See Home Value
$15,259,575*
House - Off Market

125 Palm Ave

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
8951 Sqft
$10,800,000 - $13,200,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Nov 16, 2021
$9,297,800
Sold Apr 27, 1994
Transfer

About This Property

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

The manager has listed the unit size as 8951 square feet.
Unit Size
8,951Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$1,341
Property Type
House
Property Taxes
$4,749
HOA Dues
-
Year Built
1996

Price History

Date / Event Date Event Price
Oct 9, 2021 No longer available -
No longer available
Oct 1, 2020 Listed $12,000,000
Listed
Jun 2, 2020 No longer available -
No longer available
May 7, 2020 Price Decreased $9,900,000
↓ $500K (4.8%)
Price Decreased
Mar 8, 2020 Relisted $10,400,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 8,951
  • Gross Building Area: 8,951
  • Building Area: 8,951
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,951
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM ISLAND
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 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

Ownership

  • Current Owner : SHOOKER DOUGLAS
  • Previous Owner : DISKIN ARTHUR L
  • Owner Before Previous Owner: ENVIRONMENTS INTL CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004102

Zoning

  • Zoning: 2200

Geography

  • Assessors Map Reference: 267
  • District: 02
  • Parcel: 02-4205-001-0040
  • Block: 1
  • Lot: 4
  • Meridian: SEC 05 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.78
  • Longitude: -80.1609

    Address

  • Full Address: 125 Palm Ave
  • Address - House Number: 125
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5139
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 8,951
  • Tax Year: 2023
  • Tax Amount: $207,288
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $11,153,625
  • Market Land Value: $10,500,000
  • Market Improvement Value: $653,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,628,695

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11870869235
  • Current Sale Price: $9,297,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0860917
  • Previous Sale Recording Date: Apr 27, 1994
  • Previous Sale Contract Date: Mar 02, 1994
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,429 ft²
$3,048/ft²
$13,500,000 Jun 21, 2023
-
$6,606/mo
House
5 Beds
4 Baths
3,210 ft²
$3,053/ft²
$9,800,000 Jun 6, 2023
-
$5,677/mo
House
6 Beds
7 Baths
6,746 ft²
$2,060/ft²
$13,900,000 Jul 29, 2023
-
$8,869/mo
House
6 Beds
6.5 Baths
6,746 ft²
$2,060/ft²
$13,900,000 Aug 12, 2023
-
$8,869/mo
House
6 Beds
7 Baths
5,928 ft²
$1,686/ft²
$9,995,000 Apr 30, 2023
-
$3,100/mo
House
4 Beds
5 Baths
2,767 ft²
$3,892/ft²
$10,770,000 Jul 6, 2023
-
$6,901/mo

About Star, Palm and Hibiscus Islands


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Frequently Asked Questions

When was property at 125 Palm Avenue built and last sold?
The property at 125 Palm Avenue was built in 1996 and last sold on Nov 2, 2021 for $9,297,800.
How much is this home worth?
The estimated value of the home located at 125 Palm Avenue is $12,120,000.
What are some comparable homes to 125 Palm Avenue?
There are currently no comparable homes to 125 Palm Avenue.

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