See Home Value
$2,547,240*
House - Off Market

222 Palm Ave

Miami Beach, FL 33139
bedrooms
Studio
bathrooms
0 Bath
$1,575,000 - $1,925,000
Reference Base Price*
45.56%
Since May 1, 2021
FL-Miami
Primary Model
Sold May 24, 2021
$1,750,000
$2,120,000 by Citizens Bank Na
Mortgage Due Dec 01, 2051
Sold Dec 26, 2013
$362,500

About This Property

Exclusive Palm Island 8,000 sf vacant lot with fully approved plans to build right away! Don't miss out on this rare opportunity to build your dream home or invest in the future on this vacant lot. Palm Island is situated perfectly between Miami Beach and Downtown/Brickell Miami, enclosed gated island with its own 24 hr police service. This tropical island features pristine water and city views , basketball courts, tennis courts, children's playground, raised streets and brand new lush landscaping project just completed throughout the island walkways and common areas.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,145
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Apr 24, 2021 No longer available -
No longer available
Apr 7, 2021 Listed $1,750,000
Listed
Nov 5, 2020 No longer available -
No longer available
Jun 26, 2019 Price Decreased $1,675,000
↓ $75K (4.3%)
Price Decreased
Nov 27, 2018 Price Decreased $1,750,000
↓ $200K (10.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: PALM ISLAND
  • Land Acres: 0.184
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: 32 53 42 4-5 54 42 PALM ISLAND PB 6-54 SELY50FT OF NLY140FT OF LOT 36 & EASEMENTS OF INGRESS & EGRESS BLK 2 LOT SIZE 50.000 X 160

Ownership

  • Current Owner : PEDROSA IGNACIO
  • Current Owner 2: GOMEZ LAURA GONZALEZ
  • Previous Owner : SAN ANTONIO DBX REAL ESTATE INC
  • Owner Before Previous Owner: CABEIRO VICENTE

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 267
  • District: 02
  • Parcel: 02-4205-001-0430
  • Block: 2
  • Lot: 36
  • Meridian: SEC 05 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7806
  • Longitude: -80.1648

    Address

  • Full Address: 222 Palm Ave
  • Address - House Number: 222
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5185
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 1,935
  • Tax Year: 2023
  • Tax Amount: $35,092
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,120,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $2,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $2,039,850
  • Market Land Value: $2,039,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,636,735

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11837833205
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0367831
  • Previous Sale Recording Date: Dec 26, 2013
  • Previous Sale Contract Date: Dec 26, 2013
  • Previous Sale Amount: $362,500
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$2,100,000 Oct 18, 2022
-
$344/mo
Condo
2 Beds
2 Baths
1,440 ft²
$1,177/ft²
$1,695,000 Nov 26, 2022
-
$2,982/mo
Condo
3 Beds
2 Baths
1,440 ft²
$1,285/ft²
$1,850,000 Nov 30, 2022
-
$3,006/mo
Condo
2 Beds
2 Baths
1,440 ft²
$1,139/ft²
$1,640,000 Feb 24, 2023
-
$3,086/mo

About Star, Palm and Hibiscus Islands


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Nearby Rentals

Unit for rent at

$1,600 /mo

  • Studio
  • 1 Bath
  • 230 ft²
Listing by Daniele Piredda
Unit for rent at

$1,800 /mo

  • 1 Bed
  • 1 Bath
  • 478 ft²
Listing by Harel Bitton
Unit for rent at

$1,750 /mo

  • Studio
  • 1 Bath
  • 6,200 ft²
Listing by Roland Ortiz


Frequently Asked Questions

When was property at 222 Palm Avenue built and last sold?
The property at 222 Palm Avenue was built in and last sold on May 5, 2021 for $1,750,000.
How much is this home worth?
The estimated value of the home located at 222 Palm Avenue is $1,767,500.
What are some comparable homes to 222 Palm Avenue?
There are currently no comparable homes to 222 Palm Avenue.

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