Waterfront Palm Island Estate Designed By Caesar Molina Hits Market For $48.5 Million

A waterfront estate on Miami Beach’s Palm Island has hit the market for $48.5 million. The tropical modern waterfront mansion is designed by renowned architect Caesar Molina and spans nearly 15,000-square feet of stunning amenities and unparalleled, museum-like interiors furnished by Artefacto.

Located at 40 Palm Ave., the newly built home features a double-sided water feature which welcomes you upon entrance into the eight bedroom, nine full and four half bathroom estate. Thoughtfully curated with luxury in mind, find a rare full size rooftop terrace is accessible by stairs or elevator with immaculate views of Miami’s most coveted views.

The primary bedroom features a massive closet, wet bar plus a terrace with a private plunge pool. The kitchen showcases Mia Cucina cabinetry, Wolf + Subzero appliances. Additional features include a state-of-the-art home theatre, gym with steam and sauna, a four-car electric garage and detached upstairs guest house.

Outside, the backyard features a spacious infinity edge pool, patio with grill, and a private boat dock offering 100 feet of water frontage.

40 Palm Ave is listed for $48.5 million with Liz Hogan of Compass.

Images via Become Legendary

New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island

A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer Ron Ozer who is CIO of hedge fund Statar Capital and the seller was real estate developer William Campbell. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman. The home was most recently listed for $39.9 million at the time of sale with Alatriste and was listed for as high as $51.9 million during construction.

Located on a .7 acre lot at 158 Palm Ave., the new construction home spans 14,000 + SF of oceanfront with 7 bedrooms and 10 bathrooms. The main residence features 6 bedrooms while a detached 5 car garage offers a 2nd floor guest suite. The residence features multiple living spaces with water views and telescoping glass sliding doors to blend indoor/ outdoor living. The home also features an office, movie theater, an oversized chef's kitchen, a 2nd floor balcony spanning the entire home with access to a rooftop balcony and a stunning primary suite with a lavish master bath complete with a soak-in tub. The outside provides a tropical oasis with infinity pool, summer kitchen and 100' water frontage with a private dock offering stunning bay and skyline views.

Images via Luxhunters

Tropical Modern Palm Island Spec Home Designed By Choeff Levy Fischman Sells For $20.5 Million

 A tropical modern mansion on Palm Island designed by Choeff Levy Fischman has sold for $20.5 million. Located at 19 Palm Avenue, the two-story home spans 9,386 square-feet complete with a $500,000 custom Fendi kitchen. Dina Goldentayer of Douglas Elliman represented the sellers and Ivan Chorney and Michael Martinera of Compass represented the buyers. Dean Carr, an investor from London, and his wife Melissa Carr, sold the home to a California family.

19 Palm Avenue is one of Miami Beach's most opulent new residences and leaves you in awe the moment you step onto its lavish motor court. Boasting a colossal cascading water feature and British-made automobile rotating turntable, the private driveway also includes an outdoor stairway and a three-car garage with lift capacity concealed by rich Timura wood. The home's exterior façade also features gray limestone to create a warm aesthetic.

The residence offers six bedrooms and seven and a half bathrooms. The home offers large living spaces in an open-concept format that includes floor-to-ceiling sliding glass doors that open up to the rear deck, blending the indoors with the outdoors.

A focal point of 19 Palm Ave. is home's interior is a stunning 460 square foot open-air atrium with floating steps that take you across a shallow pool of water. Additional soul-soothing reflecting ponds and cascading water features are spread throughout the property on all four sides of the residence to emphasize its waterfront location.

The master-suite is another highlight of the home, spanning 1,490 square feet and overlooking Biscayne Bay on one side with the glass atrium on the opposite end. Complete with separate custom Ornare closets with Cavalli wall coverings, the master suite also boasts a midnight kitchen, a sitting lounge, and a fireplace. Two spacious bathrooms feature exotic floor-to-ceiling marble, and each comes with a seamless glass zero-edge spa shower with steam and scent ventilation. One of the master suite bathrooms also includes a bespoke vanity and a standalone floating Boffi tub. Cantilevered wood ceilings shade the room's private balcony, which also consists of a glass railing to provide unobstructed northeastern waterfront views.

