing describes the water as bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 16 Palm Avenue?

The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 16 Palm Avenue?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

16 Palm Avenue, Miami Beach, FL 33139

$27,500,000 · Closed

6 beds
7 baths
9,209 sq ft
Single Family Residence
Built 1930
Lot 35,283.6 sq ft
MLS# A11957898
Palm Island

About this home

Step Inside With Me!

Features

Kitchen Island
Balcony
Bayfront
In Ground

Schools

Elementary: Miami Beach South Pointe
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · Listing agent: Dina Goldentayer

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 16 Palm Avenue.

Questions About 16 Palm Avenue

How much is 16 Palm Avenue?: 16 Palm Avenue is listed at $27,500,000, which is about $2,986 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 16 Palm Avenue?: The listing reports annual property taxes of $320,750 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 16 Palm Avenue built?: 16 Palm Avenue was built in 1930 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 16 Palm Avenue been on the market?: 16 Palm Avenue has been listed for 73 days, and the asking price has been reduced from $29,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 16 Palm Avenue waterfront?: Yes. The listing describes the water as bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 16 Palm Avenue?: The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 16 Palm Avenue?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 6 bedroom home at 503 E Dilido Drive, Miami Beach, FL 33139 is comparable and listed for sale at $29,000,000. Another comparable home, 205 N Hibiscus Drive, Miami Beach, FL 33139, sold for $22,000,000 in September 2026. Other Miami Beach neighborhoods include Collins Park and Nautilus. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.