See Home Value
$7,241,940*
House - Off Market

254 Palm Ave

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
$5,126,000 - $6,264,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Dec 01, 2021
$5,575,000
Sold Jan 15, 2016
$16,500

About This Property

Brand new modern masterpiece located on the exclusive Palm Island! Stunning 5 bedroom home designed by award winning architect Max Strang. This 4,886  SF home is situated on an oversized 9,600 SF corner lot with gated entry, a two car garage, private pool surrounded by lush tropical landscape with southern exposure, and a 500+ SF rooftop deck offering incredible views of the skyline and bay. This residence has been designed to perfection featuring sleek interior finishes throughout, a large open floor plan and functional indoor-outdoor living. Palm Island offers 24/7 gated security, lighted basketball courts, tennis courts, and children's playground. Amazing location just minutes from South Beach and Downtown. Project is currently under construction. Delivered March 2022.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 26, 2021 No longer available -
No longer available
Sep 21, 2021 Price Increased $5,695,000
↑ $400K (7.6%)
Price Increased
Jun 26, 2021 Price Increased $5,295,000
↑ $345K (7%)
Price Increased
Apr 6, 2021 Price Increased $4,950,000
↑ $155K (3.2%)
Price Increased
Feb 23, 2021 Price Increased $4,795,000
↑ $100K (2.1%)
Price Increased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • 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: RIVIERA 1ST & 2ND ADDN AMD
  • Land Acres: 0.22
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: RIVIERA 1ST & 2ND ADDN AMD PB 32-37 LOT 1 & W1/2 LOT 2 BLK E 2 LOT SIZE 80.000 X 120 OR 18973-0542 01 2000 1

Ownership

  • Current Owner : GEBBIA DAVID
  • Previous Owner : SG & LL VENTURES LLC
  • Owner Before Previous Owner: SEEFRIED JOHANNES S
  • 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: 0100

Geography

  • Assessors Map Reference: 267
  • District: 02
  • Parcel: 02-4205-002-0760
  • Block: E 2
  • Lot: 1,2
  • Meridian: SEC 05 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7812
  • Longitude: -80.1659

    Address

  • Full Address: 254 Palm Ave
  • Address - House Number: 254
  • 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: 1,904
  • Tax Year: 2023
  • Tax Amount: $41,816
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $2,447,885
  • Market Land Value: $2,447,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,963,907

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11873801855
  • Current Sale Price: $5,575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0897995
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Contract Date: Jan 13, 2016
  • Previous Sale Amount: $16,500
  • 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
4 Beds
4.5 Baths
2,741 ft²
$2,005/ft²
$5,495,000 May 11, 2023
-
$4,646/mo

About Star, Palm and Hibiscus Islands


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Frequently Asked Questions

When was property at 254 Palm Avenue built and last sold?
The property at 254 Palm Avenue was built in and last sold on Nov 15, 2021 for $5,575,000.
How much is this home worth?
The estimated value of the home located at 254 Palm Avenue is $5,751,950.
What are some comparable homes to 254 Palm Avenue?
There are currently no comparable homes to 254 Palm Avenue.

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