19 Palm Ave.’s second level also includes an atrium-facing pajama lounge where the family can relax in a private setting away from the traffic of the ground level. Additional amenities include a fully integrated Savant home automation technology system and one of the largest residential-grade elevators. Located above one of the home's reflecting ponds, it provides access to three levels, including the private rooftop.

Outside, the home's infinity-edge pool is accentuated by a sleek three-sided Lautner knife-edge deck creating a visually seamless plane of water without any distinction of a pool wall. The fourth side creates the illusion that the edge vanishes into the bay. Adjacent to the pool, the architects incorporated a sunken living room element with custom seating that surrounds a fire pit on three sides. The home's outdoor deck incorporates a shaded cabana with separate bath, dining, bar, and kitchen with a spiral staircase that leads up to a rooftop lounge ideal for sunbathing.

Check Out This Recently Listed Choeff Levy Fischman-Designed Palm Island Estate Asking $23.5 Million

Designed by award-winning architects Choeff Levy Fischman, the opulent 19 Palm Avenue on Miami Beach’s Palm Island has listed for $23,500,000. The 9,600 SF residence leaves you in awe the moment you step onto its lavish motor court, boasting a colossal cascading water feature and British-made automobile rotating turntable. The private driveway also includes an outdoor stairway and a three-car garage with lift capacity concealed by rich Timura wood.

The two-story 6 bedroom 7.5 bath estate, designed in the architect's famed Tropical Modern architectural style, provides large living spaces in an open-concept format. The home features floor-to-ceiling sliding glass doors that open up to the rear deck, blending the indoors with the outdoors.

The residence's first floor is designed to offer a seamless transition from room to room. A custom Italian-made wall panel conceals a built-in television and grand wood louvers subtly denote the living room entrance. A floor-to-ceiling gas fireplace with bespoke brass paneling and LED light allows for privacy between the dining room and the central $500,000 gourmet kitchen by Fendi with chocolate lacquer floor-to-ceiling cabinetry and champagne leather paneling. The primary wing also features a separate entertainment lounge with a and luxurious black and gold paneled bar for elegant evenings. The home's second level also includes an atrium-facing pajama lounge where the family can relax in a private setting away from the traffic of the ground level.A focal point of the home's interior is a stunning 460 SF open-air atrium with floating steps that take you across a shallow pool of water. Additional soul-soothing reflecting ponds and cascading water features are spread throughout the property on all four sides of the residence to emphasize its waterfront location.

Outside, the home's infinity-edge pool is accentuated by a sleek three-sided Lautner knife-edge deck creating a visually seamless plane of water without any distinction of a pool wall. The fourth side creates the illusion that the edge vanishes into the bay. Adjacent to the pool, the architects incorporated a sunken living room element with custom seating that surrounds a fire pit on three sides. The home's outdoor deck incorporates a shaded cabana with separate bath, dining, bar, and kitchen with a spiral staircase that leads up to a rooftop lounge ideal for sunbathing.

19 Palm Avenue is currently listed for $23,500,000 with Dina Goldentayer of Douglas Elliman.

Images via LPG/Douglas Elliman

Historic Coral Rock Palm Island Estate Built In 1928 Hits The Market For $16.499 Million

A historic Palm Island estate originally built in 1928 that has been meticulously updated and expanded can now be yours for $16.499 million. In its current form the masterpiece home brings the original 1928 portion made of rare coral rock together with a 12,000 SF new construction. The home features 8 bedrooms, 10 full bathrooms and 2 half baths spread over 13,201 SF. There is also a movie theater with private entertainment bar, grand hallway,  Outside features multiple lounge areas, an expansive swimming pool, cabana and over 100' of waterfront with views of Biscayne Bay and the Flagler Memorial. 

