See Home Value
$23,151,113*
House - Off Market

142 Palm Ave

Miami Beach, FL 33139
bedrooms
7 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
7455 Sqft
$13,410,000 - $16,390,000
Reference Base Price*
55.38%
Since Feb 1, 2021
FL-Miami
Primary Model
Refi Aug 23, 2002
Transfer
$2,000,000 by Mellon United Natl Bk
Mortgage

About This Property

Rare classic Mediterranean villa on Miami Beach boasting both a society pedigree and a prestigious Palm Island address. Situated on a 30,000 sq.ft. lot, the property is comprised of a main house, guest house, bayfront pool, cabana and 100 ft. waterfrontage with a 70 ft. dock. The 7.455 sq.ft. villa was built in 1920 for the Anheuser-Busch family and features a 57' x 27' grand salon opening to a 1,850 sq.ft. covered terrace overlooking Biscayne Bay. Direct access to the bay. A true gem waiting to be rediscovered. Close proximity to Miami International Airport.

The manager has listed the unit size as 7455 square feet.
Unit Size
7,455Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$1,999
Property Type
House
Property Taxes
$2,349
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Jan 14, 2021 No longer available -
No longer available
Oct 7, 2020 Price Increased $14,900,000
↑ $2M (16.9%)
Price Increased
Aug 12, 2020 No longer available -
No longer available
Aug 10, 2020 Listed $12,750,000
Listed
Jun 21, 2019 Listed $12,750,000
Listed
Rare classic Mediterranean villa on Miami Beach boasting both a society pedigree and a prestigious Palm Island address. Situated on a 30,000 sq.ft. lot, the property is comprised of a main house, guest house, bayfront pool, cabana and 100 ft. waterfrontage with a 70 ft. dock. The 7.455 sq.ft. villa was built in 1920 for the Anheuser-Busch family and features a 57' x 27' grand salon opening to a 1,850 sq.ft. covered terrace overlooking Biscayne Bay. Direct access to the bay. A true gem…

Property Highlights

Fireplace
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1978
  • Building Count: 3
  • Bedroom Count: 9
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: D
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Covered
  • 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: 9,136
  • Gross Building Area: 9,136
  • Building Area: 7,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,810
  • 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: Duplex (2 units, any combination)
  • Legal Description 1: 32 53 42 & 4-5 54 42 PALM ISLAND PB 6-54 LOT 43 & 20FTSTRIP IN BAY ADJ THERETO BLK 1 LOT SIZE 100 X 300 OR 9369 942

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

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: 02-4205-001-0361
  • Block: 1
  • Lot: 43,S
  • Meridian: SEC 05 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7792
  • Longitude: -80.162

    Address

  • Full Address: 142 Palm Ave
  • Address - House Number: 142
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5140
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 7,459
  • Tax Year: 2023
  • Tax Amount: $32,977
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: MELLON UNITED NATL BK
  • First Open Lien Mortgage Recording Date: Aug 23, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $11,565,997
  • Market Land Value: $10,500,000
  • Market Improvement Value: $1,065,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,631,499

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6.5 Baths
6,746 ft²
$2,135/ft²
$14,400,000 Jul 14, 2022
-
$2,512/mo
House
6 Beds
6.5 Baths
4,343 ft²
$3,223/ft²
$13,999,000 May 3, 2022
-
$7,668/mo
House
9 Beds
11 Baths
8,216 ft²
$1,777/ft²
$14,600,000 Jan 18, 2023
-
$3,811/mo
House
5 Beds
4.5 Baths
4,271 ft²
$3,266/ft²
$13,950,000 May 2, 2022
-
$3,147/mo
House
5 Beds
5.5 Baths
4,719 ft²
$2,649/ft²
$12,500,000 Nov 10, 2022
-
$1,817/mo
House
4 Beds
4 Baths
3,702 ft²
$3,375/ft²
$12,495,000 Mar 27, 2023
-
$7,258/mo
House
4 Beds
5 Baths
3,714 ft²
$3,877/ft²
$14,400,000 Nov 17, 2022
-
$5,544/mo

About Star, Palm and Hibiscus Islands


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Frequently Asked Questions

When was property at 142 Palm Avenue built and last sold?
The property at 142 Palm Avenue was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 142 Palm Avenue is $15,049,000.
What are some comparable homes to 142 Palm Avenue?
There are currently no comparable homes to 142 Palm Avenue.

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