Irina Kim-Sang | 305-562-5864 | ENGUSA RUSRussian

198 Palm Ave

7 bedrooms | 8 bathroom | 1 half bath | 11,650 sqft | Miami Beach 33139

$19,900,000

Property Details

MLS #
A11023630
Listing Type
Single Family
Unit #
Status
Active
Address
198 Palm Ave  map  
Maintenance Fee
$0
Bedrooms
7
Bathrooms
8
Half Baths
1
Living Area(f2)
11,650
Lot Size (f2)
30,000
Year Built
2016
Parking Spaces
4
Waterfront
Yes
Complex
PALM ISLAND
Days On Market
196
Pool
Yes
Pets Allowed
N/A
Irina Kim-Sang

      Irina Kim-Sang

      Broker

      Atlantic VIP Realty LLC

      305-562-5864
Irina Kim-Sang
Irina Kim-Sang
Inquire About this Property

Property Description

Welcome to the prestigious 198 Palm Ave, Built in 2016 This luxurious property is situated on a 30,000 Sq/ft Lot on Palm Island. Being one of the largest lots on the palm island, new owners can enjoy 100 ft of ocean frontage over looking the immaculate Downtown Miami Skyline. Enjoy this Mediterranean inspired 14,000 sq/ft home which includes 6 bedrooms, 8.5 independently designed bathrooms, spacious 4 car garage. Top of the line amenities include a spa with large steam sauna, an exercise room including jacuzzi, Complete Bar downstairs with spacious temperature controlled wine cellar. The backyard features a large 20x40 heated pool, a large covered terrace with S/S complete BBQ installation. Enjoy the quiet breeze while sitting under one of 2 large gazebos overlooking the ocean.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Electric Water Heater
  • Free-Standing Freezer
  • Ice Maker
  • Microwave
  • Other Equipment/Appliances
  • Electric Range
  • Refrigerator
  • Wall Oven
  • Washer

Interior Features

  • First Floor Entry
  • Bar
  • Cooking Island
  • Elevator
  • Pantry
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room
  • Great Room
  • Maid/In-Law Quarters
  • Media Room
  • Recreation Room
  • Sauna
  • Storage

Exterior Features

  • Built-In Grill
  • Lighting
  • Open Balcony

Similar Properties

Address Price %Chng Bed/Bath Square Feet Squarem2 $/sq.ft. $/m2 Maint/$ List Date Floor
2849 NW 8th Court $302,900  -0.69%  new 3/2 1,420 132 $213 $2,296 $0 09/30/2021
3785 Westminster $511,300  new 3/2 2,346 218 $218 $2,346 $600 10/10/2021
247 Palm Ave $5,500,000  12.24%   4/4 3,397 316 $1,619 $17,428 $0 12/30/2020
254 Palm Ave $5,695,000  21.3%   5/5 0 0 $0 $0 $0 02/11/2021
290 S Coconut Ln $8,990,000   4/5 0 0 $0 $0 $0 09/24/2021
24 Palm Ave $18,500,000  -7.5%   7/8 6,712 624 $2,756 $29,669 $0 03/11/2021
198 Palm Ave $19,900,000  17.07%   7/8 11,650 1,082 $1,708 $18,387 $0 04/07/2021
120 Palm Ave $20,000,000   6/6 6,014 559 $3,326 $35,797 $0 07/30/2021
16 Palm Ave $29,500,000   6/6 9,209 856 $3,203 $34,482 $0 05/17/2021
70 Palm Ave $33,900,000   7/9 19,970 1,855 $1,698 $18,273 $0 08/26/2021
158 Palm Ave $41,500,000   8/9 0 0 $0 $0 $0 08/19/2021
130 Palm Ave $49,500,000  23.75%   9/11 15,132 1,406 $3,271 $35,212 $0 06/09/2021
# of Units Avg Price Avg $/Square Ft Lowest Median Highest Avg Days on Market
12 $19,483,267 $1,501 $302,900 $19,200,000 $49,500,000 126
Price Reductions This Week: 1
Price Reductions last 30 Days: 1
Price Reductions last 90 Days: 1

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath Living Area $/sf $/m<sup>2</sup> Days on Market
08/16/2021 $30,000,000 $34,500,000 8 9 10,984 $3,141 $33,810 1 year
08/09/2021 $20,250,000 $29,000,000 6 5 8,056 $3,600 $38,749 5 months
08/04/2021 $18,000,000 $19,900,000 9 10 10,853 $1,834 $19,737 6 months
07/01/2021 $3,700,000 $3,900,000 4 4 5,968 $653 $7,034 1 year
06/10/2021 $5,150,000 $5,495,000 4 4 4,171 $1,317 $14,181 6 months
04/26/2021 $4,360,000 $4,490,000 4 4 2,322 $1,934 $20,815 2 months

https://www.miamiforrussian.com is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Adrian Realty, LLC