55 Palm Ave, Miami Beach currently listed for $16,499,000 with Brian Judge & Diana Garchitorena of Douglas Elliman.

93 Palm, Al Capone's Former Palm Island Miami Beach Mansion Hits Market For $14.9 Million

 93 Palm, Al Capone's former Miami Beach estate located on the prestigious Palm Island has hit the market after undergoing recently completed restoration for $14.9 million. The sprawling estate of the legendary prohibition-era gangster was meticulously restored to much of its original splendor following an extensive restoration in 2015 by Miami-based wealth and investment management company MB America.

“The illustrious history and prime location of this residence cannot be overstated,” said list agent Nelson Gonzalez, Senior Vice President Nelson Gonzalez of EWM Realty International. “Nearly 100 years later, this home is truly a rare gem on the water.” 

According to public record, Al Capone bought the home in 1928 following a stint at Alcatraz. He reportedly went so far as to spend $200,000 (at that time) to install a gatehouse, seven-foot-high wall, search lights, a cabana and coral rock grotto. The home remained in his family until 1952 when it was sold by his wife, Mae Capone.

The colonial-style, 30,000 SF property, which was built in 1922, features 100' of waterfront on Biscayne Bay. The lush secluded property, dotted with century-old trees, is anchored by a four-bedroom, three and a half-bath main villa. Some of the original features include the black-and-gold Art Deco powder room, 1920’s ceiling lights, the fireplace in the living room, and the porch. French doors, hardwood floors, columns, open archways, and multi-pane, double-hung windows complete the timeless appearance of the interiors.  

Outside, a 30' by 60' pool sits adjacent to a stately two-story cabana, which comprises a water-facing terrace and a half-bath on the first level, and one bedroom and a full bath with a glittering tile mosaic on the second. The original gatehouse, located at the front of the property, has furthermore been converted into a two-bedroom, one-bath guesthouse.
 
“This is one of the most significant estates in South Florida, now on the market for the first time since its restoration,” said Gonzalez.  “The attention to detail by MB America has preserved the home’s unique 1920’s attributes, yet its slew of modern conveniences and top-of-the-line amenities make it a lucrative draw for well-heeled buyers.”

Check-Out Birdman's Palm Island Mansion Which Recently Dropped The Asking Price To $16.9 Million For Art Basel

Situated on the ultra-luxurious, Palm Island, famous for its waterfront estates, sits 70 Palm Avenue, the infamous mansion previously owned by Scott Storch. The property is now availible for $16.9 million after dropping the price from its previous ask of $20 million. The ultra-luxurious 20,000 SF mansion which was built in 2004 features 7-bedrooms, 12-bathroom along with a 4 car garage. Inside there is a chef's kitchen with backlit marble kitchen island, 2 wine cellars, movie theater, billiard room with wet-bar, dramatic foyer flowing into formal living room, and a 3,500 SF master suite with dual bathrooms, walk-in closets, sitting area, and private balcony. Outside, the estate features a volleyball court, pool, summer kitchen and 100' of water-frontage on Biscayne Bay. 70 Palm Avenue is listed for $16,900,000 with Brett Harris and Darin Tansey of Douglas Elliman. 

Featured Listing: Exotic Waterfront Palm Island Mansion Listed for $13.9 Million

Waterfront luxury living on Miami Beach's famous Palm Island. 85 Palm Avenue is a 9,708 SF 8 bedroom, 8 bathroom and 2 powder room tropical exotic estate that flows between 3 structures. The home is finished with luxurious wood and stone imported from Asia along with an imported grand staircase, an open layout with gourmet kitchen and waterfall countertop and a luxurious master suite. The home features tons of outdoor entertainment space complete with a clad marble pool, summer kitchen and over 100' of water frontage. Currently listed for $13,900,000. Listing and photos by Julian Johnston of Calibre International Realty.